Shares surged over 100% in after-hours trading following a $35.6 million investment to advance a strategic mining project in Alaska.
Despite a revenue beat, the semiconductor equipment supplier's net loss and missed earnings per share estimates sent shares tumbling in after-hours trading.
New trade measure seen as a significant tailwind for domestic transport and logistics companies, boosting sector stocks.
The dilutive share offering at $1.25 per share comes just a week after the energy storage company's stock surged over 100%.
Taiwan Semiconductor hits a 52-week high while AMD and OpenAI announce a landmark chip deal, signaling sustained bullish momentum for chipmakers.
The private placement deal with an institutional investor is set to fund the development of the company's massive Tanbreez rare earth project in Greenland.
Former PayPal chief takes the helm as the telecom giant navigates intense competition and a strategic shift toward customer and financial growth.
Analyst cites accelerating DRAM pricing and a cyclical recovery in the memory chip market as key drivers for the bullish outlook.