Nvidia AI chips tag — on news-trading.com

Nvidia AI chips

3 days ago

AI and Cloud Stock Surge: Meta, Microsoft Earnings Ignite Rally Across Nvidia, AMD, and Amazon

In a resounding display of tech-sector strength, shares of major U.S. technology firms tied to artificial intelligence (AI) and cloud computing posted significant gains in after-hours trading on Wednesday. The catalyst? Earnings reports from Meta Platforms Inc. $META and Microsoft Corp. $MSFT that not only beat Wall Street expectations but also reignited enthusiasm across the broader AI and cloud ecosystem.

Foxconn’s Record Revenue and the Role of Artificial Intelligence in Market Dynamics

Taiwanese tech giant Foxconn, the world’s largest contract electronics manufacturer and a key supplier of Apple’s iPhones, has reported record-breaking financial results. For the first quarter of 2023, Foxconn's revenue jumped by an impressive 24.2%, reaching NT$1.64 trillion (approximately $49.5 billion). However, this figure narrowly missed analysts’ estimates of NT$1.68 trillion, as forecasted by LSEG SmartEstimate, which prioritizes more accurate predictions from trusted sources.

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Flame

Shell Plc Demonstrates Financial Resilience and Strategic Management Amid Market Uncertainty

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Thunder

Reddit Inc. Shares Surge Following Stronger-Than-Expected Revenue Forecast

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Maverick

Block Inc. Shares Plummet After Disappointing Results

Nvidia AI chips

William@StealthTrader

3 days ago

AI and Cloud Stock Surge: Meta, Microsoft Earnings Ignite Rally Across Nvidia, AMD, and Amazon

In a resounding display of tech-sector strength, shares of major U.S. technology firms tied to artificial intelligence (AI) and cloud computing posted significant gains in after-hours trading on Wednesday. The catalyst? Earnings reports from Meta Platforms Inc. $META and Microsoft Corp. $MSFT that not only beat Wall Street expectations but also reignited enthusiasm across the broader AI and cloud ecosystem.

Foxconn’s Record Revenue and the Role of Artificial Intelligence in Market Dynamics

Taiwanese tech giant Foxconn, the world’s largest contract electronics manufacturer and a key supplier of Apple’s iPhones, has reported record-breaking financial results. For the first quarter of 2023, Foxconn's revenue jumped by an impressive 24.2%, reaching NT$1.64 trillion (approximately $49.5 billion). However, this figure narrowly missed analysts’ estimates of NT$1.68 trillion, as forecasted by LSEG SmartEstimate, which prioritizes more accurate predictions from trusted sources.

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