Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where a
Broadcom is the IBD Stock Of The Day as shares of the fabless chipmaker and infrastructure software provider show strength in a turbulent market.
Michael Dell thinks his fellow technology founders need more tailored advice. BDT & MSD, the merchant bank whose advisory board he chairs, is expanding its business to help them get it.The firm is hiring Ryan Nolan,
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and SoftBank are leading the newly announced Stargate initiative under President Trump — a project aiming to invest $500 billion into AI frameworks over the coming years.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and SoftBank are leading the newly announced Stargate initiative under President Trump -- a project aiming to invest $500 billion into AI frameworks over the coming years.
"We expect CapEx growth in 2025 will be driven by increased investment to support both our generative AI efforts and our core business. The majority of our CapEx in 2025 will continue to be directed toward our core business," said Meta's CFO Susan Li on the company's fourth quarter earnings call on Wednesday.
Synaptics ® Incorporated (Nasdaq: SYNA) announced it has accelerated its Edge AI strategy by signing a definitive licensing agreement with Broadcom that includes Wi-Fi ® 8, ultra-wideband (UWB), Wi-Fi 7,
A week after the inauguration, the Chinese AI startup DeepSeek wiped billions from the fortunes of some of America's wealthiest tech billionaires.
A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares that has propelled the market higher.
Anxiety over a Chinese startup's threat to American artificial intelligence dominance eased somewhat Wednesday as focus turned to the Federal Reserve’s rate decision due later in the day.
U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.
"The narrative on Monday was that the eye-watering sums spent on AI capex by mega-cap tech companies could be somewhat obsolete if a cheaper solution exists," analysts at BCA Research said in a note.