Category: Chip
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S&P 500, Dow surge to record highs as blue chip index gains over 700 points
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Investors are confident that the Federal Reserve will cut interest rates by the end of its meeting in September. As of Tuesday morning, markets were pricing in a 100% chance of a rate cut in September, According to CME FedWatch TooNo, up from 70% a month ago. The increased confidence…
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SA Asks: What are the best chip stocks to invest in right now? (NASDAQ:NVDA)
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Antonio Bordonovi Chipmakers and designers like NVIDIA (NASDAQ: NVDA), semiconductor manufacturing in Taiwan (New York:TSM) and broadcomNASDAQ: AVGOIts shares have seen impressive gains over the past few months, largely due to the AI revolution that has increased demand for its products. since At the beginning of the year, NVIDIA (NVDA…
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Texas chip brand hit with lawsuit after the death of a child in Massachusetts
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A lawsuit was filed Thursday in the case of a Massachusetts teen who died after participating in the spicy tortilla chip challenge on social media. Harris Woolopah, a 10th grader from Worcester, died on September 1, 2023, after eating Paki chips as part of the manufacturer’s “One Chip Challenge”. A…
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Local Bottom or More Pain for Bitcoin’s Price? Bitfinex Analysts Chip In
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Although Bitcoin (BTC) has fallen to its lowest level since February 26 and hovered around the $57,000 range over the past few days amid high volatility, Bitfinex analysts have seen on-chain signs that the leading crypto asset may not record any further declines. According to this week’s release of Bitfinex…
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Nvidia is poised to surge another 16% as signs point to ‘exceedingly robust’ demand for its next-gen Blackwell chip, UBS says
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Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/PI Nvidia’s stunning stock rally could continue to $150 per share, UBS said. Recent supply chain checks show “very strong” demand for Nvidia’s next-generation chips, the bank said. Nvidia’s potential EPS of $5 in 2025 would give it a valuation…
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What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In
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Bitcoin’s price has been stagnant since its peak in March due to tighter US monetary policy, which has reduced the supply of stablecoins, according to CryptoQuant analysts. “The reason why Bitcoin has not been able to rise further is mainly due to the tightening of monetary policy in the United…
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What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In
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Bitcoin’s price has been stagnant since its peak in March due to tighter US monetary policy, which has reduced the supply of stablecoins, according to CryptoQuant analysts. “The reason why Bitcoin has not been able to rise further is mainly due to the tightening of monetary policy in the United…
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Former ASML CEO says US-China chip fight will continue By Reuters
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AMSTERDAM (Reuters) – The recently retired chief executive of semiconductor equipment maker ASML said in an interview with Dutch broadcaster BNR on Saturday that the dispute between the United States and China over computer chips is ideological, not based on facts and is set to continue. Wennink left his post…
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Samsung flags better-than-expected profit rise as AI boom lifts chip prices By Reuters
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By Joyce Lee and Heekyung Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Friday forecast a more than 15-fold jump in second-quarter operating profit, as a rebound in semiconductor prices driven by the artificial intelligence boom lifted earnings from a low a year ago. The world’s largest maker of…
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AI chip startup Lightmatter hires Nvidia’s Jankowski as CFO
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Boutelish Lighmatter, an AI chip startup focused on optical supercomputing, has hired longtime Nvidia (NASDAQ: NVDAThe company announced on Monday the appointment of CEO Simona Jankowski to the position of CFO. Jankowski spent more than two decades at NVIDIA, where she served as vice president Investor relations and strategic finance.…
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Safety Shot Announces Strategic Partnership with Chip Quigley and Ari Freedman By Investing.com
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executive managers will support Company with Deep experience in the entertainment fieldDevelopment and distribution Jupiter, Florida., June 25, 2024 /PRNewswire/ — Safety Shot (Nasdaq: SHOT) today proudly announces a strategic partnership with… Chip QuigleyFounder and CEO of Kingdom Entertainment GroupAnd Ari Friedmanan experienced executive at Surge Brands, to advise across…
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Exposure to Nvidia and Other Top Chip Stocks
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It’s hard to look beyond Nvidia (Nasdaq: NVDA) these days, but it’s important to remember that there are also plenty of other great semiconductor (chip) stocks out there. VanEck Semiconductor ETF (Nasdaq:SMH) enables investors to learn about both Nvidia and other attractive opportunities in the semiconductor space. I’m bullish on…
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onsemi to invest up to $2B to build chip facility in Czech Republic
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sefa ozel/E+ via Getty Images onsemi, based in Scottsdale, Arizona, plans to invest up to $2 billion to build an integrated silicon carbide manufacturing facility in the Czech Republic. Company He said on Wednesday that the site will produce smart power semiconductors needed to improve energy efficiency in applications In…
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Exclusive-MediaTek designs Arm-based chip for Microsoft’s AI laptops, say sources By Reuters
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Written by Max A. Cherny TAIPEI/SAN FRANCISCO (Reuters) – Taiwanese chip design giant MediaTek is developing an Arm-based personal computer chip that will power Microsoft Corp’s (NASDAQ:) Windows operating system, according to three people familiar with the matter. Last month, Microsoft unveiled a new generation of laptops featuring chips designed…
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Singapore wins $7.8B chip plant from TSMC-backed company and NXP
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The small city of Singapore in Southeast Asia continues to attract billions of dollars in semiconductor investment, competing with larger economies trying to carve out their own share of the crucial chip supply chain. Vanguard International Semiconductor, a chip manufacturer backed by Taiwan Semiconductor Manufacturing Company, We will cooperate With…
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Nvidia says its next-generation AI chip platform to be rolled out in 2026 By Reuters
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TAIPEI (Reuters) – The company’s next-generation artificial intelligence chip platform is called Robin and will be rolled out in 2026, Nvidia CEO Jensen Huang said on Sunday. The Rubin chipset family will include new graphics (GPU) and central processors (CPU) as well as networking chips, Huang said at National Taiwan…
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Nvidia says its next-generation AI chip platform to be rolled out in 2026 By Reuters
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TAIPEI (Reuters) – The company’s next-generation artificial intelligence chip platform is called Robin and will be rolled out in 2026, Nvidia CEO Jensen Huang said on Sunday. The Rubin chipset family will include new graphics (GPU) and central processors (CPU) as well as networking chips, Huang said at National Taiwan…
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This Why Chainlink (LINK) Could Keep Rising in the Following Months: Analysts Chip in
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Turkish lire; Dr While the broader cryptocurrency market corrected, Chainlink (LINK) rose to nearly $19, recording a daily increase of 6%. Analysts expect further gains for the asset, supported by rising whale activity and key partnerships. Metrics show high transaction volume and a shift from exchanges to self-custody, indicating reduced…
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China is ‘doubling down’ on chip investment with $47.5B Big Fund III
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Beijing is “redoubling its efforts” in its quest to have China manufacture its own chips for billions more Investment round In the China Integrated Circuit Industry Investment Fund, known by its nickname “Big Fund”. The latest fund pledged as much money as the previous two rounds combined. Previous efforts to…