Nvidia stock nears a record, AI powers TSMC, and Big Tech goes nuclear: AI news roundup
Plus, the Biden administration may cap exports of advanced AI chips to certain countries
This week, both Google and Amazon announced deals to support nuclear energy projects. Google and Microsoft (MSFT), which announced a nuclear power deal in September, said earlier this year that they are not on track to meet their climate goals, partly due to data centers. The interest in nuclear energy has sent some nuclear power stocks surging.
Read about this and more in the AI news roundup.
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As tech giants turn their attention toward nuclear power for artificial intelligence and data centers, one producer is seeing its shares surge.
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Shares of Nvidia (NVDA) briefly reached a new intraday high on Thursday after its Taiwanese chipmaking partner beat earnings expectations.
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Billionaire investor Stanley Druckenmiller admits he has made more than a few mistakes in his career. Selling his Nvidia (NVDA) shares earlier this year was one of them.
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Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third quarter, driven by continued demand for its artificial intelligence-capable chips.
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JPMorgan Chase (JPM) held onto its spot as the artificial intelligence adoption leader in the banking sector.
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Anthropic AI is ready to solve all the world’s problems — if the company can raise billions of dollars.
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Taiwan Semiconductor Manufacturing Company (TSM) has reportedly started making its first chips for a major customer at its new fabrication plant in Arizona.
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Amazon (AMZN) is joining its artificial intelligence competitors in the race for nuclear energy.
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The U.S. reportedly could cap sales of advanced artificial intelligence chips from U.S.-based chipmakers to certain countries, including those in the Middle East.
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Google (GOOGL) is purchasing nuclear energy to support its power-hungry artificial intelligence projects.