During the All-In Summit in Los Angeles, President Donald Trump called Nvidia CEO Jensen Huang on stage, dismissing concerns about artificial intelligence and data center construction as a "hoax." Trump praised data centers as vital economic drivers, calling them the "oil of the next 20, 25 years," and criticized calls to slow AI development, suggesting opposition may be influenced by foreign interests like China. This interaction highlights Trump's support for rapid AI growth and Nvidia's central role in the tech economy amid ongoing debates about AI regulation and safety.
Nvidia is encountering concerns about a potential slowdown in AI development due to rising fears around AI risks, highlighted by calls from industry leaders to pace AI progress. Despite this, strong structural demand for Nvidia's AI data center produ...
Marvell Technology's stock fell 7% amid concerns over a slowdown in AI infrastructure spending and an expected Federal Reserve rate increase. This decline led a broader sell-off in semiconductor stocks, with Broadcom down 4% and NVIDIA retreating 3%....
In Q2 2026, Baron Global Opportunity Fund's Institutional Shares gained 26.7%, significantly outperforming the MSCI ACWI Index's 14.9% rise. The fund initiated five new positions including Alphabet and Samsung Electronics, and increased holdings in s...
Nebius Group reported a massive $37.49 billion in contracted backlog, reflecting multi-year revenue commitments that provide strong business visibility. About 70% of these deals include upfront prepayments, which fund much of the company's capital ex...
President Donald Trump publicly criticized Anthropic CEO Dario Amodei on Truth Social, calling him a "perfect little angel" and arguing that AI only needs one guardrail: a strong president. Trump emphasized the administration's strong regulatory powe...
