In This Story The Nasdaq and other major stock market indexes dipped Wednesday morning after underwhelming earnings reports from Google parent Alphabet (GOOGL-7.46%) and chipmaker Advanced Micro Devices (AMD-10.21%). Other tech stocks such as Apple (AAPL-1.03%), Amazon (AMZN-2.05%), and Tesla (TSLA-1.77%) were also in the red. Tariffs, interest rates, and market volatility: What they mean…
When we first started The Next Platform a decade ago, there was not really much of a reason to cover the company’s datacenter efforts. But, we are a hopeful people here at what was originally called The Platform, and from the get-go we knew that the market needed competition for high performance CPUs and GPUs…
Just because you are the number one supplier of servers, storage, and PCs in the world does not mean the job of building those machines and making money is easy. It is not, and the financials of Dell Technologies shows just how tough it can be even when things are improving. Even the GenAI boom…
1. ByteDance’s ChatGPT-like Doubao AI bot becomes No 1 in China with 51 million users Doubao has become China’s top AI app with 51 million active users, surpassing competitors like Baidu’s Wenxiaoyan and Alibaba’s Kimi. Free and versatile, it excels in various tasks including text, image, audio and video generation, and data analysis, making it…
Google reported strong earnings after the close Tuesday. (Photo by Alexander Koerner/Getty Images) Getty Images Key Takeaways Tech Earnings And Economic Data Bring Mixed Signals For Market Direction Alphabet’s Strong Cloud Growth Boosts Sector; AMD Dips On Guidance Optimism Grows Despite Mixed Earnings And Slight Economic Slowdown Signs It’s been a quiet start to the…
In This Story The Dow and other major indexes experienced losses Tuesday afternoon as chipmakers struggled amid news of potential export caps. AI investing will take trillions from other funds, CEO says In the afternoon, the Dow Jones Industrial Average dropped 118 points, or 0.28%, to 42,939. The tech-heavy Nasdaq and S&P 500 shed 0.8%…
AMD launched the Instinct MI325X accelerator on Thursday, and shipping starts later this fall. The new chip offers better performance than Nvidia’s H200 yet lags behind Blackwell, analysts say. AMD’s stock dipped over 4% post-announcement, reflecting only modest excitement amid competition. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
Advanced Micro Devices (AMD) on Thursday (Oct. 10) unveiled a new artificial intelligence (AI) chip aimed at breaking Nvidia’s stronghold on the lucrative data center GPU market. The launch of AMD’s Instinct MI325X accelerator marks an escalation in the AI hardware arms race, with implications for businesses investing in AI. AMD’s announcement came during its…
Prime Minister Narendra Modi participated in a roundtable with the CEOs of American tech companies including Google and Adobe. In the roundtable anchored by the Massachusetts Institute of Technology (MIT) in New York, Modi focused on fostering collaborations in cutting-edge fields such as semiconductors, artificial intelligence (AI), quantum computing, and biotechnology. He also shared details of his…