AMD Unveils Cost-Effective EPYC 4004 Series CPUs For Small Businesses and IT Providers
AMD releases new EPYC 4004 Series CPUs targeting price-sensitive buyers, expected to boost market share & pose competition to Nvidia.
Why Are Chinese Stocks Including Baidu, JD And Others Trading Lower Tuesday?
Bearish bets against BlackRock Inc's iShares China Large-Cap Exchange Traded Fund have reached their highest since October 2020.
Nvidia’s Leading Position Challenged as Industry Giants Support OpenAI’s New Developer Software
NVDA facing competition from rivals like Intel, AMD, Qualcomm, Meta, Microsoft, and Google in AI hardware as they develop software to rival Nvidia's Cuda platform.
ASML and Taiwan Semi Prep for Potential China-Taiwan Conflict with Remote Shutdown Feature
ASML and TSMC can remotely shut down chipmaking machines if China invades Taiwan, raising concerns due to Taiwan's role in global production.
Kanzhun’s Strong Quarter Overshadowed By Broad Sell-Off In Chinese Stocks: Details
Chinese online recruitment platform Kanzhun reported 33.4% revenue increase in Q1 2024, beating analyst estimates. Adjusted EPADS of $0.16 also exceeded expectations.
Despite US-China Tensions, Baidu Boosts Ties with Apple and Tesla For Major Role in AI and Autonomous Tech
Baidu Inc is expanding beyond its traditional search business by forming connections with US tech giants Apple and Tesla, focusing on AI and autonomous driving technologies.
Alibaba and Douyin Partner In Strategic Move to Dominate China’s Midyear Shopping Craze
Alibaba's Taobao and Tmall platforms are teaming up with Douyin to attract users for the Chinese shopping festival. AI is also being used to boost e-commerce.
China’s EV Maker XPeng Speeds Ahead with Strong Revenue Growth, Expects Selling More Than 29K Units In Q2
XPeng Inc reported a 62.3% sales growth in Q1 2024 but missed analyst estimates. Vehicle deliveries increased 19.7% and gross margin improved.
Nvidia Set For Steady Gains With Software-Centric Shift And Blackwell Transition, Analysts Say
Analysts expect strong performance for Nvidia with improved supply. Morgan Stanley analyst Joe Moore reiterated an Overweight rating on Nvidia with a price target of $1,000.
Snap Leverages AI To Boost Snapchat’s Appeal: CEO Evan Spiegel’s Strategy Unveiled
Snap Inc (NYSE: SNAP) investing in AI and machine learning to enhance Snapchat under CEO Evan Spiegel's leadership, leading to positive results.