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Top related persons:
Pavlo Gonchar - 1 OpenAI's - 1 Jamie Mills O'Brien - 1 CNBC's - 1 Peter Richardson - 1
Top related locs:
Softbank British
Top related orgs:
ARM - 1 Nvidia - 1 CNBC - 1 Apple - 1 Counterpoint Research - 1

Search resuls for: "Jamie Mills O'Brien"


2 mentions found


☆ After Nvidia's 200% rally this year, investors look to the Arm IPO — but the two are very different
  + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +3 min
Arm is looking to raise nearly $5 billion from the IPO which would value it at over $50 billion. Arm will be "central" to the transition to AI-enabled computing, the company said in its IPO prospectus. While CPUs are also required in the data center, they're often used in conjunction with a GPU to train data, but not always. Arm's future in AIArm's AI future is unlikely to come from the huge amounts of chips required to train big data models. For this to happen, devices will require low-power but high-performance chips able to carry out the computing required for AI applications.
Persons: Pavlo Gonchar, OpenAI's, Jamie Mills O'Brien, CNBC's, Peter Richardson Organizations: ARM, Reuters, Nvidia, CNBC, Apple, Counterpoint Research Locations: Softbank, British
☆ European shares gain on China's reopening optimism
  + stars: | 2023-01-20 | by ( Ankika Biswas Bansari Mayur Kamdar | Ankika Biswas | Bansari Mayur Kamdar | ) www.reuters.com   time to read: +3 min
The pan-European STOXX 600 (.STOXX) climbed 0.3% at 0936 GMT, boosted by gains in banks (.SX7P) and industrials (.SXNP). European shares were on track to snap a two-week winning streak, thanks to the worst single-day selloff so far this month on Thursday following disappointing earnings reports, weak U.S. economic data and hawkish comments from central bankers. Energy stocks (.SXEP) gained 0.8%, tracking firm crude prices on hopes of demand recovery in the world's second-biggest economy. "Europe has more exposure to China reopening and luxury is a big part of the European market," said Jamie Mills O'Brien, investment manager at Abrdn. "Some of the big players are pure China reopening bets."
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