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BLOOMBERG Bloomberg July 3, 2024

We will get a preview of the bloomberg screen time event in los angeles bringing together executive and industry insiders to talk the state of streaming and more. First, lets get a check of financial markets. Abigail for technology, were looking at a solid rally, up about. 3 . The s p 500 has been fluctuating. Beneath the surface, we have adobe popping amid a recent conference where ai, they were very positive on the future of ai for their company. Nvidia is higher. Citi is bullish on their september gaming data. Pelletier is up on the Army Contract they received. Relative to the nasdaq 100, it is the topperforming of the equity indexes. In october, it is up about 3 my closer to 4 . This is a different version of that month the s p 500 tech index is climbing. It is interesting because yields are influencing all parts of the market. It could be higher for longer, although there has been talking back by the fed and the haven bid on t ....

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amd: AMD forecasts $45 billion AI chip market this year

As AMD launched the new processors, company executives outlined how rapidly demand for AI chips has increased. The company said it now expects the market for data center AI chips to grow to roughly $400 billion by 2027. ....

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AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024, ET Telecom

For next year, AMD has a "significant" supply of AI chips that is "well above" $2 billion worth, CEO Lisa Su said at a press briefing. "So there s a lot of supply that we have - let s call it reserved - and we have a lot of customers, well above the $2 billion as well," Su said. ....

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