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AI-related chip stocks sold off a bit during the last couple of weeks of 2024, but they got a lift Friday on signs of strong AI chip demand. On Monday morning, Hon Hai Precision (OTC: HNHPF), also ...
2024 could be dubbed the year of artificial intelligence (AI), as the latest advances involving generative AI made their way into mainstream usage and AI-associated stocks helped power the market ...
The company's total AI-related revenue was $12.2 billion in its fiscal 2024, but management believes it will capture a leading share of a $60 billion to $90 billion opportunity by 2027. These ...
The Nasdaq and Dow Jones Industrial Average also have reflected investors' optimism, on track for increases of 29% and 18%, respectively, this year. Against this backdrop, one major theme stood ...
Image source: Getty Images. 1. Broadcom. Broadcom (NASDAQ: AVGO) is a major player in the AI market because of its application-specific integrated circuits (ASICs), many of which are now being ...
Shares of artificial intelligence (AI) semiconductor stocks Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Arm Holdings (NASDAQ: ARM) rallied on Friday, up 4.5%, 3.5% ...
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