Nvidia Leads the Charge Shares of technology companies surged amid signs that the AI boom is gathering momentum. Nvidia shares leapt by more than 15% after the chip maker forecast burgeoning growth for its artificial-intelligence supporting semiconductors. Gains for Nvidia have amounted to more than 60% for the year to date. On Thursday, Nvidia added $276.7 billion in market … [Read more...] about AI Stocks Surge in Tech Sector
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Samsung’s Profit Warning Sends Shockwaves through Stock Market
South Korean electronics manufacturer Samsung has issued a profit warning that has caused ripple effects in the stock market, affecting several major technology companies. According to Samsung, its operating profit for the fourth quarter is expected to be 35% lower than the previous year, which is below market expectations. As the world's largest producer of memory chips, … [Read more...] about Samsung’s Profit Warning Sends Shockwaves through Stock Market
