SpaceX held its second Hyperloop Pod design competition and Darrell Etherington was there to talk to the three teams competing. The goal of the competition was to field the fastest pod in a race down the mile-long test track SpaceX built near its headquarters in Hawthorne, CA.
The insurer was accused by a short-seller of "extensive" fraud.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter, reflecting a boom in AI development that’s boosting demand for the advanced chips it makes for the likes of Nvidia Corp.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackSingapore Loses ‘World’s Best
People's wealth could take a huge hit as the stock market peaks after one of the longest bull markets ever, according to an investment chief.
Will Chinese "overproduction" of semiconductor chips swamp the market?
TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc and Nvidia supplier, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC's stock to a record high. TSMC saw January-March net profit rise to T$225.5 billion ($6.98 billion) from T$206.9 billion a year earlier.
Even the best stocks fall in a bear market. Here's what to do during a stock market correction to protect your portfolio.
A downbeat report from ASML dragged down other AI stocks.
Investors rarely get a chance to buy growth stocks at such depressed valuations.
Prominent billionaire money managers pared down their stakes in artificial intelligence (AI) titan Nvidia in the December-ended quarter and piled into two of the company's top architectural competitors.
With strong demand and AI partnerships with Google in hand, Nvidia stock shows resilience and etches a potential breakout.