By Rashika Singh (Reuters) -Shares of chip company Advanced Micro Devices and server maker Super Micro Computer tumbled in early trading on Wednesday after the companies posted underwhelming results in their data center segments, shaking investor confidence in their AI growth narratives and competitive positions. AMD dropped 5.1%, while Super Micro plummeted about 18.2%. The selloff comes as both companies …
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The latest generative AI models are not just stand-alone text-generating chatbots—instead, they can easily be hooked up to your data to give personalized answers to your questions. OpenAI’s ChatGPT can be linked to your Gmail inbox, allowed to inspect your GitHub code, or find appointments in your Microsoft calendar. But these connections have the potential to be abused—and researchers have …
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Facebook Tweet Email Link A 22-year-old US Army soldier in Texas was arrested Wednesday and charged with attempting to send sensitive information about US battle tanks to Russia, the Justice Department said in a news release. Federal prosecutors allege that Taylor Adam Lee, who is an active-duty service member stationed at Fort Bliss and possesses a very high, top-secret clearance, …
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The Tucson city council voted unanimously Wednesday against bringing the massive and water-devouring Project Blue data center — tied to tech giant Amazon — into city limits. After weeks of escalating public outrage over the lack of transparency around Project Blue, the council voted to end negotiations and remove the annexation and development agreement from the upcoming council meeting agenda …
Read More »AMD, Super Micro shares slide as AI bets falter on data center results miss Reuters AMD reports weaker-than-expected earnings even as revenue tops estimates CNBC AMD stock falls more than 6% on disappointing Q2 data center results Yahoo Finance Advanced Micro Devices Logs Higher Profit, Sales The Wall Street Journal AMD CEO Says She Sees ‘Positive Signals,’ Easing Investor Fears Bloomberg.com Source link
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Disney said it plans to stop reporting subscribers numbers with its quarterly reports, calling the numbers less meaningful to evaluating its business following Netflix move to do the the same. “We are focused on managing our businesses to deliver growth in a sustained way, and to align ourfinancial reporting with how we operate. Since we began reporting the number of …
Read More »Apollo Global to Buy Builder of Large-Scale US Data Centers Bloomberg.com Apollo Funds agrees to buy majority stake in Stream Data Centers MSN Apollo funds to acquire majority stake in hyperscale data center developer (APO:NYSE) Seeking Alpha Apollo acquires majority stake in Stream Data Center to increase digital infrastructure layout 富途牛牛 Apollo Targets Data Center Growth With Stream Acquisition Deal: Report By Stocktwits Investing.com India …
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Read More »Asian Traders Cautious as US Data Clouds Fed Path: Markets Wrap Bloomberg.com Stocks rise on Fed rate cut hopes after disappointing jobs data Reuters Asian shares trade mostly higher after stocks on Wall Street extend losses The Hill Emerging Markets Assets Gain as Traders Bet on Fed Rate Cuts Yahoo Finance Asia stocks climb tracking Wall Street’s rebound; RBI decision looms Investing.com Source link
Read More »AMD data center results disappoint, shares slump Reuters AMD reports weaker-than-expected earnings even as revenue tops estimates CNBC AMD posts mixed Q2 results but offers better-than-expected Q3 outlook on AI sales Yahoo Finance Advanced Micro Devices Logs Higher Profit, Sales The Wall Street Journal AMD Earnings Were Solid. The Stock Is Falling. Barron’s Source link
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