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The Marked Chart Wire · Business
Viking Therapeutics
Viking Therapeutics reported a loss of $1.55 per share for the third quarter, missing the expected loss of $1.05. The company's actual results were 47.62 percent worse than analyst projections.
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HotChip Manufacturing
Nvidia agreed to pay $1.1 billion upfront to secure testing capacity at King Yuan Electronics' new Texas site. The project, which includes $79 million in real estate and $534 million in equipment, aims to begin mass production in April 2027.
Deals
Nvidia is said to be negotiating to offer financial guarantees for a $45 billion cloud agreement involving Anthropic.
HotSymbotic
Symbotic announced a multiyear agreement with Walmart involving roughly $6 billion in initial spending commitments. The deal includes a $125 million investment in new racking technology and expands prior contracts across the Americas.
HotSanDisk
SanDisk reported first-quarter revenue of $11.03 billion and adjusted earnings per share of $49.51, driven by high storage prices for AI data centers. The company guided for second-quarter revenue between $12.2 billion and $12.6 billion.
HotAmazon Earnings
Amazon shares fell 5 percent after hours as Q3 revenue of $201.9 billion and holiday guidance disappointed investors. AWS revenue grew 39 percent to $46 billion, but quarterly capital expenditures reached $75.8 billion.
HotIntel
Intel stock fell nearly 17% after hours as the company guided Q4 revenue to $15B-$16B, below the $17B estimate. Gross margins are expected to decline to 37% due to rising memory costs and a persistent PC market slowdown.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.