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Robinhood To Expands Crypto Offerings In Singapore In Push For Global Growth
Tuesday, February 18, 2025 - 2:54pm | 662Robinhood Markets Inc (NASDAQ:HOOD) plans to introduce Singapore crypto offerings in 2025 through an entity of Bitstamp Ltd subsidiary. The company plans to roll out the services as per regulatory guidance by 2025, Bloomberg cites from an interview with Robinhood Crypto vice president and...
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AMD Closing Competitive GPU Gap With Nvidia, Gains Market Share From Intel In Client And Server Markets: Analyst
Tuesday, February 18, 2025 - 12:32pm | 1032Benchmark analyst Cody Acree reiterated Advanced Micro Devices (NASDAQ:AMD) with a Buy and a $170 price target. Acree recently hosted AMD’s Jean Hu, CFO, for a discussion with investors. He came away with further conviction in AMD’s strong fundamental position, its increasing...
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Apple Focuses On Alibaba, Baidu Partnership In Race To Bring AI Features To China by Mid-2025
Friday, February 14, 2025 - 10:21am | 690U.S.-listed Chinese stocks continue to gain steam after the country introduced DeepSeek and Alibaba Group Holding’s (NYSE:BABA) affordable AI models. Alibaba Chair Joseph Tsai confirmed to Bloomberg that Apple Inc (NASDAQ:AAPL) iPhones will use Alibaba’s AI technology. Reportedly,...
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Taiwan Semiconductor Eyes US Expansion Amid Push for Bigger Investments and Advanced Chip Production
Friday, February 14, 2025 - 9:11am | 723Taiwan President Lai Ching-te plans to invest more in and trade more with the U.S. while ramping up defense spending to assuage President Donald Trump's concerns over the chip industry. Taiwan is home to the leading contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:TSM), a major...
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Softbank-Backed Arm Holdings 155% Post-IPO Surge Bolstered by AI Growth and Smartphone Integration
Wednesday, February 12, 2025 - 5:35pm | 1028British chip designer Arm Holdings Plc (NASDAQ:ARM) stock has surged over 155% since its September 2023 initial public offering, making way to the Nasdaq 100 index. Arm chip designs mainly cater to smartphones, including Apple Inc’s (NASDAQ:AAPL) iPhone. CEO Rene Haas ...
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Apple Teams Up With Alibaba for AI, Analyst Says Edge Device Integration Could Boost Growth
Wednesday, February 12, 2025 - 1:54pm | 560BofA Securities analyst Wamsi Mohan reiterated a Buy rating on Apple Inc (NASDAQ:AAPL) with a price target of $265. Reportedly, Apple is partnering with Alibaba Group Holdings (NYSE:BABA) to develop AI features for Chinese iPhone users. The companies co-developed Chinese AI features and have...
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Apple's AI Split: Chooses Alibaba For China And OpenAI For Everyone Else
Tuesday, February 11, 2025 - 12:57pm | 635Apple Inc (NASDAQ:AAPL) tapped Alibaba Group Holding (NYSE:BABA) to develop and roll out artificial intelligence features for iPhone users in China, the Information cited an unnamed source familiar with the matter. Apple’s move marks its attempts to consolidate its...
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Taiwan Semiconductor's Trillion-Dollar Valuation: The Chipmaker Enabling AI Boom
Monday, February 10, 2025 - 5:15pm | 1131Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock surged 256% in the last five years as it succeeded in tapping the artificial intelligence boom as a leading contract chipmaker. It manufactures chips for everything from Nvidia Corp (NASDAQ:NVDA) and Broadcom Inc (NASDAQ:AVGO) processors to...
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Google Faces Rising AI Rivals Like Baidu and Yandex But Analyst Sees Search and Ad Growth Holding Strong
Monday, February 10, 2025 - 1:00pm | 691BofA Securities analyst Justin Post maintained a Buy rating on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google with a price target of $225. Statcounter January data indicates that Google’s global search share was up 5bps month-on-month (down 169bps year-on-year) to 89.8%, while Bing’s...
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Broadcom's Trillion-Dollar Run: Analyst Expects ASIC To Take 10%-15% Market Share Backed By AI Compute Demand
Friday, February 7, 2025 - 2:50pm | 1245Application-specific Integrated Circuit (ASIC) vendor Broadcom Inc (NASDAQ:AVGO) entered the trillion-dollar valuation club in 2024, rubbing shoulders with Nvidia Corp (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing Co (NYSE:TSM). Broadcom stock surged over 634% in the last five years and over...
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Walmart Reshapes Workforce, Shuts Offices As It Consolidates Operations
Wednesday, February 5, 2025 - 12:52pm | 672Walmart Inc (NYSE:WMT) downsized its workforce by hundreds and urged its employees to move to central offices in Arkansas or California. The retail giant told its Hoboken, New Jersey, and other smaller office employees to relocate to its headquarters in Bentonville, Arkansas, or Sunnyvale,...
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IMAX Secures Netflix Deal for Exclusive 'Narnia' Theatrical Release, Stock Jumps
Friday, January 17, 2025 - 1:33pm | 543On Friday, IMAX Corp (NYSE:IMAX) announced that it has agreed with Netflix, Inc (NASDAQ:NFLX) to debut Oscar-nominated director Greta Gerwig’s forthcoming film “Narnia” exclusively across the IMAX global theater network with a two-week run beginning Thanksgiving 2026. It...
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Nvidia Continues Strong Demand for Taiwan Semiconductor's Advanced Packaging Despite Technology Shifts
Thursday, January 16, 2025 - 2:59pm | 468Nvidia Corp’s (NASDAQ:NVDA) demand for advanced packaging from Taiwan Semiconductor Manufacturing Co (NYSE:TSM) remains robust despite its evolving technology requirements, Reuters cites Nvidia chief Jensen Huang in response to its order cut plans. Huang voiced plans to employ Chip-On-Wafer-...
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Apple And Nvidia Supplier Taiwan Semiconductor Leads Semiconductor Market with 64% Share
Tuesday, January 14, 2025 - 12:58pm | 827Apple Inc (NASDAQ:AAPL) is finalizing the verification of its “made in America” processor chips from Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) plant in Arizona. The first batch of commercial chips will likely by this quarter, Nikkei Asia reports. The 2020 pandemic...
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Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report
Thursday, January 9, 2025 - 10:30am | 744Nvidia Corp (NASDAQ:NVDA) and rival semiconductor chip companies could be hit with one more embargo from the Biden administration to China to concentrate artificial intelligence technology development with allies and on Washington’s terms. The Biden government weighed a fresh sanction on the...