Tech Archives - Page 67 of 1385

3 minute read

Semiconductor Surge: JPMorgan Bets AMD, Micron, Arm Will Drive Industry Optimism And AI Demand

May 23, 12:09 PM

Semiconductor industry entering upcycle, demand for AI and accelerated compute strengthening. Optimism about revenue prospects and cyclical improvements.

ALAB

2 minute read

Scarlett Johansson’s Feud With OpenAI ‘Puts A Human Face’ On Hollywood’s AI Fears

By Rounak Jain

May 23, 11:37 AM

The ongoing dispute between Scarlett Johansson and OpenAI has rekindled Hollywood's apprehension about the potential threat of AI.

MSFT

3 minute read

US Business Activity Resurges In May, Largest Rise In 2 Years, But Return To ‘Fed’s 2% Target Still Seems Elusive’

By Piero Cingari

May 23, 11:26 AM

US economy surges but input costs raise concerns about returning to Fed's inflation target. GDP projected to grow 3.6% in Q2. PMIs show expansions in services & manufacturing.

GLD

1 minute read

What’s Going On With Dell Stock On Thursday?

By Anusuya Lahiri

May 23, 11:19 AM

Dell Tech (DELL) trading higher as AI stocks rise in sympathy with Nvidia (NVDA). Dell and Ericsson (ERIC) partner for telecom network cloud transformation.

DELL

2 minute read

Google Accelerates India Manufacturing Plans, Chooses Tamil Nadu: Report

By Shivani Kumaresan

May 23, 10:48 AM

Alphabet Inc's (NASDAQ:GOOGL) Google is investing significantly in Tamil Nadu, India, to establish new smartphone production lines for its Pixel phones with Foxconn Technology Co Ltd (OTC:FXCOF). Additionally, Google's Wing subsidiary will produce drones in the same region, marking a major boost for Tamil Nadu's manufacturing sector and aligning with global tech shifts from China.

AAPL

2 minute read

Kia, Hyundai And Worksport Defy The EV Slowdown Trend

By Upwallstreet

May 23, 10:47 AM

On Thursday, Kia Corporation launched its first compact electric sports utility vehicle.

2 minute read

Comcast Plans $138M Fiber Network Expansion In Utah

By Nabaparna Bhattacharya

May 23, 10:31 AM

Comcast invests $138M in Utah for fiber network expansion, Governor Cox highlights economic future-proofing, as part of a broader digital opportunity initiative.

CMCSA

1 minute read

Stock Market Reclaims Record Highs, Nvidia Tops $1,000 As AI-Driven Rally Resumes: Thursday’s Top Movers

By Piero Cingari

May 23, 10:07 AM

Wall Street opens with record highs on Nvidia's strong earnings and guidance, S&P 500 and Nasdaq 100 surge, while technology stocks lead the gains.

AMAT

2 minute read

While Jensen Huang Is Bullish About Nvidia’s Future, Report Says His $2.5 Trillion Booming AI Business Faces Challenges From Rivals And Market Dynamics

By Rounak Jain

May 23, 9:51 AM

Nvidia has been experiencing a period of exceptional growth, but potential challenges are looming that could impact its position as a leader in the AI market.

NVDA

2 minute read

US Commerce Department Grants $75M To Absolics For Semiconductor Facility In Georgia

By Shivani Kumaresan

May 23, 9:14 AM

The U.S. Commerce Department has awarded Absolics Inc a $75 million grant to build a 120,000 square-foot facility in Covington, Georgia, under the CHIPS and Science Act. This investment will boost U.S. semiconductor technology by advancing glass substrate technology for semiconductor packaging. Expected to create 1,200 jobs, this initiative supports the $52.7 billion government effort to enhance semiconductor manufacturing and development.

AMAT