San Jose, California

Western Digital Corp. reported fiscal Q4 earnings of $3.2 billion with per-share profit of $8.21, exceeding Wall Street expectations of $3.35 per share. The company also posted revenue of $3.75 billion, surpassing forecasts of $3.7 billion, and provided guidance for the next quarter with expected per-share earnings between $3.85 and $4.15 and revenue between $4 billion and $4.2 billion.

Antora Energy raised $550 million to develop heat-storing batteries for powering data centers and factories. The Series C funding was co-led by G2 Venture Partners and another venture capital firm.

Rambus Inc. reported Q2 earnings of $67.6 million with profit of 61 cents per share, adjusted to 77 cents per share. The company generated $207.4 million in revenue and expects Q3 earnings between 75-82 cents per share with revenue of $210 million to $216 million.

Calix Inc. reported second-quarter net income of $17.1 million, or 26 cents per share, with adjusted earnings of 47 cents per share, exceeding Wall Street estimates. The company generated $293.3 million in revenue, also above forecasts, and projected third-quarter earnings between 37-45 cents per share with revenue of $301 million to $307 million.

Apple sued OpenAI, accusing the AI company of stealing trade secrets to develop a consumer hardware device. The lawsuit alleges OpenAI orchestrated a campaign to poach Apple employees and extract confidential information.

Delta Air Lines will launch a new nonstop route connecting Austin to San Jose, California, in October. The route will provide direct travel between the two cities.

Adobe Systems Inc. reported fiscal Q2 net income of $1.71 billion with adjusted earnings of $5.96 per share, exceeding Wall Street expectations. The company also surpassed revenue forecasts at $6.62 billion and provided guidance for higher earnings and revenue in the current and full fiscal years. However, Adobe shares have declined 37% since the start of the year and 47% over the past 12 months.

Micron Technology reached a record valuation of $1 trillion, highlighting its significant growth. The article references the company's offices in San Jose, California, and features a photograph by David Paul Morris for Bloomberg.

Nvidia's earnings may confirm a chip stock rally or lead to market chaos. The company is set to report its earnings, which could impact the market. The Nvidia GTC conference is being held in San Jose, California.

Nvidia Corp is restarting manufacturing of H200 AI accelerators for Chinese customers, marking progress in reentering the market. The company's CEO Jensen Huang announced this development. Nvidia displayed its Nvidia DGX GB300 rack at the Nvidia GTC conference.

Nvidia's stock has gained 20% in seven days, nearing a $6 trillion market value. The company is increasing manufacturing of H200 AI accelerators for customers in China. This progress is a significant step in Nvidia's effort to reenter the Chinese market.

Apollo and Blackstone are considering a $35 billion financing deal for Broadcom. Broadcom Inc. is set to release its earnings figures on June 5. The company is headquartered in San Jose, California.

Spirit Airlines has apologized after a shock shutdown, expressing gratitude and regret to the American public. The airline's operations were halted, causing disruptions to passengers. The exact cause of the shutdown is not specified in the provided information.

Firms are aggressively entering the US market with new debt, capitalizing on favorable issuance conditions. The article specifically mentions Intel's headquarters in San Jose, California, though the focus remains on broader financial market trends.

Nvidia Corp. is increasing production of H200 AI accelerators for customers in China, signaling progress in reentering the market, as stated by CEO Jensen Huang during the Nvidia GTC conference in San Jose, California.