Qualcomm, the mobile chip giant, has reportedly initiated discussions with Intel regarding a potential takeover, marking a significant development in the tech industry. If this deal materializes, it would be one of the largest in tech history, potentially reshaping the semiconductor landscape. This article Could This Be the Biggest Tech Merger of the Decade? Qualcomm’s…
Get Email Alerts and Follow Us: In his highly anticipated keynote at COMPUTEX 2024, NVIDIA CEO Jensen Huang introduced groundbreaking advancements that promise to redefine the landscape of artificial intelligence (AI) and computing. Highlighting the historical shifts in computing over the past six decades, Huang emphasized that we are on the brink of another transformative…
Get Email Alerts and Follow Us: Guerilla Stock Trading has been optimistic about Intel (INTC) despite a significant drop in its stock price, down 40% since January 2024. The decline is mainly due to Intel’s slow progress in AI compute sales compared to competitors Nvidia (NVDA) and AMD (AMD). Intel has struggled to adapt its…
Get Email Alerts and Follow Us: Broadcom’s fiscal Q2 2024 financial results reveal substantial growth driven by the integration of VMware and increasing AI revenue. The company reported consolidated net revenue of $12.5 billion, a 43% year-on-year increase, largely due to VMware’s full-quarter contribution. Excluding VMware, revenue grew 12% year-on-year, bolstered by an 80% increase…
Get Email Alerts and Follow Us: Oracle’s fourth quarter of 2024 was marked by substantial growth, driven by a significant increase in demand for its cloud services. This period saw the highest sales contract in Oracle’s history, largely due to the need for large language model training and a record level of sales for Oracle…
Get Email Alerts and Follow Us: Credo Technology (CRDO) is a leader in high-speed connectivity solutions, essential for AI infrastructure like the AiPhone. Their innovative and reliable technology enhances data communication, meeting high bandwidth and data rate demands cost-effectively. Credo’s mission focuses on pushing data infrastructure boundaries with secure, high-speed solutions. Their product portfolio, including…
Get Email Alerts and Follow Us: Chinese tech giants, like ByteDance, are circumventing U.S. government restrictions on advanced AI chips by renting these chips for use on U.S. soil. The U.S. has restricted direct sales of Nvidia‘s A100 and H100 AI chips to Chinese companies due to national security concerns, but renting these chips within…
Get Email Alerts and Follow Us: Intel Corporation (INTC) saw a rise in pre-market trading on June 4, 2024, following the unveiling of its new Xeon 6 data center chips at Computex in Taipei. The new chips are designed for the burgeoning AI data center market, with two versions: a high-performance chip for intensive AI…
Get Email Alerts and Follow Us: Dell Technologies has started fiscal year 2025 strongly, reporting a Q1 revenue of $22.2 billion, a 6% increase from last year. Operating income reached $1.5 billion, with a diluted EPS of $1.27. The Infrastructure Solutions Group (ISG) saw notable growth, driven by AI-optimized server orders, while the Client Solutions…
Get Email Alerts and Follow Us: Elon Musk’s xAI has officially announced its Series B funding round, raising an unprecedented $6 billion from major investors. This record-setting funding round values the company at $24 billion post-money, a remarkable achievement just a year after its launch in July 2023. With this substantial financial backing, xAI is…