Deutsche Telekom subsidiary T-Systems and Broadcom have expanded their nearly 20-year long collaboration. T-Systems is now a VMware Cloud Service Provider Pinnacle tier partner, the highest and most strategic level in the Broadcom Advantage… Source link
In a recent report, Jefferies analyst Brent Thill maintained a Buy rating and a price target of $150 for Oracle (ORCL) following news from The Information that Elon Musk’s xAI and Oracle had ceased discussions regarding a potential $10 billion AI server deal. Despite this development, Thill confirmed that the deal was not included in … Read more
Amazon Web Services (AWS) is introducing its latest Graviton4 processor, promising significant improvements in processing power, memory, bandwidth, and throughput compared to its predecessor. Although not specifically an AI chip, the Graviton4 can support Amazon’s Inferentia and Trainium chips for AI workloads, providing a more cost-effective option for customers. The semiconductor industry is growing rapidly, … Read more
Intel shares rose over 1.5% due to new analyst coverage and reports on Intel chips, specifically the Lunar Lake laptop line that will not allow RAM upgrades. The RAM will be soldered to the motherboard for a more energy-efficient and compact design. Analyst Ben Reitzes from Melius Research predicts a positive second half of the … Read more
Oracle’s highly anticipated deal with xAI has fallen through, causing a drop in shares by nearly 3%. The agreement was to supply servers to the AI startup fronted by Elon Musk, but talks to expand services have ended. While the current deal involves Oracle leasing AI chips to xAI, new reports indicate that xAI will … Read more
Intel (NASDAQ:INTC) is a semiconductor design and sales giant headquartered in the United States, known for selling microprocessors globally. Despite being a former heavyweight champion in the American semiconductor industry, Intel has recently been overshadowed by competitors such as Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), and Nvidia (NASDAQ:NVDA). However, some analysts believe that Intel has … Read more
Intel (NASDAQ:INTC) had a great day in the stock market, with shares rising more than 5% on Monday afternoon trading. A report from analysts at Melius Research suggested that Intel, which has been lagging in artificial intelligence (AI) compared to competitors like Nvidia (NASDAQ:NVDA), could see a resurgence in the second half of the year. … Read more
Be sure to consult with your financial advisor before making any investment decisions, especially in a high-valuation stock like Amazon. Despite the risks, analysts remain bullish on AMZN stock, suggesting a potential upside in the coming quarters. It is crucial to consider all factors, including valuation concerns, before making any investment decisions. Article Source https://www.tipranks.com/news/amazon-stock-nasdaqamzn-3-bullish-signals-and-1-bearish-before-q2
Amazon’s recent $US2 billion cloud services contract with the Australian government involves the construction of three data centres aimed at enhancing military intelligence and information sharing within the Five Eyes alliance. The deal with Amazon Web Services (AWS) is expected to bolster Australia’s interoperability with the US, UK, New Zealand, and Canada, providing advanced AI … Read more
Nancy Pelosi, a prominent congresswoman, has recently made significant investments in the semiconductor industry by purchasing shares in Nvidia and Broadcom. In June and July, Pelosi acquired 10,000 shares of Nvidia stock and twenty call options on Broadcom. The Nvidia shares are valued between $1 million and $5 million, while the Broadcom call options, expiring … Read more