US-China Tariff Pause Boosts Tech and Chip Stocks
Global technology and chip stocks surged on Monday after the U.S. and China agreed to pause most tariffs on each other’s goods. The trade tensions between the world’s two largest economies had
S&P 500 Extends Strong Start to the Year, Tech Stocks Climb
The S&P 500 rose modestly on Wednesday, continuing a strong start to the week that pushed the benchmark into the green for the year. The broad market index inched up 0.10% to
AI Giants Urge U.S. to Strengthen Infrastructure and Exports
Top executives from major U.S. AI companies, including OpenAI, Microsoft (MSFT.O), and Advanced Micro Devices (AMD.O), testified at a U.S. Senate hearing on Thursday, stressing the importance of boosting infrastructure and championing
AMD Unveils Next-Gen MI400 AI Chips, Competing with Nvidia
AMD’s New Chips and AI Strategy Advanced Micro Devices (AMD) announced details of its next-generation AI chips, the Instinct MI400 series, which will be available in 2025. These chips will be assembled
SoftBank to Acquire Ampere Computing for $6.5 Billion
Deal Expands AI and Semiconductor Investments SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a semiconductor startup specializing in Arm-based server chips, for $6.5 billion. The Japanese conglomerate expects
Intel Stock Rises on Reports of Foundry Sale Talks
Intel (INTC) shares climbed 3% on Wednesday following reports that Taiwan Semiconductor (TSMC) and a group of chipmakers, including Nvidia (NVDA) and AMD (AMD), are in discussions to take over Intel’s struggling