The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, with Meta, Amazon, and Netflix all reaching new highs. Nvidia rose more than 3%, and Broadcom rose nearly 7%. At one point, ultra-microcomputers fell more than 8%. The decline narrowed, and Fanduo turned up more than 11%. The US CPI for November is betting on cutting interest rates next week. Interest rate cuts may be suspended in January next year. US dollar and US bond yields will rebound in V shape, and spot gold will be the highest in five weeks. The yen dived below 152, and the offshore renminbi once fell more than 300 points to 7.29 yuan. After the Bank of Canada cut interest rates sharply, Canadian dollar and Canadian bond yields turned up, and oil prices rose by about 2%.
Marvell Technology Options Spot-On: On December 11th, 109.97K Contracts Were Traded, With 704.44K Open Interest
On December 11th ET, $Marvell Technology(MRVL.US)$ had active options trading, with a total trading volume of 109.97K options for the day, of which put options accounted for 24.32% of the total
Express News | Executives from Marvell (Marvell Technology Group Limited) stated that the company is producing ARM-based custom CPUs for hyperscale customers.
Express News | Marvell Exec Says Co Has a Custom Arm-Based CPU in Production for a Hyperscaler Customer- Barclays Conf
Semi Stocks Rise Helps Propel Nasdaq Above 20,000 Points
Jim Cramer Says Marvell Tech (MRVL) Is in a 'Game, Set, Match' Against Competitors
Marvell Technology Shares Are Trading Higher After the Company Announced the Debut of Its LPO Chipset to Address the Speed and Reach Limitations of Data Centers.
Marvell Technology announced a breakthrough in customized high-bandwidth memory.
Gelonghui, December 11 | Marvell Technology announced on Wednesday that it has made breakthroughs in custom high-bandwidth memory (HBM) used for AI processors. The new AI accelerator architecture (XPU) is said to increase computing power by 25%, memory by 33%, while also improving energy efficiency. The company is collaborating with Micron Technology, Samsung, and SK Hynix to customize HBM processors for the accelerator. Marvell Technology executive Will Chu stated in a statement: "Enhancing the XPU by customizing HBM for specific performance, power consumption, and total cost of ownership is key to AI accelerator design."
AMD, Broadcom, Marvell Are in Nvidia's Wake. This One Can Take Second Spot.
US stock market forecast | November CPI data meets expectations, the three major futures indexes rise sharply; Quantum Computing concept stocks surge before the market, with Rigetti and Quantum both climbing over 10%.
Pre-market up over 1%, Tesla's sales in China for December usher in a "good start": first week sales of 0.0219 million Autos, Cybertruck has completed Energy consumption declaration in China; Google executive: Search AI is the biggest bet, with an expected investment of 50 billion in 2024.
Marvell Technology (MRVL.US) announced a breakthrough in customized HBM solutions.
Marvell Technology made several announcements on Wednesday, including breakthroughs in custom high-bandwidth memory (HBM) for AI processors.
Why Marvell Technology (MRVL) Is Winning Big in the AI and Cloud Revolution
Express News | Marvell Technology- Announced Marvell Aquila, Coherent-Lite 1.6 Tbps O-Band-Optimized Dsp for Data Center Campus Connectivity
Express News | Marvell Technology Inc - Announces Custom Hbm Compute Architecture to Optimize Cloud AI Accelerators
Marvell Launches 1.6 Tbps LPO Chipset To Address Speed And Reach Limitations Of Copper Cables, Enabling Next-Gen Short-Reach Compute Fabric Interconnects For AI And Data Centers
Up 95% YoY, Does Marvell Technology (MRVL) Have More Upside?
Here's Why Wall Street Analysts Are Drooling Over Marvell Tech (MRVL) After Latest Results
J.P. Morgan Maintains Marvell Technology(MRVL.US) With Buy Rating, Maintains Target Price $130
For Marvell Technology Insiders, Selling US$21m Of Shares Was A Smart Move
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.