As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged.
Despite Super Micro Computer's (NASDAQ:SMCI) volatile 2024, Loop Capital reiterated its Buy rating on the stock due in part to Nvidia's (NASDAQ:NVDA) Blackwell ramp. Super Micro develops storage and ...
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...
OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...
David Tepper manages the highly successful hedge fund Appaloosa, which sold Nvidia and bought Vistra during the third quarter ...
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...
Nvidia (NASDAQ: NVDA) stock posted significant gains in Wednesday's trading following bullish artificial intelligence (AI) news. The company's share price closed out the day up 4.4% amid the backdrop ...
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
Both the Stargate announcement and the revocation of the AI safeguard Biden had put in place sparked widespread criticism ...
The new president needs the tech industry more than it needs him.