Rally on Wall Street Fueled by AMD and Software – Fears About Artificial Intelligence Eased
U.S. stock indices closed higher, driven by gains from Advanced Micro Devices and software stocks, as investor fears about disruptions in certain sectors due to artificial intelligence subsided.
Large Meta Deal Sends Stock Up at American Chip Company
AMD's stock surged over six percent after Meta announced a deal to purchase millions of AI chips from the company, potentially increasing Meta's stake in AMD to 10 percent.
Meta – AMD: $100 billion deal in the artificial intelligence race
Meta and AMD have entered into a $100 billion agreement, enhancing AMD's efforts to challenge Nvidia's dominance in the AI semiconductor market.
Meta closes deal with AMD for AI chip supply and may become a shareholder in the company
Meta has struck a multi-billion dollar chip deal with AMD that might lead to the company acquiring a 10% stake in the chipmaker, boosting AMD's stock prices significantly.
Meta agrees $60bn deal with chipmaker AMD despite AI bubble fears
Meta has made a $60 billion deal to purchase AI chips from AMD, despite concerns about high spending in the AI sector.
Bloomberg: Meta with AI deal worth several billion dollars
Meta has signed a deal with Advanced Micro Devices (AMD) concerning artificial intelligence equipment valued at several billion dollars.
5 ways to preserve your vision as you age, according to an ophthalmologist
As people age, their vision declines and the risk of eye conditions like age-related macular degeneration increases, prompting the need for preventative measures.
NHS crucial guidance to anyone 'sensitive to bright lights'
The NHS has issued guidance for individuals sensitive to bright lights, emphasizing the importance of getting checked if they notice changes in their vision, as it may relate to age-related macular degeneration (AMD).
Common diabetes drug may help preserve eyesight as people age
Research indicates that the diabetes medication metformin can reduce the risk of age-related vision loss in older patients.
ASUS launches half a dozen laptops, starting price is in rupees
ASUS has started pre-booking for its latest laptops, which are part of the Zenbook and Vivobook series, featuring AMD Ryzen AI processors.
For the first time in its history, the Dow Jones surpassed 50,000 points
The Dow Jones Industrial Average has surpassed the symbolic milestone of 50,000 points for the first time, driven by significant gains in the technology sector, particularly in semiconductor companies like Nvidia and AMD.
AMD Big Shock: KOSPI Falls Over 3%... Exchange Rate Soars Again
The KOSPI index dropped nearly 4% primarily due to a decline in semiconductor stocks, with significant impacts from foreign selling and currency fluctuations.
Mixed trends for the three main stock indices on Wall Street
The three main stock indices on Wall Street closed mixed, with intensified selling in technology stocks driven by losses from Advanced Micro Devices (AMD).
Next Xbox could be just around the corner, earnings call suggests
Insights from AMD's earnings call suggest that Microsoft may be preparing to launch the next generation Xbox as early as next year.
Trump imposes 25% tariff on Nvidia AI chips and others, citing national security
Donald Trump has announced a 25% tariff on select AI chips, including those from Nvidia and AMD, citing national security concerns after a nine-month investigation.
The US government modifies export rules for artificial intelligence chips to China
The US government has announced new rules for exporting AI chips from Nvidia and AMD, easing the export process to China on a case-by-case basis.
Intel seeks to compete with NVIDIA in the portable gaming platform sector
Intel is attempting to penetrate the portable gaming platform market by introducing a new chip and software aimed at this sector.
Nvidia and AMD: The Race for AI Chips
Nvidia and AMD showcased their new artificial intelligence chips at CES, emphasizing the technology's potential while dismissing concerns about a bubble.
These people have seen their wealth grow by billions thanks to artificial intelligence
The article discusses how various investors, including OpenAI, Nvidia, and AMD, have significantly increased their wealth through lucrative investments in the AI sector, raising concerns about a potential AI bubble.