Stocks started the day higher but fell later, as investors grew more cautious as Wednesday went on. The biggest jolts came from the technology and AI sectors, as major stocks fell. ChatGPT requires 15 times more energy than a traditional web search, says Arm exec The Dow Jones Industrial Average lost 45 points, or about 0.1%, to end …
One of the biggest catalysts propelling the market higher over the past year or so has been the advent of artificial intelligence (AI). Businesses and market watchers alike agree that the potential for productivity increases could boost profits, benefiting enterprises and shareholders alike. Investors are also waiting on the edge of their seats for insight …
Both Nvidia (NASDAQ: NVDA) and Micron Technology (NASDAQ: MU) have been highly profitable investments in the past year, with their share prices rising rapidly thanks to the way artificial intelligence (AI) has supercharged their businesses. While Nvidia stock has gained 255% in the past year, Micron’s gains stand at 91%. If you are looking to …
The most recent semiconductor industry downturn, led by the steep falloff in consumer electronics (PCs and smartphones) spending after the pandemic, has been absolutely brutal on U.S. memory chipmaker Micron Technology (NASDAQ: MU). However, Micron is back in all-out growth mode, and it just turned a GAAP profit again in its last reported quarter (Q2 …
According to a report by PTI, Young Liu, the chairman of Apple supplier Foxconn, has praised the chip ecosystem in India. He referred to it as “very brave” during his address at the second edition of SemiconIndia. Liu expressed optimism about India’s semiconductor roadmap and stated that Taiwan will be India’s most trusted and reliable …