Should You Consider Micron Technology as a Buy After Its Earnings Report?
Micron Technology: A Closer Look at Recent Performance and Future Prospects Shares of Micron Technology (MU) experienced a remarkable surge of over 14% in a single trading session last week, following the release of its fiscal Q4 results. This impressive rally has sparked interest among investors, particularly as the company forecasts higher-than-expected sales for the […]
Huawei’s Next-Generation AI Chip Set to Compete with Nvidia GPUs
Huawei’s Ascend 910C AI Chips: A Game Changer for China’s Tech Landscape In a significant move that could reshape the competitive dynamics of the AI hardware market in China, tech giant Huawei has begun offering samples of its new Ascend 910C AI chips to leading domestic AI companies. This initiative comes at a time when […]
Broadcom Enters GPU Market as Nvidia Encounters Fresh Competition from China
The landscape of the global tech industry is undergoing a seismic shift, particularly in the realm of artificial intelligence (AI). At the forefront of this transformation are the US trade restrictions that have placed immense pressure on Chinese companies, especially those reliant on advanced AI hardware. Nvidia, a leading player in the graphics processing unit […]
ByteDance Allocates $2 Billion to TSMC for AI GPU Manufacturing
ByteDance’s Ambitious Leap into AI GPUs ByteDance, the parent company of the wildly popular social media platform TikTok, is making waves in the tech industry with its plans to develop two proprietary AI GPUs. Set for mass production by 2026, these GPUs represent a strategic pivot for ByteDance as it seeks to reduce its reliance […]