This “Magnificent Seven” Artificial Intelligence (AI) Stock Could Be a Better Investment Than Nvidia Over the Next 5 Years

This “Magnificent Seven” Artificial Intelligence (AI) Stock Could Be a Better Investment Than Nvidia Over the Next 5 Years

The technology sector is currently experiencing something of a renaissance as breakthroughs in artificial intelligence (AI) have ignited newfound interest from investors. Among the top AI opportunities are a small cohort of megacap tech companies collectively referred to as the “Magnificent Seven.” Over the last year and a half, semiconductor company Nvidia (NASDAQ: NVDA) has …

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Listen to Nvidia. This Little-Known, Undervalued Company Could Be a Top Artificial Intelligence (AI) Stock Pick Now

Listen to Nvidia. This Little-Known, Undervalued Company Could Be a Top Artificial Intelligence (AI) Stock Pick Now

If there was any doubt about the strength of the AI boom in the stock market and the broader economy, Nvidia (NASDAQ: NVDA) just put those questions to rest. For the first quarter of 2024, the AI chip titan just posted another blockbuster earnings report, including year-over-year revenue growth of 262% overall and 427% in the …

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Malaysian Tycoon Lin Yun Ling’s Gamuda Bags $372 Million Deal To Build Sime Darby Data Center

Malaysian Tycoon Lin Yun Ling’s Gamuda Bags 2 Million Deal To Build Sime Darby Data Center

Stacks of computer servers at a data center. getty Gamuda—a Malaysian infrastructure company cofounded by tycoon Lin Yun Ling—said its unit has won contracts worth 1.74 billion ringgit ($372 million) to build Sime Darby Property’s maiden data center near Kuala Lumpur as the race to expand cloud computing infrastructure in Southeast Asia heats up. Under …

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AMD Chief Lisa Su Foresees Massive Gains in AI and Data Center Efficiency

AMD Chief Lisa Su Foresees Massive Gains in AI and Data Center Efficiency

AMD Chief Lisa Su Foresees Massive Gains in AI and Data Center Efficiency Advanced Micro Devices, Inc (NASDAQ:AMD) CEO Lisa Su emphasized the chip designer’s progress toward its 30×25 goal, aiming for a 30x increase in compute node power efficiency by 2025 and now foreseeing a potential 100x improvement by 2026-2027 at a recent event. Su highlighted AMD’s foresight in …

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The first 300TB SSD is on the horizon

The first 300TB SSD is on the horizon

SK Hynix Some of the best SSDs we use are usually 1TB or 2TB, but consumer models go up to 8TB — which is nothing in the context of a datacenter, and the latest announcement from SK Hynix puts that into perspective. The company revealed that it’s currently developing a solid-state drive with a capacity …

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Artificial Intelligence (AI) Isn’t Going Anywhere. Here Are 3 Stocks to Buy and Hold for Decades.

Artificial Intelligence (AI) Isn’t Going Anywhere. Here Are 3 Stocks to Buy and Hold for Decades.

You might have experimented with ChatGPT or some of the other large language models, which are part of a new frontier where artificial intelligence (AI) changes the world around us. Is this a new reality or a fad? Considering the tens of billions of dollars corporations are spending in a technological arms race, it’s probably …

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1 Monster Artificial Intelligence (AI) Growth Stock Up 45,900% in 20 Years to Buy Now, According to Wall Street

1 Monster Artificial Intelligence (AI) Growth Stock Up 45,900% in 20 Years to Buy Now, According to Wall Street

Nvidia (NASDAQ: NVDA) accomplished a great deal in the past two decades. The chipmaker solidified its status as the gold standard in graphics processors for video games and other multimedia. Moreover, its accelerated computing platform has become the premier solution for demanding data center workloads like analytics, artificial intelligence, and scientific simulation. During that period, …

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Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana

Amazon cloud computing unit plans to invest  billion to build data center in northern Indiana

NEW CARLISLE, Ind. (AP) — Amazon ’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced Thursday. Republican Gov. Eric Holcomb called the project planned near the town of New Carlisle, about …

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Sam Altman, others invest $20 million in AI data center energy startup

Sam Altman, others invest  million in AI data center energy startup

OpenAI CEO Sam Altman during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. Photo: Justin Sullivan (Getty Images) An energy startup aimed at cleaning up artificial intelligence’s massive use of electricity is getting a multi-million dollar boost from investors, including the AI industry’s top leader. TSMC beat on Q2 sales expectations …

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