Intel (INTC) is under close scrutiny by Zacks.com visitors and it is important to consider various factors that may impact the stock’s performance in the near future. In the past month, Intel’s stock has returned +4.2%, slightly outperforming the Zacks S&P 500 Composite Index which returned +4.1%. The Zacks Semiconductor – General Index, which includes … Read more
Broadcom is facing backlash over its licensing practices, with EU trade groups demanding an investigation into alleged price gouging and unfair software licensing terms. Despite revisions to its cloud licensing practices, critics argue that the changes do not adequately address their concerns. The trade body CISPE, along with other organizations, have criticized Broadcom for significant … Read more
Amazon is making a massive investment of over 100 billion dollars in data centers over the next decade to meet the increasing demand for artificial intelligence (AI). The company believes that AI will drive demand for cloud services, which provide the computing power needed for AI applications. Amazon expects AI to bring in tens of … Read more
RedStone, a leading modular oracle, has successfully closed a $15 million Series A round, with Arrington Capital leading the investment. The funding round also saw participation from several prominent firms such as SevenX, IOSG Ventures, and Spartan Capital. This Series A round marks a significant milestone for RedStone, building on its earlier successes and fueling … Read more
In a race to expand cloud data centers, AWS is investing over $50 billion in US-based projects, with additional plans for sites in Taiwan, Japan, Singapore, and Germany. The rise in generative AI workloads is fueling the expansion, meeting the growing demand for cloud services as enterprises shift to a services-based IT model. With projections … Read more
Nvidia (NVDA) stock has declined by 9% in the last five trading days, impacting high-tech indices like ^DJI, ^IXIC, and ^GSPC. Commonwealth Financial Network CIO Brad McMillan discusses recent trends in the technology sector and major chip players. While Nvidia remains dominant in the artificial intelligence market, McMillan sees opportunities in other companies in the … Read more
Small and medium-sized businesses (SMEs) are key players in innovation, always seeking ways to stand out in competitive markets. The rising interest in AI, particularly Generative AI, has caught the attention of SMBs looking for tools like chatbots and coding buddies to boost productivity and stay ahead. However, for AI solutions to be effective, quality … Read more
There is a growing disparity between the salaries of CEOs and workers, with CEO pay increasing significantly while worker pay remains relatively stagnant. This divide has widened once again, sparking concerns about income inequality and fair compensation. The gap between top executives and the average worker has been a longstanding issue, but recent data shows … Read more
China is making moves to bolster its domestic semiconductor industry by creating the largest semiconductor investment fund in its history, called Gran Fondo III. This fund has raised 344 billion yuan (about $48 billion) from the Chinese central government, banks, and state-owned enterprises. The goal is to circumvent the US government’s ban on chips from … Read more
Smart Arm chips are making their way to Windows PCs, posing a threat to Intel’s market dominance. Intel recently launched its Core Ultra laptop CPUs, code-named Meteor Lake, which introduced several significant changes. These chips feature a disaggregated architecture, an integrated AI processor, and advanced packaging technology. However, Intel now faces competition from Qualcomm’s Arm-based … Read more