Humanoid Robots Stumble Forward in Half-Marathon Showcase
Jensen wants more power: Nvidia CEO Jensen Huang met with Japanese Prime Minister Shigeru Ishiba to push the country to generate more electricity to meet the needs of artificial intelligence work.
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Forbes
an hour ago
- Forbes
Apple iPhone 17 Release Date: New Clue Revealed In Latest Leak
Last month, I assessed exactly when the next iPhone series, would go on sale. Now, Mark Gurman from Bloomberg has had his say. Happily, it's along the same lines, so perhaps we can begin to be confident when the iPhone will land. Apple iPhone 16: when will the iPhone 17 go on sale, exactly? In the latest edition of his Power On newsletter, Gurman seeks to answer the question: 'When will Apple hold its iPhone 17 launch event?' Although he went into much less detail than my report (and I admit it, brevity is the soul of wit), he lighted on similar dates. 'The company usually unveils its new iPhones the week after Labor Day. If that holds — and there's no reason to believe it won't — you can pencil in the keynote for the week of Sept. 8,' he began. This continues to make sense to me: the week before would be when the large-scale electronics trade show IFA takes place in Berlin and it's already thought that there will be some big announcements there. Apple won't want to share the spotlight with the myriad other brands popping up in Berlin. 'In the past, Apple has typically favored Tuesdays, but there have been some exceptions in recent years,' Gurman goes on. He's referring to the fact that last year's event, against most people's expectations, including his, was held on a Monday. I'm quietly delighted that I did report the right date in advance. Forgive me a moment of glee, please. 'So it could be that Monday (the 8th), though I suspect the 9th or 10th is probably more likely. Apple never holds events on Fridays, so you can rule out the 12th, and it has avoided launching new products on Sept. 11,' Gurman concludes. This is the new information here. I had only briefly considered the Monday, but Gurman is giving it more credence. However, we both think that Tuesday 9 or Wednesday 10 are more likely. As I said before, my money is on the keynote happening on Tuesday, Sept. 9 at 10 a.m. Pacific in the Steve Jobs Theater in Cupertino. Gurman only talks about the keynote, but when will the onsale date be? I still think the iPhone 17 series will go on sale on Friday, Sept.19.
New York Post
an hour ago
- New York Post
Nvidia CEO to hold media briefing in Beijing this week
Nvidia CEO Jensen Huang will hold a media briefing in Beijing on Wednesday, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the U.S. government has imposed restrictions on the export of Nvidia's most advanced chips to China, citing concerns over potential military applications. The U.S. also imposed a ban earlier this year on sales of Nvidia's H20 artificial intelligence chips to the country — which had been Nvidia's most powerful AI chip cleared for Chinese sales. Nvidia CEOI Jenson Huang in Paris last month. Getty Images Huang's latest visit has been closely-watched in both the U.S. and China. A bipartisan pair of U.S. senators on Friday sent a letter to Huang about his China trip, asking him to abstain from meeting with companies that are working with military or intelligence bodies in the People's Republic of China. The senators also asked Huang to refrain from meeting with entities named on the U.S.' restricted export list. China generated $17 billion in revenue for Nvidia in the fiscal year ended Jan. 26, accounting for 13% of the company's total sales, based on its latest annual report. Huang has consistently highlighted China as a critical market for Nvidia's growth. Nvidia's market value topped $4 trillion for the first time last week. AFP via Getty Images Nvidia has faced increased competition from Chinese tech giant Huawei and other makers of graphics processing units — the chips used to train artificial intelligence. But Chinese companies, including its big tech firms, still crave Nvidia chips due to the company's computing platform known as CUDA. Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology.
Yahoo
2 hours ago
- Yahoo
TD Cowen Upgrades Texas Instruments (TXN) Stock to Buy
Texas Instruments Incorporated (NASDAQ:TXN) is one of the Most Promising AI Stocks to Buy Now. TD Cowen upgraded the company's stock to 'Buy' from 'Hold' with a price objective of $245, up from the prior target of $200, as reported by The Fly. The firm added confidence that the industrial semiconductor de-stocking has been ending. Texas Instruments Incorporated (NASDAQ:TXN) remains well-positioned to outperform in either a sharp or gradual recovery, added the firm's analyst. The firm also added that the company's U.S.-based manufacturing provides it with an edge as demand stabilizes. A robotic arm in the process of assembling a complex circuit board - showing the industrial scale the company operates at. Texas Instruments Incorporated (NASDAQ:TXN) has also announced that it is working with NVIDIA to develop power management and sensing technologies for 800V high-voltage direct current (HVDC) power distribution systems for the data center servers. Notably, the new power architecture enables more scalable and reliable next-gen AI data centers. NVIDIA and Texas Instruments Incorporated (NASDAQ:TXN) have the same goal to revitalize US manufacturing through building more of the infrastructure for AI factories. NVIDIA's CEO remains optimistic about continuing the collaboration with the company by developing products for advanced AI infrastructure. Overall, growth in the broader AI industry is expected to continue to drive demand for Texas Instruments Incorporated (NASDAQ:TXN)'s analog and embedded chips, critical for power management, sensing, as well as connectivity in AI-driven systems such as data centers and industrial automation. Mairs & Power, an investment advisor, released its Q1 2025 investor letter. Here is what the fund said: 'Our preference for stable cash flow companies led to additional outperformance in the sector, with heavy overweights to Texas Instruments Incorporated (NASDAQ:TXN) and Motorola Solutions (MSI) benefiting relative returns. Texas Instruments has been on a multi-year business transition, investing heavily in semiconductor manufacturing facilities which are based in the U.S. Domestic facilities combined with general industrial end market weakness has kept the company from experiencing the same excitement as many of the other semiconductor companies.' While we acknowledge the potential of TXN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
