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Apart from this, existing supercomputers such as PARAM will also be included in this plan to create and augment the artificial intelligence (AI) computing capacity in the country, Chandrasekhar said.
The likelihood the company will become a significant player in chips for artificial intelligence is improving, according to Wedbush.
One Morgan Stanley analyst is cheering Western Digital's stock as a business separation looms.
S&P 500 profits are expected to fall — but Nvidia, Amazon and Meta should help cushion the blow.
Nvidia and Alphabet could be among the biggest winners in an AI-driven Nasdaq rally.