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Nvidia announces deals with South Korea's SK Hynix, Naver and Doosan for AI data centres
Reuters60d agoneutral
Nvidia announces deals with South Korea's SK Hynix, Naver and Doosan for AI data centres

Nvidia on Monday announced deals with South Korea's SK Hynix, Naver and Doosan Group to build ‌AI data centres and use the U.S. chip firm's technology, as it ‌looks to continue driving the AI boom. The agreements come during a high-profile trip by Nvidia CEO ​Jensen Huang to South Korea that began on Friday and has seen him have fried chicken with the country's top corporate bosses, throw a baseball pitch and meet with a well-known gamer so far. Nvidia and its partners did not disclose ‌the value of the deals.

South Korea's Naver to build gigawatt-scale AI factories using Nvidia technology
Reuters60d agoneutral
South Korea's Naver to build gigawatt-scale AI factories using Nvidia technology

Nvidia ‌said on ‌Monday that South ​Korean internet conglomerate Naver would use its ‌technology ⁠to build AI factories ⁠at gigawatt scale to ​meet ​rising ​global demand ‌for AI services and physical AI. The project is aimed at ‌serving ​growing ​global ​demand for ‌AI services and ​physical ​AI applications, Nvidia said. (Reporting ​by ‌Heekyong Yang; ​Editing by Jamie ​Freed)

Marvell leads chip wreck unseen since the pandemic
TheStreet60d agoneutral
Marvell leads chip wreck unseen since the pandemic

Three trading days earlier, Marvell Technology (MRVL) had the market in awe. Nvidia chief executive Jensen Huang had stood on a stage in Taipei and called the chip designer “the next trillion-dollar company.” Traders responded by handing the stock its biggest one-day gain ever. By Thursday’s close, ...

Nvidia’s $500 billion AI opportunity gets real
TheStreet60d agoneutral
Nvidia’s $500 billion AI opportunity gets real

Nvidia (NVDA) is a name most investors think about when analyzing the artificial intelligence boom. Nvidia's processors helped turn generative artificial intelligence from a software triumph into a big infrastructural race. Data centers, cloud platforms, and corporate AI systems have all looked to ...

Broadcom CEO drops unexpected message on AI and software
TheStreet60d agobearish
Broadcom CEO drops unexpected message on AI and software

There's a fear quietly spreading through enterprise software circles — that agentic AI is coming for the business model. Why pay for software licenses when AI can write, replace, or automate what that software does? It's a legitimate question. And 65-year-old Broadcom (AVGO) CEO Hock Tan just ...

1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle
24/7 Wall St.60d agobullish
1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle

President Trump’s second-term trade agenda has hardened into a structural policy regime, with U.S. steel imports sitting at their lowest levels since the global financial crisis. That backdrop has turned the under-$40 corner of the industrial market into one of the most asymmetric setups in the market, where a single multi-quarter pricing cycle can re-rate ... 1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle

If You Hold This 20 Year Treasury ETF You Are Losing Money Even With Yields Up
24/7 Wall St.60d agoneutral
If You Hold This 20 Year Treasury ETF You Are Losing Money Even With Yields Up

A 68-year-old retiree who moved $180,000 out of stocks and into the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in late 2024 was making a directional rate bet. The pitch was clean: lock in a 4.5% long-bond yield before the Federal Reserve cut rates, then collect price appreciation on top of monthly coupons. The 20-year ... If You Hold This 20 Year Treasury ETF You Are Losing Money Even With Yields Up

Banks Are Paying Again: 5 Financial Dividend Stocks After the Stress Tests
24/7 Wall St.60d agoneutral
Banks Are Paying Again: 5 Financial Dividend Stocks After the Stress Tests

The Federal Reserve’s asset cap on Wells Fargo came off in 2025. JPMorgan’s board waved through a $50 billion repurchase authorization. Bank of America returned $9.30 billion to shareholders in a single quarter. The post-stress-test capital return cycle is already running, and the cash is being shoveled out the door faster than most retail investors ... Banks Are Paying Again: 5 Financial Dividend Stocks After the Stress Tests

“Wait for the First Dip and Then Come In.” How Wall Street Experts Are Playing the SpaceX IPO.
24/7 Wall St.60d agoneutral
“Wait for the First Dip and Then Come In.” How Wall Street Experts Are Playing the SpaceX IPO.

While much of the market is gearing up to chase the SpaceX listing on day one, Constellation Research Chairman Ray Wang appeared on CNBC’s Squawk Box this morning, June 5, with a different message for retail investors: “I would actually wait for the IPO and wait for the first dip and then come in,” Wang ... “Wait for the First Dip and Then Come In.” How Wall Street Experts Are Playing the SpaceX IPO.

Nvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage
Reuters60d agoneutral
Nvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage

Nvidia and South Korea's SK are expected to announce a plan ‌for cooperation between the two companies on ‌Monday, with the boss of the U.S. chipmaker saying that ​the ongoing memory shortage would persist for "quite a few years". A spokesperson for SK Hynix said group chairman Chey Tae-won and Nvidia CEO Jensen Huang plan ‌to brief media ⁠about the plan on Monday morning, confirming a report by Newsis. Huang separately said ⁠that Nvidia could make announcements with SK on Monday.

Fed's Mary Daly has blunt message for AI stock investors
TheStreet61d agoneutral
Fed's Mary Daly has blunt message for AI stock investors

Mary Daly just issued a stark warning to AI stock investors in a recent sit-down interview with Bloomberg. Daly argues that the broader story remains promising, but clearly the proof is still incomplete. The San Francisco Fed president laid out the case that businesses are clearly spending, ...