Foxconn's earnings release comes just a week after Microsoft announced that it expects to spend $80 billion on AI data center infrastructure in its FY 2025. This was huge news for investors, as it confirms that Silicon Valley's AI arms race is not winding down any time soon.
Nvidia was the most remarkable technology story of 2024 — both in terms of its products and impact on the stock market. The company’s strategic advancements in data-center GPUs and networking; its growth and ambitions in services;
Nvidia (NASDAQ: NVDA) has become the second-largest company in the world, with a market capitalization of $3.3 trillion as of this writing. The semiconductor giant's impressive rise can be justified by the phenomenal increase in its revenue and earnings over the past couple of years,
Microsoft (NASDAQ: MSFT) made headlines late last week when it announced it would spend $80 billion this year building data centers that would train artificial intelligence (AI) models and handle AI and cloud-based applications around the world.
Alphabet has become a leader in artificial intelligence (AI) and it's embedding the technology across many of its legacy businesses, including Google Search. Let's explore why this tech giant has a clear path to joining the exclusive $3 trillion club in 2025.
Nvidia's top customers are delaying orders of the AI chip leader's latest 'Blackwell' racks due to overheating issues, the Information reported on Monday.
Stocks and ETFs tied to quantum computing rose significantly Wednesday after Nvidia and Microsoft highlighted the industry's enormous potential.
Quantum stocks rallied Wednesday, a day after Microsoft called 2025 "the year to become quantum-ready," mitigating a string of recent losses spurred by high-profile bearish comments on the sector.
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Some of Nvidia’s biggest customers are facing new delays in getting its most advanced artificial intelligence chips up and running in data centers. The first shipments of racks equipped with Nvidia’s newest chips,
The Information notes that Blackwell GB200 racks, crucial components in data centers, have exhibited problems during initial deployments. The unprecedented power consumption of these cutting-edge GPUs,
The technology companies nicknamed the "Magnificent Seven" have a combined value of $17.2 trillion, which represents one-third of the entire value of the S&P 500 (SNPINDEX: ^GSPC). Those stocks delivered an average return of 60% during 2024,