Streetbeat News

Partnerships

AMD

NVDA

NXPI

SMH

SOXX

TSM

Nvidia (NVDA) and AMD (AMD) stocks are trading higher due to the ongoing AI frenzy and potential U.S. semiconductor technology embargo on Russia. Nvidia's supplier TSMC (TSM) is hiring in Europe and planning a new fab in Dresden. Investors can also gain exposure through ETFs like SMH and SOXX.

Portfolio Pulse from Anusuya Lahiri

June 12, 2024 | 2:59 pm

UL

WHR

Whirlpool Of India has entered into a joint marketing agreement with Hindustan Unilever. The two companies will collaborate on marketing programs, advertorials, and product sampling.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:58 pm

RDZN

Roadzen has partnered with a commercial auto insurance agency network in India, expecting to generate $10 million in annual revenue from this collaboration.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:53 pm

AMZN

BTCUSD

CORZ

GOOGL

META

MSFT

Analyst Juan Leon from Bitwise predicts that AI and cryptocurrency could contribute $20 trillion to the global economy by 2030. Major cloud companies like Amazon, Google, Meta, and Microsoft are expected to spend $200 billion on data centers by 2025 to meet AI demand. Bitcoin miners are stepping in to fill the data processing gap, with CoreWeave offering to acquire Core Scientific for $1.6 billion.

Portfolio Pulse from Benzinga Neuro

June 12, 2024 | 2:52 pm

CDNS

Cadence and Samsung Foundry are collaborating to accelerate the design of AI and 3D-IC semiconductors. Cadence's digital and analog tools are optimized for advanced node SF2 GAA, enhancing quality and speeding up circuit process node migration. Their 3D-IC technology supports Samsung Foundry's multi-die integration, facilitating the design and assembly of stacked chiplets. Cadence's IP portfolio and tools aim to help customers achieve first-pass silicon success and faster time to market.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:46 pm

AAPL

MSFT

Samsung has merged its North American AI research centers and appointed former Apple executive Murat Akbacak to lead the new division. This move highlights the increasing focus on AI by major tech companies like Samsung and Apple.

Portfolio Pulse from Ananya Gairola

June 12, 2024 | 2:22 pm

WPP

KERV and CMI Media Group have announced a partnership to provide pharmaceutical clients with KERV's AI-powered video analysis and advertising technology.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:04 pm

IBKR

VGK

Interactive Brokers has expanded its trading capabilities by adding European stock options and index futures through Cboe Europe Derivatives. This move allows clients to trade European equity derivatives alongside global financial instruments.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:02 pm

RTX

RTX's Blue Canyon Technologies has been selected by NASA to provide multiple spacecraft buses for the Polsir Mission.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:01 pm

INTC

MSFT

QCOM

MediaTek is developing an Arm-based chip for Microsoft's AI laptops, potentially challenging Intel's dominance in the PC market. The chip is expected to launch next year, following the expiration of Qualcomm's exclusive deal to supply chips for laptops.

Portfolio Pulse from Benzinga Neuro

June 12, 2024 | 2:00 pm