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AI chip industry leader Nvidia’s high market share draws federal prosecutors’ scrutiny
The Department of Justice has contacted Nvidia relating to the company’s more than 80% market share of the burgeoning AI chip industry. Reports that the DOJ sent subpoenas to the leading manufacturer of data center graphics processing units,
Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.
Nvidia Stock Drops. The Fed Isn’t This Chip Stock’s Friend.
The chip maker's shares have tended to pop after the Federal Reserve cuts interest rates, judging by data stretching back to 1999.
Fed's rate cut sparks rally in chip stocks
CNBC's Seema Mody reports on the latest rally in chip stocks.
Nvidia, AMD stocks lead tech rally after Fed rate cut
AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable, 50 basis point interest rate cut.
2d
SiFive unveils RISC-V chip design for high-performance AI workloads
SiFive, a designer of chips based on the RISC-V computing platform, announced a series of new AI chips for high-performance ...
The Economist
4d
AI has propelled chip architecture towards a tighter bond with software
In the 2000s, software companies like Google, Microsoft and Meta were content with the incremental processing gains that ...
19m
Is it time to buy an AI-powered Copilot+ PC?
To get the maximum benefits of the latest technology, you must jump in when it is reasonably mature, with ample choices in the market.
1d
on MSN
Dow’s Lack of AI Stocks Puts Blue-Chip Index ‘Behind the Curve’
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
The Economist
1d
China’s AI firms are cleverly innovating around chip bans
Some Chinese firms are rumoured to be turning to the black market to get their hands on these coveted chips. But the majority ...
3d
Amazon's Leaner Structure and AI Chip Partnership with Intel Could Boost Growth: BofA Analyst
BofA Securities analyst Justin Post maintained a Buy rating on Amazon.Com Inc (NASDAQ:AMZN) with a price target of $210. The ...
The Information
1d
As AI Chip Startups Sell to Mideast, More Hire in Region
Startups that design artificial intelligence chips are eyeing the Middle East as a lucrative market where they can gain an ...
11d
SiMa.ai debuts new system-on-chip for multimodal AI at the network edge
Artificial intelligence chip startup SiMa Technologies Inc. has unveiled what it says is the first system-on-chip platform ...
3d
Intel scores Amazon AI chip deal, reigniting hopes for a turnaround
The announcement comes after Intel secured up to $3 billion in direct funding under the US CHIPS and Science Act.
2d
$30 In Sight for Intel Stock After Amazon AI Chip Win?
Intel stock (NASDAQ: INTC) rallied by close to 6% in Monday’s trading and gained by another 8% in after-hours trading, taking the stock to levels of about $22 per share. Intel stock still remains down ...
5d
Chip Startup Groq Backs Saudi AI Ambitions With Aramco Deal
Artificial intelligence startup Groq Inc. has partnered with oil producer Aramco to build a giant data center in Saudi Arabia ...
4d
on MSN
Intel moves to spin out foundry business, inks AI chip deal with AWS
Intel announced it'll pause its chip-making plans in Poland and Germany -- and expand a deal with AWS to build custom chips, ...
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