By Arsheeya Bajwa TAIPEI (Reuters) – Advanced Micro Devices unveiled its latest artificial intelligence processors on Monday and detailed its plan to develop AI chips over the next two years in a bid to challenge industry leader Nvidia. At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, which…
(Reuters) – Nvidia led global companies in market cap gains in May, buoyed by a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven surge in chip demand. Nvidia’s market cap soared to $2.69 trillion at the end of May, marking a nearly 25% increase during the month, as the announcement…
By Nathan Layne (Reuters) – Republican presidential candidate Donald Trump’s campaign and the Republican National Committee said on Monday they had raised $141 million in May, nearly doubling the prior month’s haul thanks to a flood of support following his conviction. The tally includes the $53 million the Trump campaign said it raised in the…
