Technology 5 March 2026

Broadcom stock jumps as CEO flags $100 billion AI chip sales, buyback plan
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Broadcom stock jumps as CEO flags $100 billion AI chip sales, buyback plan

Broadcom shares rose about 5% after CEO Hock Tan projected AI chip sales will top $100 billion in 2027. The company reported first-quarter revenue up 29% to $19.3 billion, with AI revenue doubling to $8.4 billion. Broadcom announced a $10 billion share repurchase program through 2026. Investors remain cautious about continued AI infrastructure spending amid supply constraints.
March 5, 2026
Moderna’s $2.25 billion patent settlement clears a major cloud over its COVID vaccine tech
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Moderna’s $2.25 billion patent settlement clears a major cloud over its COVID vaccine tech

Moderna will pay $950 million to Arbutus Biopharma and Genevant Sciences in the third quarter of 2026 to settle mRNA vaccine patent litigation, with no future royalties owed. The deal, reached before a Delaware jury trial, includes a court judgment of infringement and a non-exclusive license for lipid nanoparticle technology. Moderna’s stock jumped after the news. An additional $1.3 billion could be owed, depending on an ongoing appeal.
March 5, 2026
UiPath adds Switzerland data residency for GenAI Activities — why PATH investors are watching
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UiPath adds Switzerland data residency for GenAI Activities — why PATH investors are watching

UiPath added Switzerland as a data residency option for its Integration Service and GenAI Activities, storing customer data within Swiss borders. Shares rose 0.2% to $11.07 in U.S. premarket trading Thursday, ahead of results due March 11. The company also updated Automation Cloud license tracking and tightened Document Understanding access controls. UiPath last reported quarterly revenue of $411 million, up 16% year over year.
March 5, 2026
Netflix plugs Amazon and Yahoo data into its ad tier — and rolls out a new measurement tool
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Netflix plugs Amazon and Yahoo data into its ad tier — and rolls out a new measurement tool

Netflix will introduce new ad-targeting options through Amazon DSP and Yahoo DSP in the U.S. starting in the second quarter. The company is also launching a Conversion API to help advertisers track campaign results. Netflix expects its ad business to nearly double this year, according to CFO Spencer Neumann. Shares rose about 1% to $98.66 in premarket trading Thursday.
March 5, 2026
Palantir’s Pentagon AI Tool Hit by Anthropic Ban, Forcing Risky Rebuild
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Palantir’s Pentagon AI Tool Hit by Anthropic Ban, Forcing Risky Rebuild

Palantir must remove Anthropic’s Claude AI from its Maven Smart Systems after a Trump administration order halted contractor work with Anthropic. The overhaul could take months and affects U.S. defense contracts worth over $1 billion. Lockheed Martin and other contractors face similar pressure as Washington considers labeling Anthropic a supply-chain risk. Palantir, the Pentagon, and Anthropic declined to comment.
March 5, 2026
Intel’s 18A rethink: why CEO Lip-Bu Tan may sell the tech outside after all
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Intel’s 18A rethink: why CEO Lip-Bu Tan may sell the tech outside after all

Intel CEO Lip-Bu Tan is reconsidering offering the company’s 18A chipmaking process to outside customers, CFO David Zinsner said Wednesday. The move marks a shift from Intel’s previous strategy to reserve 18A for internal use. Intel shares rose about 6% following the remarks. The comments come days after Intel announced board chair Frank Yeary will retire in 2026, to be succeeded by Craig H. Barratt.
March 5, 2026
Affirm shares climb after Stripe adds its buy-now-pay-later option to AI checkout tokens
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Affirm shares climb after Stripe adds its buy-now-pay-later option to AI checkout tokens

Affirm said it will support Stripe’s Shared Payment Tokens, allowing AI shopping agents to offer Affirm’s pay-over-time plans at checkout. Stripe said the system lets agents initiate payments with shopper permission without exposing sensitive credentials. Affirm shares rose about 6% in premarket U.S. trading. The feature will roll out to Stripe’s direct merchants first, then more broadly later this year.
March 5, 2026
Nvidia’s China H200 freeze: the chip pivot that could speed up Vera Rubin
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Nvidia’s China H200 freeze: the chip pivot that could speed up Vera Rubin

Nvidia has halted production of H200 AI chips for China and shifted some TSMC capacity to its next-generation Vera Rubin hardware, the Financial Times reported Thursday. The move comes ahead of Nvidia’s GTC conference in San Jose later this month. Nvidia and TSMC did not immediately comment. U.S. export controls continue to limit Nvidia’s China sales despite recent license approvals.
March 5, 2026
Alibaba puts CEO Eddie Wu in charge of new AI task force after Qwen chief quits
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Alibaba puts CEO Eddie Wu in charge of new AI task force after Qwen chief quits

Alibaba will form a new task force to accelerate foundation model development after Lin Junyang, head of its Qwen AI division, resigned this week. CEO Eddie Wu, CTO Wu Zeming, and Alibaba Cloud CTO Zhou Jingren will coordinate the group. Qwen’s mobile app reached 203 million monthly active users in February, ranking third globally. Alibaba has released over 400 open-source Qwen models since 2023.
March 5, 2026
AST SpaceMobile stock jumps as Telus takes stake — Canada deal and Africa push in focus
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AST SpaceMobile stock jumps as Telus takes stake — Canada deal and Africa push in focus

AST SpaceMobile shares jumped 13% to $104.89 after Telus agreed to invest and partner on satellite-powered mobile service in Canada, targeting a late 2026 launch. AXIAN Telecom also signed to deploy AST’s network in Africa, pending approvals. Taiwan Mobile and France’s Orange announced separate collaborations with AST for direct-to-device satellite services. About 20.8 million AST shares traded Wednesday.
March 5, 2026
Arista Networks stock jumps 8% as CEO talks $10B revenue year and flags chip crunch
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Arista Networks stock jumps 8% as CEO talks $10B revenue year and flags chip crunch

Arista Networks shares jumped 8.2% Wednesday, closing at $134.83, and rose about 1% in early Thursday trading. CEO Jayshree Ullal told a Morgan Stanley conference the company expects to surpass $10 billion in revenue this year, citing a $105 billion market opportunity. Executives warned memory-chip shortages could persist for up to two years. Nvidia was described as both a partner and a competitor in AI networking.
March 5, 2026
Rigetti (RGTI) stock rises after results: $590 mln cash, new quantum milestone, March target
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Rigetti (RGTI) stock rises after results: $590 mln cash, new quantum milestone, March target

Rigetti Computing shares rose 4.7% to $17.76 in premarket trading after reporting 2025 revenue of $7.1 million and a GAAP net loss of $216.2 million. The company cited an $8.4 million India order and $5.7 million in Novera orders as near-term drivers. Cash and investments totaled $589.8 million at year-end. Deployment of a 108-qubit system is expected by the end of March.
March 5, 2026
Nebius Group lands Missouri OK for 1.2‑GW “AI factory” as NBIS stock jumps
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Nebius Group lands Missouri OK for 1.2‑GW “AI factory” as NBIS stock jumps

Nebius Group secured city approval for a Chapter 100 incentive package for its planned AI data-center campus in Independence, Missouri, which could reach 1.2 gigawatts of capacity. The 5-2 vote grants long-term tax abatements worth up to $6.26 billion over 20 years. NBIS shares rose about 13% in premarket trading. The campus would cover 400 acres and create about 1,200 construction and 130 permanent jobs.
March 5, 2026
Broadcom stock jumps after CEO flags $100 billion AI chip revenue in 2027, $10 billion buyback
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Broadcom stock jumps after CEO flags $100 billion AI chip revenue in 2027, $10 billion buyback

Broadcom forecast over $100 billion in annual AI chip revenue for 2027 and projected second-quarter revenue of about $22 billion, above Wall Street estimates. Fiscal first-quarter revenue rose 29% to $19.31 billion, with AI semiconductor revenue reaching $8.4 billion. Shares climbed nearly 5% in after-hours trading. The company approved a new $10 billion share repurchase program through 2026.
March 5, 2026
DroneShield unlocks 1.3 million new shares as staff options vest — and selling may follow
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DroneShield unlocks 1.3 million new shares as staff options vest — and selling may follow

DroneShield Limited has applied to list 1,335,000 new shares on the ASX after performance options were exercised, with no sale restrictions, according to a filing. The company expects some employees will sell. Shares rose 8.48% to A$3.64 in afternoon trade. The new stock adds to a steady flow of option conversions that investors monitor for dilution and insider selling.
March 5, 2026
AST SpaceMobile (ASTS) stock jumps on Telus equity stake in Canada satellite-to-phone plan
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AST SpaceMobile (ASTS) stock jumps on Telus equity stake in Canada satellite-to-phone plan

AST SpaceMobile shares rose 13% Wednesday after Telus announced it will take an equity stake and invest in ground infrastructure to support satellite-to-phone coverage in Canada. Telus plans to offer satellite-powered mobile services in remote areas by late 2026. AST also signed a partnership with AXIAN Telecom to launch direct-to-device service in Africa, pending regulatory approval. AST’s market value reached about $17.6 billion.
March 5, 2026
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