The explosive growth of artificial intelligence (AI) is fueling a supercycle in memory and storage chips. As the technology demands ever-larger datasets for training and inference, the need for high-capacity NAND flash storage has surged. That has created an unprecedented tailwind for Sandisk (NASDAQ: SNDK) as its solid-state drives (SSDs) form the backbone of AI data center infrastructure. Image ...
The explosive growth of artificial intelligence (AI) is fueling a supercycle in memory and storage chips. As the technology demands ever-larger datasets for training and inference, the need for high-capacity NAND flash storage has surged. That has created an unprecedented tailwind for Sandisk (NASDAQ: SNDK) as its solid-state drives (SSDs) form the backbone of AI data center infrastructure. Image source: Getty Images. AI workloads generate large volumes of data that need to be instantly accessible, exceeding what standard graphics processing units can handle. This triggered a shortage in enterprise-grade NAND flash solutions, driving up pricing power among providers. Continue reading
Tiger Woods was arrested on suspicion of DUI Friday at the scene of a car crash in which he struck another vehicle and rolled his Land Rover, authorities said. The Martin County Sheriff’s Office said Woods was not injured. (Source: Bloomberg)
Tiger Woods was arrested on suspicion of DUI Friday at the scene of a car crash in which he struck another vehicle and rolled his Land Rover, authorities said. The Martin County Sheriff’s Office said Woods was not injured. (Source: Bloomberg)
As one of the biggest targets of wartime looting in centuries past, China is now positioning itself as a global pioneer in repatriating lost cultural artefacts. This article, the first in a two-part series, Xinlu Liang looks at whether a stolen 1,300-year-old Chinese stone now housed in Japan’s Imperial Palace can become a test case for a reckoning over wartime plunder. In 1945, following Japan’s ...
As one of the biggest targets of wartime looting in centuries past, China is now positioning itself as a global pioneer in repatriating lost cultural artefacts. This article, the first in a two-part series, Xinlu Liang looks at whether a stolen 1,300-year-old Chinese stone now housed in Japan’s Imperial Palace can become a test case for a reckoning over wartime plunder. In 1945, following Japan’s surrender to the Allies, supreme commander General Douglas MacArthur ordered the country to return...
Yahoo Finance Technology Editor Dan Howley joins Josh Lipton to break down reports that Anthropic (ANTH.PVT) could go public as soon as October, as it looks to get ahead of OpenAI (OPAI.PVT) in the intensifying AI race.
Yahoo Finance Technology Editor Dan Howley joins Josh Lipton to break down reports that Anthropic (ANTH.PVT) could go public as soon as October, as it looks to get ahead of OpenAI (OPAI.PVT) in the intensifying AI race.
Anna Moneymaker/Getty Images News Investment Thesis Over the last month, as the overall market has sold off as a result of the war in Iran, Alphabet Inc. ( GOOGL ) shares have dropped 21% since their peak in February. Technically, this would mean that shares are in a bear market. At the heart of Alphabet’s selloff is the recent finding by a jury in Los Angeles which found that the company’s video ...
Anna Moneymaker/Getty Images News Investment Thesis Over the last month, as the overall market has sold off as a result of the war in Iran, Alphabet Inc. ( GOOGL ) shares have dropped 21% since their peak in February. Technically, this would mean that shares are in a bear market. At the heart of Alphabet’s selloff is the recent finding by a jury in Los Angeles which found that the company’s video streaming platform (YouTube) was liable for promoting social media addiction that caused harm on the Plaintiff (K.G.M or Kaley). While the market is worrying this could set off a cascading event leading to Alphabet being dragged into more lawsuits, I think this lawsuit will end up being a bump in the road in hindsight. In essence, I believe this lawsuit is a distraction from Alphabet’s real business lines and durable growth. For investors who want to use Warren Buffett's famous line “be greedy when others are fearful” I believe now could be a good time to take advantage of the dip in share price. With this, I continue to believe shares of the California-based tech giant are still a Strong Buy. This lawsuit appears concerning on the surface. But I believe that buried in the details of this lawsuit the facts show this will have limited long-term effects on the business. Why I’m Doing Follow-Up Coverage When I last wrote on Alphabet earlier this year, I was more focused on the tech giants rapid advancements in quantum computing. I continue to believe this is one of the most important projects the company is working on, and I believe this lawsuit is noise. But, as Warren Buffett’s mentor Benjamin Graham has said “in the short run the market is a voting machine.” In this case, the market is voting that the outcome of this lawsuit in LA is far more pressing to the long term value of Alphabet’s stock price than the huge developments they have made in the quantum sphere. In a few words, I disagree. With this, I am doing follow-up coverage to show how this lawsuit is not a long-term...