Nvidia, AMD, Micron Skyrocket 44%, Surpassing S&P 500’s 25% Growth in AI Surge
As demand for generative AI grows, Internet infrastructure stocks soar with 44% returns, led by Nvidia, AMD, and Micron. This is better than the S&P...
Meta and Microsoft Ramp Up AI Spending, Prompting Wall Street Concerns
Microsoft, Meta, Amazon, and Google are ramping up the spending of their AI systems, straining profit margins and testing investor patience. Meta and Microsoft are...
OpenAI Collaborates with Broadcom and TSMC on New In-House Chip
OpenAI is working with Broadcom and TSMC to make its first chip in-house. It also combines AMD and Nvidia chips to improve its AI infrastructure...
AMD Aims to Compete with Nvidia by Boosting MI325X Chip Production
AMD will start making a lot of its MI325X AI chip in the fourth quarter, hoping to make it more competitive in a market dominated...
AI Chip Sector Projected to Reach $138bn by 2028 – New Report
New research says that the market for AI chips will grow to $138 billion by 2028, thanks to rising demand in datacenters. A recent report...
AMD to Boost AI Ecosystem with $4.9B Acquisition of Infrastructure Firm ZT Systems
AMD will pay $4.9 billion to acquire ZT Systems to strengthen its AI ecosystem and add AI infrastructure design expertise to its data center capabilities....
TSMC Hits $1 Trillion Milestone as AI Demand Skyrockets, Leading Asian Companies
Thanks to strong demand from major technology companies, TSMC briefly became Asia's first trillion-dollar company, but its market value has since fallen slightly. The Taiwan...
Microsoft plans to invest $3.2 billion in Swedish cloud and AI
Microsoft is investing billions of dollars in expanding cloud and AI infrastructure in Sweden, including data centres and GPU deployment, to meet the rising demand...