To The Moon

The Chinese AI service has Wall Street worried that it will be cheaper than expected to develop models. But as chip stocks sink, some analysts see a silver lining.That's the big question on the minds of investors Monday, given newfound attention on DeepSeek, a Chinese AI app that has climbed to the top of the U.S. App Store. The company reportedly was able to build a model that functions like OpenAI's ChatGPT without spending to the same degree."If DeepSeek's innovations are adopted broadly, an argument can be made that model training costs could come down significantly even at U.S. hyperscalers, potentially raising questions about the need for 1-million XPU/GPU clusters as projected by some," Raymond James analyst Srini Pajjuri wrote in a note to clients over the weekend.That number corresponds to DeepSeek-V3, a "mixture-of-experts" model that "through a number of optimizations and clever techniques can provide similar or better performance vs other large foundational models but requi

Seeking AlphaAnd, with the AI spending boom still in full swing, Nvidia's upcoming Q3 2024 report on 20th November is likely to be robust. How Did Nvidia Fare In Q3 FY2025?With Nvidia reporting $35.1B in revenues and $0.81 in normalized EPS for Q3 FY2025, I think it is fair to conclude that the semiconductor behemoth eased past consensus street estimates on top and bottom-line estimates. Nvidia Investor Relations In Jensen Huang's words - The age of AI is in full steam, propelling a global shift to NVIDIA computing. Demand for Hopper and anticipation for Blackwell — in full production — are incredible as foundation model makers scale pretraining, post-training and inference. AI is trans

Susquehanna International's Jeff Yass oversaw the sale of more than 1.5 million shares of Palantir in the first-half of 2024 in favor of a rapidly growing but troubled artificial intelligence (AI) stock.

Pixelbizz/iStock Editorial via Getty Images ASML Holding CEO Christophe Fouquet said the U.S. will continue to pursue restricting certain high-tech exports to China, and pressure allies to do the same, regardless of who wins the presidential election next month, according to a report by Reuters.