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Chipmaker Intel falls as AI competition hurts forecast

The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 4, 2024. REUTERS/Andrew Kelly

Wall St slips after big bank earnings

Wall Street’s main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.

Google unveils Arm-based data center processor, new AI chip

Google revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based , based central processor.

Visitors look at a Go1 quadruped robot by Unitree Robotics during the World Artificial Intelligence Cannes Festival (WAICF) in Cannes, France, February 10, 2023. REUTERS/Eric Gaillard/File photo

New AI benchmark tests speed of responses to user queries

MLCommons released a fresh set of tests and results that rate the speed at which top-of-the-line hardware can run AI applications and respond to users.