The Arm website on a laptop arranged in New York, US, on Wednesday, Aug. 23, 2023. Gabby Jones | Bloomberg | Getty Images Chip design firm Arm is preparing for its highly anticipated initial public offering on the New York Stock Exchange, aiming to raise up to $4.87 billion, according to a recent filing. If …
Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this photo illustration. Dado Ruvic | Reuters Microsoft, the renowned U.S. tech giant, has announced its decision to unbundle its highly popular chat and videoconference service, Teams, from its Microsoft 365 and Office 365 product suites. This strategic move is …
Within an Apple store in Marunouchi, Tokyo, a customer is seen inspecting the iPhone 14 Pro Max. An image credit to Stanislav Kogiku | SOPA Images | Lightrocket | Getty Images The iPhone 14 Pro Max emerged as the most popular smartphone in the first half of this year, according to research firm Omdia. This …
In a week filled with major events such as Nvidia’s quarterly results and Federal Reserve Chairman Jerome Powell’s Jackson Hole address, our portfolio underwent a series of adjustments. These changes were driven by careful analysis and strategic decision-making. Let’s take a closer look at our trades and price-target adjustments for each day. Monday set the …
Text size – + Nvidia shares had more than tripled in value this year so far going into Wednesday’s earnings report. Photo by Justin Sullivan/Getty Images Nvidia shares surged to a record high in intraday trading as analysts welcomed results showing the artificial-intelligence boom is still powering its growth. Nvidia (ticker: NVDA) stock was up …
Nvidia, the leading graphics processor manufacturer, is experiencing unprecedented success with no signs of slowing down. This article explores the reasons behind Nvidia’s soaring popularity and the impressive financial growth it has achieved. The demand for Nvidia’s highest-end AI chip, the H100, is currently surging among tech companies seeking to develop artificial intelligence applications like …
Billionaire Masayoshi Son, Chairman and CEO of SoftBank Group Corp., spoke at a press conference in Tokyo on July 28, 2016, in front of a screen displaying the ARM Holdings logo. ARM, which is owned by SoftBank, has recently filed for its initial public offering (IPO). This IPO will be a significant test for the …
Jen-Hsun Huang, CEO, Nvidia David Paul Morris | Bloomberg | Getty Images With the growing interest in generative artificial intelligence, Nvidia is poised to benefit significantly. Nvidia saw its shares surge by more than 7% on Monday, affirming investor confidence in the company’s graphics processing units (GPUs) as the preferred computer chips for powering large …
SoftBank, a technology conglomerate, reported an unexpected loss in the first quarter from April to June, despite a gain from its tech-focused Vision Fund. Let’s dive into the details: – The SoftBank group recorded a net loss of 477.6 billion yen ($3.3 billion), falling short of Refinitv’s analyst estimate of a 75 billion yen profit. …
On July 12, 2023, Honor introduced its highly anticipated Magic V2 foldable smartphone in the Chinese market. JD.com, a leading e-commerce site in China, currently ranks the Honor Magic V2 alongside Apple iPhone models in the top three positions for “hot sales” of smartphones. The Magic V2, a spin-off from Huawei, made its debut with …