CashNews.co (Reuters) -Arm Holdings approached Intel about potentially acquiring the company’s product division but was told that the business is not for sale, Bloomberg News reported on Thursday. The British chip firm did not express interest in Intel’s manufacturing operations, the report added, citing a person familiar with the matter. The report did not mention […]
CashNews.co Market darling Nvidia (NVDA) is not an island. They fund and advice numerous companies, including You.com. Founder and CEO of the company, Richard Socher, joined Yahoo Finance Executive Editor Brian Sozzi on Opening Bid, to share market commentary, AI insights, and personal experience with Nvidia CEO Jensen Huang, as Nvidia is the second largest […]
CashNews.co Nvidia’s (NVDA) ultra-bullish trend in the first half of the year has paused, with the stock failing to reach new peaks over the past few months. Following the highly anticipated Q2 earnings report at the end of August, Nvidia stock experienced a pullback due to elevated investor expectations for hypergrowth, despite the strong results […]
CashNews.co What’s Going On With Nvidia, Broadcom, Intel, And Other Chip Stocks On Thursday? Semiconductor stocks especially linked to artificial intelligence led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Intel Corp (NASDAQ:INTC), Broadcom Inc (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Arm Holdings Plc (NASDAQ:ARM), Qualcomm Inc (NASDAQ:QCOM) are trading higher Thursday in sympathy […]
CashNews.co (Reuters) – Wells Fargo has sent the Federal Reserve a third-party review of its risk and control overhauls as it looks to shed an asset cap imposed by the regulator, Bloomberg News reported on Thursday, citing people familiar with the matter. The bank operates under a $1.95 trillion asset cap that prevents it from […]
CashNews.co Laborant / Shutterstock.com In late 2023, IBM announced a shift in its retirement benefits package, effective Jan. 1, 2024. The established method was a 401(k) match — a 5% match and a 1% automatic contribution. With the change, IBM will establish retirement benefit accounts (RBAs) that function as a pension plan. Check Out: $5 […]
CashNews.co The Buffalo Bills have been consistently good during the Sean McDermott/Josh Allen era. Five straight playoff appearances, four straight division titles and a pair of 13-win seasons is an impressive run. And this might be the best Bills team of the era, after an offseason of worry that their Super Bowl window had closed. […]
CashNews.co By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) – SK Hynix shares jumped more than 9% on Thursday after the South Korean firm started mass production of the most advanced high-bandwidth memory (HBM) chips, pulling ahead in a race to meet demand from an artificial intelligence (AI) boom. Shares of the world’s second-largest memory […]
CashNews.co Shares of Nvidia (NVDA) are ticking higher after a new report from Bain & Company predicted the market for AI-related hardware and software to reach $990 billion by 2027. Market Domination Hosts Julie Hyman and Josh Lipton break down the bullish projection and discuss some of the ripple effects created by the AI race. […]
CashNews.co We recently published a list of Top 10 Trending AI Stocks Amid Latest News and Analyst Ratings. Since NVIDIA Corporation (NASDAQ:NVDA) ranks 4th on the list, it deserves a deeper look. The reality is finally catching up to the AI hype as investors await to see ROI on huge spending on AI chips and infrastructure. […]