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Here Are Thursday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, Amgen, AngloGold Ashanti, Caterpillar, Chewy, Meta Platforms, Novartis, NVIDIA, SK hynix, and More
24/7 Wall St.11d agoneutral
Here Are Thursday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, Amgen, AngloGold Ashanti, Caterpillar, Chewy, Meta Platforms, Novartis, NVIDIA, SK hynix, and More

Pre-Market Stock Futures: Futures are trading mixed after a second brutal day, with all major indices finishing lower again. Rising rates, Brent Crude trading above $100, and what appears to be an increase in the Iran attacks in the Persian Gulf were all it took for sellers to keep hitting bids. Once again, the small-cap […]

Exclusive-China's AI chipmakers raise prices as high-bandwidth memory shortage bites
Reuters12d agoneutral
Exclusive-China's AI chipmakers raise prices as high-bandwidth memory shortage bites

Sept 10 () - Chinese AI chipmakers including Huawei Technologies and Cambricon have sharply raised prices for current and next-generation AI processors, three people familiar with the matter said, as soaring costs for high-bandwidth memory squeeze efforts to build domestic alternatives to Nvidia. Huawei ‌has lifted the indicated price of its Ascend 950DT accelerator card, which integrates an AI processor with memory and other components, to ‌above 250,000 yuan ($37,255), two people said.

Nvidia plans major expansion of data centre capacity in Australia to meet AI demand
Reuters12d agoneutral
Nvidia plans major expansion of data centre capacity in Australia to meet AI demand

SYDNEY, Sept 10 () - Nvidia said on Thursday it was planning an expansion of data ‌centre computing capacity in Australia that would ‌more than double the nation's current load through partnerships with ​local firms. The chip company said it was working with Australian cloud and data centre firms including Firmus, CDC, NEXTDC and AirTrunk, targeting a buildout of up ‌to 2 gigawatts ⁠of AI-related capacity by 2027.

US DOJ probes Nvidia's licensing deal with AI startup Groq, NYT reports
Reuters12d agobearish
US DOJ probes Nvidia's licensing deal with AI startup Groq, NYT reports

‌Justice Department ‌is investigating whether ​Nvidia tried to skirt antitrust scrutiny of ‌the ⁠chipmaker's licensing deal last ⁠year with AI ​chip ​startup ​Groq, The ‌New York Times reported on Wednesday, citing two people ‌familiar with ​the ​matter. ​could ‌not immediately verify ​the ​report.

Forkast News12d agoneutral
Three Labs, Three Exit Strategies, Three Capital Philosophies — The AI IPO Wave Is Not One Story

Anthropic’s decision to abandon its roughly $6 billion acquisition of Decart in early September serves as a clear indicator of the current climate in the artificial intelligence sector. Rather than a simple failed negotiation, the move highlights a strategic pivot: frontier labs are prioritizing operational simplicity over rapid capability expansion as they prepare for public […]

The U.S.-China Worry List: Here’s What Could Rattle the Fragile Detente
Barrons.com13d agoneutral
The U.S.-China Worry List: Here’s What Could Rattle the Fragile Detente

Chinese leader Xi Jinping and President Donald Trump are set to meet later this month in yet another bid to stabilize the relationship—and extend a a truce struck last fall. The planned Sept. 24 meeting in Washington D.C., which Beijing has still yet to confirm, will mark Xi’s first trip to the capitol in more than a decade. It follows Trump’s trip to Beijing last May, when the two dialed down tensions following months of tariff threats and, among other things, export restrictions.