supplier

Nvidia’s CEO, Jensen Huang, downplays competition concerns amidst underwhelming expectations for AI chip sales from a key supplier

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Nvidia’s CEO, Jensen Huang, downplays competition concerns amidst underwhelming expectations for AI chip sales from a key supplier

Nvidia CEO Jensen Huang assured investors that Nvidia will continue to dominate the market for AI training chips despite increasing competition in the industry. Nvidia’s upcoming Blackwell technology is expected to solidify the company’s position as a leader in the field, with the H100 chips being regarded as one of the most sought-after products in … Read more

TSMC, Key Apple Supplier, Joins Trillion-Dollar Club After Following Nvidia’s Lead

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TSMC, Key Apple Supplier, Joins Trillion-Dollar Club After Following Nvidia’s Lead

Taiwan Semiconductor Manufacturing Co. (TSMC), a key chip supplier for Apple and NVIDIA Corp., is on the brink of joining the trillion-dollar club due to increasing demand for AI-related products and potential price hikes. TSMC’s market capitalization is approaching the trillion-dollar mark, driven by a surge in stock prices. Several Wall Street firms, including Goldman … Read more

Analyst: Following partnerships with Google and Meta, Broadcom surpasses Nvidia as leading AI chip supplier

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Analyst: Following partnerships with Google and Meta, Broadcom surpasses Nvidia as leading AI chip supplier

Broadcom Inc. (AVGO) has seen a significant increase in its stock price of over 77% in the past year, reaching a market capitalization of around $655 billion. JPMorgan analyst Harlan Sur considers Broadcom to be the second-largest supplier of AI semiconductors globally, behind Nvidia Corp. (NVDA). Broadcom holds between 55% to 60% of the custom … Read more

Broadcom Emerges as Leading AI Chip Supplier Following Nvidia, Crediting Google and Meta Collaborations: Analysts – Broadcom (NASDAQ:AVGO)

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Analyst: Following partnerships with Google and Meta, Broadcom surpasses Nvidia as leading AI chip supplier

A 20-year-old professional trader has shared his successful strategy called “MoneyLine” which involves using a simple line on a chart to determine when to buy and sell without relying on indicators. This method has helped Nic Chahine achieve an impressive 83% success rate on his options purchases. Broadcom Inc. (NASDAQ: AVGO) has seen a significant … Read more

What’s Happening with Taiwan Semi, Nvidia’s Supplier, Stock on Thursday?

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What’s Happening with Taiwan Semi, Nvidia’s Supplier, Stock on Thursday?

Taiwan Semiconductor Manufacturing Co (TSMC), a major supplier for Nvidia, shared optimistic projections for the global semiconductor industry, excluding memory chips, anticipating a 10% annual revenue growth. The company’s senior vice president, Cliff Hou, expressed confidence in the opportunities presented by the rise of artificial intelligence (AI) applications, referring to it as a new golden … Read more