NVDA Jul 2024 315.000 put
- Yahoo Finance Video
Intel flexes its new chips at the Computex 2024 conference
At the Computex 2024 conference in Taipei, Taiwan, Intel (INTC) CEO Pat Gelsinger showcased the company's new data center chip, the Xeon 6. Yahoo Finance Tech Editor Dan Howley explains the latest details on Intel's chip offerings and their various use cases as Intel hopes to better compete with the likes of Nvidia (NVDA) and Advanced Micro Devices (AMD) For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Nvidia: BofA lifts price target on new AI chip announcement
Shares of Nvidia (NVDA) are soaring on Monday following the company's announcement of new AI chips, sparking optimism among investors and analysts. In a bullish move, Bank of America analysts have raised their price target on the chipmaker to $1,500, up from the previous target of $1,320. Yahoo Finance's Seana Smith and Madison Mills break down the details, providing insight into the intensifying competition as AMD (AMD) unveiled its own AI chip. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
Nvidia, AMD's new chips spice up AI race for data centers
Nvidia (NVDA) and Advanced Micro Devices (AMD) introduced their latest generation of AI chips — Nvidia's Ruben and AMD's MI325X accelerator — as the chip giants accelerate into a new product cycle. I/O Fund Lead Tech Analyst Beth Kindig joins The Morning Brief to comment on the market share these chip leaders have room to acquire as they roll out more of these products in the tightening AI race. "So in this AI battle, this AI competition between AMD and Nvidia, what we're seeing is something that has never been done before at the data center level," Kindig tells Yahoo Finance. "They're basically going to be releasing these every year, as you said, there's Blackwell by the end of this year, Blackwell Ultra, Ruben, Ruben Ultra. And within that, there's additional variations." Catch Yahoo Finance's full interview with Nvidia CEO Jensen Huang. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
