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UBS raises 2024 forecast for S&P 500 after 'surge in AI investment'

UBS Group’s global wealth management business has raised its year-end target for the S&P 500 index to 5,200, citing drivers such as surging investment in...

David-lefkowitz , Federal-reserve , Nvidia , Nvidia-corp , Ubs-group , Wealth-management , Dow-jones-industrial-average , Nasdaq-composite , Article-normal , Stocks , Ai , Sp500

CEOs of Intel, OpenAI chat about future of AI and 'mind-boggling' need for chips

Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the...

Taiwan , Ohio , United-states , San-francisco , California , Santa-clara , Sam-altman , Openai-sam-altman , Pat-gelsinger , Gina-raimondo , Nvidia , Microsoft

Tech Stock News: Intel and OpenAI Talk Chips, Google to Train AI on Reddit

Intel would like to get back into the conversation about artificial-intelligence chips. It looks to have OpenAI CEO Sam Altman on board.

Taiwan , Pat-gelsinger , Sam-altman , Adam-clark , Patrickt-fallon-bloomberg , Reuters , Microsoft , Intel , Foundry-services , Taiwan-semiconductor-manufacturing , Intel-foundry , Taiwan-semiconductor

Synopsys's stock is another chip and AI play that's soaring after earnings report

Shares of Synopsys Inc. rocketed into record territory as the semiconductor-design-software company beat quarterly profit expectations and raised its...

Sassine-ghazi , Vaneck-semiconductor , Synopsys , Nvidia-corp , Synopsys-inc , Ansys-inc , Executive-sassine-ghazi , Banc-capital , Jason-celino , Article-normal , Ai , Computers-electronics

Nice Gets an AI Boost to Earnings and Its Call-Center Software

Call-center-systems provider Nice posted a strong first quarter, along with robust guidance. It sees new opportunities with the application of artificial...

Barak-eilam , Ericj-savitz , Article-normal , Artificial-intelligence-technologies , Industrial-electronics , Industrial-goods , Security-systems , Technology , Financial-performance , Earnings , Corporate-industrial-news