This record stock market is riding on questionable AI assumptions
9 months, 3 weeks ago

This record stock market is riding on questionable AI assumptions

Live Mint  

Remember all the bulls earlier this year getting excited that the rally was broadening out beyond the “Magnificent Seven” stocks, and how wider gains were a sign that the market’s rise was sustainable? AI has had an astounding run since OpenAI unveiled ChatGPT to the world in late 2022, and Nvidia has been the biggest winner as everyone races to buy its microchips. Nvidia’s profits are rising about as fast as its share price, so if there is a bubble, it’s a bubble in demand for chips, not a pure stock bubble. The International Monetary Fund says AI will “transform the economy.” President Biden says AI is “the most consequential technology of our time.” And leading suppliers of AI—including the chief executive of OpenAI—said in a joint letter that “Mitigating the risk of extinction from AI should be a global priority.” Yet, large language models remain limited.

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History of this topic

What the dot-com bust can tell us about today’s AI boom
2 weeks, 1 day ago

What the dot-com bust can tell us about today’s AI boom

Live Mint  

Twenty-five years ago this week, the Nasdaq Composite Index hit its dot-com-era peak after soaring more than 500% in five years. And investors are racing to give the companies still more money at ever-higher prices to build even bigger clusters of AI chips to fill out new, cavernous data centers. That is opposed to “bad bubbles" in which people speculate …

Investors are in a bad mood. This time, they might be right.
2 weeks, 3 days ago

Investors are in a bad mood. This time, they might be right.

Live Mint  

A Friday rally can’t hide the fact that the stock market is stuck in an ominous pattern—and it’s not clear what will shake it out. The word “uncertainty" came up 47 times this week in the Federal Reserve’s latest Beige Book, which gathers evidence on economic conditions around the country—about three times as often as it was mentioned in January. …

Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters
Trending News
3 weeks, 5 days ago

Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters

Associated Press  

NEW YORK — U.S. stock indexes fell sharply Thursday as Wall Street’s frenzy around artificial-intelligence technology faltered some more. Concerns about the U.S. economy’s future have been behind much of the drop, including worries about how tariffs pushed by President Donald Trump could worsen inflation, and Wall Street’s main measure of health has lost all but 1.4% of its rally …

Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters
Trending News
3 weeks, 5 days ago

Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters

LA Times  

The New York Stock Exchange is seen in New York on Wednesday. U.S. stock indexes fell sharply Thursday as Wall Street’s frenzy around artificial-intelligence technology faltered some more. Concerns about the U.S. economy’s future have been behind much of the drop, including worries about how tariffs pushed by President Trump could worsen inflation, and Wall Street’s main measure of health …

Nvidia sales surge in the fourth quarter on demand for AI chips
Trending News
3 weeks, 6 days ago

Nvidia sales surge in the fourth quarter on demand for AI chips

Associated Press  

LOS ANGELES — Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which power artificial intelligence systems continued to grow. “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter,” Nvidia …

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
3 weeks, 6 days ago

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters

CNN  

New York CNN — Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. Expectations were heightened heading into Wednesday’s report given Nvidia’s role as a barometer of the broader tech …

Nvidia has leapt back into the AI game as panic over DeepSeek ebbs
1 month ago

Nvidia has leapt back into the AI game as panic over DeepSeek ebbs

Live Mint  

The Great DeepSeek Panic of January 2025 is officially over. Notably, the not-so-secret ingredient for Grok-3’s progress— which, as Ben Thompson notes in Stratechery, comes just 19 months after a standing start—was xAI’s enormous stockpile of Nvidia chips. But what DeepSeek wasn’t, it turns out, was a threat to the status quo of AI companies spending as much money on …

Nvidia stock crash: How a Brooklyn-based blogger fueled the AI giant’s $600 bn market collapse; Here’s what report says
1 month, 3 weeks ago

Nvidia stock crash: How a Brooklyn-based blogger fueled the AI giant’s $600 bn market collapse; Here’s what report says

Live Mint  

A Brooklyn-based social media blogger, Jeffrey Emanuel, on January 25, 2025, wrote a nearly 12,000-word blog post making a case for shorting one of the top chipmaking AI companies in the world, Nvidia Corp., reported the news portal MarketWatch. The blogger also cited that the Chinese AI platform DeepSeek did in a much cheaper way what big tech companies like …

AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips
1 month, 3 weeks ago

AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips

Live Mint  

By Arsheeya Bajwa - AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech's shift to custom silicon raises doubts about its place in the AI infrastructure race. Analysts expect AMD's December-quarter revenue to surge over 22% to $7.53 billion, but the company's growth prospects are shadowed by the …

DeepSeek damage: On Jan 27, Nvidia lost combined networth of Starbucks, PepsiCo, McDonald's and Target
1 month, 3 weeks ago

DeepSeek damage: On Jan 27, Nvidia lost combined networth of Starbucks, PepsiCo, McDonald's and Target

Firstpost  

The steep drop followed a big development from a Chinese startup, DeepSeek. It announced it had created a large-language model capable of matching ChatGPT and other US rivals while using significantly less computing power DeepSeek's claims of having developed an AI for a fraction of the cost it has taken for Western developers had led to chipmaker Nvidia's stock registering …

‘People don’t know what they own’: Experts explain DeepSeek-related record sell-off after Nvidia shares rise
1 month, 3 weeks ago

‘People don’t know what they own’: Experts explain DeepSeek-related record sell-off after Nvidia shares rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. For additional context, including this week’s drop, Nvidia shares …

DeepSeek’s deeper impact could be good for some hard-hit stocks
Top News
1 month, 3 weeks ago

DeepSeek’s deeper impact could be good for some hard-hit stocks

Live Mint  

A Chinese artificial intelligence upstart has sent highflying technology stocks into a tailspin. Taiwan Semiconductor Manufacturing, or TSMC, which produces Nvidia’s chips, wasn’t spared either—its American depositary receipts fell 13%. Investors were spooked by DeepSeek’s claim that it could build AI models rivaling OpenAI and a competitor from Alphabet at a fraction of the cost. If AI models become efficient …

DeepSeek won’t sink US AI titans
1 month, 3 weeks ago

DeepSeek won’t sink US AI titans

Live Mint  

Nvidia’s market value surged because of explosive demand for AI chips and services, but the company’s shares fell sharply in a chip-sector selloff on Monday. “The ‘DeepSeek’ moment is driving investors to shoot first and ask questions later," wrote Joshua Buchalter of TD Cowen. “While DeepSeek’s achievement could be groundbreaking, we question the notion that its feats were done without …

Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors
1 month, 3 weeks ago

Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors

Live Mint  

Wall Street Today: US stocks dropped sharply on Monday, January 27, led by technology shares, after surging interest in Chinese startup DeepSeek's low-cost artificial intelligence model rattled Silicon Valley. Here are five key factors that weigh on the US stock market sentiment: 1.China's AI powerhouse DeepSeek rattles Silicon Valley DeepSeek’s app had already hit the top of Apple’s App Store …

Nvidia stock plummets 17%, selloff on Wall Street after low-cost Chinese AI DeepSeek
1 month, 3 weeks ago

Nvidia stock plummets 17%, selloff on Wall Street after low-cost Chinese AI DeepSeek

Live Mint  

Wall Street stocks declined sharply on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chip giant Nvidia and other Big Tech companies. ET, the Dow Jones Industrial Average fell 43.01 points, or 0.10 per cent, to 44,381.24, the S&P 500 lost 107.59 points, or 1.76 per cent, to 5,993.65 and the Nasdaq …

Nvidia stock plummets 17%, selloff on Wall Street after low-cost Chinese AI DeepSeek
1 month, 3 weeks ago

Nvidia stock plummets 17%, selloff on Wall Street after low-cost Chinese AI DeepSeek

Live Mint  

Wall Street stocks declined sharply on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chip giant Nvidia and other Big Tech companies. Among the Big Tech stocks, Microsoft, Meta Platforms and Google-parent Alphabet lost between 2.2 per cent and 3.5 per cent, while AI server makers Dell Technologies and Super Micro Computer …

Stock market hemorrhages $1TRILLION as Nasdaq drops 3% on fears China is winning AI arms race
1 month, 3 weeks ago

Stock market hemorrhages $1TRILLION as Nasdaq drops 3% on fears China is winning AI arms race

Daily Mail  

Wall Street indexes sank 3 percent on Monday morning after a Chinese artificial intelligence startup triggered fears America's top tech stocks are overvalued. Investors dumped around $1 trillion of technology stocks in premarket trading sending the S&P 500 1.7 percent lower as markets opened at 9:30am. Chipmaker Nvidia, which has benefitted from the AI frenzy over the last eighteen months, …

Chipmakers including Nvidia suffer declines after exhibit from China’s DeepSeek AI technology
1 month, 3 weeks ago

Chipmakers including Nvidia suffer declines after exhibit from China’s DeepSeek AI technology

Associated Press  

NEW YORK — Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on. DeepSeek had already hit the top of the chart for free apps on Apple’s App Store by Monday morning, and analysts said such a feat would be particularly impressive given how the U.S. government has restricted Chinese …

DeepSeek's 'Sputnik Moment' sends Nvidia and AI giants reeling amid cost revolution
1 month, 3 weeks ago

DeepSeek's 'Sputnik Moment' sends Nvidia and AI giants reeling amid cost revolution

India Today  

Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on Western companies' dominance in this sector. Startup DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of incumbent players' models, possibly marking a turning …

Nvidia's market value gets $2 trillion boost in 2024 on AI rally
2 months, 3 weeks ago

Nvidia's market value gets $2 trillion boost in 2024 on AI rally

The Hindu  

Nvidia emerged as the biggest global gainer in market capitalisation for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. At …

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
2 months, 3 weeks ago

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally

Live Mint  

- Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. …

Broadcom’s AI success won’t all come at Nvidia’s expense
3 months, 1 week ago

Broadcom’s AI success won’t all come at Nvidia’s expense

Live Mint  

There’s a new trillion-dollar AI chip maker in town. Broadcom’s fiscal fourth-quarter report last week included a long-term forecast for its artificial-intelligence business that has lighted up its stock price and pushed the company’s market capitalization past $1 trillion. It also appears to have done the opposite for Nvidia: The AI chip titan’s stock has shed about 4% over the …

Five semiconductor stocks that could benefit from huge AI chip demand
3 months, 1 week ago

Five semiconductor stocks that could benefit from huge AI chip demand

Live Mint  

The semiconductor industry is undergoing rapid evolution, fuelled by the soaring demand for artificial intelligence chips and their role in driving advanced technologies. HCL Tech is at the forefront of securing deals in growth segments like semiconductor design and AI. In the latest quarter, a US-based financial services and insurance firm selected HCL Tech to modernize its data insights for …

Stock market today: Tech stocks and AI pull Wall Street to more records
3 months, 3 weeks ago

Stock market today: Tech stocks and AI pull Wall Street to more records

Associated Press  

NEW YORK — U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom. AP AUDIO: Stock market today: Tech stocks and AI pull Wall Street toward more records The stock market is in line to set more records. The central bank had appeared set to continue …

Tech stocks and AI lift Wall Street to more records
3 months, 3 weeks ago

Tech stocks and AI lift Wall Street to more records

LA Times  

The Standard & Poor’s 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. The central bank had appeared set to continue cutting rates into …

Nvidia Says New Chip Remains on Track, Helping Soothe Investors
4 months ago

Nvidia Says New Chip Remains on Track, Helping Soothe Investors

Live Mint  

-- Nvidia Corp. assured investors that its new product lineup will continue to fuel an artificial intelligence-driven growth run, while also signaling that the rush to get chips out the door is proving costlier than expected. Speaking after the release of quarterly results, Chief Executive Officer Jensen Huang said that Nvidia’s highly anticipated Blackwell products will ship this quarter amid …

Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations
4 months ago

Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations

Live Mint  

Nvidia Q3 Results: Nvidia delivered blockbuster third-quarter results on Wednesday, with revenue nearly doubling amid unrelenting demand for its artificial intelligence chips. The company posted revenue of $35.08 billion for the quarter ending October 27, a staggering 94 per cent increase from $18.12 billion in the same period last year. “The guidance seems to show lower growth, but this may …

Nvidia Says New Chip Remains on Track After Forecast Disappoints
Trending News
4 months ago

Nvidia Says New Chip Remains on Track After Forecast Disappoints

Live Mint  

-- Nvidia Corp. assured investors that its new product lineup can maintain the company’s AI-fueled growth run, though the rush to get the chips out the door is proving more costly than expected. Speaking after the release of quarterly results, Chief Executive Officer Jensen Huang said that Nvidia’s highly anticipated Blackwell products will ship this quarter amid “very strong” demand. …

Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body
4 months, 2 weeks ago

Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body

Live Mint  

One of the memorable moments of Nvidia Corp’s most recent conference for developers came towards the end of the chip giant’s semi-annual event. Having captured one of the most lucrative markets in recent times for chips that can train and run Generative AI systems, Huang has been talking up three other areas he’s now eyeing for growth: autonomous vehicles, quantum …

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector
4 months, 2 weeks ago

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector

Firstpost  

The buzz around NVIDIA isn’t just politics. The company has become a major player in the US stock market’s tech rally, driven by a fierce competition among Microsoft, Alphabet, and others in the race to dominate artificial intelligence The AI chip giant saw its stock jump by 2.2 per cent, a bump that propelled NVIDIA's market capitalisation to $3.65 trillion, …

Most wanted stocks of 2024: Fund managers bullish on these 3 AI companies
4 months, 2 weeks ago

Most wanted stocks of 2024: Fund managers bullish on these 3 AI companies

Live Mint  

Artificial Intelligence stocks are capturing significant attention in global markets, underscoring the technology's rising importance across diverse industries. As of September 2024, ICICI Prudential’s Retirement Fund Pure Equity Plan holds a 2.8% stake, while Tata Retirement Savings Fund holds 2%, making them the top mutual fund holders in the stock. Additionally, Mastek's cloud-native platform, icxPro, has recently partnered with NVIDIA …

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster
4 months, 3 weeks ago

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster

Live Mint  

The article explores the hyperconcentration of the semiconductor industry, with a focus on the impact of Nvidia's dominance on the market. Despite Nvidia's significant revenue growth, the foundries and equipment-makers who design and manufacture chips are left with a much smaller share of the profits. This disparity is attributed to the hyperspecialization of the industry, which has led to a …

Nvidia suffers record $279 billion loss in market value as Wall Street drops
6 months, 3 weeks ago

Nvidia suffers record $279 billion loss in market value as Wall Street drops

The Hindu  

Shares of AI heavyweight Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data. Nvidia lost $279 billion in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology that …

The AI bubble may be about to burst and no one will be immune from the financial fallout, writes RUTH SUNDERLAND as Nvidia shares plunge
6 months, 3 weeks ago

The AI bubble may be about to burst and no one will be immune from the financial fallout, writes RUTH SUNDERLAND as Nvidia shares plunge

Daily Mail  

Listening to a chief executive deliver a corporate report on his quarterly earnings is not most people’s idea of a great party. A profile of Ms Balik who asked fellow Nvidia nerds to watch Jensen Huang's announcement together on TV ‘Investors want more, more and more when it comes to Nvidia,’ says Dan Coatsworth of investment platform AJ Bell. As …

Nvidia's forecast dampens AI enthusiasm in other tech stocks
6 months, 3 weeks ago

Nvidia's forecast dampens AI enthusiasm in other tech stocks

The Hindu  

Nvidia dragged technology heavyweights lower after the chip maker's earnings disappointed investors who had been hoping they would fuel fresh gains in Wall Street's most valuable companies, and sent stocks in Asia down on Thursday. Nasdaq futures initially dropped about 1% following Nvidia's quarterly earnings report late Wednesday, suggesting traders expected tech stocks to lose ground. Nvidia dropped almost 7% …

Nvidia can’t escape shadow of AI spending fears
6 months, 3 weeks ago

Nvidia can’t escape shadow of AI spending fears

Live Mint  

Nvidia has made life at the top look easy. Nvidia’s overall top and bottom lines beat Wall Street’s targets, as did the company’s forecast for the current period ending in October. Nvidia’s projected revenue of $32.5 billion for the current quarter ending in October was 2% ahead of Wall Street’s targets; the company’s projection for the same period last year …

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers
6 months, 3 weeks ago

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers

Associated Press  

Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecast s. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. $26.3 billion Nvidia’s revenue from its data center business for the quarter ended July 31, up 154% from a year ago. $32.5 billion Nvidia’s estimate for overall revenue …

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched
6 months, 3 weeks ago

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched

NPR  

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched The chip company Nvidia is the darling of the AI boom. Microsoft, Google, Facebook, Amazon and others are spending billions of dollars on AI, and they've said they expect to spend billions more, which is why analysts like Matt Bryson are so excited about Nvidia. He's an …

Tech bubble fears grow as Nvidia shares slump
6 months, 3 weeks ago

Tech bubble fears grow as Nvidia shares slump

The Telegraph  

Nvidia’s stock dropped sharply last night despite the chipmaker more than doubling sales to a record $30bn in a reaction that will fuel fears of a tech bubble. Jensen Huang, founder and chief executive of the company, said on Wednesday night: “Nvidia achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with …

Sales set to double for chip giant Nvidia as AI frenzy persists
7 months ago

Sales set to double for chip giant Nvidia as AI frenzy persists

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The chip firm, which is currently the world’s second …

Wall Street’s next big test is looming with Nvidia’s profit report
7 months ago

Wall Street’s next big test is looming with Nvidia’s profit report

Associated Press  

NEW YORK — How much hype is left in Nvidia’s stock? Nvidia has ridden Wall Street’s mania around artificial intelligence to become one of the stock market’s most massive companies, with a total value topping $3 trillion. Combined with Nvidia’s big size, the blistering performance meant the chip company accounted for nearly 30% of the S&P 500’s total return for …

Wall Street's next big test is looming with Nvidia's profit report
7 months ago

Wall Street's next big test is looming with Nvidia's profit report

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Anyone with an S&P 500 …

The big risk for the market: Becoming an AI echo chamber
7 months, 1 week ago

The big risk for the market: Becoming an AI echo chamber

Live Mint  

Whatever you think of it, generative artificial intelligence has proven adept at something: generating profits for other AI projects. Digging a bit further into the broad moniker of “AI firms," however, might also help explain the market’s recent concerns. The former group involves “AI implementation" firms that develop tools such as the large language models popularized by OpenAI’s ChatGPT since …

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google
7 months, 3 weeks ago

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google

Hindustan Times  

The violent rotation from Big Tech plunged the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks, as traders unwound bets that had been minting money for over a year. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “This is an amazing about-face, like we’ve crashed into a brick wall,” said Bill Stone, chief …

Could the AI bubble be about to burst?
8 months ago

Could the AI bubble be about to burst?

The Independent  

If you’ve been around markets for any length of time, the herd mentality at play never fails to raise a chuckle. Some facts: the Nasdaq Composite lost 3.6 per cent of its value and the more broadly based S&P 500 fell 2.3 per cent, the worst declines they have posted since 2022. Even the Dow – which is not a …

Get ready for more AI mania this earnings season
8 months, 2 weeks ago

Get ready for more AI mania this earnings season

Live Mint  

Artificial intelligence is about to be the undisputed star of yet another earnings season. This would make it the best quarter for earnings growth since the January-to-March period of 2022, confirming that companies have left behind the period when inflation eroded profit margins. In the second quarter, S&P 500 firms that should benefit directly from the technology are expected to …

Samsung expects profits to jump nearly 15-fold thanks to AI boom
8 months, 2 weeks ago

Samsung expects profits to jump nearly 15-fold thanks to AI boom

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Samsung expects its profits for …

Echoes of dotcom bubble haunt AI-driven US stock market
8 months, 3 weeks ago

Echoes of dotcom bubble haunt AI-driven US stock market

The Hindu  

A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology. A small group of massive tech stocks including AI chipmaker Nvidia symbolize today's market, recalling the "Four Horsemen" of the late 1990s: Cisco, Dell, …

All eyes are on Nvidia’s stock, so what’s been going on?
8 months, 3 weeks ago

All eyes are on Nvidia’s stock, so what’s been going on?

The Hindu  

Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value. Huge demand There’s been nearly insatiable demand for Nvidia’s chips to power artificial intelligence applications and the company has played a big role in the U.S. stock market’s recent record runs even as the economy’s growth slows …

All eyes are on Nvidia’s stock, so what’s been going on?
9 months ago

All eyes are on Nvidia’s stock, so what’s been going on?

Associated Press  

Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value. There’s been nearly insatiable demand for Nvidia’s chips to power artificial intelligence applications and the company has played a big role in the U.S. stock market’s recent record runs even as the economy’s growth slows under the …

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