Some technology companies are performing exceptionally well, overshadowing a lackluster stock market overall. The S&P 500 index broke its 31st record of the year on Tuesday, closing at 5,487.03, up more than 15% for the year. However, this growth is not evenly distributed across all companies. The top seven performers, including NVIDIA, Microsoft, Apple, Google, … Read more
In an exclusive interview with Wi-Fi NOW News, Cisco’s Yogesh Paliwal discusses the company’s efforts to secure a successful future in the 6 GHz Wi-Fi spectrum. Paliwal emphasizes Cisco’s commitment to ensuring 25 years of continued success in this domain. He highlights the importance of leveraging this spectrum to address the increasing demand for high-quality … Read more
Apple, Microsoft, and Nvidia have all taken turns as the world’s largest company by market capitalization in recent weeks. Currently, Microsoft holds the title. However, all three companies have a market capitalization of around $3.2 trillion, making their rankings subject to change. This is indicative of the high competition between tech giants in the current … Read more
Broadcom (AVGO -4.38%), a tech hardware company, has seen its shares soar over 500% in the last five years due to its involvement in artificial intelligence (AI) related demand. As a result of a 2016 merger between Avago Technologies and Broadcom Corporation, the company has positioned itself as a leader in semiconductor products, enterprise software, … Read more
Masayoshi Son, the founder of SoftBank Vision Fund and Japan’s richest man, missed out on a huge opportunity by selling his shares in the chip supplier NVIDIA, worth around $160 billion now. He had initially invested $20 million in Alibaba in 2000, which later grew to a value of $60 billion. Unfortunately, he sold his … Read more
Chinese customs authorities have discovered an Intel Xeon CPU valued at $1.5 million hidden in a car. The smuggler involved in this case is now facing 7 years in prison. The incident occurred in the city of Taishan, when customs officers noticed something suspicious during a routine inspection of a vehicle. Upon closer examination, they … Read more
Hong Kong Customs recently made a significant seizure of 596 Intel Xeon CPUs valued at around $1.5 million from a private car. The 51-year-old driver was arrested in connection with the smuggling attempt. The CPUs were found hidden on both sides of the rear of the car and in secret compartments in the trunk. Although … Read more
A recent report revealed that a high-ranking Air Force intelligence officer had fabricated parts of his life story for an extended period. The officer, who held a prominent position within the Air Force, had falsely claimed various elements of his background and experiences. The report did not specify the exact details that the officer had … Read more
Broadcom (NASDAQ:AVGO) has seen a significant increase in its shares, rising more than 500% in the past five years, largely due to its involvement in the artificial intelligence (AI) sector. The company, formed from the merger of Avago Technologies and Broadcom Corporation in 2016, specializes in semiconductor products, enterprise software, and data center equipment. This … Read more
Broadcom (NASDAQ:AVGO) has been a standout performer in the AI industry, with shares surging more than 500% in the last five years. The company, formed from the merger of Avago Technologies and Broadcom Corporation, focuses on semiconductor products, enterprise software, and data center equipment. Its specialty lies in Application-specific integrated circuits (ASICs), custom chips designed … Read more