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Tag: NVIDIA

Intel logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Exclusive: Intel’s new CEO plots overhaul of manufacturing and AI operations

Intel’s incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and AI strategies ahead of his return to the company.

Read More Exclusive: Intel’s new CEO plots overhaul of manufacturing and AI operations
People shop for groceries in Monterey Park, California, on February 12, 2025. Major US indices began the day firmly in the red after January US consumer price index data showed inflation grew, raising questions about whether the Federal Reserve's progress on bringing down prices was reversing. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Cools To 2.8% In February, Beating Expectations

U.S. inflation cooled more than expected in February, with price growth remaining well above the Federal Reserve’s goal ahead of the central bank’s policy meeting next week. 

Read More U.S. Inflation Cools To 2.8% In February, Beating Expectations
The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo

Exclusive: Meta begins testing its first in-house AI training chip

Meta is testing its first in-house chip for training AI systems, a key milestone as it moves to design more of its own custom silicon and reduce reliance on external suppliers like Nvidia.

Read More Exclusive: Meta begins testing its first in-house AI training chip
The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo

Nasdaq falls over 3% to six-month low on growth concerns

The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.

Read More Nasdaq falls over 3% to six-month low on growth concerns
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration//File Photo

As US chip darlings struggle, some bet on software as next big AI play

Chip stocks were the biggest beneficiaries of last year’s artificial intelligence investment craze, but they have stumbled so far this year.

Read More As US chip darlings struggle, some bet on software as next big AI play
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 24, 2025. REUTERS/Brendan McDermid/File Photo

Nasdaq touches over one-month low after weak consumer sentiment data

The tech-heavy Nasdaq led Wall Street declines, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment.

Read More Nasdaq touches over one-month low after weak consumer sentiment data

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