A multibillion-dollar AI agreement is in limbo as the US Commerce Department scrutinizes the UAE's ties to Beijing, potentially impacting Nvidia's growth.
The all-cash deal allows Occidental to pay down significant debt and sharpen its focus on core oil and gas exploration.
Warren Buffett's firm deepens its investment in the energy giant with an all-cash deal for its chemical division.
All-stock deal aims to create a diversified leader in the semiconductor sector, targeting high-growth AI and power device markets.
Reports of a potential foundry deal with its chief rival are seen as a major validation of Intel's manufacturing strategy.
The deal will create a combined semiconductor equipment firm, but investors react cautiously to the terms, sending Axcelis stock down 3.4%.
Deal would be one of the largest in the utility sector, driven by surging power demand from AI and data centers.
A partnership with Samsung and SK Hynix for the ambitious AI infrastructure project is fueling a rally across the chip sector.