Investors are beginning to question whether Wall Street’s AI rally may have become overextended.
Browsing: Nvidia
Intel plans to eliminate thousands of jobs to reduce costs and fund an ambitious turnaround effort.
Amazon is developing its own processors to limit its reliance on costly Nvidia chips – the so-called Nvidia tax.
Meta has debuted a new AI model that CEO Mark Zuckerberg said rivals similar offerings from OpenAI and Google.
AMD will acquire Silo AI for $665-million as it tries to enhance its AI chip capabilities against Nvidia.
TSMC’s shares jumped as much as 4.5% in Taipei on Monday, extending its rally this year to more than 75%.
The resistance to the G42-Microsoft deal could hinder US efforts to help American companies grab a global lead in AI.
A US stock rally supercharged by excitement over AI is drawing comparisons with the dot-com bubble two decades ago.
Pinnacle is fully committed to being at the forefront of the artificial intelligence revolution, writes CEO Tim Humphreys-Davies.
The first half of 2024 has been another whirlwind in world markets, with key indices lifted by the relentless rise of Nvidia.