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Ondas
Ondas won multimillion-dollar deals for portable detection and autonomous interception systems in Europe and Asia. The company did not disclose specific contract values or customer names.
Part of a series: Ondas expands defense and aviation contracts
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AMD
Bank of America reduced its price target for Advanced Micro Devices to $650 from the previous estimate of $720.
OpenAI
OpenAI has announced plans to acquire Pierre Computer Company.
European Chips Act
Synopsys will supply design software to the Europe Chips Joint Undertaking. The deal supports startups and researchers in creating processors for artificial intelligence and high-performance computing.
Analyst Ratings
Investment firms updated ratings for companies like Astera Labs and Navitas Semiconductor, citing AI demand. Others, including Adobe and Flagstar, received downgrades due to growth concerns or rate pressures.
IonQ
IonQ finished buying cybersecurity firm Elisity in an all-stock transaction valued at $1.15 billion. The total could reach $1.3 billion if revenue targets are met by January 2028.
SpaceX
SpaceX plans to deploy Qualcomm 5G equipment across up to 80,000 US cell sites starting in 2027. The arrangement pairs ground-based infrastructure with Starlink satellite links as the company expands its wireless operations.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.