Lightmatter, a Mountain View, California-headquartered startup building photonic tech in datacenter networking chips, said on Wednesday it has raised $400 million in a Series D funding round at a valuation of $4.4 billion. New investor T. Rowe Price led the funding round, with participation from existing backers including Fidelity and Alphabet's GV.     The latest funding came less than a year...

Oct 16 (Reuters) - ASML's deep forecast cuts that sparked a global tech stock selloff signal overcapacity at chip factories rather than a slowdown in global semiconductor demand, analysts said. While the weaker 2025 sales outlook from the chip equipment maker on Tuesday raised fears of faltering global semiconductor demand, several analysts pointed to inventory build-ups at chip factories that...

Financial giants have made a conspicuous bullish move on Applied Mat. Our analysis of options history for Applied Mat revealed 11 unusual trades. Delving into the details, we found 54% of traders were bullish, while 36% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $280,912, and 6 were calls, valued at...

(Reuters) -U.S. stock index futures were largely subdued on Wednesday, following a selloff in tech and oil stocks in the previous session, as investors awaited quarterly results from Morgan Stanley and other banks. Chip heavyweight Nvidia rose 0.6% in premarket trading, after slumping nearly 5% in the previous session, following a report the Biden administration is considering capping AI chip...