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Microsoft Unveils AMD-Powered AI Chips To Rival Nvidia: Report - Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)

Microsoft Corp is set to introduce AMD's MI300X AI chips to its Azure cloud services, challenging Nvidia's dominance. Detailed at the upcoming Build developer conference, this move aims to ease the demand for Nvidia GPUs, enabling customers to build large-scale AI models.
Nvidia Gpus Arm Holdings Technology Select Sector Ishares Us Technology Devices Inc Nvidia Corp

3 Sector ETFs to Play on Renewed Fed Rate Cut Hopes - Schwab U.S. REIT ETF (ARCA:SCHH), SPDR Select Sector Fund - Technology (ARCA:XLK)

In April, inflationary pressures showed signs of easing, with the Consumer Price Index (CPI) on a "core" basis rising 3.6% year over year, in line with expectations. This marked a cooling from the 3.8% increase observed in March. Monthly core price increases also aligned with expectations at 0.3%, down from 0.4% in the previous three months.
United States Jerome Powell Stephen Juneau Technology Select Sector Federal Reserve Consumer Price Index

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