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.
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.
The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
Five of Wall Street's most-prominent billionaire asset managers have picked out some of their favorite stocks for the new year.
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.”
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.
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.
Those advances are expected to be featured in an array of products over the coming year, following the smartphone sector’s major push into AI, with Apple, Samsung and Google all rolling out major new redesigns in 2024.
In the high-tech universe, there is a single common road that top-flight companies like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Broadcom (NASDAQ: AVGO),
Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025.
AI-boosted gaming chips, solar-powered cars and PS5 games you could smell were among the highlights at this year’s event