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Foxconn Steps Up to Meet Skyrocketing AI Chip Demand

Foxconn Steps Up to Meet Skyrocketing AI Chip Demand

In an exciting development for the tech industry, Foxconn has announced plans to establish the largest manufacturing facility in the world for the Nvidia GB200 chip. This initiative aims to address soaring demand associated with Nvidia’s popular Blackwell platform, according to a
8 October 2024
Inflection AI Embraces New Technology with Intel’s Gaudi 3

Inflection AI Embraces New Technology with Intel’s Gaudi 3

In a notable shift within the tech landscape, Inflection AI has announced that its next enterprise platform, Inflection 3.0, will transition from utilizing Nvidia GPUs to adopting Intel’s Gaudi 3 accelerators. This change reflects Inflection AI’s evolution in response to market demands
8 October 2024
Market Insights: NVIDIA’s Notable Position

Market Insights: NVIDIA’s Notable Position

Amidst the ongoing dynamic landscape of stock trading, recent discussions have turned a spotlight onto NVIDIA Corporation (NASDAQ: NVDA) as it aligns itself with the influences of major stock figures. Jim Cramer, the engaging host of Mad Money, shared reflections regarding significant
8 October 2024
China’s Economic Stimulus and Its Impact on Global Markets

China’s Economic Stimulus and Its Impact on Global Markets

The recent fluctuations in the stock market can be attributed to rising Treasury yields and uncertainties surrounding upcoming economic policies from China. As the 10-year Treasury yield surpassed 4%, traders noted a pullback in major indexes. Pivotal movements occurred within notable stocks:
7 October 2024
Market Trends: Key Movements and Insights

Market Trends: Key Movements and Insights

The financial markets experienced notable fluctuations last week, highlighted by significant job growth and a decline in unemployment. In September, nonfarm payrolls rose dramatically, adding 254,000 positions, resulting in a decrease in the unemployment rate to 4.1%, which was lower than many
7 October 2024
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