- Motley Fool
Is Alphabet a Buy?
The artificial intelligence boom has arrived; here's what it means for Alphabet's stock.
- Reuters
Exclusive-Arm aims to capture 50% of PC market in five years, CEO says
TAIPEI -Arm Holdings aims to gain more than 50% of the Windows PC market in five years, the chip designer's CEO said, as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British firm's technology. Arm's U.S.-listed shares climbed 2.6% in pre-market trade on Monday. Demand for use of Arm's technology in personal computers got a boost after Microsoft unveiled ambitious plans last month to launch a new breed of PCs with artificial intelligence features to compete with Alphabet and Apple.
- Reuters
Nvidia leads global market cap gainers in May with AI-driven rally
Nvidia's market cap soared to $2.69 trillion at the end of May, marking a nearly 25% increase during the month, as the announcement of its stock split further boosted investor enthusiasm. Microsoft maintained its position as the leading global company by market cap, rising 6.6% to $3.08 trillion in May, with shares touching record highs driven by expectations that AI will significantly boost profit growth for Microsoft and its major competitors.
