C.C. Wei, the new CEO and chairman of Taiwan Semiconductor (TSM.US), expressed that he believes the iterative development of artificial intelligence technology will drive a strong recovery in the chip industry by 2024. As the only global foundry of NVIDIA
Wei Zhejia reiterated this year's sales rebound expectations; Taiwan Semiconductor is at the core of the global AI and chip manufacturing boom.
Bank of America expects the peak of the chip industry to be reached in mid-2026. Sub-sectors such as cloud computing and autos will prosper first.
Bank of America recently released a report suggesting that the semiconductor industry's bull market is far from over, and the rise of AI is expected to push the industry to its peak in the mid-2026s.
Intel Battles AMD With New Data Center Chips
Goldman Sachs and Nvidia have reached a consensus! There will be significant development in this AI field.
Goldman Sachs stated in a research report that the technology hardware industry has completely ended the epidemic upgrade cycle. With the advent of the AI wave, new models of PC and mobile devices will have obvious new features, such as AI enhancement, increased security, and stronger computing power. A new wave of upgrades is coming. NVIDIA CEO Huang Renxun also stated that agreements have been reached with two PC manufacturers and that future new products will be equipped with integrated AI chips.
Express News | NYSE Order Imbalance 63783.0 Shares on Sell Side
Chip Stocks Rise as Nvidia, AMD, Qualcomm Double Down on AI
Eric J. Savitz A flurry of artificial-intelligence-related chip announcements at the Computex trade show in Taipei has spurred a rally in related semiconductor shares, as the battle heats up for AI ch
Today's Analyst Rating | CFRA Upgrades Microsoft to Buy, Apple Price Target Raised to $215 by CCORF
Jun 3, Wall Street analysts have updated their stock ratings today including $Microsoft(MSFT.US)$ and $Apple(AAPL.US)$.
Major Keynotes to Highlight Computex 2024 in Taipei
Tech giants are set to unveil their upcoming strategies for processors designed to better manage the growing demands of AI workloads at Computex 2024.
Express News | NYSE Order Imbalance 344913.0 Shares on Sell Side
First order after the new “Kujo Kujo”! The wafer supplier for Lianyun Technology's IPO was TSMC
On May 31, the Shanghai Stock Exchange Listing Review Committee announced the results of the 14th review meeting in 2024, and Lianyun Technology's initial launch was approved.
The global chip race is heating up! ST Semiconductors (STM.US) plans to invest 5 billion euros to build a factory in Italy
ST Semiconductor (STM.US) announced on Friday that it plans to invest 5 billion euros (5.4 billion US dollars) to build a chip and package manufacturing plant in Catania, Italy.
Demand for memory chips is exploding! South Korea's chip inventory showed the biggest drop in 10 years
With the development and iteration of artificial intelligence technology, global companies' demand for memory chips has surged; SK Hynix has become Nvidia's core HBM supplier, and Samsung is also striving to join this ranks.
Nvidia CEO Jensen Huang Along With AMD, ARM, Intel Bosses Will Converge At Taiwan's AI Tech Fest — Event Organizer Says, 'They All Had To Come'
The CEOs of major U.S. chip companies, including Nvidia, Advanced Micro Devices, Intel, Qualcomm, and Arm, are set to gather at Taiwan's Computex event to discuss the future of artificial intelligence.
Today's Analyst Rating | Apple Price Target Raised to $215 by CCORF, NVIDIA Price Target Raised to $1100 by New Street
May 30, Wall Street analysts have updated their stock ratings today including $Apple(AAPL.US)$ and $NVIDIA(NVDA.US)$.
Express News | NYSE Order Imbalance 104520.0 Shares on Sell Side
EInfochips Joins TSMC Design Center Alliance to Accelerate Semiconductor Innovation
SAN JOSE, Calif., May 30, 2024 /PRNewswire/ -- eInfochips, an Arrow Electronics company, announced the company has joined the Design Center Alliance (DCA) of TSMC Open Innovation Platform (OIP). The
Express News | ### AMD, Broadcom, Cisco, Google, HPE, Intel, Meta, Microsoft Establish UALink Promoter Group To Enhance Data Center AI Connectivity; Consortium To Be Incorporated In Q3
Nvidia's AI Spider Web Spurs Soaring Gains: Key Related Stocks Quietly Surge Over 195%
The new paradigm which Nvidia created has been carrying the markets and bullish portfolios for quite some time now. A spider web of companies serving a completely new accelerated computing environment. Nvidia created this over the span of 1 decade.
“The Godfather of Emerging Markets” Maipus: Optimistic about Chinese stocks, some companies are superior to Tesla
“The Godfather of Emerging Markets” Maipus said on Thursday that Chinese stocks now “look good again” because the recent rebound showed confidence. At a media roundtable in Hong Kong, Max said that he turned optimistic about Chinese stocks about three or four weeks ago. Maxus favors Chinese tech hardware companies and companies that are becoming global brands, such as Xiaomi. He is also optimistic about Chinese electric vehicle manufacturers, saying that some companies are “superior” to Tesla, and continues to be optimistic about TSMC. Maipus also said it plans to launch a new emerging market fund in September with a minimum investment of 500,000 US dollars.
US stocks closed | The three major indices collectively closed down, the Dow fell to a four-week low, and Nvidia reversed the market and closed at a new high
American Airlines fell nearly 16% in the intraday period, the biggest decline in nearly four years; Marathon oil closed up more than 8%; Faraday fell 62% in the future after the earnings report; China Securities Index fell 4.5%, and Xiaopeng Motors fell nearly 3%.
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