Samsung Fell Behind on Chips. Now It’s Fighting Back.
The Korean electronics giant has struggled against Taiwan Semiconductor and SK Hynix. But the game isn’t over yet.
(Bloomberg) -- AI chip designer DeepX Co. raised 110 billion won ($80 million) in a funding round that multiplied its valuation and was led by the private equity firm of a Samsung Electronics Co. veteran known as a semiconductor pioneer.Most Read from BloombergBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionElon Musk Changes Tune on Tesla Superchargers After Mass FiringApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on
The Oracle of Omaha has purchased shares of his favorite stock for 23 consecutive quarters.
Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for almost $53 million. This artwork, a prime example of Ruscha’s text-based paintings, stands as a signature piece in Bezos’ collection. As concerns over stock market volatility persist, the world’s wealthiest
This is what could happen next to Nvidia shares.
Tesla Chief Executive Elon Musk on Friday said the EV giant is spending half a billion dollars to build out its supercharger stations this year, even as the Tesla head recently dismissed the company's entire supercharger team. Musk took to the social media platform X early Friday claiming that Tesla will spend more than $500 million to expand its supercharger network and "create thousands" of new chargers in 2024. In the first quarter, Tesla supercharger stations totaled 6,249, up 26% vs. Q1 2023.
Broadcom just ended the reign of Nvidia, usurping the top spot on this list of new buys by the best mutual funds.
The Dow Jones cut its gains Friday after hot inflation data. Nvidia stock rallied on strong sales from TSMC on the stock market today.
Investors are keying on Nvidia's first-quarter earnings, slated for May 22, to round out the Magnificent 7 reporting season.
Palantir gave investors clear insights into its direction for the rest of 2024.
Trump Media & Technology Group stock was rising early Friday as the former president’s high-profile court case continues in New York. The shares rose 1.1% in premarket trading to $55 after climbing 10% on Thursday—they’ve now gained 12% over the past 5 days. The stock has jumped around a lot since merging with a shell company to allow it to float on the stock market at the end of March, trading as high as $66 and as low as $23.