Nvidia, Microsoft, and Apple are vying for the title of the most valuable company in the world as investors focus on the future of AI. State Street’s Technology Select Sector SPDR ETF, worth close to $80 billion, is preparing for a significant rebalancing. Nvidia recently surpassed Microsoft as the world’s most valuable company, with both … Read more
This week, Nvidia, Microsoft, and Apple are competing for the title of most valuable company in the world as investors focus on the future of AI. The largest technology exchange-traded fund, State Street’s Technology Select Sector SPDR, with assets close to $80 billion, is gearing up for a significant rebalancing. Nvidia recently surpassed Microsoft as … Read more
AMD’s Instinct GPUs have driven NVIDIA to accelerate its AI roadmap, and the red team plans to stay competitive in the future. In an interview, Forrest Norrod from AMD’s Data Center Solutions Business Group discusses the fast-paced evolution of the AI segment and how AMD’s commitment to innovation in both silicon and software is meeting … Read more
Analyst shares optimistic outlook for Broadcom Inc’s potential to dominate the $30 billion custom chip market. Article Source https://www.insidermonkey.com/blog/analyst-thinks-broadcom-inc-nasdaqavgo-can-dominate-30-billion-custom-chip-market-1315213/?amp=1
The global Cloud Analytics Market is expected to experience significant growth over the next few years, expanding from $35.7 billion in 2024 to $118.5 billion in 2029 at a CAGR of 27.1%. Cloud analytics involves utilizing business intelligence or data analysis within a cloud environment, eliminating the need for local data storage and computing infrastructure. … Read more
Nvidia CEO Jensen Huang is set to report the company’s second-quarter results as demand for processors powering generative AI continues to rise. Bank of America remains optimistic about Nvidia’s future, reiterating its $1,500 price target and predicting another 24% upside for the stock. The bank believes Nvidia will continue to dominate the computer market in … Read more
Former Cisco CEO John Chambers believes that artificial intelligence will be the driving force behind the stock market in the next decade. He mentions that AI will determine the success of technology-related stocks and predicts that AI stocks will outperform non-AI stocks in terms of profitability. Chambers mentioned that investing in an AI stock portfolio … Read more
Oracle has unveiled its new AI-powered database, Oracle Database 23ai, which incorporates vector search and emphasizes AI in its name. The company aims to persuade business leaders to move away from purchasing single-function databases and opt for their all-in-one solution to meet data management needs in the AI era. In the highly competitive data management … Read more
Nvidia is poised to make significant gains in the CPU market by capitalizing on the increasing memory demands of “PC AI.” With a focus on high-performance computing and AI applications, Nvidia’s strategy could challenge the dominance of traditional CPU vendors like Intel. The company’s expertise in graphics processing and advanced technologies positions them as a … Read more
Asian markets may face a mixed open on Thursday as concerns grow over potential interest rate cuts in the United States and abroad, while positive earnings from technology giant Nvidia could provide a boost to profits. Nvidia’s shares rose after-hours following better-than-expected first-quarter results and a forward stock split announcement. Investors will be closely watching … Read more