Topic: ai

Qualcomm Unveils AI Data Center CPU Dragonfly C1000, Partners with Meta as Initial Customer

06/24/2026, 12:36 PM economy announcement ai software

Qualcomm's introduction of the Dragonfly C1000 CPU for data centers, set to be utilized by Meta in 2028, marks a strategic shift for the company as it aims to penetrate the rapidly growing data center market, traditionally dominated by other chipmakers.

Nvidia CEO Jensen Huang Emphasizes National Security Over Commercial Opportunities Amid Concerns of Smuggled Data Centers

06/24/2026, 11:36 AM economy announcement ai software

Nvidia's CEO Jensen Huang emphasized the company's commitment to U.S. national security over commercial interests, particularly regarding the export of AI technology to countries like China. This stance reflects growing regulatory scrutiny and could impact Nvidia's revenue from international markets.

Broadcom (AVGO) Unveils Jalapeno Chip Co-Designed with OpenAI to Enhance AI Performance

06/24/2026, 11:36 AM economy announcement ai software

Broadcom's recent unveiling of the Jalapeno chip, co-designed with OpenAI, could help stabilize its stock after a nearly 20% decline since June, as it aims to enhance AI performance and reduce operational costs.

Analysts expect Micron Technology (MU) earnings report to drive market volatility as new leveraged ETF launches

06/24/2026, 10:37 AM investing forecast Analysts: analysts semiconductors ai

The launch of the Roundhill T-REX 2X Long DRAM Daily Target ETF coincides with Micron Technology's upcoming earnings report, potentially amplifying market volatility as investors react to the results.

Analysts recommend buying Alphabet (GOOGL) shares despite Dow inclusion not being a buying catalyst

06/24/2026, 09:37 AM economy recommendation Analysts: analysts ai software

Alphabet's inclusion in the Dow Jones Industrial Average reflects the ongoing evolution of the index towards tech dominance, but it does not necessarily indicate a buying opportunity for investors. The company's strong position in artificial intelligence and cloud computing remains a key focus for potential investors.

Cerebras Systems CEO Andrew Feldman Clarifies Margin Guidance After 17% Stock Decline Post-Earnings

06/24/2026, 09:37 AM economy review ai

Cerebras Systems' stock fell 17% following its first earnings report since going public, as CEO Andrew Feldman clarified that the company's margin guidance was misinterpreted by investors. Despite this, analysts from Mizuho and Wedbush raised their earnings estimates for the company.

Analysts Fundstrat recommend buying semiconductor stocks as Tom Lee highlights historical recovery patterns

06/24/2026, 08:37 AM investing recommendation Analysts: analysts semiconductors ai

Fundstrat's Tom Lee suggests that the recent decline in semiconductor stocks presents a buying opportunity for investors, as historical trends indicate a strong likelihood of recovery following similar dips.

Analysts recommend trading Nvidia (NVDA) options as stock approaches key support level of $200

06/24/2026, 07:36 AM investing recommendation Analysts: analysts semiconductors ai

Nvidia's stock has recently pulled back to a critical support level, creating a favorable trading opportunity as its valuation improves despite strong fundamentals in the AI infrastructure sector.

Qualcomm Acquires AI Startup Modular for $3.92 Billion to Enhance Software and Data Center Capabilities

06/24/2026, 06:36 AM economy announcement ai software

Qualcomm's acquisition of Modular, an infrastructure startup, aims to enhance its artificial intelligence software capabilities, positioning the company to better compete in the growing AI market and data center sector.

OpenAI and Broadcom Launch Custom AI Chip 'Jalapeño' to Enhance AI Model Efficiency

06/24/2026, 06:36 AM economy announcement ai

OpenAI and Broadcom have launched their first custom chip, Jalapeño, aimed at enhancing AI model performance and efficiency, marking a significant development in OpenAI's strategy to control more of its technology stack.