Investing.com - The emergence of a new advanced artificial intelligence chip from Huawei could threaten U.S. semiconductor giant Nvidia (NASDAQ:NVDA) in the near term, according to analysts at Piper Sandler.Huawei is looking to begin mass shipments of its 910C AI processor to Chinese customers as early as next month, Reuters reported earlier this week. The 910C is more of an architectural evo ...
Investing.com - Shares in Alphabet (NASDAQ:GOOGL) jumped on Friday after the Google parent reported better-than-anticipated first-quarter income and backed its heavy artificial intelligence spending plans despite ongoing tariff-fueled economic turbulence.Operating income at the search giant came in at $30.6 billion during the period, well above analysts forecasts, while group-wide revenue was ...
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!BofA lowers Apple price target on AI delaysBank of America (BofA) lowered its price target on Apple Inc (NASDAQ:AAPL) to $240 from $250, citing delays in its AI launch and rising supply chain ...
Investing.com -- A sharp divergence between U.S. and Asian equities since mid-February is likely to continue, according to Bernstein, which argued that the so-called "great rotation" out of U.S. stocks has staying power amid rising economic uncertainty and relative valuation advantages overseas.So far this year, the S&P 500 is down 8.6%, while Japan and Asia ex-Japan though barely avoidin ...