Semiconductor’s After White House Imposes New AI Chip Export Restrictions

The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). What Happened: Following the announcement, Nvidia’s shares experienced a 3% drop, while AMD’s stock saw a 2% dip in premarket trade, according to data from Benzinga Pro. The […]

Intel Stock Has Fallen Over 58% In 1 Year, But Citi Maintains ‘Neutral’

Intel Corp. (NASDAQ:INTC) discussed its priorities for 2025 with Citi Research analyst Christopher Danely, which includes the company’s AI ambitions, solving CPU manufacturing issues, and the appointment of a new CEO. What Happened: David Zinsner and Michelle Johnston Holthaus were named as the interim co-CEOs of Intel on Dec. 2, 2024, while the company searched […]

Solana Down 6% As Expert Touts ‘Relatively Cheap’ Price: What Is Going On?

Solana (CRYPTO: SOL) has dropped below the $200 mark, down 6% on the day as the wider cryptocurrency market continues its slide. Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend Solana (CRYPTO: SOL)  $196.99 $95.3 billion -6.2%  +3.9%  Bitcoin (CRYPTO: BTC)  $95,256.56  $1.88 trillion -5.3%  +1.8%  Ethereum (CRYPTO: ETH)  $3,353.91  $404.2 billion  -7.7% +0.8%  Trader […]

Warren Buffett and Other Billionaires Load Up on Energy Stocks

As the most powerful investors in the world are loading up on energy investments following President-elect Donald Trump’s victory, this investor highlights a profitable and lower-risk oil and gas play that is “set to outperform all the rest.” What Happened: Warren Buffett holds $13.15 billion worth of Occidental Petroleum (NYSE:OXY) as of the third quarter […]

Broadcom Expects Decade-Long AI Chip Boom as Big Tech Invest Billions

Broadcom Inc (NASDAQ:AVGO) chief Hock Tan expressed enormous conviction over the sustainability of the artificial intelligence frenzy as Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, Meta Platforms Inc (NASDAQ:META) and TikTok parent ByteDance splurged on designing custom processors that accelerate training and deployment of AI systems, the Financial Times reports. Reportedly, OpenAI and Apple Inc (NASDAQ:AAPL) also […]

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Semiconductor’s After White House Imposes New AI Chip Export Restrictions

January 13, 2025

The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). What Happened: Following the announcement, Nvidia’s shares experienced a 3% drop, while AMD’s stock saw a 2% dip in premarket trade, according to data from Benzinga Pro. The […]
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