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Synopsys spreads AI throughout its chip design tools
  + stars: | 2023-03-29 | by ( Stephen Nellis | ) www.reuters.com   time to read: +2 min
Synopsys first released an AI tool for one part of the chip design process three years ago, and with customers like Samsung Electronics Co Ltd (005930.KS) and ST Microelectronics (STM.DE) using the system. The tools Synopsys released Wednesday at its annual user conference in Santa Clara, California, spread much further across the chip design process. Synopsys is in a race with Cadence Design Systems (CDNS.O), its largest competitor, to add AI to chip design software. While some of the Synopsys tools released Wednesday are catching up to Cadence, Karl Freund, principal analyst with Cambrian AI research, said Synopsys is ahead, with more than 100 chips by customers using its AI tools coming to market. "I think they'll probably be at 1,000 (completed chip designs) by the end of the year."
[1/2] A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/IllustrationMarch 27 (Reuters) - Nvidia Corp (NVDA.O), the world's leading designer of computer chips used in creating artificial intelligence, on Monday showed new research that explains how AI can be used to improve chip design. Chip design engineers use complex design software from firms like Synopsys Inc (SNPS.O) and Cadence Design Systems Inc (CDNS.O) to help them optimize the placement of those transistors. On Monday, Nvidia released a paper showing that it could use a combination of artificial intelligence techniques to find better ways to place big groups of transistors. The Nvidia research took an existing effort developed by University of Texas researchers using what is called reinforcement learning and added a second layer of artificial intelligence on top of it to get even better results.
Huawei reportedly said it has developed its own chip design tools, a move aimed at side-stepping U.S. sanctions and making the Chinese technology giant more self-sufficient in the semiconductor space. U.S. firms dominate the chip design tool market with companies like Synopsys and Cadence Design Systems . But in 2020, Washington, through sanctions, cut off Huawei from American chipmaking tools, which crippled the Chinese technology giant's smartphone business. Xu's speech said that the design tools would be for 14 nanometer chips and above. Pranay Kotasthane, chairperson of the high tech geopolitics program at the Takshashila Institution, told CNBC he would wait to see more details before knowing how effective Huawei's design tools are.
Jackie Candelaria, a former Instagram staffer, is now advising creators and brands. Candelaria is now building a business as an Instagram consultant for brands and creators who want to leverage the app to grow their own businesses and audience. "I don't think that's sustainable. Good reels tell storiesA good reel has to tell a story, Candelaria said. "I think it's just allowing the system kind of recorrect itself and show good content."
Apple Watch Series 8 (41mm, GPS) The Apple Watch Series 8 now features a temperature sensor, car crash detection, and low-power mode, making it an even more powerful fitness tracker slash smartwatch. While the original Fitbit Sense had a small touch-sensitive haptic button on the left-hand side of the watch, Fitbit added a physical button to the Fitbit Sense 2, which is easier to operate, especially during workouts. Apple Watch Series 8 vs. Fitbit Sense 2: Smartwatch performanceThe Fitbit Sense 2 was clearly built with health and wellness in mind but beyond that, its smartwatch capabilities are limited. Apple Watch Series 8 vs. Fitbit Sense 2: Battery lifeAntonio Villas-Boas/Rick Stella/InsiderOne of the main reasons you'd want the Fitbit Sense 2 over the Series 8 is its battery life. The Apple Watch Series 8 costs $100 more than the Fitbit Sense 2 but you get a more full-featured smartwatch.
REUTERS/Wolfgang Rattay/File PhotoSHENZHEN, China, March 24 - Huawei Technologies Co Ltd (HWT.UL) has made breakthroughs in electronic design automation (EDA) tools for chips produced at and above 14-nanometre technology, Caijing financial news magazine reported on Friday, citing a speech by a senior Huawei executive. Huawei will complete testing on the tools this year, rotating chairman Xu Zhijun said in a speech on Feb 28., Caijing reported. Huawei has developed 78 tools related to chip hardware and software, the report added. Chip design companies use EDA software to produce the blueprints for chips before they are mass manufactured at fabs. China is home to a handful of domestic EDA software makers, but experts do not consider them globally competitive.
The announcement comes as Huawei and other Chinese technology companies rush to localise their supply chains in the face of mounting U.S. sanctions. According to a transcript of Xu's remarks published by Caijing, Huawei cooperated with domestic EDA companies to create the software, "basically realising the localisation of EDA tools above 14nm." Chip design companies use EDA software to produce the blueprints for chips before they are mass manufactured at fabs. China is home to a handful of domestic EDA software makers, but experts do not consider them globally competitive. All three overseas EDA companies fell subject to Washington's sanctions against Huawei in 2020.
Silicon Valley Bank had long banked a class of startup investors known as emerging managers. He was able to quickly switch from Silicon Valley Bank with an email to his contact at AngelList. Novak is part of a contingent of investors who are shifting their banking strategy in the fallout of Silicon Valley Bank's failure. After Silicon Valley Bank's demise, the big banks have gotten more selective, the three investors said. The big banks like JPMorgan set account minimums for its private banking group, locking out emerging fund managers.
These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.
Blake Newby has been a content creator since 2018 when she started working in beauty editorial. She continued her side hustle as a content creator after leaving her job at Essence in 2022. Here is the media kit she uses to get partnerships with brands. "I have connections within the industry to brand founders and brand owners, and brand chemists. Still, even as a part-time content creator, Newby has been able to secure partnerships with brands like Grey Goose Vodka and Saks Fifth Avenue.
Blake Newby has been a content creator since 2018 when she started working in beauty editorial. She continued her side hustle as a content creator after leaving her job at Essence in 2022. Newby's edge as a fashion, beauty, and lifestyle creator comes from her background covering the beauty and fashion industry. "I have connections within the industry to brand founders and brand owners, and brand chemists. Still, even as a part-time content creator, Newby has been able to secure partnerships with brands like Grey Goose Vodka and Saks Fifth Avenue.
Eaton celebrates 100 years on the Exchange
  + stars: | 2023-03-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEaton celebrates 100 years on the ExchangeEaton CEO Craig Arnold joins 'Squawk on the Street' to discuss how big an opportunity the Inflation Reduction Act will be to Arnold's company, why Eaton's well positioned to benefit from government stimulus and how sensitive Eaton's end markets are to the cadence of the economy.
Grade My Trade: SQ, NEE, GXO & CDNS
  + stars: | 2023-03-03 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrade My Trade: SQ, NEE, GXO & CDNSCNBC's 'Halftime Report' investment committee, Shannon Saccocia, Steve Weiss and Rob Sechan, weigh in on NextEra, GXO and Cadence Designs.
(See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
REUTERS/Joe SkipperWASHINGTON, Feb 28 (Reuters) - Virgin Galactic Holdings Inc (SPCE.N) has completed a lengthy upgrade period for its centerpiece tourist spacecraft, with commercial service on track to begin in the second quarter of 2023, the company said on Tuesday. This month, VSS Unity's twin-fuselage carrier plane VMS Eve made its first flight since 2021. Virgin Galactic is targeting monthly commercial missions after the Italian Air Force flight, a long-awaited cadence to handle the company's some 800 customers in line to fly. The company in February re-opened ticket sales to the public for spacecraft flights, setting prices at $450,000 per person with an initial deposit of $150,000. Each flight in space, over 50 miles (80 km) above ground, lasts roughly 10 minutes in microgravity, with VSS Unity launching mid-air from the center of its VMS Eve carrier plane.
The stock market is relying on its earnings power to limit further downside, according to a note from DataTrek. The S&P 500 continuing to deliver $200+ in earnings per share "should limit US equity market volatility," DataTrek said. In April 2021, when the S&P 500 first crossed the 4,000 level, the 2-year US Treasury yield was just 0.1%. And as long as S&P 500 earnings hold steady and the index trades flat, that could be a solid win for the bulls as many investors expect big downside ahead. "S&P 500 earnings of $210 to $220 per share have been the market's anchor as market sentiment shifts.
"We are upgrading shares of Shopify to BUY from Neutral, as we believe the > 20% selloff post earnings has created an attractive entry point." Morgan Stanley reiterates Home Depot and Walmart as overweight Morgan Stanley said it's standing by its overweight ratings on shares of Home Depot and Walmart after the company's reported earnings on Tuesday. Morgan Stanley also trimmed its price target on Walmart to $160 per share from $161. Morgan Stanley reiterates Apple as overweight Morgan Stanley said the tech giant remains underowned among large-cap institutional investors. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said expectations are "low" and "mixed" ahead of the company's earnings report.
The company addressed the plans, and announced executive departures, during an all-hands meeting. Eyal Manor — the chief product officer to whom the company just agreed to give a $2.5 million cash bonus — is leaving the company, Twilio leaders announced in the all-hands. Lybra Clemons — the company's first chief diversity, inclusion, and belonging officer, hired in 2020 — is also leaving, Twilio announced during the all-hands. The plan to cut 17% of workers follows another significant Twilio layoff in September when the company cut 11% of workers. In September, Twilio announced layoffs of 11% of its workforce.
Workers who get paid in cash, especially sex workers, face extra challenges during tax season. But people who work in cash economies — like sex workers, bartenders, servers, and side-hustlers who get paid in cash — face additional challenges during tax season. "I just remember feeling so paralyzed any time I thought about finance," sex worker and tax preparer Daisy Douglas tells Insider. Insider's Featured Tax Software Tax SlayerLiberty TaxH&R Block Tax Software Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. "Assert your rights and let them know that this is the way tip income is supposed to be reported."
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlmost any chip designed in the world is done so with Cadence software, says CEO Anirudh DevganAnirudh Devgan, CEO of Cadence Design Systems, joins 'Closing Bell' to discuss his company's strong 4th quarter and full year guidance, which helped drive the stock 6 percent higher today.
Tesla changes U.S. prices for fourth time in two months
  + stars: | 2023-02-14 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Victoria KlestyCompanies Tesla Inc FollowFeb 14 (Reuters) - Tesla (TSLA.O) has changed prices for one version of each of its Model 3 sedan and Model Y crossover, the fourth price adjustment by the electric vehicle maker since the start of the year. Tesla increased the price of its Model Y performance crossover by $1,000 to $58,990, its website showed. Tesla rolled out sweeping price cuts in January across its line-up and in all of its major markets. Some owners of Tesla's in the United States had complained that the price cuts also eroded the resale value of their vehicles. Tesla's price cuts this year came after nearly two years when it had been pushing prices higher and could not keep up with demand.
Check out the companies making headlines in midday trading Tuesday:Palantir — The software company's stock price soared 13%. Avis Budget — Shares jumped 6.5% after Avis topped expectations in its latest quarterly report. Ecolab — Shares gained 5% after the chemicals company reported higher-than-expected earnings of $1.27 per share, excluding items, beating analysts' estimate of $1.25 per share, according to FactSet. Synopsys — The software company's stock price gained 3% during midday trading ahead of its scheduled earnings release on Wednesday. Arista Networks — Shares rose 2.4% during Tuesday's midday trading session after the company reported fourth-quarter earnings and revenue on Monday that beat Wall Street expectations.
Here are the stocks making notable moves before the opening bell on Tuesday, Feb. 14. Palantir — Shares of the software company surged 18% in extended trading after Palantir reported it made a profit in the fourth quarter, the first GAAP profit in the company's history. Marriott — The hotel stock rose nearly 2% in premarket trading after Marriott beat estimates on the top and bottom lines for the fourth quarter. Cadence Design Systems — The electronics design stock rose 5% premarket after Cadence beat estimates on the top and bottom lines for the fourth quarter, according to StreetAccount. Amkor Technology — The semiconductor stock fell about 3% premarket after Amkor's fourth quarter earnings per share came in at 67 cents, three cents below estimates, according to StreetAccount.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Cadence Design Systems CEO Anirudh DevganAnirudh Devgan, CEO of Cadence Design Systems, joins 'Closing Bell' to discuss his company's strong 4th quarter and full year guidance, which helped drive the stock 6 percent higher today.
The company's stock price has soared by more than 44% so far this year. Caterpillar — Shares of the machinery company fell more than 1% after Baird downgraded Caterpillar to neutral from outperform. The call follows an upbeat earnings report on Thursday. Cadence Design Systems — Shares were up 1.7% in premarket trading ahead of the company's scheduled fourth-quarter earnings release on Monday. Cadence expects to report revenue in the range of $870 million to $890 million.
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