Synaptics targets $40M annualized sales from Broadcom acquisition with expanded IoT portfolio
Synaptics announced a $198 million all-cash acquisition from Broadcom, projected to generate over $40 million in annualized sales. Rizvi stated this transaction strengthens their Edge AI strategy and ...
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AI Chip Stocks Rise On Latest Data Center Spending Plans
Leading AI chip stocks got a lift this week from hyperscale cloud computing companies reiterating their hefty data center ...
Don't panic, Nvidia will actually be a DeepSeek winner, JPMorgan says
DeepSeek sparked a global tech stock sell-off that cost Nvidia $600 billion in market value. But JPMorgan (JPM) Chase says the AI chipmaker is bound to benefit from the Chinese startup.
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Amazon increases 2025 spending to $100 billion in AI push
In 2024, this spending was still $83 billion. Amazon is trying to invest quickly in AI as competition from companies such as ...
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company reported $83 billion in capital expenditures last year. Amazon has been racing ...