Generac surges 18% on Amazon deal, Intel warns of chip shortage

GNRC  Generac

Generac Holdings Inc. jumped 18.34% after announcing a $2.4 billion long-term generator supply deal with Amazon for its data centers (per Amazon).

INTC  Intel

Intel Corporation CEO Lip-Bu Tan stated the company can meet only about half of customer CPU demand, highlighting significant supply constraints (per Intel Corporation).

TEM  Tempus AI

Tempus AI Inc. was upgraded to Overweight from Neutral by Piper Sandler, with a price target increase from $56 to $76 (per Piper Sandler).

CRWV  CoreWeave

CoreWeave Inc. fell 4.16% after announcing a proposed $3.0 billion private offering of convertible notes and an equity distribution agreement to sell up to 35 million Class A shares (per CoreWeave Inc.).

NBIS  Nebius Group

Nebius Group N.V. is rallying following news of its sovereign AI infrastructure partnership with Palantir (per Palantir).

INTC  Intel Corporation

Intel Corporation CEO Lip-Bu Tan stated that the company can currently meet only about half of customer CPU demand, highlighting supply constraints (per Intel Corporation).

CRWV  CoreWeave Inc.

CoreWeave Inc. announced a proposed $3.0 billion private offering of 2033 convertible notes and an at-the-market equity distribution agreement to sell up to 35 million Class A shares, leading to dilution fears (per CoreWeave Inc.).

TEM  Tempus AI Inc.

Tempus AI Inc. was upgraded to Overweight from Neutral by Piper Sandler, with a price target increase from $56 to $76 (per Piper Sandler).

MRVL  Marvell Technology

Marvell Technology Group Ltd is up 4.81%.

INTC  Intel Highlights Tight Chip Supply

Intel CEO Lip-Bu Tan stated that the company can currently meet only about half of customer CPU demand, indicating significant supply constraints across the semiconductor industry (per Intel Corporation).

CRWV  CoreWeave Announces Capital Raise

CoreWeave Inc. is launching a $3.0 billion private offering of 2033 convertible notes and an equity distribution agreement to sell up to 35 million Class A shares, triggering dilution fears among investors (per CoreWeave Inc.).

GNRC  Generac Secures Major Data Center Deal with Amazon

Generac Holdings Inc. signed a long-term supply deal with Amazon worth $2.4 billion, with potential payments up to $8 billion, to provide generators for Amazon's data centers (per Amazon).

INIO  INNIO Secures Large Data Center Order

INNIO N.V. received a 450 MW order for its Jenbacher J624 containerized gas engines to power next-generation data centers in North America (per INNIO N.V.).

NBIS  Nebius Group N.V.

Nebius Group N.V. is experiencing a rally following news of its sovereign AI infrastructure partnership with Palantir, with Truist initiating coverage with a Buy rating and Citi raising its.