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Analysts look to ASML Q3 report for benefits of AI spending and data center surge
ASML, one of the world’s top suppliers of advanced chipmaking machines, is set to benefit from a wave of AI data center investments as it prepares to release its third-quarter earnings report on Wedne...
Perplexity CEO Aravind Srinivas admits to going full AI for investor Q&As, pitch decks
Perplexity CEO Aravind Srinivas said that he no longer uses traditional pitch decks for investor presentations. He instead favors AI-generated responses for investor Q&A when raising capital for Perpl...
Qualcomm's CEO talks AI, semiconductor partnerships in India during Modi meeting
Indian Prime Minister Narendra Modi met with Cristiano Amon, the President and CEO of Qualcomm, in New Delhi on Saturday to discuss new partnerships in artificial intelligence, semiconductor productio...
Next-gen GPU from Sony and AMD teases PS6 hardware leap
Sony and AMD have jointly unveiled a new advanced GPU technology as part of their ongoing partnership, Project Amethyst. The showcase hinted at possible hardware upgrades for Sony’s next-generation co...
Senate passes bill Giving US AI chip buyers priority over China
The US Senate approved a bipartisan law late Thursday requiring leading artificial intelligence chipmakers Nvidia Corp. and Advanced Micro Devices Inc. (AMD) to prioritize American customers before fu...
TSMC reports record $32.5B Q3 sales as demand for AI chips remains strong
Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), the world’s largest semiconductor manufacturer, has reported a 30% increase in sales for the third quarter. This upswing in sales has resulted from...
AMD’s deal with OpenAI gives Nvidia much-needed challenger in market it dominates
Nvidia’s grip on the AI chip market just got its first real threat. After ruling over more than 90% of the GPU market used for AI, the company now faces a serious challenger; AMD. On Monday, AMD annou...
AMD's stock surges for second straight day on upbeat analyst outlook and retail mania
AMD stock jumped again Tuesday, rising another 4% in premarket after rallying a ridiculous 24% the day before. That surge came right after the company locked in a major deal with OpenAI, the same day ...
Why an AI ‘land grab’ environment puts stock valuations in a frenzy
More on AI: AIEQ: AI's Unfulfilled Promise Capturing AI's Upside: ARTY's Concentrated Play On Tomorrow's Winners ARTY: A Generational Investing Theme Could AI capex crash the U.S. economy? – TS Lombar...
OpenAI signs over $1T in compute deals to power ChatGPT
OpenAI has signed more than $1 trillion worth of compute deals this year, chasing the infrastructure it says it needs to power services like ChatGPT. But with only $12 billion in revenue, the numbers ...
ChatGPT has officially reached 800 million weekly users, up 60% since March
Sam Altman, the founder of OpenAI, stated that the company’s flagship product, ChatGPT, has recorded an impressive 800 million active users worldwide. Altman revealed the updated metrics during OpenAI...
Paul Tudor Jones: ‘It feels like 1999’ as ingredients are in place for a dot-com bubble environment
More on the markets: The Global Economy Is On A 2-Way Track S&P 500 Rises To Record Highs After U.S. Government Shuts Down Dollar Driven Higher By Japan's LDP Choice And Collapse Of The French Governm...