The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focusTag: Qualcomm
Microsoft to unveil AI devices and features ahead of developer conference
Microsoft plans to announce several pieces of hardware and software related to consumer devices.
Read More Microsoft to unveil AI devices and features ahead of developer conferenceApple unveils new AI-focused chip in upgraded iPad Pro models
Apple introduced a new chip that it said would outclass personal computers designed for artificial intelligence
Read More Apple unveils new AI-focused chip in upgraded iPad Pro modelsNew 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.
Read More New AI benchmark tests speed of responses to user queriesQualcomm forecasts quarterly profit above estimates, shares rise
Qualcomm forecast fiscal second-quarter profit slightly above Wall Street estimates and sales in line with market expectations.
Read More Qualcomm forecasts quarterly profit above estimates, shares riseIntel tumbles as chipmaker falls further behind in AI race
Intel slumped more than 12% on Friday following a bleak first-quarter revenue outlook
Read More Intel tumbles as chipmaker falls further behind in AI race