Will Arm Holdings Be a Trillion-Dollar Stock by 2035?
The chip designer still has plenty of room to grow.
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The chip designer still has plenty of room to grow.
The chipmaker's stock could hit a near-term ceiling this year.
Baidu and two other tech stocks represent lower-risk plays on next-gen vehicles.
Intel's (NASDAQ:INTC) stock recently slumped after the chipmaker posted its first-quarter earnings report. Its revenue and earnings surpassed Wall Street's conservative estimates, but its guidance indicated its slowdown would continue as it grappled with its chip shortage and R&D issues. Intel's manufacturing plans, which include investments in new plants and the launch of a new foundry unit for third-party chipmakers, also defied calls for the company to become a fabless chipmaker like Advanced Micro Devices (NASDAQ:AMD). Intel also postponed the launch of its long-delayed 7nm chips to 202...
NVIDIA (NASDAQ:NVDA) just unveiled Grace, its first high-end CPU for data centers. The chip, named after the computer science pioneer Grace Hopper, is an Arm-based chip that will be used to handle demanding AI and high-performance computing (HPC) tasks. NVIDIA claims Grace can deliver up to 30 times higher aggregate bandwidth than today's fastest servers, and up to 10 times higher performance for applications that process terabytes of data. It says the design will "enable scientists and researchers to train the world's largest models to solve the most complex problems." NVIDIA's jump from dat...