Yahoo Finance Intel CEO Gelsinger Provides New Details on AI Chips. The Stock Is Barely Moving.
There were new technical details about the AI PC chip code named Lunar Lake, which is expected to start shipping to PC makers in the third quarter.
There were new technical details about the AI PC chip code named Lunar Lake, which is expected to start shipping to PC makers in the third quarter.
It’s not hard to grasp why Apple, Microsoft and Google are multi-trillion dollar companies. Just think about how many people around the world interact with the companies’ products and rely on them to go about their daily lives.
Huawei Technologies, which was forced to divest its traditional server subsidiary three years ago under pressure from US sanctions, has regained its influence in that sector on the mainland, thanks to the popularity of its artificial intelligence (AI) chips, according to industry analysts. Shares of Digital China Group, one of the major players in China's server market, fell by their daily limit of 10 per cent on the Shenzhen Stock Exchange on Monday and continued their weak performance through
(Bloomberg) -- Nvidia Corp. has agreed to buy Shoreline.io, a startup for software developers founded by a former Amazon Web Services executive, people familiar with the matter said.Most Read from Bloomberg‘I Live in Hell’: Anti-Growth Fervor Grips US South After Pandemic BoomWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesNvidia Becomes World’s Most Valuable Company as AI Rally Steams AheadI Didn’t Think Biden Aff
While Apple’s stock was falling early on Tuesday, its artificial-intelligence announcements are fueling bullish forecasts among Wall Street analysts. Apple stock was down 1.4% at $215.01 in early trading. “We are updating our volume forecasts for the iPhone 16 and iPhone 17 cycle following the WWDC event, which laid out a collection of AI features that in our view will drive an upgrade cycle that starts with the iPhone 16 launch…followed by a cycle peak with the launch of iPhone 17,” wrote J.P. Morgan analyst Samik Chatterjee in a research note on Tuesday.
Apple did not immediately respond to a Reuters request for comment. Earlier this month, Apple held its annual developer conference, where it unveiled its long-awaited AI strategy and announced a partnership with ChatGPT-maker OpenAI. The event has also given a boost to Apple's shares, which have now risen over 11% so far this year after trailing behind their Big-Tech peers at the start of the year due to softer iPhone demand in China.
(Bloomberg) -- Huawei Technologies Co. is nearing a deal to let Tencent Holdings Ltd.’s WeChat super app operate fully on its Harmony mobile platform without sharing any revenue, a concession designed to defend its newfound lead over Apple Inc. in China.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eatin
"The real narrative lies in the software that complements all the hardware goodness," Rosenblatt said of Nvidia.
Apple has suspended work on the next version of the Vision Pro headset and is focusing on releasing a cheaper version with fewer features before the end of 2025, according to a report.
The chip company took a relatively long time to join the artificial-intelligence boom but the shares have been on a tear this year.
Investing.com - Analysts at Macquarie reiterated their outperform rating for Applovin Corp (NASDAQ:APP) on Monday while addressing concerns around the impact of Apple's (NASDAQ:AAPL) new app ad attribution tool.
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Ron Nugent says he figures his septic tank is just days away from overflowing. And like many others who are in a similar situation, he says he's coming to realize no one is coming to help."I'm losing sleep over it. My stress level is high. I'm nervous about flushing my toilets. I've instructed my family to take two-minute showers," he says."This should not be a problem," he adds. "This problem is created for some unknown reason I don't comprehend."Nugent's septic tank is under the deck at his wa
Bob Good shows some Republicans can still take on Donald Trump and have a fighting chance
The Prince of Wales helped his mother-in-law Carole Middleton to free her heel after her shoe got stuck in the grass at Royal Ascot on Wednesday
The former president's cognition is under the microscope after a series of alarming reports.
(Bloomberg) -- Shortly after midnight, several masked men in boats began removing orange navigational aids on the Narva River that separates Estonia from Russia — a watercourse which demarcates the extent of NATO’s reach.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanCar
Sophie, Duchess of Edinburgh looked amazing at an event at the Peninsula London with Prince Edward, wearing a new Roland Mouret dress and high heels.
Ramin Setoodeh, the author of a new Donald Trump book about the behind-the-scenes environment of The Apprentice, made headlines this week with his claims that the former president showed symptoms of cognitive decline during their interviews.Covering Setoodeh’s reports in his Wednesday monologue, Jimmy Kimmel zeroed in on Trump’s claim that Joan Rivers, a renowned comedian and actress, voted for him in the 2016 election. The only problem with his story is that Rivers died two years earlier.“So he
Roger Stone, a longtime Republican operative who served as an adviser to Donald Trump, was secretly recorded at Mar-a-Lago spilling the beans on the former president’s strategy to challenge the results of the 2024 election should he lose again. The self-described “dirty trickster” of right-wing politics unknowingly divulged the plan to liberal reporters Lauren Windsor and Ally Sammarco, who posed as Trump fans and covertly videotaped him at a “Catholics Prayer for Trump” event on March 19. The r
"She claimed Canadian gun control laws didn't apply to her because she's American and protected by the Second Amendment."