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Vanguard Economist: Can AI Boom Justify High Stock Valuations?
Shares of Semiconductor Stocks Are Trading Higher Amid Overall Market Strength Following Fed Chair Powell's Comments About the Economy and Future Rate Cuts.
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More Than Half Of Fortune 500 Companies Flag AI As A Major Risk, Marking 473.5% Surge In Warnings Amid Growing Concerns
After a volatile week, Goldman Sachs reevaluates AI stocks: high-quality companies are very attractive.
Goldman Sachs pointed out that even though the market is tired of AI concept stocks, high-quality AI stocks are still attractive as these companies have strong technical foundations, market positions, or growth potential in the AI field. In addition, Nvidia's financial report, which will be released at the end of this month, may have a major impact on the entire AI market.
ASE Technology (ASX.US) achieved net revenue of 51.596 billion New Taiwan dollars in July, representing a year-on-year growth of 6.7%.
On August 9th, GeLongHui reported that ASE Technology's (ASX.US) unaudited revenue for July 2024 was NTD 51.596 billion, a 10.0% increase month-on-month and a 6.7% increase year-on-year. In terms of ATM assembly, testing, and material business, the net revenue for July was NTD 27.443 billion, an increase of 5.3% month-on-month and 2.4% year-on-year.
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