The new Copilot+ PCs powered by Qualcomm Snapdragon X Elite and X Plus processors are impressing users with their performance and efficiency. These laptops boast a powerful NPU with 45TOPS performance. However, Intel and AMD recently announced their next-generation processors with even more powerful NPUs, reaching up to 50TOPS. Despite this, there may not be … Read more
In a recent video, updates on Micron Technology (MU) were discussed, along with expectations for the next earnings report and the implications for investors in semiconductor stocks, particularly Nvidia (NVDA). As of June 24, 2024, stock prices were analyzed, and the video was released on June 25, 2024. The question of whether to invest $1,000 … Read more
This week is significant for Nvidia and those who invest in semiconductor companies. The Motley Fool reports that Nvidia’s upcoming announcements and developments could have a substantial impact on the market. Investors are keeping a close eye on the company’s progress and potential growth opportunities. This is a key moment for Nvidia and the semiconductor … Read more
Nvidia’s recent stock market value decline has caused concern as the company lost its position as the most valuable stock on Wall Street. Nvidia’s shares fell nearly 13% in just three days, trailing behind Microsoft and Apple in market value. The company’s size has made its stock movements highly influential in the S&P 500 and … Read more
The Cybersecurity and Infrastructure Security Agency (CISA) is warning Google Pixel phone users to update their devices due to a serious security issue identified as CVE-2024-32896. This vulnerability could potentially allow attackers to access personal information stored on the device. The US government has instructed its employees with Google Pixel phones to update their devices … Read more
U.S. stock index futures were relatively flat on Monday as technology stocks, particularly Nvidia, saw widespread selling. Wall Street indices were impacted by losses in chip manufacturing stocks, with Nvidia falling 6.7% and other companies like Broadcom, Taiwan Semiconductor Manufacturing, and Qualcomm also seeing declines. Micron Technology fell ahead of its quarterly results release. Technology … Read more
Pomerantz LLP, a law firm, has filed a class action lawsuit against Intel Corporation, alleging securities fraud. Investors who purchased Intel securities during a specific period have until July 2, 2024, to request to be the lead plaintiff for the class. The lawsuit stems from Intel’s revelation of a $7 billion operating loss in its … Read more
McDonald’s is ending its test of AI-powered voice ordering at 100 drive-thru locations following viral videos of order mix-ups. The fast food chain partnered with IBM in 2021 for the system, but after a review, they have decided to retire it. Despite this, McDonald’s stated that they will continue to use IBM products, and AI … Read more
In San Diego on June 20, 2024, a shareholder filed a class action lawsuit against Intel Corporation (NASDAQ: INTC), alleging that the company misrepresented its business prospects. The lawsuit claims that Intel announced a shift to an internal foundry model in October 2022, promising cost-saving and margin-improving benefits. However, in April 2024, Intel disclosed operating … Read more
Today, the stock market is reacting to the latest employment data, particularly the ADP employment report. Investors are eagerly awaiting the May jobs report, which will be released before the market opens on Friday. Hewlett Packard Enterprise (HPE) shares are seeing an uptick after the company reported second-quarter earnings and revenue that beat analyst expectations. … Read more