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Apple sets a new historic high! Broadcom once rose more than 6% during the session, reporting that the two will collaborate to develop AI Chips.
Apple is collaborating with Broadcom to develop the networking technology for this chip, which is a key component for AI processing. This chip, codenamed Baltra, is expected to enter mass production in 2026 and will be for internal use only, not as a Consumer product.
Broadcom Shares Are Trading Higher Following a Report Indicating Apple Is Working on an AI Chip With the Company.
What's Next: Broadcom's Earnings Preview
Futu Morning Report | Focus on tonight's CPI report! It may become a key factor affecting next week's interest rate decision; Google surged more than 5%! Its quantum chip drove all Concept stocks to soar, with RGTI rising over 45%.
How much computing power does the agent need? Barclays: over 70% of total computing demand, with expenditures amounting to 300 billion; stock prices surged nearly 18%! Reports suggest that USA pharmacy giant Walgreens is in talks with private equity firms for a sale; Bitcoin briefly fell below 95,000 USD! Microsoft Shareholders voted against the Bitcoin investment proposal, stating that returns cannot be guaranteed.
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The AI giants are no longer pretending! The ROI of enterprise-side applications has emerged, and in the end, it still results in "layoffs."
Microsoft's executives stated that some AI tools are one of the reasons the company was able to maintain its sales growth rate after laying off 10,000 employees last year, and encouraged salespeople to use this example to attract customers. The Chief Marketing Officer said, "We are able to increase the processing capability of each customer service agent by 12% through Copilot. This means we do not need to hire so many people."
Customized AI Chips are coming on strong! The Technology sector challenges NVIDIA's throne, and these three giants are the first to strike.
After the explosive popularity of ChatGPT, NVIDIA GPU products are "simply" unavailable, and many companies rely on Server CPUs and ASIC chips to meet users' computing power demands for AI training and inference.
US Rep. Jared Moskowitz Discloses Buys of Several Mag 7 Stocks
Broadcom Likely For Upside Backed By AI Pipeline, Market Recovery, VMWare Synergy: Analyst
Thanks to ai chip, the market cap has exceeded 100 billion US dollars for the first time! What is the reason for marvell technology's success?
Amid the AI supercycle, Marvell has rapidly transformed into an AI-first datacenter semiconductors company. Marvell is entering a new era of historic development.
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Weekly Outlook | The usa CPI may shake up the federal reserve's interest rate cut expectations! Oracle and broadcom will announce their earnings, which will impact the subsequent trends of AI concept stocks?
Adobe, gamestop, costco, and others will announce their performance; the annual "frozen capital king" of Hong Kong stock IPO, Mao Ge Ping, will be listed on the Hong Kong Stock Exchange on Tuesday.