Super Micro Computer ( SMCI ) stock is moving higher on Tuesday after the company announced its adding three new manufacturing facilities. What To Know: On Monday, the company in a press release said the new facilities will focus on producing liquid-cooled solutions, including racks and water towers. The company said with AI factories becoming more widespread, liquid-cooled data centers...

* Nvidia's ( NVDA ) market cap reaches over $3.3 trillion as stock rallies * Demand for Nvidia's ( NVDA ) AI chips outstrips supply * Nvidia's ( NVDA ) stock has surged about 173% so far this year (Updates with details of market capitalizations, earnings valuations and background on AI rally) June 18 (Reuters) - Nvidia ( NVDA )...

WASHINGTON, June 18 (Reuters) - Boeing ( BA ) CEO Dave Calhoun took questions from U.S. lawmakers on Tuesday afternoon, and acknowledged the planemaker's shortcomings after a January mid-air emergency involving an Alaska Airlines 737 MAX 9 raised widespread alarm. I am here to answer the questions. I am here in the spirit of transparency and I am here to...

(Reuters) - U.S. electric vehicle startups are turning to cheaper models, slamming the brakes on their production ramp-up plans and laying off employees to navigate a slump in demand due to steep borrowing costs and high repair expenses for the vehicles. Fisker ( FSRN ) filed for bankruptcy protection on Monday, becoming the latest electric-vehicle startup to succumb to fundraising...