View Full Image Graphic: The Economist Look beneath the surface, at individual sectors and firms, and the mood is even wilder. The Philadelphia semiconductor index, which tracks companies in the chipmaking supply chain globally, has fallen by more than a fifth in a matter of weeks. Arm, one such firm, […]
artificial intelligence
The country has also already experienced a significant rise in demand for data centres. Among everything else, AI adoption has emerged as a key driver. With AI consumption having surged manifold since the launch of ChatGPT, availability of a robust data centre ecosystem has become paramount for businesses. Alongside this […]
A renewed bout of volatility hit Nvidia Corp., which dropped during its annual shareholder meeting. The poster child of the artificial-intelligence frenzy has been on a roller-coaster ride, mostly driving broad-market direction. Fellow megacap Amazon.com Inc. reached a $2 trillion valuation in a rally that took the e-commerce giant deeper […]
Hedge funds made an about-face last week dumping semiconductor stocks — beneficiaries of the artificial intelligence boom — while snatching up software. Fund managers net sold US technology stocks for the third straight week, according to Goldman Sachs Group Inc.’s prime brokerage desk. Within tech, semiconductors and semiconductor equipment stocks […]
Tech optimism and buoyed expectations of interest rate cuts by the US Federal Reserve and other central banks across the world have added to the ongoing frenzy around artificial intelligence (AI), which has propelled tech shares to new highs. Tech giants Microsoft Corp., Nvidia Corp. and Apple Inc. are now […]
This was the first Berkshire annual meeting without Munger, who died last year at 99. Buffet fondly remembered Munger as the “architect of Berkshire” in his tribute to him, underscoring his significant role in the company’s success throughout the years. Also Read: Warren Buffet’s Berkshire Hathaway Q1 operating profit rises […]