Katelyn Marshall6 min read
Tech Stocks Plunge as AI Draws Blame
Nvidia fell 1.47% to $197.13 as a broad AI chipmaker selloff hit markets on June 21. With a P/E of 30.05, an RSI of 40.55 and a $4.85 trillion market…
AI chips
Katelyn Marshall6 min read
Louis Fleming6 min read
Micron (MU) Earnings Loom Amid Chip Sector Volatility
Micron Technology has surged 761% in a year to a 1.19 trillion dollar market cap, riding the AI memory chip boom. With shares at 1016.44 and a massive earnings bar…
Arnold Tucker5 min read
OpenAI Custom AI Chip Arrives
OpenAI has unveiled Jalapeño, its first custom AI chip built with Broadcom. The company claims it beats current state-of-the-art silicon in early testing, a direct shot at Nvidia. Here is…
Arnold Tucker6 min read
Cerebras (CSAI) Shares Sink as Margins Trail AI Chip Rivals
Cerebras Systems dropped nearly 18% after its debut earnings report revealed full-year gross margin guidance well below Nvidia and AMD peers. Here is what the numbers actually say about the…
Derrick Patel6 min read
Cerebras Stock Falls on Weak Full Year Margin Outlook (CBRS)
Cerebras Systems fell over 18% after guiding for full year gross margins of 38% to 41%, well below its first quarter figure and far behind Nvidia and AMD. The stock…
Arnold Tucker6 min read
Cerebras Systems (CBRS) Beats Earnings but Stock Falls
Cerebras Systems beat Q1 revenue estimates in its debut earnings report, but shares plunged more than 17 percent after the AI chip company guided for sharply lower gross margins in…
Louis Fleming5 min read
Nvidia (NVDA) Banned AI Chips Double in Price in China
Nvidia AI chips are reportedly selling at more than double their list price on China's black market. With NVDA down 3.72% to $200.04 and RSI at 42.42, here's what the…
Tommy Spencer5 min read
SpaceX vs. Nvidia: Better AI Stock
Nvidia slid 3.72% to $200.04 as a comparison with newly public SpaceX put its $5.10T valuation back under scrutiny. We weigh the chip leader's growth, P/E and momentum against the…