Robert Way Nvidia ( NVDA ) was in the spotlight on Wednesday as Bank of America reiterated its Buy rating and $300 price target on the tech giant after it held an analyst session at its annual GTC event. Key highlights include the fact that the $1T figure for data center sales from 2025 to 2027 is not inclusive of CPUs, STX storage racks, and LPX LPU racks, which analyst Vivek Arya said could be “...
Robert Way Nvidia ( NVDA ) was in the spotlight on Wednesday as Bank of America reiterated its Buy rating and $300 price target on the tech giant after it held an analyst session at its annual GTC event. Key highlights include the fact that the $1T figure for data center sales from 2025 to 2027 is not inclusive of CPUs, STX storage racks, and LPX LPU racks, which analyst Vivek Arya said could be “an incremental ~50% of opportunity on top.” Other notable takeaways include the fact that co-packaged optics is a scale-up option through Rubin Ultra, while a move towards fully co-packaged optics should start with the Feynman line of GPUs, in the second-half of 2028, Arya added. Arya also pointed to the release of the LPX as opening up an “entirely new” ~25% of ultra-low-latency AI workloads that could be between eight and ten times as profitable as the remaining 75%. There's also improved token economics, as it's now reaching around $6 in cost per 1M tokens, which Arya said should “sustain healthy gross margins over the long-term.” Lastly, the fact that the company is set to return 50% of free cash flow to shareholders is a positive, Arya added. Separately, on Tuesday, Nvidia CEO Jensen Huang said the company has received purchase orders from customers in China. “We have received purchase orders, and we're in the process of restarting our manufacturing,” Huang said . “And so, so that's new news for all of you, and it's different than it was two weeks ago or three weeks ago.” He also described the fast-emerging AI project OpenClaw as “the next ChatGPT,” following the top chipmaker's partnership with the project, calling it a major step forward in how people interact with artificial intelligence. More on Nvidia Nvidia: Why This Stock Refuses To Go Up And What You Can Do About It Chart Of The Day: Why Wasn't $1 Trillion Enough? Wall Street Lunch: Nvidia Expands Agentic AI Push With OpenClaw Creator Nvidia may have replaced Amphenol in Kyber product with Foxconn Interconnect:...
State Street SPDR Dow Jones REIT ETF (NYSEMKT:RWR) and iShares Select U.S. REIT ETF (NYSEMKT:ICF) both target U.S. real estate investment trusts, but ICF is more concentrated, charges a higher fee, and has a lower yield compared to the broader, more diversified RWR. Both funds aim to give investors access to U.S. REITs, but their approaches differ: RWR spreads its bets across almost 100 holdings, ...
State Street SPDR Dow Jones REIT ETF (NYSEMKT:RWR) and iShares Select U.S. REIT ETF (NYSEMKT:ICF) both target U.S. real estate investment trusts, but ICF is more concentrated, charges a higher fee, and has a lower yield compared to the broader, more diversified RWR. Both funds aim to give investors access to U.S. REITs, but their approaches differ: RWR spreads its bets across almost 100 holdings, while ICF focuses on 30. This comparison breaks down the nuances in cost, returns, portfolio makeup, and risk to help investors decide which fund is a better match for their preferences. Snapshot (cost & size) Metric RWR ICF Issuer State Street iShares Expense ratio 0.25% 0.32% 1-yr return (as of Mar. 17, 2026) 5.5% 4.1% Dividend yield 3.4% 2.6% Beta 1.12 1.11 AUM $1.8 billion $2.1 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. RWR charges lower fees, with a 0.25% expense ratio versus ICF’s 0.32%, and also offers a higher payout, with a 3.4% yield compared to ICF’s 2.6%. Performance & risk comparison Metric RWR ICF Max drawdown (5 y) -32.56% -34.75% Growth of $1,000 over 5 years $1,091 $1,267 What's inside ICF tracks a concentrated portfolio of 30 U.S. REITs, with 100% of assets in the real estate sector. It has been around for over 25 years, and its top holdings -- Equinix (EQIX +0.09%), Welltower (WELL 0.32%), and American Tower Corp. (AMT 1.69%)-- together make up more than 25% of the portfolio. This focus introduces heavier tilts toward large-cap REITs, and investors may notice more pronounced swings driven by movements in a handful of stocks. In contrast, RWR holds nearly 100 securities, giving it broader exposure across U.S. REITs. Its sector allocation is similarly real estate-heavy, but its top holdings -- which include Welltower, Prologis (PLD 1.72%), and Equinix -- make up a smaller slice of the overall portfolio. This broader di...
(RTTNews) - Valeura Energy Inc. (VLE.TO) released earnings for full year that Dropped, from last year The company's earnings came in at $22.77 million, or $0.21 per share. This compares with $240.79 million, or $2.21 per share, last year. The company's revenue for the period fell 11.1% to $612.47 million from $688.99 million last year. Valeura Energy Inc. earnings at a glance (GAAP) : -Earnings: $...
(RTTNews) - Valeura Energy Inc. (VLE.TO) released earnings for full year that Dropped, from last year The company's earnings came in at $22.77 million, or $0.21 per share. This compares with $240.79 million, or $2.21 per share, last year. The company's revenue for the period fell 11.1% to $612.47 million from $688.99 million last year. Valeura Energy Inc. earnings at a glance (GAAP) : -Earnings: $22.77 Mln. vs. $240.79 Mln. last year. -EPS: $0.21 vs. $2.21 last year. -Revenue: $612.47 Mln vs. $688.99 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
AI memory giant Micron is set to announce its fiscal second-quarter earnings results after Wednesday’s closing bell. The company has established a strong track record of surpassing earnings estimates, delivering a trailing four-quarter average earnings surprise of over 14%. But with markets showing enhanced volatility lately, is MU a buy ahead of the release? Find the latest EPS estimates and surp...
AI memory giant Micron is set to announce its fiscal second-quarter earnings results after Wednesday’s closing bell. The company has established a strong track record of surpassing earnings estimates, delivering a trailing four-quarter average earnings surprise of over 14%. But with markets showing enhanced volatility lately, is MU a buy ahead of the release? Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Analysts are expecting Micron to post earnings of $8.80 per share, reflecting a 464.1% surge versus the same quarter last year. Revenues are anticipated to jump nearly 140% during the quarter to $19.3 billion. The stock remains a Zacks Rank #1 (Strong Buy). Micron MU is benefitting from the rapidly expanding AI-driven memory and storage markets. Its products are increasingly being adopted by major hyperscalers and enterprise customers. The company is cash-rich with a strong balance sheet and repurchased $300 million of stock in Q1. Our proprietary model predicts a positive earnings surprise for the upcoming announcement. Free Report: Profiting from the 2nd Wave of AI Explosion The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives. Investors who bought shares like Nvidia at the right time have had a shot at huge gains. But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies. Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report This article originally published on Zacks Investment ...
If you want to understand why China is facing a severe demographic decline, look at the impossible math facing working parents. For the average Chinese family, the monthly cost of early childcare consumes a staggering 60.5% of per capita disposable income. Faced with prohibitive costs and a chronic shortage of quality services, millions of families are simply choosing not to have children. You've ...
If you want to understand why China is facing a severe demographic decline, look at the impossible math facing working parents. For the average Chinese family, the monthly cost of early childcare consumes a staggering 60.5% of per capita disposable income. Faced with prohibitive costs and a chronic shortage of quality services, millions of families are simply choosing not to have children. You've accessed an article available only to subscribers Subscribe today for just $.99. VIEW OPTIONS
Ratana21/iStock via Getty Images Market overview The world's financial markets performed very well during the fourth quarter of 2025. The environment of better-than-expected global growth, strong corporate earnings and interest rate cuts by the U.S. Federal Reserve and other global central banks helped fuel investors' appetite for risk, leading to broad-based gains across most major asset classes....
Ratana21/iStock via Getty Images Market overview The world's financial markets performed very well during the fourth quarter of 2025. The environment of better-than-expected global growth, strong corporate earnings and interest rate cuts by the U.S. Federal Reserve and other global central banks helped fuel investors' appetite for risk, leading to broad-based gains across most major asset classes. During both the quarter and the full year, convertible securities were the top-performing area in which the fund invests. The category continued to benefit from investors' preference for growth stocks, together with its high representation of companies poised to capitalize on important longer-term growth themes, such as artificial intelligence (AI), biotechnology and aerospace. The market continued to absorb robust new issuance, indicating healthy demand. Dividend stocks, while positive in absolute terms, lagged somewhat as investors continued to favor speculative stocks over those with more defensive characteristics. Bonds also registered gains, but longer-maturity issues trailed the broader market. Quarterly portfolio recap The fund's holdings in convertibles made a strong contribution to fourth-quarter performance, both in absolute terms and relative to the convertible market as a whole. A position in the mandatory convertible securities of lithium producer Albemarle was a notable contributor. Lithium prices rose due to reduced supply from China, and investors became more optimistic about the metal's potential use in energy-storage applications. Securities of biotechnology company Celcuity ( CELC ) also performed very well, following favorable trial results for a key drug that raised the odds of its approval by the U.S. Food & Drug Administration. Life sciences tools manufacturer Bruker Corp. ( BRKR ), whose stock rose due to strong earnings and easing concerns about reduced funding for universities and research institutions, was another key contributor within health ca...
Appeals Court Refuses Trump's Request To Reconsider CNN Defamation Suit President Donald Trump’s defamation lawsuit against CNN appears to be dead for the time being, as an appeals court denied his motion to rehear the case. A three-judge panel had held in November that Trump hadn’t done enough to show that CNN compared him to Adolph Hitler when it described his claims about the 2020 election as “...
Appeals Court Refuses Trump's Request To Reconsider CNN Defamation Suit President Donald Trump’s defamation lawsuit against CNN appears to be dead for the time being, as an appeals court denied his motion to rehear the case. A three-judge panel had held in November that Trump hadn’t done enough to show that CNN compared him to Adolph Hitler when it described his claims about the 2020 election as “the Big Lie.” In a brief unsigned order on March 17 , the U.S. Court of Appeals for the 11th Circuit said that none of its judges asked for a vote to reconsider the case. Trump told the circuit that the three-judge panel erred. He wanted the full panel to consider whether his case should be decided by a jury instead of the court, and to reconsider whether the statements made by the network’s journalists allowed him to sue. The order also ruled out the possibility of a rehearing by the original three-judge panel. As Stacy Robinson reports for The Epoch Times , Trump sued CNN in 2022 after the network’s journalists repeatedly referred to his disputation of the 2020 election results as a “Big Lie.” That terminology has historically been used in reference to Hitler’s Nazi regime, his propagandist Joseph Goebbels, and the push for a genocide of the Jewish people. “CNN has acknowledged that the term the ‘Big Lie’ is a direct reference to Adolf Hitler and Nazism and uses the term in relation to the Plaintiff to create a false and incendiary association between the Plaintiff and Hitler,” Trump’s complaint alleged. A district court found that CNN’s language was just “hyperbole,” and not meant literally. They dismissed the case. In a unanimous decision, the 11th Circuit affirmed that dismissal. “To be clear, CNN has never explicitly claimed that Trump’s ‘actions and statements were designed to be, and actually were, variations of those [that] Hitler used to suppress and destroy populations,’” its decision read. Trump wanted the full panel to determine if his case warranted a jury tri...
Key Points ICF is less expensive to own but pays a lower yield than RWX. RWX delivered a higher 1-year return, while ICF outperformed over the last five years. ICF concentrates on large U.S. REITs, whereas RWX is broadly diversified across international real estate. 10 stocks we like better than iShares Trust - iShares Select U.s. REIT ETF › The State Street SPDR Dow Jones International Real Estat...
Key Points ICF is less expensive to own but pays a lower yield than RWX. RWX delivered a higher 1-year return, while ICF outperformed over the last five years. ICF concentrates on large U.S. REITs, whereas RWX is broadly diversified across international real estate. 10 stocks we like better than iShares Trust - iShares Select U.s. REIT ETF › The State Street SPDR Dow Jones International Real Estate ETF (NYSEMKT:RWX) and the iShares Select U.S. REIT ETF (NYSEMKT:ICF) differ on region, cost, yield, and portfolio concentration, making each potentially appealing for different types of real estate exposure. RWX aims to capture a wide slice of the global ex-U.S. real estate market, whereas ICF focuses exclusively on large U.S.-listed real estate investment trusts. This comparison may help investors decide whether international diversification or a concentrated U.S. REIT approach better fits their goals. Snapshot (cost & size) Metric RWX ICF Issuer SPDR iShares Expense ratio 0.59% 0.32% 1-yr return (as of 2026-03-16) 18.6% 7.36% Dividend yield 3.6% 2.7% Beta 0.90 0.43 AUM $310.5 million $2.1 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. ICF looks more affordable to own with its lower expense ratio, though RWX pays a higher dividend yield, which may appeal to income-focused investors seeking international real estate exposure. Performance & risk comparison Metric RWX ICF Max drawdown (5 y) -35.92% -34.75% Growth of $1,000 over 5 years $797 $1,117 What's inside ICF holds around 30 U.S. REITs, with a heavy tilt toward industry giants such as Equinix (NASDAQ:EQIX), Welltower (NYSE:WELL), and American Tower (NYSE:AMT). The fund is 100% real estate by sector and has been operating for more than 25 years, offering a focused approach to the U.S. listed property market. Its top positions make up a significant portion of assets, reflecting a prefe...
EschCollection Odds of the Federal Reserve slashing interest rates in the June and July meetings dropped after a hotter-than-expected wholesale inflation report. Chances of a 25 basis point cut now trail 30%, as compared to ~32% a day prior and 50% a month ago. July odds also fell to below 30%, according to CME's FedWatch tool . The U.S. Producer Price Index, which gauges inflation at the wholesal...
EschCollection Odds of the Federal Reserve slashing interest rates in the June and July meetings dropped after a hotter-than-expected wholesale inflation report. Chances of a 25 basis point cut now trail 30%, as compared to ~32% a day prior and 50% a month ago. July odds also fell to below 30%, according to CME's FedWatch tool . The U.S. Producer Price Index, which gauges inflation at the wholesale level, increased 0.7% M/M in February, accelerating from a 0.5% increase in January, according to data released by the Bureau of Labor Statistics on Wednesday. The print came in higher than the +0.3% consensus. The FOMC is expected to announce its monetary policy for March later in the day. It is widely expected that the Fed will keep the rates unchanged in this meeting. Traders will be more interested in tuning into Fed Chair Jerome Powell's press conference after the announcement to gather any hints about the committee's monetary policy for the rest of the year. "The recent oil price shock has reset market expectations for Fed rate cuts this year, with Futures now putting the highest odds on either one 25 bp cut or none at all," DataTrek said in a post on X. The producer price inflation readings indicate that inflation is still an issue that Fed officials will have to pay attention to. The central bank's main tool for reining in inflation is to increase its benchmark interest rate in an attempt to reduce demand. U.S. President Donald Trump also took to his social media platform to press Powell on interest rates. Markets, though, are not buying the idea of a near-term rate reduction. "When is “Too Late” Powell lowering INTEREST RATES?," Trump wrote in a post on Truth Social. Rate futures and recent Wall Street projections now point to the first cut no earlier than fall, after Powell's term as Fed chair ends in mid-May. Here are some exchange-traded funds that track the benchmark S&P 500 index ( SP500 ): (NYSEARCA: SPY ), (NYSEARCA: VOO ), (NYSEARCA: IVV ), (NYSEARCA: RSP...
But there was no firm conclusion on what happens next, with the government saying it would not reform copyright laws "until we are confident that they will meet our objectives for the economy and UK citizens."
But there was no firm conclusion on what happens next, with the government saying it would not reform copyright laws "until we are confident that they will meet our objectives for the economy and UK citizens."
Welcome back to Bloomberg’s Real Estate Monitor , a weekly breakdown of emerging trends, strategic challenges and blockbuster deals shaping the industry. Sign up now if you’re not already on the list. This week, you’ll read about some wealthy homeowners with a high-profile neighbor who are getting fed up with airplane noise . We’ll also tell you about a historic shift in construction spending and ...
Welcome back to Bloomberg’s Real Estate Monitor , a weekly breakdown of emerging trends, strategic challenges and blockbuster deals shaping the industry. Sign up now if you’re not already on the list. This week, you’ll read about some wealthy homeowners with a high-profile neighbor who are getting fed up with airplane noise . We’ll also tell you about a historic shift in construction spending and a couple of leasing deals by big banks . And we’ll take you to a New Jersey town that’s fighting to block plans for an ICE warehouse jail . Let’s get into it. — Christine Maurus Market Snapshot Savills PLC $897.00 -1.6% Public Storage $286.13 -1.3% National Storage Affiliates Trust $39.79 -1.1% Invitation Homes Inc $25.40 +1.2% Market data as of 09:24 AM ET. Data is subject to provider delays. The big story Some rich homeowners in South Florida are getting a noisy lesson in what it’s like to be neighbors with the US president. Four decades after Donald Trump bought his Mar-a-Lago estate, the Federal Aviation Administration has banned planes over the property below 2,000 feet , rerouting the flight path from nearby Palm Beach International Airport and sparing the president from the cacophony he’s griped about since 1985. Now the noise is haunting residents of Palm Beach Island and those across the intracoastal waterway in West Palm Beach. A committee meeting on airport noise late last year drew dozens of angry residents from one of the country’s wealthiest neighborhoods, many of whom complained they’re being driven mad. Behind closed doors, a group is quietly organizing to potentially pursue legal action, Bloomberg’s Anna J. Kaiser reported. Residents say that Trump is using the power of the presidency to solve a personal problem and bolster the value of his real estate, while endangering the value of theirs. (Some studies and brokers say that being under the flight path of a major airport can reduce property values by 10% to 20%.) Many of them shelled out millions to purpos...
US wholesale inflation accelerated unexpectedly in February, as the producer price index rose 0.7% after a 0.5% gain in the prior month, reflecting higher costs for goods and services. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
US wholesale inflation accelerated unexpectedly in February, as the producer price index rose 0.7% after a 0.5% gain in the prior month, reflecting higher costs for goods and services. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Salesforce, Inc. CRM is betting heavily on Agentic AI (artificial intelligence) to re-accelerate revenue growth after a period of moderation. The initiative is already showing positive signs as reflected in its latest quarterly results. In the last reported results for the fourth quarter of fiscal 2026, CRM’s revenues increased 12% year over year, breaking the trend of single-digit top-line growth...
Salesforce, Inc. CRM is betting heavily on Agentic AI (artificial intelligence) to re-accelerate revenue growth after a period of moderation. The initiative is already showing positive signs as reflected in its latest quarterly results. In the last reported results for the fourth quarter of fiscal 2026, CRM’s revenues increased 12% year over year, breaking the trend of single-digit top-line growth over the preceding six quarters. Agentic AI refers to systems that can act on behalf of users by automating tasks, generating insights and helping teams make decisions faster. Salesforce has embedded these capabilities into its products to make workflows more efficient and outcomes more predictable. The company’s Agentforce suite is a key part of its broader Agentic AI push strategy. Salesforce’s Agentforce platform is gaining solid momentum. Combined with Data Cloud, these AI-driven offerings brought in $2.9 billion in recurring revenues in the fourth quarter of fiscal 2026, representing a 200% year-over-year increase. Agentforce alone generated $800 million in recurring revenues, calling for a 169% year-over-year surge. Booking trends are encouraging as well. Salesforce ended the fourth quarter of fiscal 2026 with the current remaining performance obligation of $35.1 billion, rising 16% year over year, primarily driven by larger deals and early renewals. Management highlighted that more than 60% of Agentforce deals came from existing clients, showing Salesforce’s success in cross-selling AI features to its user base. Overall, Agentforce is providing Salesforce with a clearer path to reaccelerate growth. The durability of this shift will depend on sustained adoption and consistent execution across its various cloud segments. Management forecasts that fiscal 2027 revenues will increase in the 10-11% range, while the Zacks Consensus Estimate indicates 10.9% year-over-year growth. How Competitors Fare Against Salesforce Microsoft Corporation MSFT and ServiceNow, Inc. NOW are...
Sundry Photography/iStock Editorial via Getty Images Snowflake ( SNOW ) unveiled a research preview of its new autonomous enterprise AI platform Project SnowWork. Project SnowWork securely completes multi-step tasks based on conversational prompts, according to the company. "Project SnowWork looks to put secure, data-grounded AI agents on every surface, so business leaders and operators can move f...
Sundry Photography/iStock Editorial via Getty Images Snowflake ( SNOW ) unveiled a research preview of its new autonomous enterprise AI platform Project SnowWork. Project SnowWork securely completes multi-step tasks based on conversational prompts, according to the company. "Project SnowWork looks to put secure, data-grounded AI agents on every surface, so business leaders and operators can move from question to action instantly," said Snowflake's CEO Sridhar Ramaswamy. Snowflake noted that launching in a research preview to a limited set of customers, Project SnowWork can plan and autonomously execute simple or complex multi-step workflows across governed Snowflake data to deliver finished outputs. The new tool can also generate analysis with recommended actions and securely orchestrate data, AI, and enterprise systems to complete tasks end-to-end, the company added. Shares of Snowflake dipped about 0.5% premarket on Wednesday. More on Snowflake Snowflake: Strong Growth, But Valuation Appears Fair Snowflake: Why I Am Buying The SaaS Meltdown (Rating Upgrade) Snowflake: A New Chapter In Its Growth Journey BNP highlights bullish takeaways on agentic AI, growth in meetings with Salesforce, Workday, Snowflake SA analyst upgrades/downgrades: TSLA, APP, SNOW, GTBIF
Analysts have been eager to weigh in on the Technology sector with new ratings on Nvidia (NVDA – Research Report) and NXP Semiconductors (NXPI – Research Report). Nvidia (NVDA) Stifel Nicolaus analyst Ruben Roy maintained a Buy rating on Nvidia today and set a price target of $250.00. The company’s shares closed last Monday at $183.22. According to TipRanks.com, Roy is a top 25 analyst with an ave...
Analysts have been eager to weigh in on the Technology sector with new ratings on Nvidia (NVDA – Research Report) and NXP Semiconductors (NXPI – Research Report). Nvidia (NVDA) Stifel Nicolaus analyst Ruben Roy maintained a Buy rating on Nvidia today and set a price target of $250.00. The company’s shares closed last Monday at $183.22. According to TipRanks.com, Roy is a top 25 analyst with an average return of 46.2% and a 68.7% success rate. Roy covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Skyworks Solutions. ;'> Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $274.46, representing a 50.0% upside. In a report issued on March 2, Morgan Stanley also maintained a Buy rating on the stock with a $260.00 price target. See Insiders’ Hot Stocks on TipRanks >> NXP Semiconductors (NXPI) In a report released today, Tore Svanberg from Stifel Nicolaus maintained a Hold rating on NXP Semiconductors, with a price target of $215.00. The company’s shares closed last Monday at $191.89, close to its 52-week low of $188.85. According to TipRanks.com, Svanberg is a 5-star analyst with an average return of 20.2% and a 59.6% success rate. Svanberg covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Silicon Laboratories. ;'> NXP Semiconductors has an analyst consensus of Moderate Buy, with a price target consensus of $251.94, a 29.5% upside from current levels. In a report issued on March 9, TipRanks – PerPlexity also downgraded the stock to Hold with a $219.00 price target. Disclaimer & DisclosureReport an Issue
Samsung Electronics and Advanced Micro Devices announced the signing of a memorandum of understanding to expand their strategic collaboration on next-generation AI memory and computing technologies. The agreement focuses on advancing high-bandwidth memory and next-generation DRAM solutions to support increasingly complex AI workloads and data center infrastructure. Under the agreement, Samsung wil...
Samsung Electronics and Advanced Micro Devices announced the signing of a memorandum of understanding to expand their strategic collaboration on next-generation AI memory and computing technologies. The agreement focuses on advancing high-bandwidth memory and next-generation DRAM solutions to support increasingly complex AI workloads and data center infrastructure. Under the agreement, Samsung will serve as a primary supplier of its next-generation HBM4 memory for AMD’s upcoming Instinct MI455X AI accelerators. The collaboration also includes joint development of advanced DDR5 memory solutions optimized for AMD’s sixth-generation EPYC processors, codenamed “Venice,” as well as support for AMD’s Helios rack-scale platform. The companies are working together to address growing demands for higher memory bandwidth and improved power efficiency in AI systems. Samsung’s HBM4 technology is built on its sixth-generation 10-nanometer-class DRAM process and a 4-nanometer logic base die, delivering speeds of up to 13 gigabits per second and bandwidth of up to 3.3 terabytes per second. AMD’s Instinct MI455X GPU, powered by Samsung’s HBM4 memory, is expected to play a key role in high-performance AI systems for model training and inference. The GPU will also serve as a core component of AMD’s Helios architecture, designed to scale AI infrastructure at the rack level. The collaboration may extend further into foundry services, with Samsung potentially manufacturing future AMD products. The partnership builds on nearly two decades of collaboration between the companies across graphics, mobile, and computing technologies, including Samsung’s role as a primary HBM3E supplier for AMD’s current AI accelerators. KEY QUOTES: “Samsung and AMD share a commitment to advancing AI computing, and this agreement reflects the growing scope of our collaboration. From industry-leading HBM4 and next-generation memory architectures to cutting-edge foundry and advanced packaging, Samsung is uniquely...