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US Needs More Chips Funding as AI Fuels Demand, Raimondo Says

(Bloomberg) -- Commerce Secretary Gina Raimondo said that the US will need continued investments in semiconductor manufacturing to regain global leadership and meet demand from artificial intelligence technologies. Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseStocks Fall as ‘AI Gold Rush’ Faces Nvidia’s Test: Markets WrapLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One...
United States Pat Gelsinger Sam Altman Bloomberg Businessweek Gina Raimondo Korea Samsung Electronics Co
Source: yahoo.com

Stocks Fail to Catch a Bid Before Nvidia's Results: Markets Wrap

(Bloomberg) — Wall Street traders kept a lid on stocks ahead of results from Nvidia Corp. โ€” the giant chipmaker at the heart of the artificial-intelligence frenzy that has powered the bull market. Treasury yields climbed after a $16 billion sale of 20-year bonds. Just hours away from the companyโ€™s quarterly numbers, investors around the…
City Of United Kingdom Lu Wang New York United States Palo Alto

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