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Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, and Intel rise after days of declines.
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made almost entirely by TSMC. America’s tech giants depend on it. Such reliance on ...
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Intel fell almost 8% as investors awaited the government's decision on the stake purchase and processed the possible consequences.
Nvidia, whose chips are powering much of the world’s move into AI, dropped 3.7% and was on track to be the heaviest weight on Wall Street for a second straight day following its 3.5% fall on Tuesday.
MIT’s “GenAI Divide” report reveals only 5% of generative AI pilots succeed, highlighting why startups thrive while most ...
The week’s biggest news for Wall Street is likely arriving on Friday, when Federal Reserve Chair Jerome Powell will give a ...
The AI expansion on the four Pixel 10 models amplifies Google’s efforts to broaden the use of a technology that is already ...
Days after securing SoftBank's $2 billion infusion, the struggling chipmaker is seeking more backers at a discount, CNBC ...
Investors’ long-running enthusiasm for artificial intelligence showed signs of faltering on Tuesday as tech stocks tumbled.
The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.
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