President Trump announced Apple will collaborate with Intel on U.S.-based semiconductor development and manufacturing last week, driving Intel stock nearly 5% higher. RUM Group completed its acquisition of Germany-based AI infrastructure provider Northern Data and launched its Quake AI platform, while Ondas announced its sixth acquisition of 2026 by agreeing to buy Cyberhawk for approximately $125 million. The developments reflect intensified corporate and government efforts to secure strategic advantages in AI hardware and critical technology infrastructure amid growing concerns about supply chains and geopolitical tensions.
Trump Announces Apple-Intel Chip Partnership
President Trump said Apple would collaborate with Intel on semiconductor development and production within the United States. Intel posted one of the week's standout performances, gaining nearly 5%. On Stocktwits, retail message volume linked to INTC tumbled 31% during the week, but watchers rose 0.3%.
Nebius Completes Eigen AI Acquisition
Nebius Group N.V. completed its acquisition of AI optimization specialist Eigen AI and clocked a 10% gain over the week. Hewlett Packard Enterprise Co. said cloud provider Vultr selected its technology alongside Nvidia systems for advanced AI cloud services. HPE and NVDA stocks lost 3% and 0.8%, respectively, over the past week.
Marvell said it plans to use TSMC's next-generation manufacturing technology for its future AI chips. MRVL stock gained 0.5%, with message volume up 12% over the week. Apple warned that rising memory and storage costs could lead to higher prices for some of its products. AAPL stock saw a 0.5% weekly gain.
RUM Group Completes Northern Data Acquisition
RUM Group completed its acquisition of Germany-based AI infrastructure provider Northern Data and launched its Quake AI platform, expanding its exposure to large-scale computing resources powered by Nvidia graphics processors. RUM stock declined 5% over the past week, but message volume jumped 86%.
HIVE Digital Technologies unveiled plans to purchase a data center in Sweden. Coherent announced plans to expand its Texas factory that produces lasers and networking equipment used in AI systems. Talks between Microsoft and Oracle over a cloud infrastructure leasing deal were paused due to security and regulatory concerns. Solidion Technology introduced a patented AI-powered battery technology aimed at improving battery manufacturing and performance, while Salesforce said it plans to acquire Fin for $3.6 billion.
Ondas Acquires Cyberhawk for $125 Million
Ondas announced its sixth acquisition of 2026 last week, agreeing to buy Cyberhawk for about $125 million. The acquisition expands Ondas' presence in drone inspections, AI-driven analytics and critical infrastructure monitoring, while adding Cyberhawk's operations across 40 countries. ONDS stock lost more than 2% with a 28% slump in message volume over the past week, although followers climbed by 0.7%.
Uber Technologies expanded its robotaxi collaboration with WeRide into Switzerland. Tesla received support from a Texas transportation official for its autonomous vehicle ambitions. AST SpaceMobile launched additional satellites as it continued building a space-based broadband network. UBER, TSLA and ASTS stocks declined between 1% and 7% over the week.
Negotiators from the U.S. and Iran reported meaningful progress during talks held in Switzerland on Monday.
FAQ
What did President Trump announce about Apple and Intel last week?
President Trump said Apple will work with Intel on U.S.-based chip development and manufacturing. Intel stock gained nearly 5% following the announcement.
How much did Ondas pay to acquire Cyberhawk?
Ondas agreed to buy Cyberhawk for approximately $125 million. This marks Ondas' sixth acquisition of 2026.
What happened to RUM Group stock after completing the Northern Data acquisition?
RUM stock declined 5% over the past week following completion of its Northern Data acquisition, but message volume jumped 86%.
