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Sell NVIDIA, buy Broadcom! What is the market saying on Friday?
Analysts pointed out that Wall Street is focusing on the demand for ASICs (Application-Specific Integrated Circuits) from major Technology companies, which may be one of the reasons for the drop in NVIDIA Stocks. In the coming years, custom chips will gradually take market share from expensive GPUs in the applications of generative AI.
Options Market Statistics: Broadcom Shares Surged Over 24% to Top $1 Trillion Valuation; Options Pop
After the iPhone, Apple has manufactured AirPods in India for the first time.
Apple's supplier, Foxconn Technology Group, will be responsible for the project at the new factory near Hyderabad in Telangana. The factory has begun trial production and is expected to go into full production in the first quarter of next year.
VIG ETF Rises 0.8%
Weekly Buzz: Tech stocks hit high scores on ominous day
Here's How Much $1000 Invested In Home Depot 15 Years Ago Would Be Worth Today