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 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
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
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
Demand for Nvidia’s pricey artificial intelligence chips will be in focus when the company reports results on Wednesday.
Read More Nvidia’s earnings to be a test of AI chip demand as DeepSeek sows spending doubts
OpenAI’s weekly active users surged past 400 million in February, highlighting rapid growth in the adoption of artificial intelligence tools.
Read More OpenAI’s weekly active users surpass 400 million