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And that $1 trillion of data centers is in the process of transitioning into accelerated computing and generative AI. Additionally, Nvidia announced AI-ready servers to support the VMware Private AI Foundation and help businesses customize and deploy generative AI applications using their proprietary data. Shares of AMD have also surged higher in this year's AI trade, though the role the company plays in the field is less clear. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jensen Huang, Huang, ChatGPT, Nvidia's Huang, It's, We've, Grace Hopper Superchip, it's, hyperscalers, Jim Cramer, Jim, Eduardo MunozAlvarez Organizations: Broadcom, Jim Cramer's Charitable Trust, Devices, AMD, Moore's, Microsoft, Broadcom's, VMWare, VMware, Nvidia, AI Foundation, U.S . Federal Trade Commission, Intel, Tower Semiconductor, ARM, CNBC, View, Getty Locations: China

☆ Chinese A.I. stocks fall as U.S. reportedly weighs curbs on chip exports
▼ + stars: | 2023-06-28 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

A Nvidia Corp. HGX H100 artificial intelligence supercomputing graphics processing unit (GPU) at the showroom of the company's offices in Taipei, Taiwan, on Friday, June 2, 2023. China's artificial intelligence stocks fell Wednesday after the Wall Street Journal reported that the U.S. is planning to impose new curbs on shipments of AI chips to China. According to the Journal, U.S. chip makers such as Nvidia will be affected by the move which could happen as early as July. China's CSI artificial intelligence index fell 3% on that news on Wednesday in Asia. The Shenzhen-traded shares of Inspur Electronic Information Industry slumped 10% and Chengdu Information Technology of Chinese Academy of Sciences dropped nearly 8%.

Persons: OpenAI's ChatGPT, Bard chatbots, — Organizations: Nvidia Corp, Wall Street Journal, Journal, Nvidia, CSI, Industry, Chengdu Information Technology, Chinese Academy of Sciences Locations: Taipei, Taiwan, China, Asia, Shenzhen, Chengdu, Hong Kong, U.S

☆ Nvidia is the top AI pick and the stock could jump 15% as demand has picked up since the chip maker's blockbuster earnings report, Morgan Stanley says
▼ + stars: | 2023-06-16 | by ( Jason Ma | ) www.businessinsider.com time to read: +3 min

Morgan Stanley raised its price target on Nvidia to $500 and called the stock its "top pick." Analysts said demand has picked up since the chip maker's blockbuster earnings report last month. Morgan Stanley also named Nvidia its new "top pick," taking that moniker away from the previous holder, rival chip stock AMD. Morgan Stanley said there has been a rapid shift in investment away from the traditional server infrastructure and toward AI infrastructure, calling Nvidia the "cleanest story in AI hardware." While the numbers may not be sustainable in the long term, Morgan Stanley still sees "higher capital intensity" through the next several years.

Persons: Morgan Stanley, —, OpenAI's ChatGPT, Bard chatbots, there's Organizations: Nvidia, Analysts, Service, NVIDIA

☆ These are the 10 best performing AI stocks so far this year
▼ + stars: | 2023-05-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The rise of ChatGPT has sparked a frenzy for artificial intelligence stocks in 2023. A "jaw-dropping" earnings report from Nvidia was the latest catalyst to send AI stocks soaring. These are the 10 top-performing artificial intelligence stocks so far in 2023. These are the 10 best-performing artificial intelligence-related stocks so far this year, as of Tuesday afternoon. C3.aiSOPA Images / Getty ImagesTicker: AIMarket Value: $3.2 billionYear-to-date gain: 260.8%

Persons: ChatGPT, —, Alphabet's Bard, It's, Microsoft Satya Nadella, Sean Gallup, Sundar, Synopsys Smith, Lisa Su Steve Marcus, Nvidia Jensen Huang, Las Vegas Rick Wilking Organizations: Nvidia, Service, Companies, Cadence Design Systems, Taiwan Semiconductor, World Semiconductor, Publishing, Getty, Microsoft, Google, Broadcom Reuters, Cadence, Marvell Technology, Marvell Technologies Smith, AMD, Reuters, CES Locations: China, Las Vegas

☆ A.I. enthusiasm is responsible for the bulk of the stock market’s gain this year
▼ + stars: | 2023-05-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Digging deeper into the gains, Nvidia turns up as a big winner. Meta Platforms shares have doubled. If the Fed signals a pause Wednesday and rates fall, the market could see tech stocks rip higher. To be sure, other factors besides for AI have contributed to this year's rally in technology stocks. Jason Tauber, a portfolio manager at Neuberger Berman said AI stocks should start to experience bifurcation from here on out.

☆ Elon Musk wants to pause 'dangerous' AI development. Bill Gates disagrees—and he's not the only one
▼ + stars: | 2023-04-06 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

AI developers, prominent AI ethicists and even Microsoft co-founder Bill Gates have spent the past week defending their work. "I don't think asking one particular group to pause solves the challenges," Gates told Reuters on Monday. A pause would be difficult to enforce across a global industry, Gates added — though he agreed that the industry needs more research to "identify the tricky areas." That's what makes the debate interesting, experts say: The open letter may cite some legitimate concerns, but its proposed solution seems impossible to achieve. It noted in its blog post that future AI systems could become "much more powerful" over the next decade, and building guardrails now could "help reduce risks" down the road.

☆ Heavyweight tech battle: How Microsoft and Alphabet stack up against each other in the A.I. war
▼ + stars: | 2023-02-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +9 min

"It's a new day in search," Microsoft CEO Satya Nadella said Tuesday during an AI event held at the company's headquarters, saying that the "race starts today." So far, Microsoft is making significant headway within AI and rising in popularity in the tech world. Alphabet, he added, "got beaten to market by Microsoft" despite its investments in the space. Alphabet Microsoft may be taking the lead on AI in the near term, but investors shouldn't sleep on Alphabet just yet. "We believe GOOGL has the AI tech and scale to maintain/grow its leading user base," said Morgan Stanley's Brian Nowak in a Thursday note.

☆ Morning Bid: Bar-duh
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +3 min

And it was an own goal given the error was in a Twitter video put out by Google itself, ouch. Alphabet's shares sank almost 8%, wiping a cool $100 billion off its market cap, and dragging all of Wall Street down. "Monetary policy in Sweden is clearly more restrictive than in the Euro-area," they say. "If the ECB therefore ends up with a 3.25% terminal rate (our forecast), we think the Riksbank will not be able to follow suit and take the policy rate to 3.75%." Key developments that could influence markets on Thursday:- Riksbank rate decision and Feb monetary policy report due at 0830 GMT.

☆ Explainer: Bard vs ChatGPT: What do we know about Google's AI chatbot?
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +3 min

Feb 7 (Reuters) - Alphabet Inc (GOOGL.O) and rival Microsoft (MSFT.O) are once again locked in a race to rule the internet zeitgeist after the Google owner launched "Bard" in answer to AI chatbot sensation ChatGPT. The artificial intelligence service could change how consumers search for information or create content on command and free up time for white-collar workers. The services that Google's Bard and ChatGPT would offer are similar. Microsoft and Google plan to embed AI tools to bolster their search services Bing and Google Search, which account for a big chunk of revenue. Bard draws on information from the internet, while ChatGPT has access to data until 2021.

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