AI boom

President Donald Trump announced on Monday that his administration is working with major U.S. tech companies, particularly Microsoft Corporation (NASDAQ:MSFT), to prevent Americans from bearing the brunt of data center power consumption. Through a Truth Social post, Trump said: “I never want...

The Warren Buffett Indicator, a key measure of the U.S. stock market’s valuation, has reached a level that the legendary investor once cautioned was akin to “playing with fire.” Warren Buffett Indicator Hits 217%, Signaling Overvalued Market The Warren Buffett Indicator,...

Tech expert Erik Gordon has predicted that the potential crash of the AI boom could have a more severe financial impact than the dot-com bust. The professor from the University of Michigan pointed to the recent stock plunge of an AI startup as an indication of the significant financial...

Analyst Blayne Curtis highlighted that Nvidia (NASDAQ:NVDA), Marvell (NASDAQ:MRVL), and Broadcom (NASDAQ:AVGO) are strategically positioned to capitalize on the AI chip market surge. Curtis has assigned Buy ratings to each of these companies. Jensen Huang-led Nvidia is experiencing extraordinary...

In a bid to compete with South Korean rivals, Micron Technology Inc. (NASDAQ:MU) is planning to expand its high-bandwidth memory chip production in the U.S. significantly and is also considering manufacturing in Malaysia. What Happened: Micron, the leading U.S. memory chip maker, is constructing...

The ongoing artificial intelligence boom is expected to trigger a surge in data center investments in the Asia-Pacific region, with the total value of mergers and acquisitions and investments projected to reach billions of dollars. What Happened: Global private equity investors and asset managers...

The ongoing artificial intelligence boom has put two South Korean chipmakers, Samsung Electronics Co (OTC:SSNLF) and SK Hynix, in the spotlight. Industry experts are now discussing which company is the better investment in this AI-driven market. What Happened: The AI boom has significantly...

Bank of America has identified key global stocks along the AI supply chain, including several NVIDIA Corp (NASDAQ:NVDA) suppliers poised to benefit from the AI boom. What Happened: BofA highlighted the booming AI market and the potential for smaller firms in the global AI supply chain to benefit,...

The S&P 500 could witness a further 15% surge by the end of 2024, driven by the ongoing exceptional performance of mega-cap tech stocks, according to a recent note from Goldman Sachs. What Happened: The bank’s chief equity strategist, David Kostin, suggested that the S&P 500 could...

The AI sector is currently the hottest in the market, and Fidelity International is advising investors to consider indirect plays in addition to the obvious choices, such as NVIDIA Corp (NASDAQ:NVDA). What Happened: Fidelity International, a financial services firm, has suggested that investors...

Stephanie Niven, a fund manager, has identified a lesser-known semiconductor equipment company, KLA Corp (NASDAQ:KLAC), as a key player in the AI boom. What Happened: Niven, the global sustainable equity portfolio manager at Ninety One, pointed out that KLA, a supplier to chip giant Taiwan...

Bill Smead, a veteran of the stock market, has issued a stark warning to investors, cautioning them against the allure of popular stocks and the artificial intelligence (AI) boom. What Happened: Smead, the founder of Smead Capital Management, has been vocal about the potential risks associated with...

One analyst has raised concerns about the sustainability of NVIDIA Corp‘s (NASDAQ:NVDA) stock price, which has been on a meteoric rise due to the AI boom. What Happened: Sarah Kunst, managing director at Cleo Capital, expressed her doubts about the sustainability of Nvidia’s stock price...

Elon Musk delved into the vast realm of artificial intelligence, or AI, and how it could shape the future of children in the workforce. Musk also shared the advice he would offer his children as they enter the workforce amid the AI boom. What Happened: The Tesla CEO has one piece of advice for...