Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
Apple shares fell after Jefferies cited challenges in efforts to sell higher-priced iPhone models and raise the company’s average selling price.
THE APEX TIMES
THE APEX TIMES
A recent report says AMD’s planned/announced purchase of Taalas is intended to add specialized AI inference silicon, positioning the company to improve performance and energy efficiency as the market shifts from model training to running models at scale.
THE APEX TIMES
The plan, described as a large-scale financing effort aimed at AI data-center buildouts, is still at the reporting stage, with key terms and participating firms not yet disclosed publicly.
THE APEX TIMES
A rise in Oracle’s stock lifted Larry Ellison’s fortune Monday, helping him move ahead of NVIDIA’s Jensen Huang even as NVIDIA shares fell, according to Forbes and Yahoo Finance.
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The company is preparing to introduce its Maia 300 AI accelerator this fall and is reportedly working to secure more manufacturing capacity, a move aimed at reducing dependence on third-party high-end chips.
THE APEX TIMES
The decision, reported on Monday, clears the way for large-scale claims targeting product design and engagement features across major social platforms, including Meta, Alphabet’s Google, and ByteDance’s TikTok.
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The chipmaker said it plans to raise $15 billion through a new underwritten public offering of common stock, a move that weighed on trading as investors assessed dilution and use of proceeds.
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A market round-up tied early trading pressure to energy price gains and renewed uncertainty around iPhone demand, even as an “AI play” helped some investors look past short-term tech jitters.
THE APEX TIMES
Bank of America analysts said Nvidia is positioned to top expectations for fiscal second-quarter revenue and to offer guidance that supports the stock’s outlook, ahead of the company’s next earnings update.
