Breaking AI News & Articles – Updated Daily

Today’s News: Nov 25, 2024

Semiconductors

AMD has unveiled the specifications for its new MI300 chip, set to power the upcoming supercomputer El Capitan. Rumors suggest that the largest cloud services provider, previously loyal to Nvidia, may be interested in the MI300. The chip offers a unique combination of CPU and GPU hardware, making it highly versatile. Additionally, it requires minimal adjustments to existing data center infrastructure for easy integration. This launch could be a significant move for AMD in challenging Nvidia’s market dominance.

Axcelis Technologies (ACLS) is a smaller company valued at $5.4 billion, but its stock has more than doubled this year due to strong performance. Unlike Nvidia, Axcelis is a semiconductor-service company specializing in ion implantation equipment for chip fabrication. With AI adoption increasing, leading chipmakers will likely have increased demand for hardware and rely on Axcelis and similar companies to expand production capacity. Axcelis has received an overwhelming amount of orders in the past year, resulting in a record-high backlog of $1.27 billion.

Broadcom Inc. (NASDAQ: AVGO) is a leading global technology company that designs and manufactures a wide array of semiconductor and infrastructure software solutions. Their product portfolio spans across critical markets such as data center networking, wireless communications, enterprise storage, industrial applications, and automotive platforms.

In the wired and wireless communication sectors, Broadcom offers chips for data center networking, broadband access, smartphones, and base stations. Their enterprise storage solutions include controllers for hard disk drives and solid-state drives, while their industrial end market solutions cater to factory automation and energy systems.

Broadcom’s commitment to innovation is also reflected in their financial strategies, including a $10 billion share repurchase authorization through December 2023 and a 2.04% dividend offering. With a diverse range of products and a strong financial position, Broadcom continues to be a key player in the global technology landscape, driving advancements in various technological domains.

Cohu is a semiconductor-service company specializing in advanced testing and handling equipment. Their technologies include using true infrared to detect hidden structural cracks in silicon and employing AI algorithms to identify small scratches. They are also a leader in thermal handlers for high-performance data center chips used in AI applications.

Marvell Technology Inc. (NASDAQ: MRVL) is a company that provides data infrastructure semiconductor solutions. Here’s a detailed look at the types of chips and related products they manufacture:

  1. System-on-Chip (SoC) Products: Marvell develops complex SoC architectures that integrate various functionalities, including analog, mixed-signal, and digital signal processing.

  2. Ethernet Solutions: The company offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches.

  3. Processors: Marvell provides single or multiple core processors that are used in various applications.

  4. Storage Controllers: These are designed for hard disk drives and solid-state drives, and they include host system interfaces like serial attached SCSI, serial advanced technology attachment, peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics.

  5. Electro-Optical Products: This category includes pulse amplitude modulations, coherent digital signal processors, laser drivers, trans-impedance amplifiers, silicon photonics, and data center interconnect solutions.

  6. Fiber Channel Products: Marvell offers products like host bus adapters and controllers for fiber channel connectivity.

  7. Custom Application Specific Integrated Circuits (ASICs): These are specialized chips designed for specific applications.

  8. AI Sales and Cloud-Optimized Silicon Platform: The company is also focusing on AI applications, with projections of substantial sales in AI chips in the coming years.

Marvell’s diverse product portfolio positions them to be a significant player in various sectors, including data centers, networking, storage, and AI applications.

Micron Technology (MU) is a leading manufacturer of memory (DRAM) and storage (NAND) chips, catering to various industries from smartphones to data centers. While investors have been focused on semiconductor giants like Nvidia, Micron’s potential in the growing AI market shouldn’t be overlooked. AI servers typically require significantly more DRAM and storage, and as AI deployment expands, Micron has what the industry needs.

Nvidia (NVDA) has become synonymous with AI, with a history of delivering AI supercomputers and supplying GPU chips for training platforms like ChatGPT. The company holds an estimated 90% market share in the segment of data center infrastructure upgrades needed to support accelerated computing and AI. Nvidia CEO, Jensen Huang, believes there is a $1 trillion opportunity in this space.

AI Tools & Services

Alphabet Inc. (GOOGL), the parent company of Google, is a prominent player in the AI field. With advanced technologies and vast data resources, Alphabet leverages AI algorithms for personalized experiences, targeted ads, and virtual assistants like Google Assistant. DeepMind, an Alphabet subsidiary, excels in AI research, achieving remarkable milestones. Google Cloud offers AI tools for businesses. Alphabet’s focus on AI research and integration into its products positions GOOGL stock well for investors seeking AI-driven growth.

Adobe (ADBE) is a software company that makes software for content creation, marketing, data analytics, document management, and publishing. Its flagship product, Creative Cloud, is a suite of design software sold via subscription. Adobe is well-positioned for the AI revolution and sees AI as evolutionary with tools like Firefly and Figma aimed at the corporate market 1. Adobe is adding generative AI features to its offerings, based on a system called Sensei AI it has been working on for a decade. Adobe Firefly competes with tools like OpenAI’s DALL-E and Leap Motion’s MidJourney

C3.ai Inc. (AI) is an enterprise artificial intelligence (AI) software company that provides software-as-a-service (SaaS) applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. The company provides two families of software solutions: C3 AI Suite and C3 AI applications 12. Is there anything else you would like to know about the company?

META (formerly Facebook) (META) is actively leveraging AI technologies to enhance its platform and products. With a vast user base and abundant data, META utilizes AI for personalized content, improved user experiences, and content moderation. META’s commitment to ethical AI practices and investments in AI research position the company as a significant player in the AI space. Investors interested in AI growth may find META stock an attractive option due to its focus on AI-driven innovations.

Microsoft (MSFT) has become a driving force in AI advancements, leading to significant stock growth. With a strong presence in the tech industry, Microsoft excels in leveraging AI across its products and services. Azure, their cloud computing platform, provides powerful AI tools and services, enabling businesses to harness AI for their operations. Notably, Microsoft has invested in and established ties with OpenAI’s ChatGPT, further solidifying its position in AI-driven innovations. With a diverse portfolio spanning software, hardware, and cloud solutions, Microsoft is well-positioned to capitalize on the continued growth of AI. Investors seeking to benefit from the transformative potential of AI would find Microsoft stock an attractive choice.

Salesforce, Inc. (CRM) provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers. The company’s service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer service and support at scale. Salesforce uses AI in its services, including Einstein GPT, the world’s first generative AI CRM technology, which delivers AI-created content across every sales, service, marketing, commerce, and IT interaction.

ServiceNow Inc (NOW) provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. It operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools.

Symbotic Inc. (SYM) is an automation technology company that provides robotics and technology to improve efficiency for retailers and wholesalers in the United States. The company offers the Symbotic System, an end-to-end warehouse automation system for product distribution. Insiders own 29.56% of the company shares, while shares held by institutions stand at 58.08% with a share float percentage of 82.45%. Symbotic Inc. has a total of 79 institutions that hold shares in the company. One of the top institutional holders is Softbank Group Corporation with over 22.0 million shares worth more than $502.48 million.

Upstart Holdings Inc. (UPST) is a leading AI-powered lending platform revolutionizing the lending industry. Utilizing advanced algorithms and machine learning, Upstart assesses creditworthiness based on diverse data points, enabling more accurate lending decisions. By leveraging AI, Upstart aims to provide credit access to underserved individuals. The company’s innovative approach and AI-driven models have fueled impressive growth. Investors seeking opportunities in AI-driven fintech may find UPST stock appealing, given Upstart’s commitment to smarter lending practices and its position as a key player in the industry.

AI STOCK TICKER
  • Loading stock data…

AI INVESTING

The Unseen Power of Artificial Intelligence Artificial Intelligence (AI) is no longer a concept of the future, it’s a reality of the present. Its influence is seen in every industry, from healthcare to aviation, and

Buffett’s AI Bet: A Deep Dive Warren Buffett, the renowned CEO of Berkshire Hathaway, has always been a figure of interest for Wall Street professionals and everyday investors alike. His investment strategies, transparent and insightful,

The Unyielding Powerhouse: TSMC In the intricate network of technology and AI, the core of power lies silently embedded within the chips that power the infrastructure. Enter Taiwan Semiconductor, a luminary in the domain of

On Trend

Video Stories

Youtube Summaries: AI Takes the Wheel In the ever-evolving landscape of digital media, YouTube is once again testing new ground. This time, it’s not about flashy graphics or new user interfaces; it’s about the very…

OpenAI is at it again. It’s been brewing a new version of its generative artificial intelligence (AI) imaging model, sneaking peeks to a select few. YouTube’s very own MattVidPro managed to sneak out some samples…

Stable Diffusion SDXL 1.0 Released! Stability AI Shares Secret Stable Diffusion Weights! Following the limited, research-only release of SDXL 0.9, the full version of SDXL has been improved. The company has shared the stable diffusion…