ASML to Appoint Christophe Fouquet as President, CEO

[ad_1] ASML Holding plans to appoint Christophe Fouquet as president and chief executive officer. The Dutch semiconductor-equipment maker said Thursday that Fouquet’s appointment is subject to notification of the annual…

Why Amazon and Nvidia Need Each Other

[ad_1] Amazon needed to put on a good AI show this week. It got a little help from a surprising friend.  The e-commerce titan also happens to run the world’s…

Nvidia’s AI Boom Almost Blows Past Politics

[ad_1] Nvidia rules the artificial intelligence world, but that world is getting a little smaller—and more crowded.  The chip maker now synonymous with AI reported another quarter of blowout sales…

Nvidia’s biggest risk to its outlook right now is China

[ad_1] Wall Street mostly got what it was hoping for with Nvidia Corp.’s fiscal fourth-quarter forecast and its optimism about the coming year, but questions about future sales to China…

Tech Stocks Sink Ahead of Nvidia Earnings

[ad_1] Artificial intelligence powered the stock market for much of the year. Now it is testing U.S. stocks’ November rally. The S&P 500 slipped 0.2%. The Dow industrials fell 0.2%,…

Nvidia’s Sales Surge, With No End In Sight for AI Boom

[ad_1] Updated Nov. 21, 2023 5:11 pm ET Nvidia reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the…

Stocks Extend Rally, Boosted by AI Optimism

[ad_1] Nvidia shares gain, and Microsoft hits a new all-time high as investor enthusiasm for artificial intelligence takes center stage again. [ad_2] Source link

AI Mania Powered Stocks This Year. Can Nvidia Spark More Gains?

[ad_1] There is a lot riding on the earnings report this week from Nvidia, both for the company’s ebullient investors and the entire stock market. Nvidia has been the big…

Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs

[ad_1] Updated Nov. 16, 2023 8:41 pm ET SINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite. Alibaba on Thursday said it had scrapped…

Infineon Warns of Slower Sales Growth on Low Personal Electronics Demand

[ad_1] Updated Nov. 15, 2023 7:15 am ET Infineon Technologies said sales would continue to grow in its new fiscal year, albeit at a slower pace than in fiscal 2023,…