The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates ...
Wall Street ended up on relief Meta and Microsoft kept their AI spending plans even amid mixed earnings. Next up, Apple ...
Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.
When OpenAI released ChatGPT in 2022, companies started spending billions on GPUs to train AI models. Nvidia led the market ...
For a slew of AI chip companies chomping to dethrone Nvidia, DeepSeek is the opening they’ve been waiting for.
Global chip stocks slumped Monday on DeepSeek revealing it had developed AI models that nearly matched American rivals ...
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in ...
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company ...
Entrepreneur Marc Andreessen, known for co-writing Mosaic, one of the world’s first web browsers, wrote Sunday on X that ...
The tech-heavy Nasdaq composite closed down nearly 3% on Monday, with shares of AI-focused chipmaker Nvidia plunging 17% and ...
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Asian stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the ...