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Insider
6h
274
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Stock market today: US stocks rise as Nvidia, Broadcom, lead tech sector higher
- US stocks climbed higher on Monday, with chip stocks leading the tech sector higher.
- Nvidia gained 3%, while Broadcom and Advanced Micro Devices rose 5% and 4% respectively.
- Investors are eyeing a possible year-end rally and a Santa Claus rally.
- The New York Stock Exchange closes early on Tuesday for the Christmas holiday.
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Pymnts
6h
184
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Apple’s AI Investments Bring It to Edge of $4 Trillion Valuation
- Apple has surpassed Nvidia and Microsoft in the race for a $4 trillion valuation.
- Investor enthusiasm for artificial intelligence (AI) and expectations of a supercycle of iPhone upgrades have driven Apple's shares higher.
- Apple expects moderate revenue growth for its fiscal first quarter, leading to questions about iPhone sales momentum.
- Apple is collaborating with Chinese tech giants Tencent and ByteDance to integrate their AI models into its smartphones sold in China.
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Siliconangle
10h
46
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On theCUBE Pod: CFOs as AI leaders, Intel’s foundry spin and Databricks’ valuation surge
- CFOs are positioned to be leaders in AI-driven business transformation
- At the recent theCUBE + NYSE Wired CFO Summit, a key insight emerged
- With AI radically transforming business models, CFOs play a key role in addressing both cost and revenue impacts
- Twenty years ago, IT shifted from hardware management to democratization with Web 2.0, then cloud and software as a service
- In a recent edition of his Breaking Analysis series, Vellante wrote that the time for Intel Corp. to shed its foundry business is now
- Last week, Databricks Inc. announced it was raising a late-stage $10 billion funding round at a $62 billion valuation
- The traditional purpose of going public was to raise capital, provide liquidity to investors and give retail investors access to the stock
- These markets, where people sell employee shares or investors get liquid, they lock in their returns, and then they’re playing with house money
- The 2025 tech outlook and CFO AI leaders were a big focus for theCUBE Research industry analysts
- Intel has a big investment in foundry. They have $100 billion, literally $100 billion of plant property and equipment on their balance sheet
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Pymnts
11h
43
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AI’s Growing Role Across B2B Payments Will Be Impossible to Ignore in 2025
- Artificial intelligence (AI) is becoming an integral part of business processes, specifically in the back office and finance departments.
- AI-powered tools are automating tasks such as invoice processing, fraud detection, data entry, routing, reconciliation, and reporting.
- AI's scalability is valuable for businesses experiencing growth or fluctuations in transaction volumes.
- While AI adoption faces challenges such as legacy systems and data quality, its benefits include improved operational efficiency, strategic decision-making, accuracy, compliance, and customer experiences.
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Pcgamesn
15h
167
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Nvidia GeForce RTX 5090 guide: What we know about the new gaming GPU
- The Nvidia GeForce RTX 5090 is expected to be the fastest gaming GPU.
- Rumors suggest it will be announced in early 2025 and come with improved ray tracing performance and a new version of Nvidia DLSS.
- It is anticipated to offer exceptional raw performance and be a beast of a graphics card.
- The release date, price, specs, and performance details are still not confirmed.
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Medium
2d
78
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Unpacking the Role of Original Equipment Manufacturers (OEMs) in Modern Industries
- OEMs are companies that design and produce components used in other company's products.
- To meet demands for precision and reliability, OEMs need advanced systems for standardization, efficiency, and maintenance.
- They are adopting tools like SOPs and CMMS to streamline operations and reduce errors.
- Future trends for OEMs include the integration of IoT, predictive analytics, and AR to optimize operations and stay competitive.
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Siliconangle
3d
199
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Researchers open-source Genesis simulation platform for training robots
- A research group has released Genesis, an AI simulation engine for robot development.
- Genesis allows training of robotics-focused AI models 10,000 times faster than real-world training.
- The platform includes a physics engine, a tool called RoboGen for generating virtual robots, and a chatbot interface for designing simulations using natural language.
- Genesis also provides the ability to capture footage of simulations for training data and customization of camera angles and rendering methods.
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Pymnts
3d
0
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European Commission Approves Nvidia’s Proposed Acquisition of Run:ai
- The European Commission approved Nvidia’s proposed acquisition of Run:ai unconditionally.
- No competition concerns were raised in the European Economic Area (EEA).
- Nvidia designs GPUs for data center applications, while Run:ai supplies GPU orchestration software.
- The acquisition will not negatively impact competition as alternative software options will remain available in the market.
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TechCrunch
7h
220
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Nvidia’s CES 2025 keynote: How to watch
- Nvidia's CES 2025 keynote will be livestreamed on January 6.
- Nvidia is expected to make big announcements, with the RTX 5000 series GPU being a highlight.
- Founder and CEO Jensen Huang will discuss topics such as AI, robots, and automotive.
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Androidauthority
9h
171
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Google’s AR glasses could go up against Meta Ray-Bans with a display in 2025
- The 2025 version of Ray-Ban Meta AR glasses might include a display, according to rumors.
- Currently, the glasses do not display any visual information.
- Google is also planning to launch AR glasses with a display in 2025.
- The upcoming glasses could offer a new feature to enhance the user experience.
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Pcgamesn
12h
0
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Nvidia GeForce RTX 5090 won’t launch until several weeks after 5080, says leak
- Rumors suggest that Nvidia's next-gen GPUs, including the RTX 5080 and flagship 5090, will be unveiled at CES 2025.
- The RTX 5090 is expected to launch after the RTX 5080, replacing the current RTX 4090 as the top-of-the-line graphics card.
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Medium
2d
392
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Nvidia Projects $10 Billion in Chip Sales, but US-China Tensions Loom
- Nvidia projects over $10 billion in international chip sales, underscoring its dominance in the AI hardware market.
- US-China tensions and export controls on advanced AI chips present a significant challenge to Nvidia's revenue streams, market dominance, and long-term growth strategy.
- Nvidia's immediate response to the export controls has been to develop compliant versions of its restricted chips, such as the A800 and H800.
- However, the long-term viability of this approach remains uncertain as the performance gap between the restricted and compliant chips could limit the competitiveness of Chinese AI development.
- The emergence of a black market for restricted chips undermines Nvidia's pricing strategies, creates supply chain vulnerabilities, and complicates enforcement of export controls.
- China's response to US export controls includes significant government funding and support for domestic semiconductor development.
- Nvidia is diversifying its product portfolio and expanding its geographic presence to reduce reliance on any single region and product line.
- The launch of products like the Jetson Orin Nano Super and Nvidia's DRIVE platform positions it to capitalize on emerging trends in high-growth markets, including the automotive sector.
- Nvidia's proactive response, a combination of mitigation, diversification, and a relentless focus on technological advancement, positions it for continued success in the long term.
- Nvidia's commitment to global collaboration, its investment in cutting-edge research and development, and its strategic expansion into new markets and sectors demonstrate a clear vision for a future where AI continues to transform industries and drive progress worldwide.
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Moneyweb
3d
55
Big Tech’s $62bn AI spending fuels pick-and-shovel bets
- Artificial intelligence has been dominating investor consciousness more than any other technology breakthrough in the past 20 years, with tech giants spending tens of billions of dollars per quarter. Only 4% of US workers use AI every day, however, and more than two-thirds say they never do. Some investors are feeling vibes that are reminiscent of the 1990s, when the nascent internet was generating a similar euphoria. AI-related stocks have been responsible for much of the bull market that began in October 2022.
- The tech giants responsible for the massive spending are also the ones that are vastly profitable, and responsible for the bulk of the AI-related revenue at present. In the third quarter of 2024, Alphabet, Amazon.com, Apple, Meta Platforms and Microsoft spent a combined $62bn on capital expenditures. Pick-and-shovel trade investments such as Nvidia Corp are seen as less risky than direct AI investments. With tech giants pledging to continue spending, even bears such as Jim Covello see no reason to abandon the pick-and-shovel trade while the money is still flowing.
- AI payoffs will likely take more than a year or two, as technology adoption requires workflow changes and organisational structures. That means businesses won't fully reap the benefits of even today's generative AI for some time yet.
- The AI boom is not only benefiting tech giants like Nvidia, Meta and Amazon, that are pouring a lot of money into AI infrastructure and global operations, but also tangential sectors such as utilities that are benefiting from AI's electricity-thirsty data centres.
- While AI bears and bulls exchange their bets and weigh up opportunities and risk, some investors are making some kind of bet on AI without even knowing it. If you own an S&P 500 index fund, a third of your money is in eight companies, including Nvidia, Microsoft and Apple, that have parked some of their future funds on AI.
- The models that we have right now for AI systems are still not usable broadly, said Nobel Prize-winning economist and MIT professor Daron Acemoglu. Although some investors are beginning to view the buzz around AI as being similar to the euphoria generated by the nascent internet in the 1990s, the disconnect between stock prices and fundamentals could repeat past mistakes. The pick-and-shovel trade is becoming increasingly attractive than directly betting on AI, and is seen as being less risky than direct AI investments.
- Megacap tech stocks such as the FAANGS are responsible for much of the AI-related revenue and continuing spending. These companies can clearly afford the expenditure, having still generated $76bn in free cash flow. Investors have generally supported Big Tech capital spending because the sector has succeeded in the past.
- Investors should understand the difference between companies creating AI services, such as Microsoft and Alphabet, and the ones providing the infrastructure, such as chips, servers and power, that makes computing possible. Arvind Narayanan, co-author of "AI Snake Oil: What Artificial Intelligence Can Do, What It Can’t, and How to Tell the Difference," says big AI payoffs will take more than a year or two.
- The usually staid stocks of power producers are also on the rise. Vistra Corp and Constellation Energy Corp are among the best performers in the S&P 500 in 2024, helping put an index of utility stocks on track for their best year since 2019. The late ’90s was early in the internet, and that wasn’t the right time to buy, said Michael O'Rourke at Jonestrading. Picking this round's long-term winners might be a fool's errand.
- Some investors may lose their patience with AI investments, if the promises of quick spending returns are unmet. Dave Mazza, CEO of Roundhill Financial in NY, believes AI will still generate enough revenue, but thinks investors may start to reconsider the investment if there is no quick return on the spending, stating, "Investors are probably going to start voting with their feet."
- According to Bloomberg, while a special focus is on the bullish and bearish sentiments about AI investments, both sides should closely watch out for the differences between companies creating AI services and those offering the infrastructure that manages it. Investors should be careful not to blindly follow the bullish sentiments associated with companies investing in AI technologies.
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Insider
3d
219
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Nvidia stock has another 23% upside and the success of Blackwell will be the chipmaker's big story of 2025, Morgan Stanley says
- Morgan Stanley said other noise would fade by mid-2025, and the stock is poised for another 20% gain.
- Nvidia's Blackwell chip will be the company's biggest story in 2025.
- Morgan Stanley reiterated its "overweight" rating on Nvidia stock and said the chipmaker remained its "top pick" going into next year.
- The bank issued a price target of $166 a share, implying a 23% increase from where the stock was trading on Friday around $134.82.
- Investors are already feeling bullish about the Blackwell chips, which are expected to launch in early 2025.
- Nvidia's new chip could dispel a handful of near to medium-term anxieties investors have about the stock.
- Concerns about Blackwell's rollout should "completely disappear" by the second half of next year.
- Even after a 170% rally in 2024, forecasters are still generally bullish on Nvidia going into next year.
- The continued excitement around the AI trade in the stock market is among the top themes investors see shaping the stock market in 2025.
- Nvidia's next-gen artificial intelligence-enabling chip will be a driving force behind revenue in H2'25, which could mean significant upside for the stock.
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TechCrunch
3d
383
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Nvidia clears regulatory hurdle to acquire Run:ai
- Nvidia has received regulatory approval from the European Union to acquire Run:ai.
- The European Commission found that the acquisition would not create a monopoly as other hardware options compatible with Nvidia would still be available on the market.
- However, the acquisition is still pending approval from the Department of Justice in the U.S.
- The estimated purchase price for the acquisition is around $700 million.
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