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Options Market Statistics: Marvell's Stock Skyrockets on AI Hopes; Options Pop
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
Tech giants are spending extravagantly, the AI arms race is heating up, and chip stocks are soaring across the board.
The competition among technology giants in AI hardware is intensifying. This week, amazon claimed it would build the world's largest AI computing cluster, followed closely by Meta announcing a $10 billion AI datacenter. There are also reports that xAI, under Elon Musk, is planning to expand its supercomputer project tenfold...
1 million GPUs! Musk plans to expand the Colossus AI supercomputer cluster tenfold, continuing the arms race in AI infrastructure.
The investment required to expand Colossus is estimated to reach hundreds of billions of dollars, while also incurring relatively high costs for construction, power supply, and cooling. However, xAI has raised approximately $11 billion from investors this year.
'Intel Stands By Forecast After CEO Exit, Vows To Be Thriftier' - Bloomberg News
S&P 500, Nasdaq, and Dow Hit Trading and Closing Records | Wall Street Today
Aaron Invests (AI) : Looks like a double bottom to the upside.
ひな☆彡 SOXL(Bull) OP Aaron Invests (AI) : Yes but we said the exact thing after September and it didn’t carry through, we shall remain observing carefully
Aaron Invests (AI) ひな☆彡 SOXL(Bull) OP : But IMO the risk to reward ratio is not worth it at this entry. I would let it pullback a little before entering.
ひな☆彡 SOXL(Bull) OP Aaron Invests (AI) : Yeah I would have entered at the previous low