Chips
* Intel's stock surged by 10% following a high-profile analyst's prediction of a renewed partnership with Apple. * The potential deal would see Intel supplying Apple's lowest-end M-series processors as early as the second quarter of 2027. * This move is seen as a major validation for
Chips
* For months, the AI trade was simple: buy Nvidia. Now, that certainty is fracturing as tech giants develop their own chips, creating new winners and losers. * Google is aggressively challenging Nvidia’s hardware dominance with its custom Tensor Processing Units (TPUs), signaling a major shift in the AI infrastructure landscape.
Chips
* Nvidia's seemingly unshakeable dominance in the AI chip market is facing its first serious challenge from a major tech rival. * Google has successfully developed custom AI chips, piercing the "aura of invulnerability" that has surrounded Nvidia. * Despite becoming the world's most valuable company, this
Chips
* In a surprising shift, Citi has named Advanced Micro Devices (AMD) as the new leading stock in the semiconductor space, overtaking previous favorite Nvidia. * The endorsement follows AMD's recent Analyst Day, where the company outlined a robust strategy for growth, fueling strong investor confidence. * While Nvidia remains a
Chips
* SoftBank Group Corp. explored a potential takeover of U.S. chipmaker Marvell Technology Inc. earlier this year. * If completed, the acquisition would have been the largest deal in the history of the semiconductor industry. * Discussions ultimately failed several months ago after the two parties could not agree on terms. * The
Chips
* Microsoft has secured U.S. approval to export advanced Nvidia AI chips, including the powerful GB300 GPUs, to the United Arab Emirates. * The news triggered a 2.17% surge in Nvidia's stock, signaling strong investor confidence in the landmark deal. * This approval is a cornerstone of Microsoft'
Chips
* Unprecedented Milestone: Nvidia has become the first company in history to achieve a staggering $5 trillion market capitalization, cementing its role at the heart of the AI revolution. * CEO's Skyrocketing Wealth: Propelled by the stock's meteoric rise, CEO Jensen Huang's net worth has ballooned