By Rashika Singh and Rae Wee (Reuters) -Global technology shares rallied on Thursday after Nvidia‘s blow-out quarterly results signalled that demand for artificial intelligence hardware remains strong even as analysts caution the boom may be outpacing fundamentals. The chip bellwether’s stellar results tempered some concerns over a potential AI bubble, although questions lingered around the…
Intel Corporation (NASDAQ:INTC) is one of the AI Stocks Analysts Are Tracking Closely. On September 18, NVIDIA and Intel Corporation announced a collaboration to jointly develop multiple generations of custom data center and PC products. Nvidia said that it will invest $5 billion in the struggling US chipmaker. “This is a game changer deal for Intel…
Muslims must take charge of artificial intelligence or “be damned” as a marginalised community, the head of the Muslim Council of Britain (MCB) has said in a leaked video. Dr Wajid Akhter, the general secretary of the MCB, said Muslims and their children risked missing the AI revolution in the same way as they had…
Amazon Web Services, the cloud computing division at the e-commerce giant helped power quarterly earnings that beat market expectations (RONNY HARTMANN) Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs. “Massive results seen by Microsoft and Meta further…
Palantir Technologies Inc. (NASDAQ:PLTR) has risen from the ashes of doubt to become one of the most talked-about names in the AI revolution. Calling it an “AI All-Star,” Piper Sandler analyst Brent A. Bracelin sees this transformation as more than just a rebound, framing Palantir as a long-term winner in the evolving AI landscape. The…
(Bloomberg) — Nvidia Corp. boss Jensen Huang lauded DeepSeek and China’s other contributions to AI research as he met with political and tech leaders in Beijing. Most Read from Bloomberg Huang said open-source Chinese AI models were helping the rest of the world during a fireside chat with Wang Jian, a former Alibaba Group executive…
The GENAI Summit Hong Kong is designed to foster collaboration and knowledge-sharing, offering a dynamic platform for attendees to dive into the practical applications of GenAI in industries such as finance, healthcare, marketing, education, and entertainment. With an expected attendance of over 500+ participants and representatives from leading gen AI tech companies, the event promises…
July 4 – Wedbush Securities projects a more than 10% gain for major tech stocks in the second half of 2025, driven by a surge in enterprise and government AI spending. The top five picks are Nvidia (NASDAQ:NVDA), Meta Platforms (META), Microsoft (NASDAQ:MSFT), Palantir (NASDAQ:PLTR) and Tesla (NASDAQ:TSLA). Analysts estimate roughly $2 trillion will flow…
According to estimates from S&P Global, just the five AI hyperscalers; Meta Platforms, Alphabet, Microsoft, Amazon, and Apple are projected to spend more than $1 trillion in capital investment on AI in the three years through 2027. Let that number sink in for a second…more than a trillion spent to develop artificial intelligence from just…
The race to become the first $4 trillion company is on. Artificial-intelligence heavyweights Microsoft and Nvidia continue to battle to be the world’s most valuable company by market capitalization, after surpassing the $3 trillion milestone last year. Twice this month, Microsoft unseated Nvidia as the most valuable company, but Nvidia regained its title Wednesday. On…