Palantir Technologies is becoming a leader in developing AI software. Taiwan Semiconductor Manufacturing is poised to grow along with the broader semiconductor industry.
IonQ is slowly but surely mainstreaming a whole new kind of computing architecture, which has huge implications for AI's data-intensive development. Voice-based customer service and virtual personal assistants are going through a major evolution thanks to SoundHound AI.
Investors have been waiting for signs the Fed could begin cutting interest rates. Inflationary pressures eased in July, boosting expectations for a September rate cut.
Is there an artificial intelligence (AI) stock bubble that's only starting to burst, or is the latest sell-off nothing more than a healthy, much-needed correction? That's the big question on investors' minds as they contemplate buying the dip in previously heated growth plays that are starting to show signs of bottoming out.
A growing number of companies are using Palantir's AI software platforms to save money. Arm Holdings is a global leader in chip technology that is seeing growing demand in AI data centers.
Intel has sold its 1.18 million stake in British chip company Arm Holdings, a regulatory filing showed. The company is in the midst of restructuring and cost-cutting efforts as the it struggles to keep up with competitors in the chip race.
While Intel INTC owned about 1.8 million Arm shares ARM earlier this year, it held no position as of the end of the June quarter, the company's latest 13-F filing showed. Major investors and companies with significant public holdings are required to provide quarterly updates on the positions, and Intel's update came out late Tuesday morning.
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