Broadcom teams up with Audi to launch the Edge Cloud 4 Production initiative powered by VMware software, aiming to improve factory automation and reduce hardware and manual operations.
Broadcom announced enhancements to VMware vDefend, offering improved security planning, streamlined management, and scalability for VCF users. These updates have already shown a 40% decrease in cyber breach risk and 25% decrease in security costs.
Broadcom (AVGO) expands its 200G/lane DSP PHY portfolio with Sian3 and Sian2M, addressing the growing demands for connectivity in AI/ML clusters. These advancements offer optimized power management and cost efficiency for 800G and 1.6T optical transceivers.
NVIDIA Corp. establishes center for accelerated quantum research in Boston, along with collaborations with Alphabet, Google, GE Healthcare, IBM, CrowdStrike & Yum! Brands to drive advancements in AI and transform industries like healthcare and cybersecurity.
AMD discussing divesting data center production to Compal, Inventec, Pegatron & Wistron. Plants could be worth $3-4B. AMD's $4.9B acquisition of ZT Systems helped it acquire the assets.
Taiwan Semiconductor has begun production of advanced 4-nm chips for US customers in Arizona, with a $6.6 billion grant and plans to add a third fab by 2030.
Biden admin plans to update export rules targeting advanced semiconductors, restrict access for China and other 'adversaries'. Nvidia and AMD may see impact, major ETFs heavily exposed to them.
Nvidia (NASDAQ: NVDA) drops in premarket as China investigates antitrust breach during Mellanox acquisition. US-China tensions escalate over chip sanctions.
Nvidia Corp showcases Fugatto, a powerful generative AI model for creating sounds using text and audio prompts. Impressive capabilities for musicians, developers, and content creators.
Nvidia recently achieved a historic milestone, becoming the first company to exceed $3.6 trillion in market capitalization. Here is a brief look at some ETFs in the space that may benefit from exposure to this market leader.
AI leader NVIDIA is set to release its fiscal second-quarter 2025 results after the market’s close on Aug. 28. ETFs having the largest allocation to NVIDIA will be in focus ahead of its earnings report.
Intel disappointed investors as it reported lackluster second-quarter 2024 results. Investors should keep a close eye on the ETFs having the highest allocation to the world’s biggest semiconductor player and tap the opportunity when it rises.
