President-elect Donald Trump promised tariffs for months. In less than two weeks, he can begin to implement them. Investors expect Trump to impose sweeping tariffs on many countries, including potential 60% tariffs on China.
Continued Ives, “We could go back to quarters where the stock sells off, bears come out of hibernation mode, stock goes to $100, then all of a sudden, two months later, back up to all-time highs. These knee-jerk reactions, it’s easy to get scared by them because they don’t say anything about near-term demand.”
The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
The biggest, baddest GPU at CES is also shockingly small. Adam got Nvidia's Director of Products to tell us how they did it.
To that end, the computer starts at $3,000 and comes with a 20-core GB10 Grace Blackwell Superchip and 128GB of unified memory. Configuring a Mac mini with the M4 Pro chip, which has a 14-core CPU, and 64GB of RAM, costs $2,499 with 1TB of storage. A 1TB Mac Studio fitted with a 24-core M2 Ultra and 128GB of RAM brings the price to $4,799.
Nvidia's GeForce Now is coming to Meta Quest 3 and Pico 4 Ultra devices later this month. Here's what that means for the mixed reality headsets.
Steven Cohen of Point72 Asset Management bought 1.5 million shares of Nvidia, increasing his stake by 75%. It is now his largest position excluding options. Meanwhile, he sold 1.5 million shares of Apple, completely exiting the position.
A wave of selling hit the stock market today after job growth in December came in much stronger than expected.
The advent of AI has sent the semiconductor industry into overdrive over the past year. Volatility is part of the price of admission.
AMD is having some of its latest Ryzen 9000-series desktop CPUs made at TSMC's new fab in Arizona. So claims Taipei, Taiwan-based journalist Tim Cuplan. It was reported last year that AMD was planning on having some high-performance CPUs made at TSMC's Arizona facilities.