SOXL240719C48000
- 3.90
- -0.38-8.88%
Direxion Daily Semiconductor Bull 3x Shares ETF Newsroom
OpenAI In Talks With Broadcom To Develop New AI Chip, Aims To Reduce Reliance On Nvidia: Report
OpenAI is in discussions with Broadcom Inc. (NASDAQ:AVGO) to co-develop a new AI chip. This move is aimed at reducing the company's dependency on Nvidia Corp. (NASDAQ:NVDA) and strengthening its
Texas Instruments Declares $1.30 Dividend
Reached the limit of investment? Report: Meta tightens investment in the metaverse department.
Mark Zuckerberg's dream of the metaverse has become bleak. With increased investment in AI, Meta continues to reduce staff in its Reality Labs division and requires its hardware team to cut spending by nearly 20% by 2026. Meta believes it has made significant investments in Reality Lab, but the division has accumulated losses of over $55 billion since 2019.
Citigroup: OpenAI will become Broadcom's fourth-largest customer, and the new AI chip is expected to be delivered 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?
Two officials of the Federal Reserve indicated that it is necessary to reform the discount window tool.
Boorman, a director of the Federal Reserve, and Logan, the president of the Dallas Federal Reserve, suggested that the Federal Reserve should assess to what extent its emergency lending tools can meet the liquidity needs of the banking system, implying the need to reform the discount window.
Options Market Statistics: Nvidia, Chip Stocks Rebound After Sell-Off, Options Pop
News Highlights
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.
Why 'Unloved' Small-cap Stocks Are in Store for a Strong Second Half - Carson's Detrick
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.
"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.
Wall Street Today | Market Faces Second-Day Pullback
The overall market pulled back for the second day in a row Thursday after a semiconductor sell-off Wednesday.
S&P 500, Nasdaq and Dow Jones Industrial Average All Sink Thursday
The market eased Thursday, adding to a semiconductor sell-off on Wednesday.
SA Interview: Apex Trader Funding Talks Stocks, Biden-Trump, Why Cash Is a Good Position
EXCLUSIVE: Market Strategist Jay Woods Says 'Rotation In Small Caps Is Just Starting': Russell 2000 Within 8% Of All Times, 'Easy Upside Target'
Small-cap stocks have gained in recent weeks with the Russell 2000 outpacing other major indexes.A market strategist thinks the make-up trade is just beginning and there is more room to run.What
Nvidia Invests In AI Network Optimizer Arrcus
Investors, including Nvidia Corp. (NASDAQ:NVDA), have invested about $27 million in the networking software startup Arrcus Inc. in the latest round of funding to enhance its platform for managing data traffic more efficiently.
Semiconductor Stocks Historically Outperform Following 5% Selloff in a Day, Bank Of America Says
Semiconductor stocks have taken a beating this week. Bank of America believes the heavy selling pressure on semis sets the sector up for outperformance into the end of the year.What To Know: BofA
Top 10 S&P 500 Stocks Down More Than 5% From Last Week
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
OpenAI Reportedly Rolls Out Smaller, Cheaper Iteration of Flagship AI Model
ChatGPT-maker OpenAI unveiled on Thursday GPT-4o mini, a smaller, cheaper version of its most capable AI model, GPT-4o, according to media reports.The new model will be available Thursday for free
Intel AI, Data Center Executive Set to Take Reins at Cornelis: Report