Technology

The Magnificent Seven tech stocks, Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:FB), Nvidia (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA), continued to lead the tech industry in 2024, largely due to their investments in artificial intelligence. But the companies have had varying degrees of success with their AI efforts in 2024. Nvidia, Meta, Microsoft and Amazon have done particularly …

Intel CEO Pat Gelsinger resigned on December 1, following the company’s difficulties in adapting to the AI-driven tech landscape. Nvidia, a leader in AI chip technology, has surged ahead with its advanced GPUs, leaving Intel’s CPUs struggling to compete. Despite initiatives to revitalize the business, including $100 billion in factory investments and government support through the CHIPS Act, Intel has faced financial losses and internal inefficiencies. With interim leaders David Zinsner and Michelle Johnston Holthaus now at the helm, Intel must address structural challenges and regain competitiveness. The company’s future depends on resolving internal conflicts and innovating for the AI era.

AI is a perfect technology for cyber security because it enables cyber security companies to train their models with data from previous attacks to create autonomous systems that can detect if an attack is ongoing based on certain readings.

Making a new drug is like finding a needle in haystack - and AI can find that needle in that haystack very, very quickly - possibly measured in days rather than years.

There are a number of stocks that are well-positioned to benefit from the rise in advancements and adoption of AI technologies and this article focuses on news about the 7 most prominent companies at the forefront in AI's development and the major supplier of chips that make such development possible.

There is a significant rise in demand for specialized AI applications, which necessitate the creation of tailored AI chips and this shift has brought Electronic Design Automation (EDA) software to the forefront. Let’s delve into what EDA software is, its projected market growth, and the companies that are likely to benefit from this industry evolution.