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Intel Is Raising $20 Billion To Deepen Their Bet On AI |
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Intel (NASDAQ: INTC) publicly stated they are raising $20 billion in a new equity financing round priced at $95.00 per share, including a $12 million personal investment from Intel’s CEO and a family member. The new growth capital will be used to expand their foundry manufacturing build out and scale up chip production to meet the growing demand for artificial intelligence workloads. |
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Kodiak AI Secures Approval For Autonomous Truck Testing In California |
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Kodiak AI (NASDAQ: KDK) was granted a testing permit from the California DMV to operate their heavy-duty autonomous trucks on public roads with a safety driver on board. The permit allows Kodiak to validate its mirror-replacing sensor pods and advanced AI architecture on complex West Coast highways, a critical step before deploying its fully driverless, 24/7 hauling capabilities. |
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5E Advanced Materials Lands Funding From Export-Import Bank of the United States |
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5E Advanced Materials (NASDAQ: FEAM) has landed $8 million in funding from the Export-Import Bank of the United States to advance their Fort Cady boron project located near Newberry Springs, California. The Fort Cady project is widely considered to be the only advanced boron project under development in the United States and is expected to produce high-value brown as well as recovering lithium as a byproduct. |
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The Sprint |
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The Markets This Week |
+64.3% | AbCellera Biologics |
+58.3% | Standard Nuclear |
+47.7% | Nebius Group |
+46.1% | Heartflow |
+39.8% | Exodus Movement |
+37.7% | Mogo Inc. |
+35.4% | SanDisk |
+33.9% | Safe Pro Group |
+30.4% | Fastly Inc. |
+30.1% | Unusual Machines |
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Top Trends This Week |
+16.7% | Memory Stocks |
+16.2% | Rare Earth Elements |
+13.7% | Peter Thiel |
+11.6% | Drone Stocks |
+10.3% | Ethereum Holders |
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