Broadcom says it will sell $12 billion in AI parts and custom chips this year
Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI
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Mobile
Nvidia says it didn’t receive antitrust subpoena from DOJ
"We have inquired with the U.S. Department of Justice and have not been subpoenaed," an Nvidia representative said. Source link
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Nvidia slides further in post-market trading after plunge that wiped out almost $300 billion in market cap
Nvidia's huge rise in recent years has been directly related to its dominance in AI chips for data centers. Source
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Nvidia plunges almost 10%, dragging basket of chip stocks to worst day since March 2020
Nvidia's steep drop on Tuesday knocked almost $300 billion in market cap off the chipmaker and weighed on the broader
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Elon Musk’s X can proceed to trial in case against Media Matters after Texas judge denies dismissal request
A federal judge in Texas has ruled against Media Matters and its request to dismiss a lawsuit filed by Elon
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Cord cutters prepare for political ad blitz as campaigns flood Roku, Hulu ahead of election
Connected TV are capturing more political advertising dollars than ever as campaigns rush to reach prospective voters. Source link
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Dell beats estimates as server sales soar 80%, riding AI wave
Dell said it recorded $3.1 billion of AI server sales in the quarter, up from $1.7 billion in the May
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Google to relaunch tool for creating AI-generated images of people after pulling service due to inaccuracies
Google's Imagen 3 will allow Gemini users to create AI photos of people in the coming days. Source link
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Nvidia reports earnings after the bell
Nvidia reports second fiscal-quarter earnings Wednesday after the bell. Source link
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