Altera specializes in a type of semiconductor that’s used in a variety of industries including telecom, defense, and robotics.
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Traders betting against SPY, an exchange traded fund that tracks S&P 500 stocks, racked up more than $6 billion in profits this month.
“It’ll be a breakthrough for humanity, much like the advent of the computer itself.”
Markets were left with no gains, no losses and a lot of questions about where the artificial intelligence boom is headed.
Hype climbed for AI cloud services provider CoreWeave’s IPO after it signed a $11.9 billion deal with OpenAI earlier this month.
This year’s Nvidia GTC event comes after the bombshell DeepSeek moment, the acceleration of a global trade war, and a broader market rout.
AI’s enterprise value exists on a “bell curve” – one which, at the current rate of AI development, we’re nearly at the top of.
ASML is crucial to the most important commercial and strategic tech products on the market, from Apple iPhones to Nvidia’s AI accelerators.
The move could usher in a challenge to the “brute force, high-energy use approach” of GPUs.
Unlike the other six companies in the so-called Magnificent Seven, Meta’s share price is actually up so far in 2025.
Never underestimate the all-too-human instinct to believe anything we want.
One point Chinese AI companies including Tencent and DeepSeek emphasize about their new models: efficiency.
Even after shaky moments like the advent of DeepSeek, Nvidia “just recoups that value within a couple of weeks.”
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.
“The next Nvidia isn’t going to come from the semiconductor side.”
Just a day after flipping out about DeepSeek’s scary good cheap AI, Silicon Valley is saying the competition is going to make us all better.