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☆ CNBC Daily Open: CPI’s higher than expected. Is it just a “janky” data point?
▼ + stars: | 2024-10-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

SeongJoon Cho | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. "I am totally comfortable with skipping [rate cuts for] a meeting if the data suggests that's appropriate," Bostic told The Wall Street Journal in an interview Thursday. The data suggests so. "This choppiness to me is along the lines of maybe we should take a pause in November," said Bostic, a voting member of the Federal Open Market Committee.

Persons: SeongJoon Cho, Raphael Bostic, Bostic, Joseph Brusuelas, Jeff Cox, Samantha Subin, Hakyung Kim Organizations: AMD, Bloomberg, Getty, CNBC, Atlanta Federal Reserve, Wall Street, Federal, Market, RSM Locations: Pike, Seattle , Washington, US

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Ferrari, Meta, Amazon, Eli Lilly, Walmart, Uber & more
▼ + stars: | 2024-10-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs reiterates Nvidia as buy Goldman raised its price target to $150 per share from $135 following a series of Nvidia management meetings. Morgan Stanley names Atlassian a top pick Morgan Stanley named Atlassian a top idea and says the software company is well positioned for share gains. Morgan Stanley reiterates Eli Lilly as overweight Morgan Stanley raised its price target on the stock to $1,158 per share from $1,106. JPMorgan reiterates Amazon, Uber and Meta as top picks JPMorgan said in a note on Friday that Amazon, Uber and Meta were the firm's top three picks heading into earnings. JPMorgan upgrades Ferrari to overweight from neutral The firm says it's more constructive on the luxury automaker following a series of management meetings.

Persons: Wells, Redburn, Mercado, Morgan Stanley downgrades Qorvo, Morgan Stanley, Goldman Sachs, Goldman, Jensen Huang, Colette Kress, Stewart Stecker, Atlassian, Eli Lilly, LLY, Mizuho downgrades Mobileye, Kinder Morgan, it's bullish, Benedetto Vigna, Investor Relations Aldo Benetti, Tesla, Guggenheim Organizations: Bank of America, Broadcom, TAM, UBS, Devices, Mercado Libre, Nvidia, Pharma, Mizuho, JPMorgan, Meta, of America, Ferrari, Investor Relations, Netflix, Guggenheim, Walmart Locations: America, OW, China

☆ AMD just launched its new AI chip, but analysts say it's still a year behind Nvidia
▼ + stars: | 2024-10-11 | by ( Helen Li | ) www.businessinsider.com time to read: +3 min

AMD launched the Instinct MI325X accelerator on Thursday, and shipping starts later this fall. The new chip offers better performance than Nvidia's H200 yet lags behind Blackwell, analysts say. While the GPU significantly improved over AMD's previous offerings, Bernstein Research analysts wrote that it faces "zero challenge" against Nvidia's upcoming Blackwell chip. Nvidia announced in March the Blackwell series, which is set to ship in the fourth quarter of this year. Related stories"Training performance seems 1 year behind Blackwell (on par with H200) while inferencing is only slightly better," Arya wrote.

Persons: Blackwell, —, Lisa Su, it's, Vivek Arya, Arya, Bernstein, Su, EPYC, Intel's Organizations: AMD, Service, Nvidia, Industry, Bernstein Research, Nvidia's, Blackwell, Bank of America Securities, Intel Locations: Turin, Emerald Rapids

☆ AMD launches AI chip to rival Nvidia's Blackwell
▼ + stars: | 2024-10-10 | by ( Kif Leswing | ) www.nbcnews.com time to read: +5 min

AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. In the past few years, Nvidia has dominated the majority of the data center GPU market, but AMD is historically in second place. The new AI chip is the successor to the MI300X, which started shipping late last year. Most industry estimates say Nvidia has over 90% of the market for data center AI chips. The new CPUs are particularly good for feeding data into AI workloads, AMD said.

Persons: Lisa Su, Nvidia’s, ”, Su, That’s, ” Su Organizations: AMD, Nvidia, Meta, Microsoft, Blackwell, Intel, workloads

☆ Jim Cramer says AMD's slide could be an opportunity — plus, a defense of Salesforce
▼ + stars: | 2024-10-10 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are slightly lower Thursday, but not far from the S & P 500 's record close set Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a 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.

Persons: Jim Cramer, Salesforce, Piper Sandler, Laggard, Analysts, It's, Piper, Salesforce's, Lisa Su, Su, Jim, Jim Cramer's Organizations: CNBC, ., CRM, Nvidia, AMD, AMD's, UBS, Broadcom, JPMorgan Chase, BlackRock, Bank of New York Mellon, PPI, Jim Cramer's Charitable Locations: China, Wells Fargo

Learn moreThe October Prime Day event is almost over, and there are only a few hours left to get the best Amazon Prime deals. Below, we've compiled the 100+ best Prime Day deals you can get right now. Tech and gaming Prime Day dealsWhether you're an Apple aficionado looking for a good deal or a gamer yearning for a PS5, Prime Day has you covered. View at AmazonFor more highlights of Prime Day sales on Amazon products, check out our roundups of the best Prime Day Fire TV Stick deals and best Prime Day Amazon Echo deals. You can find the top sales in our guides to the best women's Prime Day clothing and shoes, men's Prime Day clothing and shoes, and Prime Day coach bags.

Persons: we've, there's, Bose, Apple, We've, it's, shams, Dyson, OmniForce, Bissell, Ashley Caitbrook, Ashley, you've, recyclables, callouts, Dyson Airwrap, ”, Gabrielle Chase, “, wardrobes, Tabby, clogs, Pullover Organizations: Business, Amazon Prime, Apple, Samsung, PlayStation, LG, Amazon, Apple AirPods, Amazon Bose, Amazon LG, Tech, Sony, Google, Slim, Air, MacBook, Amazon Apple, Amazon Samsung Galaxy Watch, Galaxy Watch, Garmin, Amazon Samsung, Galaxy, Alexa, Kindle, Casper, Pillow, Dyson, Upright, Bissell, AMD, futon, Amazon Philips, Chatelet Air, DELTA, Delta, Philips, Adidas Locations: Amazon, Keurigs

☆ Chip market is moving 'very, very quickly', says AMD CEO Lisa Su
▼ + stars: | 2024-10-10 | 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 EmailChip market is moving 'very, very quickly', says AMD CEO Lisa SuLisa Su, AMD CEO, joins 'Closing Bell Overtime' and CNBC's Kristina Partsinevelos to talk its new AI chip, pricing, chip manufacturing and more.

Persons: Lisa Su Lisa Su, CNBC's Kristina Partsinevelos Organizations: AMD

☆ We see a driver for AMD stock coming up — plus, what's behind the continued market rally
▼ + stars: | 2024-10-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

With oil prices sliding and China's market giving back more of its recent gains, U.S. stocks have been free to rally. 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.

Persons: Jim Cramer, it's, Morgan Stanley, Vimal Kapur, Kapur, Wedbush, Jim Cramer's, Jim Organizations: CNBC, ., Federal, Fed, CME Fed Watch, Honeywell, Nvidia, Broadcom, AMD, Bank of America, Oracle, Microsoft, ZT Systems, PPI, Jim Cramer's Charitable Locations: Wells Fargo, Turin

The best Amazon Prime Day dealsKeep checking in on our curated deals list below, as we'll be updating it throughout the event with our latest Prime Day picks. Tech and gaming Prime Day dealsThis will be one of the busiest sections of the October Prime Day sale, and some absolute bangers are live already. View at AmazonKitchen Prime Day dealsLooking for a Prime Day pick-me-up? View at AmazonStyle and beauty Prime Day dealsIt's not all high-end electronics on Prime Day. View at AmazonAmazon Prime Day FAQsWhen is Amazon Prime Day?

Persons: We'll, we've, we'd, You'll, Bose, Apple, LG's, 120Hz, HLG, OmniForce, Bissell, Loren, LQ, seltzer, It's, I've, Skip, shams Organizations: Business, Amazon Prime, Deal, Tech, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon, Sony, Apple AirPods, LG, Samsung, Dolby, HLG Smart, Amazon LG, Chatelet Air, Bissell, DELTA, Delta, Barista, REVLON, Revlon, Amazon Braun, Braun

☆ Chip stocks look poised to make another run, especially Broadcom, according to the charts
▼ + stars: | 2024-10-08 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

The charts indicate it may be time to look at chip stocks once again. However, the major semi names like Nvidia (NVDA) , Broadcom (AVGO) and AMD (AMD) have not actually fallen significantly in this rotation. Before we get into the specifics of Broadcom, let's take a look at the rotation out of semis starting in early August. Broadcom's chart Broadcom is a key holding in both my dividend and growth portfolios at Inside Edge Capital. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: swoon, we're, I've, you've, Todd Gordon, Gordon, AVGO Organizations: Semiconductor, Nvidia, Broadcom, AMD, CNBC Pro, let's, I've, Edge, Inside Edge, CNBC, NBC UNIVERSAL

Learn moreAs the Amazon Prime Big Deal Days event kicks off, so do Prime Day monitor deals. View at AmazonThe best Amazon Prime Day gaming monitor dealsThe Samsung Neo G9 is 36% off, a fairly common deal for this model, but it's also often found at full price. However, it retains HDR1000 certification, a 1000R certification, AMD FreeSync Premium Pro, and a 240Hz refresh rate. It also has a blazingly fast 360hz refresh rate, making this an ideal high-end gaming monitor. It also supports HDR10 but its contrast performance can't match that of an OLED monitor.

Persons: We've, it's, OLED Organizations: Business, Amazon Prime, Deal, Gamers, Philips, LG, Dell, AMD, Samsung, Asus, Amazon Samsung, Amazon LG, Amazon, Amazon Dell Locations: Amazon

☆ TensorWave wants to break Nvidia's dominance in AI compute. Here's an exclusive look at the pitch deck it used to raise $43 million.
▼ + stars: | 2024-10-08 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

TensorWave has raised $43 million for its AI cloud service platform. BI got an exclusive look at the 9-slide pitch deck used to secure the funding. AdvertisementTensorWave, a startup providing a cloud platform for AI applications that runs on chips designed by an Nvidia rival, has raised $43 million in funding. AdvertisementThe startup's pitch deck, shared exclusively with BI, states that "buyers desperately need an alternative for AI compute infrastructure." Check out the 9-slide pitch deck TensorWave used to secure the fresh funding.

Persons: TensorWave, —, Darrick Horton, Piotr Tomasik, Tomasik Organizations: AMD, BI, Service, Nvidia, Maverick Capital, Translink Capital, Venture Partners, AMD Ventures Locations: Vegas

☆ Our 3 chip stocks tend to finish the year strong — but 1 needs to play catch up
▼ + stars: | 2024-10-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Apple , Amazon , DuPont , and Constellation Brands all saw their ratings lowered by different Wall Street analysts. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a 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.

Persons: Jim Cramer, Ben Reitzes, Melius, Duckhorn, Wells, Jim Cramer's, Jim Organizations: CNBC, ., Nvidia, Devices, Broadcom, Melius Research, VanEck Semiconductor, AMD, Apple, DuPont, Constellation Brands, Wall, Morning, Constellation, PepsiCo, Jim Cramer's Charitable Locations: NAPA, Wells Fargo

View at Amazon What we like Check mark icon A check mark. Includes 4K Blu-ray disc drive to play physical games discs and moviesCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: We'll, we've, you'll, I'm, we'd, You'll, Apple, LG's, 120Hz, HLG, vacuums, seltzer, shams, Dyson, OmniForce, Bissell, Loren, LQ, It's, I've, Skip Organizations: Business, Amazon Prime, Deal, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon Samsung, LG, Sony, Samsung, Amazon, Dolby, HLG Smart, Amazon LG, Chatelet Air, Barista, DELTA, Delta, Dyson, Bissell, REVLON, Revlon, Amazon Braun, Braun Locations: Delsey

☆ Inflation, earnings and AI are the three market drivers we're watching this week
▼ + stars: | 2024-10-06 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Friday's rally on a strong jobs report gained momentum into the close and pushed the stock market into the green for the week. Inflation data: The September consumer price index (CPI) report is out Thursday. The September producer price index (PPI) is out Friday. Jim said last week that investors who don't own AMD shares should buy some ahead of CEO Lisa Su's presentation. ET: Consumer price index 12 p.m.

Persons: we'll, Jim Cramer, Friday's, Matthew Graham, Israel, Joe Biden, Wells, Jim, we're, We're, Morgan Stanley, Lisa Su's, Su, Jim Cramer's, Michael M Organizations: Dow, Nasdaq, Federal, Mortgage News, Mortgage News Daily, CNBC, Devices, PPI, Bank, Nvidia, SOXX Semiconductor, PepsiCo, Delta Air Lines, DAL, JPMorgan, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: U.S, Iran, Israel, Wells Fargo, BlackRock, New York City

☆ Jim Cramer tells investors to put this chipmaker and this bank on their buy lists
▼ + stars: | 2024-10-04 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer calls September's nonfarm payroll growth a "no landing" number, meaning we don't have to waste energy debating a hard economic landing versus a soft landing. AMD stock is starting to reflect that, he added, but it hasn't had nearly the gains of rival Club stock Nvidia this year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, September's, Jim, Lisa Su, hasn't, Morgan Stanley, Wells, It's, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, Club, AMD, Nvidia, Bank, Fed Locations: U.S, Israel, San Francisco, Wells Fargo

☆ Jim Cramer's week ahead: CPI data and earnings from Delta, Domino's and major banks
▼ + stars: | 2024-10-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer reviewed next week's top market-moving action, highlighting new consumer price index data and a slew of earnings reports as the season begins, including ones from Delta , Domino's and several major banks. The labor department will release September's CPI report on Thursday, and Cramer said investors who want a rate cut are hoping for a cool number. Friday brings the producer price index report, and like the CPI, this data will be a metric for the Fed's next decision, Cramer said. Big ticket financial earnings will also come out that day, including Wells Fargo , JPMorgan and Blackrock . He said banks represent the least expensive group on the market, and investors should use any weakness to buy them.

Persons: CNBC's Jim Cramer, Cramer, he's, Delta, Tesla Organizations: Wall, PepsiCo, General Motors, Federal, Big Tech, AMD, HP Enterprise, Big, JPMorgan, Blackrock Locations: Delta, Domino's, Wells Fargo

☆ Everyone wants to know what AI is worth. One investor looked to the past for the $20 trillion answer.
▼ + stars: | 2024-10-03 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

Miller's team compared AI's growth with past tech waves, finding consistent growth rates. In fact, the generative-AI wave looks a lot more like past tech waves than its revolutionary capabilities would suggest. That "rule of three" theory puts the value of the AI wave at about $20 trillion. Miller likened the AI wave to the mobile wave in about 2009, when there were few applications for the iPhone. "So the question is if compute is the primary underlying driver of economic activity, economic growth, economic opportunity, then there's an argument that it's actually bigger."

Persons: Ben Miller, Miller, Nvidia wouldn't, —, Jensen Huang, Everybody's, Anthropic's Claude, Fundrise, shortsighted, it's, We'll, they're Organizations: Nvidia, Service, Cisco, Intel, Business, Adobe, AMD, Meta, Microsoft, Bloomberg, IDC

☆ How the port strike could actually boost Costco sales
▼ + stars: | 2024-10-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Club stock Nvidia jumped more than 3% — bucking the pressure on Big Tech. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a 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.

Persons: Jim Cramer, Jensen Huang, Eli Lilly, Lilly, Oppenheimer, Jim Cramer's, Jim Organizations: CNBC, Wall, Nvidia, Big Tech, Blackwell, Broadcom, Devices, Food and Drug Administration, Costco, AMD Locations: New Jersey

☆ India to fabricate its first chip in two years as Nvidia, AMD and Micron pledge to expand to the country
▼ + stars: | 2024-10-01 | by ( Seema Mody | ) www.cnbc.com time to read: +3 min

Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will fabricate its first chip in two years, Commerce Minister Piyush Goyal told CNBC during a one-on-one interview in New York. Nvidia , AMD , Micron are among the U.S. companies that have pledged to expand in the country. Goyal added that Indian behemoth Tata and other domestic companies are working to make India's semiconductor dream a reality. And according to Goyal, Indian customers are increasingly opting for the more expensive iPhones.

Persons: Piyush Goyal, chipmakers, Goyal, behemoth Tata, Narendra Modi, Apple, Warburg Pincus Organizations: of Commerce and Industry, Consumer Affairs, Food, Commerce, CNBC, Nvidia, AMD, Micron, behemoth, Taiwan Semiconductor Manufacturing Company, Samsung, U.S, Apple, BlackRock, KKR, Google, Microsoft Locations: India, New York, Silicon Valley, China, Goyal

☆ Super Micro shares tumble 15% after DOJ reportedly opens probe into company
▼ + stars: | 2024-09-26 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Super Micro Computer shares fell more than 15% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom. Super Micro makes computers that companies use as servers for websites, data storage and other applications, including AI algorithms. A prosecutor in the U.S. attorney's office in San Francisco has asked for information about a former employee who has previously accused Super Micro of accounting violations, according to the Journal. Following Hindenburg's report in August, Super Micro said it would not file its annual report for the fiscal year with the U.S. Securities and Exchange Commission on time, sending shares tumbling nearly 20%. Super Micro declined to comment.

Persons: Hindenburg Organizations: Micro Computer, Justice Department, Wall Street Journal, Hindenburg Research, CNBC, Nvidia, AMD, Intel, Super, U.S . Securities, Exchange Commission, Department of Justice Locations: U.S, San Francisco

☆ Here's why Wells Fargo is our top performer Thursday — plus, 3 things we want from Costco's earnings
▼ + stars: | 2024-09-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Chipping away: Shares of Wells Fargo popped around 5% on signs of progress in its multiyear journey to clean up its operations and have its Federal Reserve-mandated asset cap removed. In addition, this news pushes back on the idea that Wells Fargo recently suffered a regulatory setback. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a 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.

Persons: Jim Cramer, Wells, Wells Fargo, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Micron, Street, Department of Justice, AMD, Starbucks, Chipping, Reserve, Bloomberg News, Fed, Bloomberg, Currency, Club, Costco, Jim Cramer's Charitable Locations: China, Wells

☆ 10 things to watch in the stock market Thursday, including the Micron-fueled chip rally
▼ + stars: | 2024-09-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

10 things to watch Thursday, Sept. 26 — Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. China stocks rallied again — this time on signs the Chinese government is prepared to add fiscal stimulus to this week's central bank monetary stimulus. Nvidia and Advanced Micro Devices are Club stocks. China stocks rallied again — this time on signs the Chinese government is prepared to add fiscal stimulus to this week's central bank monetary stimulus. Nvidia and Advanced Micro Devices are Club stocks.

Persons: Jeff Marks, Jim Cramer, Bernstein, Brian Niccol, that's, Mark Zuckerberg, Jensen Huang, Elliott, Truist, Eaton, Morgan Stanley, Jefferies, Hershey, Jim Cramer's, Jim Organizations: Micron, AMD, Nvidia, Devices, Starbucks, Club, GE Healthcare, UBS, Bank of America, JPMorgan, Meta, Southwest Airlines, Elliott Management, GE, Jefferies, Wells, Jim Cramer's Charitable, CNBC Locations: China

☆ Here's what Micron's strong quarter and outlook can tell us about 8 of our portfolio stocks
▼ + stars: | 2024-09-26 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

What's good for memory chipmaker Micron Technology is good for stocks tied to data centers and AI-enabled consumer electronics — two tech trends with robust representation in the Club portfolio. The Micron pop led to broad-based early strength in semiconductor stocks and other tech names. Micron CEO Sanjay Mehrotra's post-earnings commentary on HBM demand was particularly striking. 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: Sanjay Mehrotra's, Mehrotra, —, Jim Cramer's, Jim Cramer, Jim, Jeremy Erickson Organizations: Micron Technology, Club, Micron, Nvidia, Devices, Broadcom, TAM, Microsoft, Apple, AMD, CNBC, Bloomberg, Getty Locations: Boise , Idaho

☆ Nvidia's days of absolute dominance in AI could be numbered because of this key performance benchmark
▼ + stars: | 2024-09-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Liang told Business Insider he expects 90% of AI computing workloads will be in inference in the not-too-distant future. AdvertisementThat's why several startups are charging aggressively into the inference market — emphasizing where they might outperform the goliath in the space. Speed is an important factor when multiple AI models talk to each other and waiting for an answer can dampen the magic of generative AI. The number of tokens per second that can be consumed (when a prompt goes in) and generated (when a response comes out) is a common metric for AI computing speed. AdvertisementCerebras's AI chip is roughly size of a dinner plate.

Persons: —, Rodrigo Liang, Colleen Kress, workloads, Liang, Andrew Feldman, Bernstein, Colette Kress, Kress, Nvidia's, SambaNova, Anthropic's Claude, Nvidia isn't, Jensen, Dylan Patel, Patel Organizations: Service, Business, SambaNova Systems, Nvidia, ARM, AMD, o1, BI Locations: Artificialanalysis.ai, TCO

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