The CEO of Advanced Micro Devices says demand for artificial intelligence semiconductors remains robust.
“First, second, and third priority are around AI, AI, AI,” she said. “Over the last thirty days, what we’ve seen is a continued acceleration of engagements” for AI in the data center. Su added that the market is “skyrocketing.”Su’s latest positive commentary is noteworthy. A month ago during an earnings call on Aug. 1 she said AI customer engagements had increased by more than seven times in the last quarter. A further improvement in interest would be sign the market hasn’t topped out yet.
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Bank of Israel says currency intervention will only be necessary ‘if we see market failures'Bank of Israel Governor Amir Yaron said Tuesday that currency intervention to support the weaker shekel will only be necessary in the event of market failures.
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This labor-market recession gauge is back in focus, former SAC Capital macro trader saysTwo things from the August jobs report should be a key focus for investors in stocks, says Peter Corey, co-founder and chief market strategist at Pave Finance.
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