AI Chip Surge Elevates Taiwan, Korea in Global Equity Rankings
(Bloomberg) — The artificial intelligence boom has triggered a seismic reshuffling of global equity markets, with Taiwan and…
Americans have never been this gloomy about the economy. Wall Street has never cashed in more
The S&P 500 punched through 7,000 to a fresh all-time high. Goldman Sachs posted its second-highest quarterly revenue…
From Molotov cocktails to data center shutdowns, the AI backlash is turning revolutionary
For years, the resistance to artificial intelligence looked manageable. There were academics writing open letters, Hollywood writers striking…
Supermicro’s co-founder was just arrested for allegedly smuggling $2.5 billion in GPUs to China
Federal agents on Thursday arrested Yih-Shyan “Wally” Liaw, a prominent Silicon Valley executive deep in the AI ecosystem…
Big Tech Stocks Were Expensive. Then the Market Turned on AI
(Bloomberg) — For most of the past decade, investors have had to pay exorbitant prices to own a…
Grid Tech Stocks Are Poised to Soar Even Further Amid AI Bubble Fears
Photographer: Angel Garcia/Bloomberg (Bloomberg) — While some corners of energy markets have looked pretty frothy of late, one segment…
Nvidia CEO says U.S. data centers take 3 years, but China ‘can build a hospital in a weekend’
Nvidia CEO Jensen Huang said China has an AI infrastructure advantage over the U.S., namely in construction and…
Wall Street eyes a possible culprit in this week’s head-spinning stock market reversal: Bitcoin
Nvidia’s blockbuster earnings late Wednesday set up the stock market for a ferocious rebound as the chipmaker appeared…
Despite AI bubble fears, Warren Buffett’s Berkshire Hathaway buys shares of hyperscaler Alphabet
Wall Street has been consumed for months with fears that the artificial intelligence boom is actually a bubble…
Palantir CEO slams ‘parasitic’ critics calling the tech a surveillance tool: ‘Not only is patriotism right, patriotism will make you rich’
Palantir CEO Alex Karp is sick and tired of his critics. That much is clear. But during the…