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Tenstorrent, in collaboration with modern-supported BOS, has launched the auto AI Chip "Eagle-N" to challenge industry giants.
Tenstorrent has jointly launched an AI chip specifically designed for in-vehicle Entertainment systems and autonomous driving, supported by BOS Semiconductors and Hyundai Autos.
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Another victory! Following the 5G chip, it is reported that Apple (AAPL.US) will launch its self-developed Bluetooth + Wi-Fi chip in 2025.
Apple plans to start using self-developed Bluetooth and Wi-Fi combination chips from 2025. This move aims to enhance device performance and energy efficiency while reducing dependence on Broadcom.
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
U.S. stock market close: The Nasdaq has fallen from historic Top Reversal, while the Dow has declined for the sixth consecutive day.
① The Nasdaq China Golden Dragon Index rose by 0.18%, with China Concept Stocks showing mixed performance; ② Google is collaborating with Samsung to develop a headset device, with the first product expected to be launched next year; ③ Apple is reportedly set to start producing a key wireless chip currently supplied by Broadcom next year; ④ Adobe fell nearly 14%, as the company's full-year performance guidance was below expectations.
Is Broadcom about to lose a big order? It is reported that Apple will switch to self-developed Wi-Fi chips for iPhone and home products starting next year.
Media reports that Apple plans to use its self-developed chip combining Wi-Fi and Bluetooth for the new iPhone, Apple TV, and HomePod mini next year, and for iPads and Macs in 2026. One-fifth of Broadcom's fiscal year revenue comes from Apple, making it the largest supplier of Apple's Wi-Fi/Bluetooth chips. After the news broke, Broadcom's stock price hit a daily low, falling nearly 4%.
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Express News | Apple's Chip, Code-Named Proxima, Has Been in Development for Several Years and Is Now Slated to Go Into the First Products in 2025 - Bloomberg News
Express News | Apple Nears Switch to in-House Bluetooth and Wi-Fi Chip for iPhone, Home Devices - Bloomberg News