Meta CEO Mark Zuckerberg published a 6,500-word essay on Monday outlining the company's AI vision, championing open-weight AI and announcing a $1 billion fund for communities hosting Meta data centers…
The Nasdaq-100 has fallen 9.7% from its record high, driven by a semiconductor selloff that analysts say is at odds with strong memory demand. South Korea's Kospi dropped nearly 11% on Tuesday, its ei…
CoreWeave signed long-term cloud contracts with Microsoft and OpenAI through 2030 without hedging against memory chip prices, and DRAM prices have since tripled, squeezing margins to roughly 1% on nea…
DA Davidson raised its price target for Oracle Corporation following the company's Q4 report, citing Oracle's leadership in AI and cloud infrastructure. The analyst upgrade is expected to influence in…
Nvidia's gross profit margins are projected to remain above 70% through 2030, according to DA Davidson analyst Gil Luria, as hyperscalers like Google and Amazon have few alternatives to the company's …