Citigroup: OpenAI will become Broadcom's fourth largest customer, with delivery expected in the second half of next year.

Will OpenAI start another bloody battle in the chip market by switching from nvidia's GPUs to broadcom's ASICs?

wallstreetcn7minutes ago

IPhone16 Projections Questioned: Ming-Chi Kuo Says Expecting Apple Intelligence To Drive Sales 'May Be Too Optimistic'

Top analyst Ming-Chi Kuo has cast doubt on the anticipated surge in Apple Inc.'s (NASDAQ:AAPL) upcoming smartphone series, iPhone 16 sales.What Happened: On Thursday, Kuo, an analyst at TF

Benzinga23:28 ET

Meta's Potential 5% Acquisition In Ray-Ban Maker Applauded By Jim Cramer: Wearable Tech Revolution Is A 'Big Deal'

Meta Platforms Inc. (NASDAQ:META) is set to acquire a 5% stake in Essilorluxottica (OTC:ESLOY), a move that has caught the attention of financial expert Jim Cramer. He believes this deal could be a

Benzinga21:58 ET

Goldman Sachs' top stock analyst: AI will not trigger an economic revolution, the bubble will burst eventually.

Jim Covello believes that the economic benefits brought by AI are not even comparable to those of smart phones and the internet; AI replaces low-paying jobs with expensive technology, which is completely opposite to the technological transformation that has occurred in the technology industry in the past thirty years.

wallstreetcn18:18 ET

Ultraman is building a 7 trillion chip empire? OpenAI and Broadcom may collaborate to develop AI chips.

The media reported that OpenAI is trying to create its own chips, recruiting former Google AI chip-related employees to develop an AI server chip. OpenAI CEO Altman plans to establish a new company with external investors to bear the cost of building a new datacenter to accommodate the new ai chip.

wallstreetcn17:18 ET

"The most knowledgeable about Apple" analyst Ming-Chi Kuo predicts that there will not be a big change in iPhone 16 orders.

Guo Mingchi poured cold water on the market's optimistic expectations for Apple. He pointed out that the recent financial conference calls of Apple's two major suppliers, Taiwan Semiconductor and Dowlight, hinted that orders for the iPhone 16 may not have increased. He believes that consumer expectations for purchasing the new iPhone 16 for the test version of Apple Intelligence in the second half of this year may be too optimistic.

wallstreetcn17:09 ET