Semiconductor stocks experienced a rebound today, with companies like Broadcom, Arm Holdings, and Lam Research seeing positive gains. This rise in stock value comes after a period of decline, signaling a potential recovery for the semiconductor industry. Broadcom, a leading semiconductor company known for its diversified product portfolio, saw a significant increase in its stock … Read more
Semiconductor stocks are on the rise thanks to positive news about artificial intelligence (AI) and hopes for a soft economic landing. Industry leaders like Broadcom, Arm, and Lam Research saw their shares increase by 5.2%, 5.3%, and 4.6%, respectively. This growth comes after a stall due to positive inflation reports in April. However, today saw … Read more
Semiconductor stocks, including leaders like Broadcom, Arm, and Lam Research, saw a rise in their prices on Wednesday. This growth comes after a recent stall due to positive inflation reports in April. However, positive news about AI continued to drive the market today, along with a weaker-than-expected May jobs report. This report fueled hopes for … Read more
Hewlett Packard Enterprise (HPE) is transferring its assets to HCL Technologies (HCLTech) in a deal that is set to boost HCLTech’s technological capabilities and competitive edge. The assets being transferred by HPE include innovative intellectual property and technological solutions that are expected to enhance HCLTech’s portfolio. This move is seen as a strategic decision by … Read more
Cisco has recently joined the Chicago Quantum Exchange as a corporate partner to advance research in quantum networking. The collaboration will focus on quantum communications and secure quantum networks through Cisco’s Quantum Lab. By leveraging the Chicago Quantum Network, which is one of the longest quantum networks in the U.S., spanning 124 miles and expanding, … Read more
NASA and IBM have partnered to develop a new artificial intelligence model aimed at improving weather and climate applications. The Privthi-weather-climate foundational model leverages AI technology to enhance resolution in regional and local weather and climate models. By training the model on large unlabeled datasets, such as NASA’s MERRA-2 data, and utilizing AI learning processes, … Read more
IBM Research and NASA have collaborated to create an artificial intelligence model that can assist in detecting and predicting natural disasters and severe weather patterns. This model also aims to improve spatial resolution in global climate simulations and provide targeted forecasts based on localized observations. NASA announced that the AI model, known as the Privthi-weather … Read more
Several semiconductor stocks, like Micron Technology Inc, Broadcom Inc., and Lam Research Corporation, are experiencing an increase in trading on Thursday in response to NVIDIA Corp.’s positive first quarter results presentation. NVIDIA exceeded analyst expectations for the first quarter, reporting revenue of $26.044 billion and earnings of $6.12 per share. The company also provided optimistic … Read more
A recent report highlighted that 40% of IT leaders are most concerned about cybersecurity risks impacting their network strategy in the next year. The report outlined two main strategies being implemented to address this challenge. Firstly, organizations are integrating network and security processes, technologies, and tools, with half of respondents planning to invest in this … Read more
In the latest news in the tech industry, platform integration and Generative AI (AI generation) are taking center stage. PTC and MakerSights have teamed up to revolutionize retail operations by introducing a standardized connector that enhances seamless data integration between PTC’s PLM solution, FlexPLM, and MakerSights’ consumer feedback platform. This collaboration aims to improve efficiency … Read more