Nvidia CEO feels safe relying on Taiwan for chips:
reuters.com/technology/nvidia-ceo-feels-safe-relying-heavily-taiwan-manufacturing-2023-06-01/
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| Last Updated | Jun 02 23 |
| Total Articles | 7 |
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7 lesser known facts about Jensen Huang, the man who took Nvidia to $1 trillion: As Nvidia temporarily crossed the $1 trillion mark, we take a look at the man ...
indianexpress.com/article/technology/tech-news-technology/7-unknown-facts-about-nvidia-ceo-jensen-huang-8639333/
How to become a programmer easily? According to the head of Nvidia, artificial intelligence can help with this | NEWS.am TECH - Innovations and science
tech.news.am/eng/news/1447/how-to-become-a-programmer-easily-according-to-the-head-of-nvidia-artificial-intelligence-can-help-with-this.html
Nvidia’s CEO just gave a graduation speech about the future of work and said that A.I. won’t steal jobs but ‘someone who’s an expert with A.I. will’
fortune.com/2023/05/31/nvidia-ceo-jensen-huang-graduation-speech-future-of-work-ai/
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7 lesser known facts about Jensen Huang, the man who took Nvidia to $1 trillion: As Nvidia temporarily crossed the $1 trillion mark, we take a look at the man ...
indianexpress.com/article/technology/tech-news-technology/7-unknown-facts-about-nvidia-ceo-jensen-huang-8639333/
How to become a programmer easily? According to the head of Nvidia, artificial intelligence can help with this | NEWS.am TECH - Innovations and science
tech.news.am/eng/news/1447/how-to-become-a-programmer-easily-according-to-the-head-of-nvidia-artificial-intelligence-can-help-with-this.html
Nvidia’s CEO just gave a graduation speech about the future of work and said that A.I. won’t steal jobs but ‘someone who’s an expert with A.I. will’
fortune.com/2023/05/31/nvidia-ceo-jensen-huang-graduation-speech-future-of-work-ai/
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From philanthropy to love for biker jackets, here are some facts about Nvidia CEO Jensen Huang | Mint
livemint.com/companies/people/from-philanthropy-to-love-for-biker-jackets-lesser-known-facts-about-nvidia-ceo-jensen-huang-11685624113665.html
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Nvidia acquires AI workload management startup Run:ai for $700M, sources say: Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for ...
techcrunch.com/2024/04/24/nvidia-acquires-ai-workload-management-startup-runai/
TSMC aims to produce ultra-advanced 1.6-nm chips by 2026 : TAIPEI -- Taiwan Semiconductor Manufacturing Co. says it will start production of ultra-advanced ...
asia.nikkei.com/Business/Tech/Semiconductors/TSMC-aims-to-produce-ultra-advanced-1.6-nm-chips-by-2026
Paid articlePaidQuick Glance: TSMC to Produce Ultra-Advanced 1.6-nm Chips by 2026
- Taiwan Semiconductor Manufacturing Co. announced at the North America Technology Symposium in California that it will start production of ultra-advanced 1.6-nanometer chips by 2026 to secure its leadership over the next decade.
- TSMC unveiled its A16 technology at the symposium, emphasizing that the introduction of 1.6-nm chipmaking technology can greatly improve logic chip density and performance.
Nvidia Agrees to Buy Software Provider Run:AI: Nvidia on Wednesday said it has agreed to acquire Run:ai, a Tel Aviv-based provider of artificial intelligence ...
barrons.com/articles/nvidia-stock-nvda-run-ai-d4ccd67c
Paid articlePaid Taiwan rattled by dozens of quakes, but no major damage: Taiwan's quake-hit eastern county of Hualien was rattled by more than 200 aftershocks late on Monday and ...
reuters.com/world/asia-pacific/taiwan-rattled-by-dozens-quakes-no-major-damage-2024-04-23/
TSMC evacuated cleanroom staff during earthquake aftershocks up to magnitude 6.3 on Tuesday
tomshardware.com/tech-industry/tsmc-evacuated-cleanroom-staff-during-earthquake-aftershocks-up-to-magnitude-63-on-tuesday
Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
TSMC to charge premium for making chips outside of Taiwan, including its new US fabs, CEO says
tomshardware.com/tech-industry/tsmc-to-charge-premium-for-making-chips-outside-of-taiwan-including-its-new-us-fabs-ceo-says
Quick Glance: TSMC Forecasts Q2 Growth Due to 'Insatiable' AI Demand
- TSMC, the world's largest chipmaker, forecasts a potential up to 30% increase in sales in the second quarter, driven by strong demand for semiconductors used in artificial intelligence (AI).
- The CEO of TSMC emphasized the insatiable demand for energy-efficient computing power for AI applications, stating that almost all AI innovators are collaborating with the company.
- Benefiting from the AI wave, TSMC expects revenue from AI servers to surpass 20% by 2028. The company anticipates that strong demand for its 3nm and 5nm technologies will support business in the second quarter of 2024.
- Forecasts for 2024 indicate TSMC's positive outlook, with expectations of revenue rising in the low- to mid-20% range. Despite sluggish smartphone demand, the company remains optimistic about the future due to the ongoing demand for advanced chip technologies.
Nvidia is also there: Will these 2 AI stocks actually crash by up to 65% soon?: On Friday, AI stocks like Nvidia suffered a severe setback on the stock exchanges ...
boerse-online.de/nachrichten/aktien/auch-nvidia-ist-dabei-stuerzen-diese-2-ki-aktien-tatsaechlich-bald-um-bis-zu-65-ab-20355935.html
Chinese may be evading Nvidia GPU sanctions with Dell, Gigabyte, and Supermicro servers: Report
tomshardware.com/pc-components/gpus/chinese-may-be-evading-nvidia-gpu-sanctions-with-dell-gigabyte-and-supermicro-servers-report
TSMC Will Charge Its Customers More for US-Made Chips: US-made chips will be more expensive than those made in Taiwan, and customers will have to pay extra for ...
extremetech.com/computing/tsmc-will-charge-its-customers-more-for-us-made-chips
Nvidia Down 10%, Time To Buy Tech: The stock market has been experiencing unusual volatility in the past few weeks. Click here to read why high-flying stocks ...
seekingalpha.com/article/4685003-nvidia-down-10-percent-time-to-buy-tech
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China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reuters.com/world/china/china-acquired-recently-banned-nvidia-chips-super-micro-dell-servers-tenders-2024-04-23/
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
AI Bubble? Why This Veteran Nvidia Analyst Isn't Worried.: A veteran Nvidia stock analyst with Bernstein Research explains why he’s not that worried about ...
investors.com/news/technology/ai-stocks-artificial-intelligence-nvidia-stock-analyst/
Chip stocks face correction as TSMC cuts industry outlook: TOKYO -- Semiconductor stocks worldwide are retreating from their recent surge as investors ...
asia.nikkei.com/Business/Tech/Semiconductors/Chip-stocks-face-correction-as-TSMC-cuts-industry-outlook
Paid articlePaid TSMC's labor practices draw serious concern in Arizona — the company's new chip plant allegedly plagued by worker abuses
tomshardware.com/tech-industry/tsmcs-labor-practices-draw-serious-concern-in-arizona-the-companys-new-chip-plant-allegedly-struck-by-worker-abuses
Nvidia Blackwell and GeForce RTX 50-Series GPUs: Rumors, specifications, release dates, pricing, and everything we know
tomshardware.com/pc-components/gpus/nvidia-blackwell-rtx-50-series-gpus-everything-we-know
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reut.rs/4d6PnFn
Top AI expert sees double-digit price opportunity: That's why joining Nvidia is still worth it
boerse-online.de/nachrichten/aktien/top-ki-experte-sieht-zweistellige-kurschance-darum-lohnt-sich-der-einstieg-bei-nvidia-noch-immer-20355771.html
Nvidia Stock Rises. Why Analysts See an Opportunity in the Chip Maker’s Fall.
barrons.com/articles/nvidia-stock-price-buy-sell-9ab2eafc
Paid articlePaid AMD Has a New Bull, and Is Coming for Nvidia’s AI Lunch
barrons.com/articles/amd-stock-nvidia-ai-upgrade-5760ee3c
Paid articlePaid Orsted says Taiwan wind project to power TSMC on track for 2025 finish: Denmark's Orsted , the world's biggest offshore wind farm developer, said on Wednesday a ...
reuters.com/business/energy/orsted-says-taiwan-wind-project-power-tsmc-track-2025-finish-2024-04-24/
Nvidia Won AI’s First Round. Now the Competition Is Heating Up.: Amazon.com, Google, Meta Platforms, AMD, and Intel have big ambitions in AI chips.
barrons.com/articles/ai-nvidia-chips-40bc6704
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Nvidia is buying an Israeli AI software startup that makes AI chips more efficient
qz.com/nvidia-buying-ai-software-startup-run-ai-1851432821
Vietnam's FPT to invest $200 mln in AI factory using Nvidia chips: Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory ...
reuters.com/technology/vietnams-fpt-invest-200-mln-ai-factory-using-nvidia-chips-2024-04-23/
Nvidia (NVDA) Traders Eye Call Option Play as Stocks Retreat From Highs: Hedging against big swings in Nvidia Corp.’s share price with options is expensive ...
bloomberg.com/news/articles/2024-04-23/wary-nvidia-nvda-traders-eye-call-option-play-ahead-of-earnings
Paid articlePaid TSMC says 'A16' chipmaking tech to arrive in 2026, setting up showdown with Intel
reuters.com/technology/tsmc-says-a16-chipmaking-technology-will-start-production-late-2026-2024-04-24/
Nvidia Stock Plummets In Broad Market Sell-Off: Nvidia stock plunged Friday, falling sharply below its 50-day average as the broader market retreated in a major ...
investors.com/news/technology/nvidia-stock-sell-off-nvda/
Bloomberg Evening Briefing: Wall Street Ends the Week in a ‘Tech Wreck’: Get caught up.
bloomberg.com/news/newsletters/2024-04-19/bloomberg-evening-briefing-wall-street-ends-the-week-in-a-tech-wreck
Banned Nvidia GPUs sneak into sanction-busting Chinese servers: Graphics giant and partners say they're clean - it's all technically legit
theregister.com/2024/04/23/china_banned_nvidia_gpus/
Ampere rides again as Nvidia unveils single-slot RTX A1000 and A400 for professionals — the latter featuring a massively cut-down GA107 chip
tomshardware.com/pc-components/gpus/ampere-rides-again-as-nvidia-unveils-single-slot-rtx-a1000-and-a400-for-professionals-the-latter-featuring-a-massively-cut-down-ga107-chip
Nvidia Stock Rises. What Taiwan Semi’s Earnings Mean for the Chip Maker.: Nvidia stock was gaining early on Thursday, following positive message about demand for ...
barrons.com/articles/nvidia-stock-price-buy-sell-c70d527a
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The Dow jumps 250 points as Big Tech recovers but Tesla sinks: AI chipmaker Nvidia bounced back from last week’s steep decline and was among the top performers
qz.com/dow-jones-stocks-tesla-nvidia-microstrategy-coinbase-1851427256
Micron set to get over $6 bn in chips' grants in announcement next week: After the preliminary agreement is announced, Micron would enter months of due diligence ...
business-standard.com/world-news/micron-set-to-get-over-6-bn-in-chips-grants-in-announcement-next-week-124041800068_1.html
Five Things You Need to Know to Start Your Day: Americas: Good morning. US stocks are set to recover after a tech-led selloff which slashed Nvidia’s market value ...
trib.al/8heXAvq
Samsung Imposes 6-Day Workweeks for Execs to Combat 'Crisis': Samsung is reportedly requiring its executives to work six days a week 'to inject a sense of ...
pcmag.com/news/samsung-imposes-6-day-workweeks-for-execs-to-combat-crisis
Quick Glance: Samsung Executives: New Work Schedule and Economic Challenges
- Samsung Group is introducing a six-day workweek for executives in response to economic challenges and disappointing results in 2023.
- The sudden change aims to create a sense of urgency and promote efforts to overcome the situation. The new work schedule takes effect immediately in most of Samsung's technology divisions.
- The work culture in South Korea is renowned for its intensity. In 2022, the average worker spent 1,901 hours at work.
- Recent data shows that Samsung has regained the top position in global smartphone shipments. First-quarter 2024 results are expected on April 30.
Morning Bid: Big Tech swoons as Q1s lurk, Nvidia decimated: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-22/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
China secures state-of-the-art AI chips through the back door: The US government is trying to prevent the export of special processors optimized for artificial ...
faz.net/aktuell/wirtschaft/kuenstliche-intelligenz/china-sichert-sich-hochmoderne-ki-chips-durch-die-hintertuer-19672828.html
Vertiv Surges On Earnings. It's A Good Sign For AI Stocks.: Data-center coolant systems specialist Vertiv soared Wednesday on strong earnings ...
investors.com/news/vertiv-spikes-on-earnings-ai-stocks-nvidia-super-micro/
Will Earnings From These 10 AI Stocks Live Up to the Hype?: What to watch for in Q1 reports from Nvidia, Microsoft, Amazon, Broadcom, and more.
morningstar.com/markets/ai-stocks-what-watch-q1-earnings-reports
TSMC's shares slide nearly 7% in Taipei on global chip outlook concerns: TSMC's Taipei-listed shares tumbled 6.7% on Friday following the company's first-quarter ...
reuters.com/technology/tsmcs-taipei-listed-shares-drop-4-after-q1-results-2024-04-19/
If Nvidia Stock Slips, These 15 Tech Stocks May Be Good Hedges
barrons.com/articles/nvidia-stock-hedges-tech-growth-8d4d5895
Paid articlePaid Chips Stocks Fall Into Correction on Rates, China Demand Worries: A gauge of global chip stocks and AI bellwether Nvidia Corp. have fallen together into a ...
trib.al/oqmfyp9
AI Stocks: Data Stocks Target Next Wave Of AI Spending: AI stocks extend well beyond Nvidia. Data software players like MongoDB, Elastic and Confluent are poised ...
investors.com/news/technology/ai-stocks-artificial-intelligence-mongodb-confluent-elastic-nvidia/
Super Micro Computer plunges 23%, dragging Nvidia and other AI stocks down with it
qz.com/super-micro-computer-stock-nvidia-micron-technology-amd-1851423394
Paid articlePaid Nvidia Stock Rises. Why Analysts See a Short-Term Opportunity for More Gains.: Nvidia was rising early on Monday. The chip maker's rally has levelled off over ...
on.barrons.com/4aX53Jh
Nvidia drops 10% as investors see risk in Big Tech shares: US stock markets suffer their worst run since October 2022 as investors pull back from AI bets
ft.com/content/e7d5852e-a310-470f-a26e-d31fa205e9a0
Biden Is Giving Samsung $6.4 Billion to Build US Chip Factories: After awarding billions to Intel and TSMC, the White House is also subsidizing Samsung's Texas ...
uk.pcmag.com/processors/151857/biden-is-giving-samsung-64-billion-to-build-us-chip-factories
TSMC powers parts of Taipei with backup generators — Taiwan requests help as blackouts begin
tomshardware.com/tech-industry/tsmc-powers-parts-of-taipei-with-backup-generators-taiwan-requests-help-as-blackouts-begin
Nvidia Sinks, Exposing 8 'Secrets' For When To Sell Stocks: As top growth stocks like Nvidia fall below key moving averages, keep in mind these proven ...
investors.com/how-to-invest/when-to-sell-stocks-nvidia-nvda-stock/
Nvidia blames Intel for GPU VRAM errors, tells GeForce gamers experiencing 13th or 14th Gen CPU instability to contact Intel support
tomshardware.com/pc-components/cpus/nvidia-blames-intel-for-gpu-vram-errors-tells-geforce-gamers-experiencing-13th-or-14th-gen-cpu-instability-to-contact-intel-support
The Dow jumps 250 points as Big Tech recovers but Tesla sinks: AI chipmaker Nvidia bounced back from last week’s steep decline and was among the top performers
qz.com/dow-jones-stocks-tesla-nvidia-microstrategy-coinbase-1851427256
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook: Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip ...
wsj.com/tech/tsmc-shares-fall-after-downgrading-2024-global-chip-outlook-f98a3577
Intel's neuromorphic 'owl brain' swoops into Sandia labs: Hala Point system crams more than a thousand neurochips into a 6U chassis to tackle real-time AI
theregister.com/2024/04/17/intel_hala_point_neuromorphic_owl/
Intel & The Pentagon Deepen Ties To Develop World’s Most Advanced Chips : Intel and the Pentagon have deepened their partnership to develop the latest chips in ...
wccftech.com/intel-the-pentagon-deepen-ties-to-develop-worlds-most-advanced-chips/
Stock Market Today: Dow, S&P Live Updates for April 23: Asian stocks rose after US shares rebounded from a $2 trillion selloff on optimism big tech leaders will ...
bloomberg.com/news/articles/2024-04-22/stock-market-today-dow-s-p-live-updates
Paid articlePaid Hottest April Temperatures on Record Scorch Southern Taiwan: Temperatures soared to record highs in parts of southern Taiwan over the weekend ...
bloomberg.com/news/articles/2024-04-22/hottest-april-temperatures-on-record-scorch-southern-taiwan
Apple, Nvidia & Co: Billionaire Ken Fisher is super bullish on these tech stocks: Ken Fisher is bullish on tech stocks in 2023, with top positions in Apple ...
boerse-online.de/nachrichten/zertifikate/apple-nvidia-co-milliardaer-ken-fisher-ist-super-bullisch-fuer-diese-tech-aktien-20355619.html
Intel Completes Assembly of World's First High-NA Lithography Machine: The company says it's now calibrating the device so it can begin cranking out wafers,.
extremetech.com/computing/intel-completes-assembly-of-worlds-first-high-na-lithography-machine
Jim Keller suggests Nvidia should have used Ethernet to stitch together Blackwell GPUs — Nvidia could have saved billions
tomshardware.com/tech-industry/artificial-intelligence/jim-keller-suggests-nvidia-should-have-used-ethernet-to-stitch-together-blackwell-gpus
TSMC says global tech recovery 'not fast enough' despite AI boom: TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Thursday said the recovery in the ...
asia.nikkei.com/Business/Tech/Semiconductors/TSMC-says-global-tech-recovery-not-fast-enough-despite-AI-boom
Paid articlePaid Morning Bid: Tech becalmed, April PMIs start rolling in: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-22/
India 'considering deal' with Nvidia to get GPUs for national AI mission: Powerful chips will be provided to local startups, researchers, academic institutions ...
business-standard.com/companies/news/india-considering-deal-with-nvidia-to-get-gpus-for-national-ai-mission-124041700194_1.html
Nvidia Got Some Good News From Elon Musk. Here’s What’s Driving the Stock.: Tesla CEO Elon Musk talked about demand for Nvidia chips. It should quell fears that ...
barrons.com/articles/nvidia-stock-price-buy-sell-elon-musk-tesla-925f6055
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Nvidia CEO Jensen Huang Sees AI as the Great Equalizer: Nvidia CEO Jensen Huang described AI as tech’s “single greatest contribution to social elevation.”
on.barrons.com/4azFX3A
TSMC first-quarter profit expected to rise 5% on strong AI chip demand: Taiwan Semiconductor Manufacturing Co , , the dominant producer of advanced chips used in ...
reuters.com/technology/tsmc-first-quarter-profit-expected-rise-5-strong-ai-chip-demand-2024-04-16/
Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash: Serve Robotics, the Uber and Nvidia-backed sidewalk robot delivery company ...
techcrunch.com/2024/04/18/uber-nvidia-backed-serve-robotics-hits-public-markets-with-40m-splash/
'Enhanced' Nvidia A100 GPUs appear in China's second-hand market — new cards surpass sanctioned counterparts with 7,936 CUDA cores and 96GB HBM2 memory
tomshardware.com/pc-components/gpus/enhanced-nvidia-a100-gpus-appear-in-chinas-second-hand-market-new-cards-surpass-sanctioned-counterparts-with-7936-cuda-cores-and-96gb-hbm2-memory
TSMC stock drop: Options traders bet on more losses amid 13% sell-off: The world's biggest chipmaker, which is a bellwether for the global semi producers ...
markets.businessinsider.com/news/stocks/tsmc-stock-price-share-selloff-put-options-tech-outlook-chipmaker-2024-4
U.S. blacklists Intel's and Nvidia's key partner in China — three other Chinese firms also included in the blacklist for helping the military
tomshardware.com/tech-industry/semiconductors/us-blacklists-intels-and-nvidias-key-partner-in-china
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand: This comes after SK Hynix posted net losses for five consecutive quarters from ...
cnbc.com/2024/04/25/nvidia-supplier-sk-hynix-reverses-losses-in-first-quarter-on-ai-demand.html
Quick Glance: SK Hynix Anticipates Full Chip Recovery Post Q1 Profit Surprising AI Boom
- SK Hynix anticipates a complete recovery in memory chips due to AI demand, achieving its highest profit in nearly two years by selling advanced DRAM chips with High Bandwidth Memory (HBM) for generative AI chipsets.
- The company surpassed expectations for an operating profit of 1.88 trillion won by LSEG SmartEstimate, stating that the memory market is entering a full recovery cycle.
- SK Hynix is the biggest beneficiary of the explosive increase in AI adoption, serving as the main supplier of HBM chips for Nvidia's graphic processing units training AI systems.
- To outpace competition, SK Hynix announced a $3.87 billion investment to construct an advanced chip packaging plant in Indiana with an HBM chip line and research and development for AI products.
Intel's effort to build a foundry biz is costing far more – and taking longer – than expected
theregister.com/2024/04/16/intel_foundry_vision/
Nvidia GPU Partners Expect RTX 5090, 5080 to Launch Later This Year: The company is rumored to launch 50-Series RTX GPUs earlier than expected.
extremetech.com/gaming/nvidia-gpu-partners-expect-rtx-5090-5080-to-launch-later-this-year
Intel details Gaudi 3 at Vision 2024 — new AI accelerator sampling to partners now, volume production in Q3
tomshardware.com/pc-components/cpus/intel-details-guadi-3-at-vision-2024-new-ai-accelerator-sampling-to-partners-now-volume-production-in-q3
Don't think all Nvidians are now rich, says one engineer : Nvidia's share price has surged in recent months on the AI boom, but that doesn't mean all employees ...
businessinsider.com/nvidia-stock-surge-not-all-employees-rich-engineer-jensen-huang-2024-4
Stock market today: S&P 500 hits 4-day losing streak as tech drops: The S&P 500 notched its fourth-straight day of losses as Nvidia, Meta, and other tech names ...
markets.businessinsider.com/news/stocks/stock-market-today-sp500-tech-fed-rate-cuts-outlook-inflation-powell-2024-4
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Here's Your 'Second Chance' To Own 7 Leading Stocks Like Nvidia: Tired of listening to your neighbors bragging about all their winning S&P 500 ...
investors.com/etfs-and-funds/sectors/sp500-your-second-chance-to-own-7-leading-stocks-like-nvidia/
SK Hynix partners with TSMC to develop advanced AI chips: SEOUL/TAIPEI -- SK Hynix and Taiwan Semiconductor Manufacturing Co. aim to jointly develop advanced ...
asia.nikkei.com/Business/Technology/SK-Hynix-partners-with-TSMC-to-develop-advanced-AI-chips
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