Meta, led by Mark Zuckerberg, plans to begin production of its in-house Iris AI chip in September. This move is part of Meta's strategy to double its computing capacity to 14 gigawatts, enhancing its AI and data processing capabilities. The new chip is expected to support Meta's growing demand for advanced AI technology, potentially boosting its competitive edge in the tech industry.
The AI and semiconductor sectors are in early growth stages, with recent market fears creating a buying opportunity. Capital expenditure on AI is expected to surge into the multi-trillion dollar range, supported by strong guidance from companies like...
HSBC has upgraded Meta Platforms to a Buy rating, reflecting confidence in its new cloud computing strategy. Meta is negotiating a potential $10 billion deal to lease its computing infrastructure to AI research lab Anthropic, addressing the global ha...
In Q2 2026, artificial intelligence (AI) and related sectors like semiconductors and South Korean technology companies dominated investment themes, fueled by significant spending on AI infrastructure. The Roundhill Memory ETF (DRAM) was a standout pe...
TappAlpha launched the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), combining ten major US tech and growth stocks with a daily covered-call options strategy to generate monthly income. The fund includes big names like NVIDIA, Micro...
AMD will host its Advancing AI 2026 event in San Francisco, where Jefferies analysts expect the company to raise its AI CPU market estimate above $200 billion, surpassing Nvidia's figure. The event may also reveal details on AMD's next-gen MI500 GPUs...
