Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, reported a significant revenue increase in the second quarter, driven by the booming demand for chips powering artificial intelligence (AI) applications. This growth far surpassed …
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AI Stock Frenzy: Nvidia Downgraded, Pure Storage Slumps, Dell Gets a Boost
The AI sector is witnessing a rollercoaster of stock activity as analysts assess the impact of the burgeoning technology on various companies. Nvidia, the leading GPU maker, received a downgrade from New Street Research, citing …
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