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Nvidia (NVDA) stock is up about 15.98% year to date, at the time of writing, Thursday afternoon, June 4. Meanwhile, the SPDR S&P 500 index (SPY) is up about 10.97% in the same period. While the stock has outpaced the S&P 500, its growth has lagged that of other computer-related ...
Rigetti Computing stock exploded in May on federal funding news and a strong earnings beat.
SpaceX may be a remarkable company, but its IPO could prove far less rewarding for ordinary investors.
Broadcom shares fell Thursday despite a better-than-expected earnings report, leading other chip stocks lower.
Inflation has accelerated and economic growth has slowed under President Trump.
Foxconn Technology Group and Intel are partnering to develop artificial-intelligence infrastructure, aiming to address critical bottlenecks in modern data centers.
TAIPEI, June 4 () - Taiwan's Foxconn announced on Thursday a strategic collaboration with Intel to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms. Foxconn, the world's largest contract electronics manufacturer, said in a statement that the partnership aims to create comprehensive AI solutions spanning silicon, rack, system and application layers.
TAIPEI, June 4 (Reuters) - Taiwan's Foxconn announced on Thursday a strategic collaboration with Intel to jointly develop and deploy next-generation AI infrastructure and intelligent computing
Foxconn said on Thursday it will work with U.S. chipmaker Intel to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems. Taiwan's Foxconn, the world's largest contract electronics manufacturer, said in a statement that the partnership would combine Intel's chip technology with Foxconn's manufacturing and system-building expertise. The companies plan to work on equipment used in AI data centres, including server racks powered by Intel Xeon processors and AI accelerator chips.
Qualcomm's stock was under pressure on June 1 after Nvidia CEO Jensen Huang made a surprise move that rattled the PC chip market. At Taiwan's annual Computex conference, Huang shared that Nvidia (NVDA) is entering the personal computer processor market with a new chip developed in partnership with ...
Taiwan's TSMC, the world's largest contract chipmaker, said on Thursday it is confident in its growth over the next few years, driven by robust demand for computing power and advanced semiconductors, as it rides an AI boom. Chief Executive C.C. Wei, speaking at TSMC's annual shareholders' meeting in the northern Taiwanese city of Hsinchu, added that its customers continue to express a positive outlook for the AI industry. Taiwan has taken centrestage this week as it hosts the annual Computex conference, where leaders of some of the world's most powerful tech companies are gathering, with executives from the likes of Nvidia to Intel praising the island's central role in the global supply chain.
Yext's fiscal Q1 report arrived with better-than-expected earnings, but investors are focusing on other aspects of the business update.
SpaceX is attempting to go public at the largest valuation ever.
(Bloomberg) -- Senate Democrats are threatening to block an extension of a controversial spy powers law if the White House refuses to withdraw its appointment of Bill Pulte as the acting director of National Intelligence. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest Perso
There is a new twist this year with the Fed's stress tests.
Each of these companies is aiming to play a crucial role in the AI build-out.
The AI company submitted a confidential filing this week.
The company filed with the SEC and could go public as early as next month.
Oddity is getting hit with another massive post-earnings sell-off, and the stock is down roughly 87% over the last year.
Experts are starting to believe in a potential megamerger.
The “Intel Inside” marketing campaign made Intel a household name and a ubiquitous personal-computer chip supplier in the 1990s. These days, “Nvidia Inside” has a lot more selling power. Intel shares fell yesterday after Nvidia unveiled a new line of PC chips, and are down a further 2% in premarket trading.
Intel laid out a strategy to capitalize on the latest shifts in artificial intelligence on Tuesday, reiterating its focus on the full-stack ecosystem as it looks to pull off a pivot to AI. Emphasizing value over single chips, Intel CEO Lip-Bu Tan outlined four pillars to meet modern software and hardware demands: PCs, edge and agentic AI, foundational data centers, and intelligence centers.
Stocks often pop on their first trading day, but larger IPOs tend to the S&P 500 over time.
The new head of the Fed has a virtually impossible task of appeasing the president and Wall Street concerning interest rates.
Nvidia boss Jensen Huang said on Tuesday the company has enough supply to accommodate robust growth for central processing units (CPUs) as well as graphics processing units (GPUs) as it rides a boom in artificial intelligence. Chief Executive Huang was speaking at Nvidia's GTC press conference during Computex week in Taipei, a day after the $5 trillion chip giant unveiled a new chip that processes AI capabilities directly. Nvidia's new chip, which will be launched in the fall, puts AI capabilities directly into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple.
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