Nvidia Soars to Record Share of S&P 500 Nvidia, the renowned chipmaker, has been making waves in the stock market with its unprecedented growth, securing a record share of the S&P 500. Since the beginning of 2022, Nvidia’s stock has been on a steady upward trajectory, outperforming many other companies in the industry. This remarkable […]
Intel slashes jobs in major restructure
Intel Slashes Jobs in Major Restructure Intel, one of the leading chipmakers in the world, has recently announced a significant restructuring plan that includes the divestment of its Altera unit to Silver Lake. This move is part of Intel’s broader strategy to streamline its operations, focus on its core business areas, and drive long-term growth […]
US bans Chinese AI LLM DeepSeek from government devices
US Bans Chinese AI LLM DeepSeek from Government Devices In a move that reflects growing concerns over data security and privacy, the United States has taken a decisive step by banning the use of Chinese artificial intelligence (AI) language model DeepSeek on government devices. This prohibition comes amid escalating tensions between the US and China […]
DeepSeek models boost competition for Chinese AI chipmakers
A Strategic Shift in China’s AI Chip Landscape: DeepSeek Models Boost Competition for Chinese AI Chipmakers China’s AI chip industry is experiencing a significant strategic shift as the introduction of DeepSeek models sparks intense competition among Chinese AI chipmakers. These advanced models are revolutionizing the capabilities of AI technology, driving companies to innovate and enhance […]