AI job-loss fears are ‘hogwash’, says Infosys chairman Nandan Nilekani29m ago Broadcom CEO Likens Many AI Investors to Casino Gamblers30m ago Meta Unveils New Series of Advanced A.I. Models41m ago AI labs are fueling a wild market for your Slack DMs48m ago Naboo rebrands and says its AI cuts corporate event costs by 12%58m ago Raye hits back at ticket touts who 'overwhelmed' sign-up for Albert Hall show59m ago Orbital Data Centers Risk Becoming Military Targets in Space1h ago Atlassian does not use Chinese AI models in production, its CEO says1h ago Startup Releases 50-Billion-Parameter Physical General Foundation Model For Instant Robot Intelligence1h ago Alibaba Unveils $450 AI Glasses in Expanding Push Into Gadgets1h ago AI godfather Geoffrey Hinton: ‘We’re creating alien beings. I’m willing to be selfish and choose humans’1h ago Microsoft Prepares to Put Gigawatts of Its Chips in Data Centers1h ago SpaceX agrees to testify to NYC Council about AI safety after receiving subpoena1h ago 2 caught cheating using AI glasses during college entrance exams in Seoul1h ago

AI job-loss fears are ‘hogwash’, says Infosys chairman Nandan Nilekani29m ago Broadcom CEO Likens Many AI Investors to Casino Gamblers30m ago Meta Unveils New Series of Advanced A.I. Models41m ago AI labs are fueling a wild market for your Slack DMs48m ago Naboo rebrands and says its AI cuts corporate event costs by 12%58m ago Raye hits back at ticket touts who 'overwhelmed' sign-up for Albert Hall show59m ago Orbital Data Centers Risk Becoming Military Targets in Space1h ago Atlassian does not use Chinese AI models in production, its CEO says1h ago Startup Releases 50-Billion-Parameter Physical General Foundation Model For Instant Robot Intelligence1h ago Alibaba Unveils $450 AI Glasses in Expanding Push Into Gadgets1h ago AI godfather Geoffrey Hinton: ‘We’re creating alien beings. I’m willing to be selfish and choose humans’1h ago Microsoft Prepares to Put Gigawatts of Its Chips in Data Centers1h ago SpaceX agrees to testify to NYC Council about AI safety after receiving subpoena1h ago 2 caught cheating using AI glasses during college entrance exams in Seoul1h ago

Finance Industry & Manufacturing3 min reading time

Chip stocks slide after Broadcom boss likens AI investing to ‘casino’

Covered by 2 sourcesPublished 30 minutes ago

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Shares of major semiconductor companies dropped sharply after Broadcom CEO Hock Tan likened AI investing to gambling, while Chinese chipmaker CXMT reported progress on new memory chip technology that could challenge industry leaders.

Covered by 2 sources

#broadcom #cxmt #samsung-electronics #semiconductor-industry #sk-hynix #tsmc

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