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China's Transsion Sued by Qualcomm and Philips as IP Woes Mount
Express News | Shares of Semiconductor Stocks Are Trading Higher Amid Overall Market Strength as Investors Assess Mixed Inflation Data This Week
Intel CTO: By the end of 2027, software sales will reach $1 billion.
Greg Lavender, Intel's Chief Technology Officer (CTO), stated today that Intel's progress in entering the software market has been smooth. By the end of 2027, cumulative sales will reach 1 billion US dollars. In 2021, Intel's software revenue exceeded 0.1 billion US dollars. In June of that year, Intel CEO Pat Gelsinger recruited Lavender to guide the company's software strategy. Since then, Intel has acquired three software companies. Lavender said today, "My goal is to achieve 1 billion US dollars in software and developer cloud subscription revenue."
Chipmaker Intel on Path to See $1B in Cumulative Software Revenue by End of 2027 - Report
BW Storage (688525.SH): Its main products have entered the list of qualified suppliers for mainstream SoC chip and system platform manufacturers such as Qualcomm and Google.
Recently, BeWe Storage (688525.SH) stated during a visit with institutional investors that the company's main products have entered the qualified supplier lists of mainstream SoC chip and system platform manufacturers including Qualcomm, Google, Intel, Microsoft, MediaTek, Spreadtrum, Rockchip Electronics, RDA Microelectronics, Allwinner, and Actions Semiconductor.
Stock price fell 33% this year! Intel (INTC.US) executives reassured the market that software and AI chip business are expected to have a double harvest.
Zhī tōng cai jīng App learned that Greg Lavender, the chief technology officer of Intel (INTC.US), said that the company's progress in the software field is smooth. By the end of 2027, the company's cumulative software revenue may reach 1 billion US dollars. Lavender also said that the upcoming Gaudi 3 chip is expected to help Intel take the second position in the artificial intelligence (AI) chip market. Intel achieved software revenue of more than 0.1 billion US dollars in 2021. In the same year, CEO Pat Gelsinger poached from cloud computing company VMware.
Express News | Shares of Semiconductor Stocks Are Trading Lower Amid Ongoing Market Volatility as the Market Pulls Back Following Recent CPI Data
Express News | Qualcomm Down 2.4%, Intel Corp Down 2.7%, Advanced Micro Devices Down 2.2%
Express News | Micron Technology Down 3%, Nvidia Down 4%
Express News | Marvell Technology Down 2.2%, U.S.-Listed Shares of Arm Holdings Down 3.8%
Express News | Chipmakers Fall, Philadelphia SE Semiconductor Index Down 1.6%
The PC Industry Is Finally on the Path to Recovery
The turnaround in the global PC market continues to gain speed as hype around AI PCs grows and enterprise customers start to pick up purchases of laptops and desktops.
Goldman Sachs pours cold water again: AI expenses already account for 25% of S&P 500's total expenses, and the valuation is at risk if they don't make money soon.
The rapidly growing US technology stocks have raised concerns among Wall Street analysts. More and more people are questioning whether too much investment has been put into the AI industry with little return.
Do You Believe in the Immense Potential of QUALCOMM Incorporated (QCOM)?
Samsung Electronics plans to increase sales of its new foldable screen phone by more than 10%.
The head of Samsung Electronics' mobile business unit said that the company's goal is to increase sales of the new foldable screen smart phone by more than 10%, and emphasized the increase of advanced artificial intelligence (AI) capabilities. On Wednesday local time, at the "Galaxy Unpacked" launch event held at the Carrousel du Louvre in Paris, France, Samsung Electronics unveiled the latest generation of foldable screen smart phones: "Galaxy Z Fold 6" and "Galaxy Z Flip 6", as well as the ring-shaped wearable device "Galaxy Ring". This is so far the thinnest and smallest in the Z series.
Paycom and POOLCORP Have Been Highlighted as Zacks Bull and Bear of the Day
Even venture capital firms are stocking up on GPUs! a16z plans to purchase over 0.02 million GPUs, comparable in scale to Musk's xAI.
To catch up with the AI wave, not only the technology giants, but also the venture capitalists have begun to hoard GPUs. According to insiders, the venture capital firm Andreessen Horowitz (a16z) has stockpiled thousands of GPUs, including Nvidia H100 GPUs, and plans to hoard more than 20,000 GPUs in the future specifically for renting to AI startup companies.
Express News | Qualcomm Inc : Keybanc Raises Target Price to $225
The New Laptops Are Here, and They Don't Have Intel or AMD Inside
Beware Intel. The CoPilot+ laptops shown in May at Microsoft's artificial-intelligence rollout are now on store shelves. These AI-optimized PCs run on Qualcomm chips, and they could give the company its first real shot at the computer processor market.