The artificial intelligence race is getting more expensive for all. Google and Microsoft’s latest results managed to take some of the sting out of the rising price tag. The two tech giants began rolling out generative AI services to corporate customers and consumers a year ago. Both reported record capital expenditures for the March quarter in their respective reports Thursday afternoon.
Open FlipIn today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of April 24, 2024. The video was published on April 24, 2024.Should you invest $1,000 in Nvidia.
Open FlipHMD Global, maker of the Nokia brand of mobile phones, will be open to sourcing semiconductor chips from India for both its brands – Nokia and HMD – for local production and exports “if they meet quality and cost factors”. Ravi Kunwar, vice president, India and APAC at HMD Global, told Mint that the country will be a production and export hub for both brands.
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