3 AI Chip Stocks to Buy in November After the October Sell-Off

October was a rough month for many stocks. Some of the biggest names in artificial intelligence (AI) sold off. Big names in the industry, like Micron (NASDAQ: MU), sold off around 20%. Furthermore, stalwarts like Nvidia (NASDAQ: NVDA) declined more than 10% while Broadcom (NASDAQ: AVGO) lost 5%. However, I think November could be the…

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Nvidia CEO Jensen Huang admits affair as company launches investigation into foreign spy accusations

Nvidia chief Jensen Huang has admitted to having an extramarital affair as his company announced it will investigate reports he was the “target of a foreign intelligence effort.” The separate statements come amid growing concern over Huang’s close relationship with an executive from Singapore-based tech company Megaspeed, Alice Huang. Several US outlets have reported that…

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As Microsoft offers buyouts to 60,000 employees, staff write open letter; says: Working at Microsoft has become joyless and…

FILE – The logo of Microsoft is seen outside its French headquarters in Issy-les-Moulineaux, outside Paris on May 13, 2024. (AP Photo/Thibault Camus, File) A group of current and former Microsoft employees is circulating an open letter accusing the company of chasing artificial intelligence at the cost of its own people, customers and climate goals….

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After the Bubble Bursts – Paul Krugman

Has AI reached its Wile E. Coyote moment? Ever since the huge boom in AI-related capital expenditures, especially data centers, began, many observers have warned that this boom looks unsustainable. AI is a remarkable technology, which may yield big economic payoffs (although these payoffs still aren’t clear in the data.) But it’s doubtful whether the…

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AMD or Nvidia: Which AI Chip Stock Would I Buy With $1,000 Today?

AMD (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) are two of the largest competitors in the AI processor industry. The third primary one is Broadcom (NASDAQ: AVGO), but its niche in that segment differs from theirs. Nvidia and AMD compete in the same field, designing powerful general-purpose chips while Broadcom designs highly specialized computing units for…

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Two Chinese companies cleared to buy banned Nvidia AI chips have empty offices and unknown addresses — investigation reveals businesses have ties to sanctioned Chinese military suppliers

Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter An investigation has found that addresses for two Chinese companies approved to purchase Nvidia H200 chips led to empty offices, and the receptionists at the buildings were unfamiliar with them. According to The New York Times, these companies didn’t just…

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SpaceX (SPCX) Lands $45 Billion AI Deal As New Contracts Recast Its Growth Story

Space Exploration Technologies (NasdaqGS:SPCX) has secured a reported US$45b AI compute agreement from Anthropic for access to its Colossus and Colossus II data centers. Anthropic is expected to pay SpaceX several billions of dollars over multiple years under the Colossus infrastructure arrangement. Alphabet’s Google unit has deepened its partnership with SpaceX and plans to allocate…

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