Mag 7 value shrinks by $2.3 trillion amid AI spending jitters
Jakub Porzycki | Nurphoto | Getty Images Around $2.3 trillion has been wiped off the value of the…
Stocks making the biggest moves premarket: SNDK, ON, RKL
Check out the companies making the biggest moves premarket: On Semiconductor , Synaptics — The stocks diverged in…
The AI trade cooled and oil sank. A closer look at Wall Street’s volatile week
Wall Street spent the week debating who the biggest winners and losers of the artificial intelligence boom will…
Alphabet burnishes one of its best weapons in the battle for AI supremacy
Alphabet has squashed concerns that artificial intelligence will destroy its Google tech empire. One of its biggest weapons…
On Semi strikes $7 billion deal for Synaptics in physical AI push
On Semiconductor has agreed to buy Synaptics in a nearly $7 billion all-stock deal to bolster its push…
Broadcom stock needs a win. The new OpenAI co-designed Jalapeno chip might do the trick
Broadcom shares have lost nearly 20% since early June on what can only be described as a sub-optimal…
OpenAI and Broadcom reveal Jalapeno, first AI chip in partnership
Jakub Porzycki | Nurphoto | Getty Images OpenAI and Broadcom on Wednesday unveiled their debut custom chip, called…
The AI trade has left the hyperscalers in the dust. What will it take for that to change?
We are beginning to see the real weaknesses in these hyperscalers. Amazon , Alphabet , Microsoft and Meta…
AI buildout giving tech investors new reasons to watch bond market
Artificial intelligence is giving tech investors an entirely new reason to pay attention to the Federal Reserve. For…
South Korea chip workers’ bonuses puts central bank on inflation alert
An employee counts genuine South Korean 50,000 won banknotes in this arranged photograph at the Counterfeit Notes Response…
Next week’s inflation data is vitally important. What’s ahead for the market
Next week’s inflation data just got even more important after the latest Federal Reserve meeting. Next Thursday’s release…
The AI trade could shift back in Nvidia’s favor. Here’s why
Infrastructure has been a huge part of the artificial intelligence rollout, with companies building data centers, networking hubs…