In today’s video, I discuss recent updates impacting Intel (NASDAQ: INTC). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of March 12, 2024. The video was published on March 15, 2024. Should you invest $1,000 in Intel right now? […]
WASHINGTON (Reuters) -President Joe Biden and Commerce Secretary Gina Raimondo plan next week in Arizona to unveil a multi-billion-dollar award for Intel to expand its chip production in the United States, two people familiar with the matter said on Thursday. Intel, which has chip production facilities in Chandler, Arizona, has invited customers and suppliers to […]
(Reuters) – Chinese companies Huawei Technologies and Semiconductor Manufacturing International Corp used US technology to produce an advanced chip in China in 2023, Bloomberg News reported, citing people with knowledge of the matter. SMIC used technology from California’s Applied Materials Inc and Lam Research Corp to develop an advanced 7-nanometer chip for Huawei last year, […]
In a recent push to adapt to changing consumer habits and economic pressures, major food conglomerates WK Kellogg Co. and PepsiCo Inc. are reimagining dinner plates across the nation. With grocery prices surging by 25% over the past four years, these companies suggest that traditional dinner options could take a backseat to more unconventional choices […]
In today’s video, I discuss recent updates affecting Apple (NASDAQ: AAPL), Advanced Micro Devices (NASDAQ: AMD), and Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Feb. 29, 2024. The video was published on March 1, […]
Nvidia (NASDAQ: NVDA) stock’s stunning rally since the beginning of 2023 was primarily driven by the rapid growth of the company’s data center business, which benefited from the booming demand for its artificial intelligence (AI) graphics cards. In the company’s recently concluded fiscal year 2024 (which ended on Jan. 28), the data center business produced […]
(Reuters) – Micron Technology has started mass production of its high-bandwidth memory semiconductors for use in Nvidia’s latest chip for artificial intelligence, sending its shares up more than 4% before the bell on Monday. The HBM3E (High Bandwidth Memory 3E) will consume 30% less power than rival offerings, Micron said, and could help tap into […]
In today’s video, I discuss recent updates impacting Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Feb. 21, 2024. The video was published on Feb. 21, 2024. Where to […]
CULVER CITY, Calif. — After the Supreme Court struck down President Joe Biden’s plan to cancel billions of dollars in student loan debt, borrowers wondered how he would make good on his promise to tackle debt burdening millions of Americans. The answer: He would do it bit by bit. Biden on Wednesday canceled $1.2 billion […]
SANTA CLARA, Calif. (AP) — Nvidia Corp., which has seen its value skyrocket over the past year thanks to soaring demand for its graphics chips used for artificial intelligence, posted stronger-than-expected results Wednesday for its latest quarter, with its revenue more than tripling from a year earlier. Nvidia reported revenue for its fiscal fourth quarter […]
The U.S. government on Monday said it will give GlobalFoundries (GFS) $1.5 billion as part of the U.S. CHIPS and Science Act to boost domestic chip manufacturing. That comes amid reports that the Biden administration could provide more than $10 billion in funding to Intel (INTC). X GlobalFoundries will use the funds to expand and […]
WASHINGTON (AP) — The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement is the third award of direct financial support for a semiconductor company under the 2022 CHIPS and Science Act. The law […]