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The Wall Street darling has changed! The divergence between Broadcom and NVIDIA has intensified, with Broadcom soaring over 11% while NVIDIA has declined.
Despite the lack of support from NVIDIA, the Nasdaq Composite Index still reached a historic high on Monday. On the same day, other semiconductor stocks also performed well. Micron Technology rose over 5% before the upcoming quarterly Earnings Reports, and at one point surged over 8% during intraday trading. Marvell Technology increased by 3.3%, and Lam Research rose by more than 2%.
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Google has significantly updated its generative AI, launching the video model VEO 2 and the latest version Imagen 3.
Google's flagship AI research lab, Google DeepMind, significantly upgraded its AI-driven content generation tools on Monday, launching the Veo 2 video generation model and the enhanced Imagen 3 image model, challenging OpenAI's leading position in AI image and video generation. Google stated that these updates are expected to profoundly transform creative workflows, offering video and image creators a higher degree of realism and customization.
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Tesla, Micron, Broadcom, MARA Holdings And Other Big Stocks Moving Higher On Monday