tech

Chip startup SambaNova Systems Inc. has raised $1 billion at an $11 billion valuation, underscoring investors’ conviction in rising demand for infrastructure tied to artificial intelligence.

Tech companies need to come clean about the mounting environmental fallout of their race to build more hubs

Nvidia is relatively cheap despite the continued domination of its chips in AI data centers.

The AI rotation trade is gathering pace in Asia as investors pull money from the chipmakers that powered this year’s rally and hunt for cheaper ways to play the technology boom.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Emily Graffeo. (Source: Bloomberg)

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Emily Graffeo. (Source: Bloomberg)

Analog Devices completes Empower Semiconductor acquisition

Martha Gimbel, Executive Director at Yale Budget Lab, discusses immigration, debt, AI and the labor market. (Source: Bloomberg)

Analog Devices completes Empower Semiconductor acquisition

For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.