AI Chips

The Biden administration is proposing measures aimed at limiting China’s ability to use an advanced chip architecture known as gate all-around (GAA). Bloomberg, which broke the story citing anonymous sources, did not mention what those potential measures entail. The timing of any final...

Nvidia has now overtaken Apple to become the second most valuable public U.S. company, with a market capitalization reaching $3.01 trillion. Apple has encountered a decrease in sales, particularly of iPhones. Nvidia plans to implement a 10-1 stock split on June 10. NVIDIA Corp (NASDAQ: NVDA) has...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk made headlines on Tuesday when a report surfaced about him redirecting thousands of Nvidia Corporation (NASDAQ:NVDA) chips, initially reserved for the EV giant to X, formerly Twitter, and xAI. The tech billionaire has responded with an explanation for his...

Apple Inc. (NASDAQ:AAPL) is reportedly working on its own artificial intelligence chips for data centers, a move that could potentially disrupt the market. However, the project’s future is still uncertain. What Happened: The project, codenamed ACDC, is an extension of Apple’s...

Investors anticipate a potential further drop in Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) stock, which has plummeted over 13% in the past six days. What Happened: The chipmaker’s stock has been on a downward spiral since its April 11 earnings call, where it revised its...

Meta Platforms Inc. (NASDAQ:META) has just revealed its next-generation AI chip, the MTIA, which is designed to compete with Nvidia Corporation’s (NASDAQ:NVDA) AI chips in the cloud business. What Happened: On Wednesday, Meta introduced the company’s next-generation...

Goldman Sachs has made a bold prediction following the launch of NVIDIA Corp’s (NASDAQ:NVDA) latest artificial intelligence chips. The investment bank expects significant growth for the memory chips used in AI systems, which could potentially benefit three major memory chip manufacturers....

SoftBank Group Corp. (OTC:SFTBF) founder, Masayoshi Son, is planning to raise $100 billion for a new chip venture targeting the AI market. This venture could potentially pose a challenge to Nvidia Corp. and also comes at a time when OpenAI CEO Sam Altman has set an ambitious $7 trillion AI...

Meta is making a significant investment in Nvidia's AI chips, a move that positions Nvidia as a leading player in AI chip production. These sought-after H100 graphics cards from Nvidia, essential for advanced AI algorithm development and implementation, come with a high price tag. Nvidia's...

Jensen Huang-led Nvidia Corp. (NASDAQ:NVDA) has emerged as one of the top gainers of the AI revolution, with its GPUs being in high demand. It has also left behind rival Intel Corp. (NASDAQ:INTC), both in terms of market capitalization as well as stock price gains in 2023, riding the AI wave. While...

According to analysts, Nvidia Corporation (NASDAQ: NVDA) controls roughly 80% of the AI chip market, when including the custom processors built by companies such as Alphabet (NASDAQ: GOOG)-owned Google and Microsoft Corporation (NASDAQ: MSFT). While...

Amazon has announced its new artificial intelligence chip, Trainium2, marking a significant step in its bid to compete with Microsoft. Trainium2, designed for AI system training. The release of Trainium2 closely follows Microsoft's introduction of its AI chip, Maia. Despite Amazon's...

Last week, Nvidia Corporation (NASDAQ: NVDA) reported staggering third-quarter results. Despite its reliance on Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), Nvidia’s Data Center division drove this impressive growth, allowing the company to outshine its...

Wedbush has raised the stock price target for Microsoft Corporation (NASDAQ:MSFT) to $425, following significant progress in the company’s artificial intelligence division.  What Happened: On Wednesday, Wedbush’s Dan Ives took to X (formerly...

Chinese President Xi Jinping addressed the Belt and Road Initiative (BRI) Summit on Wednesday, emphasizing the progress made by the initiative and calling for mutual respect among nations. What Happened: Xi used his speech to subtly criticize the United States without explicitly...