Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where a
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and SoftBank are leading the newly announced Stargate initiative under President Trump — a project aiming to invest $500 billion into AI frameworks over the coming years.
The Vanguard Information Technology Index Fund ETF Shares (NYSE Arca: VGT), down 1.47% on the day, as the week continues to see members like Apple (Nasdaq: AAPL), Nvidia (Nasdaq: NVDA), Microsoft (Nasdaq: MSFT) and Broadcom (Nasdaq: AVGO) reel in the wake of DeepSeeks competitor to ChatGPT.
Apple last updated the Apple TV in October 2022, introducing a new, smaller design, USB-C on the Siri remote, and a bump from the A12 chip to the A15 chip. The product is now over two years old, and rumors are starting to pop up about the next model.
Broadcom stock sold off on Monday following DeepSeek's release. Read why I think AVGO represents a solid short-term and long-term Buy.
The release of DeepSeek’s open-source AI chatbot caused a sharp sell-off in Nvidia and Broadcom, shifting market sentiment in favor of AI users.
Retail investors took advantage of the market selloff earlier this week by buying various technology stocks, including Nvidia, Tesla, Broadcom, and Apple, according to Vanda Research. This surge of investment,
Broadcom shares were trading about 4% higher in premarket trade. Meta CFO Susan Li told investors on a conference call that the company will use more of the chips it's designed with Broadcom. The chips are known as Meta's Training and Inference Accelerator,
Tech giants around the globe were rattled on Jan. 27 after Chinese AI start-up DeepSeek unveiled an impressive, low-cost artificial intelligence (AI) model, sparking widespread concerns about the scale of investment being poured into expensive hardware and data centers.
Broadcom rose 5% on Thursday as Meta Platforms announced plans to increase use of chips designed with Broadcom.
DeepSeek is a Chinese AI firm specializing in large language models (LLMs). Founded in 2023 by Liang Wenfeng, a co-founder of hedge fund High-Flyer, the company develops open-source AI models.