DeepSeek model highlights potential pivot to rise of on-device AI chips
The release of DeepSeek-R1 last month prompted temporary volatility among tech stocks, as its creators boasted the cutting-edge reasoning model was made at a fraction of the price of similar models ...
Wall Street’s Magnificent Seven loses its shine
A Bloomberg index tracking the Magnificent Seven has added just 1 per cent this year, with losses for Tesla, Microsoft and Alphabet offset by a 25.8 per cent rally for Meta. The Magnificent Seven had ...
Broadcom could be a winner from Arm's push into making its own chips: JPM
As Arm Holdings (NASDAQ:ARM) pushes further into designing its own chips and signing up clients such as Meta Platforms (META), one beneficiary of the initiative could be the company that actually ...