chips

El Salvador, under the presidency of Nayib Bukele, placed an order for Nvidia Corp.'s (NASDAQ:NVDA) B300 chips, a powerful artificial intelligence processor that is not yet available to most of the world. What Happened: The deal was forged with Hydra Host, a high-performance AI infrastructure firm...

Reflecting the surging tide of artificial intelligence, Wedbush Securities analyst Dan Ives has raised his price target for Microsoft Corp. (NASDAQ:MSFT) to $600, up from an earlier estimate of $425, citing a “massive adoption wave” of AI-driven Azure services. What Happened: The...

Shares of Advanced Micro Devices Inc. (NASDAQ:AMD) jumped by nearly 9%, moving above the key support level after seven months on Monday. This was driven by a possible partnership with Amazon.com Inc.‘s (NASDAQ:AMZN) Amazon Web Services (AWS). What Happened: On Monday, AMD gained 8.81% to jump...

All eyes will be on Nvidia Corp. (NASDAQ:NVDA) this Wednesday after market close, with Wall Street intensely focused on whether the AI-chip giant can justify its rise amid rising geopolitical and regulatory headwinds, especially from President Donald Trump's recent China tariffs and restrictions....

The insatiable demand for Nvidia Corp.’s (NASDAQ:NCDA) cutting-edge GB200 and upcoming GB300 systems is driving an unprecedented acceleration in production, according to Clark Tang, a Partner at Altimeter Capital, who recently spent a week engaging with the chipmaker’s supply chain...

China has threatened legal action against any individual or organization assisting with or implementing U.S. semiconductor restrictions, escalating tensions in the ongoing tech rivalry between the world’s two largest economies. What Happened: China’s commerce ministry said there could...

CNBC’s Jim Cramer lauded the artificial intelligence deals announced after the U.S.-Saudi Investment Forum and touted Gulf countries to be future hyperscalers. What Happened: According to an X post by Cramer, he said, “I am convinced that the Gulf countries will, when put together,...

CoreWeave Inc. (NASDAQ:CRWV), a cloud platform purpose-built for artificial intelligence workloads, has announced a leap in its technological leadership, becoming the first to deploy Nvidia Corp.‘s (NASDAQ:NVDA) cutting-edge GB200 Grace Blackwell systems at scale during the first quarter of...

Wedbush analyst Daniel Ives praised the upcoming ‘AI Revolution’ in Saudi Arabia and the Middle East after the U.S.-Saudi Investment Forum on Tuesday, which saw a slew of announcements on the artificial intelligence front. What Happened: The Jensen Huang-led chipmaker announced a new...

Jack Dorsey, CEO of Block Inc. (NYSE:XYZ), expressed excitement about the upcoming delivery of the firm’s first Bitcoin (CRYPTO: BTC) mining hardware on Thursday, developed as part of its mining products suite, Proto. What Happened: During the company’s first-quarter earnings call...

On Wednesday, Cathie Wood-led Ark Invest increased its exposure to NVIDIA Corp (NASDAQ:NVDA) and Advanced Micro Devices Inc (NASDAQ:AMD). These trades come amid ongoing challenges in the semiconductor industry, particularly with U.S. sanctions affecting chip sales to China. The Nvidia Trade saw Ark...

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving major tech companies. The firm increased its holdings in NVIDIA Corp (NASDAQ:NVDA) and Advanced Micro Devices Inc (NASDAQ:AMD), while also making notable moves with Airbnb Inc (NASDAQ:ABNB) and Microsoft Corp (NASDAQ:MSFT)....

U.S. major indices traded lower at midday Wednesday, pressured by sharp declines in tech and semiconductor stocks after Washington tightened chip export restrictions to China. The U.S. government has barred Nvidia Corp. (NASDAQ:NVDA) from selling its H20 chips to China — a move that could wipe out...

Billionaire entrepreneur Mark Cuban addressed President Donald Trump‘s tariff exemption strategy on electronics, suggesting it could generate billions in revenue for the United States, while also outlining the potential market shifts it could trigger. What Happened: Cuban’s comments...

Leading chip manufacturer Intel Corp. (NASDAQ:INTC) entered the Bitcoin (CRYPTO: BTC) mining hardware market with its Blockscale chip line but ended it after only a year of operation. What Happened: In April 2022, Intel launched Blockscale, a set of application-specific integrated circuits designed...