Microsoft executive says Call of Duty will land on NVIDIA RTX Spark devices in 2027

APLD announced its financial results for the first quarter of fiscal year 2027 with revenue of $341.9 million, marking a 322% increase compared to the same period last year. Service and other income reached $262.8 million, while data center leasing income was $79.1 million.

According to sources, Solidigm, the flash memory business subsidiary under SK Hynix (SKHY.US), has selected Goldman Sachs (GS.US) and Morgan Stanley (MS.US) to manage its US IPO planned for next year. JPMorgan, Citigroup, and UBS have also been invited to participate in the listing. Solidigm could go public as early as 2027, with a potential valuation as high as 100 billions USD. The relevant discussions are ongoing, so specific details might change, and additional banks may also join.

The U.S. Department of Defense has provided Wolfspeed (WOLF.US), a chip manufacturer, with a conditional senior secured loan commitment of up to $1.5 billions for a 30-year term, to support domestic production of silicon carbide materials and wide bandgap power devices. According to deal terms still under negotiation, Wolfspeed will grant the Department of Defense warrants to purchase up to 7.5% of the company’s shares in stages. Last July, Wolfspeed filed for bankruptcy due to production issues at a key silicon carbide wafer manufacturing plant. The company stated that the funds would be used to expand production of silicon carbide materials and power devices for the telecommunications, aerospace, and defense sectors, and to upgrade material supply capability for military communication systems. Following the announcement, Wolfspeed’s stock price surged over 28% after hours.

According to The Wall Street Journal, sources reveal that Oracle is in talks with institutions such as Apollo and Goldman Sachs for financing to support a large-scale chip purchase. Oracle hopes to complete the deal as early as this year. This financing is intended to bridge the funding gap between Oracle’s payment for hardware procurement and the cloud computing business beginning to generate revenue.