October 1, 2024
“…Chinese regulators have discouraged companies from purchasing Nvidia’s H20 chips, which are used to develop and run AI models, Bloomberg News reported late Friday. That policy has taken the form of guidance rather than an outright ban, as Beijing wants… Continue Reading…
September 23, 2024
“Jim Kavanaugh, CEO of World Wide Technology, told CNBC that people are “too smart” to accept artificial intelligence won’t alter their work environment. Business leaders shouldn’t “BS” employees about the impact of AI on jobs, Kavanaugh said, adding that they… Continue Reading…
September 19, 2024
“The Global Artificial Intelligence Infrastructure Investment Partnership is initially looking to raise $30 billion for new and existing data centers. The fundraising, which could total $100 billion, will also be used to invest in the energy infrastructure needed to power… Continue Reading…
August 14, 2024
“…Sales for the month reached NT$256.95 billion ($7.9 billion). For the third quarter, analysts project TSMC revenue should grow 37% to NT$747.4 billion, with the July result suggesting TSMC may surpass those expectations…” https://finance.yahoo.com/news/tsmc-sales-grow-45-july-054146804.html
August 12, 2024
“Lumen Technologies… shares soared after the telecommunications company said it had secured $5 billion in new deals. And there’s a raft of other positive news that seems to be driving the stock… Lumen shares were up 43% in Wednesday’s premarket. The… Continue Reading…
July 12, 2024
“TSMC, the world’s largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market forecasts, on the back of booming demand for artificial intelligence (AI) applications… Revenue in the April-June period of this year came in… Continue Reading…
July 2, 2024
“ Share prices of Cirrus Logic (NASDAQ: CRUS) have been in fine form so far in 2024, clocking gains of 48% as Wall Street turns bullish on the chipmaker’s prospects. The market is excited about a turnaround in the smartphone market, its solid… Continue Reading…
July 2, 2024
“…Next in the club Which AI companies are in the best position to join these six in the $1 trillion club? My votes go to Broadcom (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing (NYSE: TSM)… While I predict Broadcom and Taiwan Semiconductor will be the next… Continue Reading…
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