Nvidia announced a $2 billion investment in Marvell Technology, boosting Marvell's shares by over 11%. The partnership will integrate Marvell into Nvidia's AI ecosystem, facilitating customer access to AI infrastructure. Both companies will collaborate on silicon photonics and telecommunications networking, enhancing AI compute capabilities. This move is part of Nvidia's broader strategy of investing in tech firms to expand its AI infrastructure footprint.
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has delivered a 48.9% return year-to-date, nearly doubling the 25% return of the Vanguard Information Technology ETF (VGT). Unlike VGT, which heavily invests in mega-cap tech giants like Nvidia,...
