The retail pricing for Amazon Web Services-designed Graviton 4 processors may not follow the traditional trend of lower costs per unit of performance with each successive generation of processors. Graviton 4-based instances are now generally available, offering faster, better, and more cores with dual-socket NUMA memory pooling. The chip runs at 2.8GHz and features significant … Read more
Oracle has announced that Palantir’s Foundry Platform and Artificial Intelligence Platform (AIP) will now be available in all of its distributed cloud deployment options, including Oracle Cloud Infrastructure (OCI). This move is seen as a significant step for both companies in expanding their dominance in artificial intelligence. Palantir’s stock has been on the rise, with … Read more
US stocks saw an increase on Tuesday as investors anticipated Federal Reserve Chairman Jerome Powell’s two-day testimony before Congress. Some of the notable premarket moves in US stocks included Intel, Nvidia, and Wonderful rising due to the popularity of AI-linked stocks. Amazon also saw a slight increase after announcing a new Echo Spot alarm clock. … Read more
Concerns about a potential US ban of TikTok by ByteDance briefly impacted Oracle shares last month, but the stock has since recovered. Analysts believe that even if a ban were to occur, it would not significantly impact Oracle’s revenue. Oracle’s focus on cloud infrastructure services related to generative AI is expected to offset any negative … Read more
IBM is set to report its second-quarter 2024 results, with revenue expected to decline to around $14.6 billion, down 6.6% from last year. Software sales, led by Red Hat, are expected to drive performance, along with the growing demand for artificial intelligence solutions. IBM’s infrastructure business may face some challenges, but the company is focusing … Read more
According to a report from BrandZ by Kantar for 2024, AMD has surpassed Intel in terms of brand awareness, while NVIDIA has seen significant growth and ranks in the top 10. AMD’s brand recognition has increased due to its advancements in the AI industry, particularly in professional sectors. Their Instinct line of AI accelerators has … Read more
:max_bytes(150000):strip_icc()/GettyImages-2147877301-b0715aed99d843fba39eee9f8b4572b1.jpg?w=1500&resize=1500,1000&ssl=1 "Potential for Growth: AI Laggard Stocks Intel and AMD Could See Increase in Second Half")
According to Melius Research, Intel and Advanced Micro Devices (AMD) are predicted to see a rise in the second half of the year after being considered “AI laggards” in the first six months of 2024. The analysts noted a trend from the previous year where underperforming companies in the first half had a recovery in … Read more
Broadcom (AVGO) shares are on the rise ahead of the company’s second-quarter earnings report, which is scheduled to be released after the market closes today. Analyst Christopher Danely from Citi has reiterated his Buy rating and $1,560 price target for Broadcom. The chip sector is closely watched by investors, with focus on Broadcom’s AI revenue … Read more
Oracle’s stock saw a significant increase of 20.5% in June 2024, as reported by S&P Global Market Intelligence. While the company posted mixed results for the fourth quarter, investors were more interested in the news that Oracle’s Cloud Infrastructure Platform (OCI) had secured a major customer in the artificial intelligence field. In the fourth quarter … Read more
Broadcom, a major semiconductor company, has seen its stock price surge by 24% in just one month. With this strong performance, many investors may be wondering how to approach investing in Broadcom before an upcoming stock split. A stock split is when a company divides its existing shares into multiple new shares, effectively lowering the … Read more