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GameStop and AMC tumble as meme stocks rally deflates | Honolulu Star-Advertiser

GameStop and AMC tumble as meme stocks rally deflates | Honolulu Star-Advertiser
staradvertiser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from staradvertiser.com Daily Mail and Mail on Sunday newspapers.

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Qualcomm forecast beats estimates as AI revives smartphone market

Qualcomm on Wednesday
forecast fiscal third-quarter sales and adjusted profit above
Wall Street expectations, driven by a faster-than-expected
recovery in smartphone markets thanks to. ....

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Nvidia stock surges as revenue forecast tops estimates, AI demand continues

(Reuters) -Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering demand for its industry-leading artificial-intelligence chips, sending its shares up 10% after-hours. The already-hefty demand for the company's data center chips and graphics processing units (GPUs) continues to grow as firms scramble to expand their AI offerings. Nvidia's silicon dominates the global market for AI chips, where it counts the likes of Microsoft among its customers. ....

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