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Market Chatter: NVIDIA Working With Inspur on New AI Chips for China
NVIDIA (NVDA) is preparing a version of its new flagship "Blackwell" AI chips for the Chinese market that will be compatible with current US export controls, Reuters reported Monday, citing three
Gcore Raises $60 Million in Series A Funding to Drive AI Innovation and Global Expansion
LUXEMBOURG--(BUSINESS WIRE)--#AI--Gcore, the global edge AI, cloud, network, and security solutions provider, today announced it has secured $60 million in Series A funding from institutional and
Nvidia's Stock Gains as Analyst Says a $2 Billion Beat Could Happen This Quarter
Piper Sandler sees the potential for a sizable revenue beat in his bull-case scenario
Open AI competitor Cohere raised $500 million in Series D financing, with a valuation soaring to $5.5 billion.
Cohere, a startup in the Canadian AI sector, has reached a valuation of $5.5 billion after completing a new round of financing.
US institutional investors survey: Nvidia still the most popular, Broadcom catching up, concerns with Micron, bearish on AMD.
According to Citigroup's survey, with Broadcom acquiring more AI customers and adding value from VMware, it is catching up with Nvidia as the largest holding for investors, while investor sentiment towards Nvidia has cooled down.
The "bleak season for US stocks from August to October" is approaching. Be wary of the wave of "profit-taking"! The financial reports of technology giants will dominate the fate of US stocks.
Issues typically arise between August and October, during which the historical performance of the US stock market is relatively weak compared to other months. The S&P 500 index in September has the largest five-year average decline at -4.23%.