Morningstar

Tech Up as AI Arms Race Continues — Tech Roundup

Provided by Dow Jones

Shares of technology companies rose as the artificial-intelligence arms race continued.

Shares of Intel rallied after rival Nvidia said it would invest $5 billion in its rival domestic chip maker, the latest effort to revive its flagging fortunes.

Nvidia also committed to a 2 billion British pound sterling investment in U.K. AI infrastructure. Nvidia's move comes on the heels of several U.S. AI investments, including multibillion-dollar projects from Alphabet's Google and Microsoft. Microsoft said it's in the final stages of construction on the $3.3 billion project in Wisconsin that it's calling the most advanced AI data center in the world.

Shares of cybersecurity firm Netskope rose after its initial public offering, rising to $24.40 in early trading, and demonstrating investor appetite for rare cybersecurity listings.

Via Transportation and Alphabet's Waymo joined forces to bring robotaxis to public transit, starting with a suburb of Phoenix. 




  Write to Rob Curran at rob.curran@dowjones.com 



  (END) Dow Jones Newswires



  September 18, 2025 18:46 ET (22:46 GMT)


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