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Taiwan Semiconductor Joins The Trillion Dollar Club, Surpassing Tesla: Report
Thursday, July 11, 2024 - 11:21am | 504Read More...Taiwan Semiconductor Manufacturing Co (NYSE:TSM) joined the club of the world’s most valuable companies, further demonstrating the impact of the generative artificial intelligence (AI) revolution on Wall Street. On Monday, Taiwan Semiconductor, listed in Taipei and New York, briefly surpassed...
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AMD Challenges Nvidia With Strategic $665M Purchase Of Finnish AI Lab
Thursday, July 11, 2024 - 6:44am | 537Read More...Advanced Micro Devices, Inc (NASDAQ:AMD) announced its plan to acquire Finnish AI start-up Silo AI for $665 million, marking one of the largest AI takeovers in Europe. This acquisition aims to bolster AMD’s AI services to compete with market leader Nvidia Corp (NASDAQ:NVDA). The acquisition...
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What's Going On With Nvidia, AMD Stocks On Wednesday?
Wednesday, July 10, 2024 - 1:07pm | 477Read More...Artificial intelligence chip stocks led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) are trading higher Wednesday after leading contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported June revenue growth of 33% year-on-year. The preliminary second-...
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Nvidia Absent At China's AI Show, Chinese GPU Makers Step Up: Report
Wednesday, July 10, 2024 - 9:43am | 465Read More...Nvidia Corp (NASDAQ:NVDA) was absent at China’s largest AI show, but its presence was felt as Chinese GPU developers seized the opportunity to promote their products as a comparison. At the World Artificial Intelligence Conference in Shanghai, companies like Huawei Technologies, Tencent...
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Baidu's Market Value Propels As Robotaxi Apollo Go Soars In Popularity
Wednesday, July 10, 2024 - 9:12am | 653Read More...Baidu Inc (NASDAQ:BIDU) saw its shares surge by the most in over a year, driven by growing interest in its Apollo Go robotaxi service in China. Baidu’s stock climbed as much as 13% in Hong Kong, following an 8.5% rise in the U.S. on Tuesday. The stock is trading higher Wednesday. Traders are...
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What's Going On With Taiwan Semiconductor Stock On Wednesday?
Wednesday, July 10, 2024 - 9:01am | 509Read More...Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported significant growth in second-quarter revenue on Wednesday, surpassing market forecasts due to the booming demand for artificial intelligence (AI) applications. Taiwan Semiconductor, which counts Apple Inc (NASDAQ:AAPL) and Nvidia Corp (...
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Beaten Down Stock Dollar General Overhauls Supply Chain To Boost Margins: Report
Wednesday, July 10, 2024 - 8:44am | 468Read More...Dollar General Corp (NYSE:DG) reportedly aims to reduce the variety of products it carries and control the quantity reaching its shelves as part of a broader strategy to enhance efficiency and reduce theft across its more than 20,000 stores. Goodlettsville, Tennessee-based Dollar General is...
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Avoiding Nvidia Causes Fundsmith Equity To Lag Behind Benchmark In First Half
Tuesday, July 9, 2024 - 1:42pm | 440Read More...Nvidia Corp (NASDAQ:NVDA) has been the subject of significant debate among investment managers, as highlighted by Terry Smith’s recent comments on his decision to avoid the tech giant. Smith’s global fund, Fundsmith Equity, lagged behind its benchmark in the first half of the year,...
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What's Going On With Chinese AI Stocks Alibaba, Baidu On Tuesday?
Tuesday, July 9, 2024 - 9:18am | 550Read More...Alibaba Group Holding (NYSE:BABA), Baidu Inc (NASDAQ:BIDU), and other peers are amid a price war as they slash the prices of their latest AI models to compete with China’s domestic AI startups. As Chinese artificial intelligence startups, like Baichuan AI, race to secure customers, they face...
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What's Going On With Nvidia And AMD Stocks On Monday?
Monday, July 8, 2024 - 11:32am | 432Read More...Nvidia Corp (NASDAQ:NVDA) and peer stocks, including Advanced Micro Devices, Inc (NASDAQ:AMD), are trading higher on Monday, demonstrating the continued artificial intelligence frenzy. UBS analyst Timothy Arcuri maintained Nvidia with a Buy and raised the price target from $120 to $...
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What's Going On With Intel Stock On Monday?
Monday, July 8, 2024 - 9:47am | 533Read More...Intel Corp (NASDAQ:INTC) has bypassed Vietnam for a substantial investment project, citing insufficient investment incentives. The stock is trading higher on Monday. The U.S. chipmaker had proposed a $3.3 billion project and requested 15% “cash support” from the Vietnamese government....
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China's AI Leaders Alibaba and SenseTime Showcase Breakthroughs at Shanghai Conference
Monday, July 8, 2024 - 7:44am | 364Read More...Alibaba Group Holding Limited (NYSE:BABA) and SenseTime highlighted significant progress in artificial intelligence at the World Artificial Intelligence Conference (WAIC) in Shanghai, signaling intense competition in China’s AI market. SenseTime unveiled updated versions of its SenseNova...
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What's Going On With Taiwan Semiconductor Stock On Friday?
Friday, July 5, 2024 - 12:15pm | 504Read More...Taiwan Semiconductor Manufacturing Co (NYSE:TSM) saw its shares rise to a record on Thursday in the Taiwan Stock Exchange. The rally boosted Taiwan Semiconductor’s market capitalization to over $946 billion in the U.S. stock exchange as of Friday. Investors are optimistic that Taiwan...
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Activist Investor Takes Stake In Sports Medicine Player Smith & Nephew, Shares Surge
Friday, July 5, 2024 - 9:35am | 506Read More...Shares of Smith & Nephew Plc (NYSE:SNN) are trading higher on Friday. Smith+Nephew offers a medical technology portfolio across orthopedics, sports medicine, ENT, and advanced wound management. In an SEC filing, Smith & Nephew reported that an activist investor, Cevian Capital, had taken a...
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What's Going On With Chinese AI Stocks Alibaba, Baidu, JD On Friday?
Friday, July 5, 2024 - 8:04am | 478Read More...Chinese tech stocks, including Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc (NASDAQ:BIDU), and JD.Com, Inc (NASDAQ:JD), are trading lower Friday after Baidu intensified domestic artificial intelligence rivalry with the latest price war. Baidu launched its latest large language model,...















