Xiaomi unveils Xring O3 as it expands in-house chip push
TechNode·- Xiaomi unveiled its second in-house smartphone processor, the Xring O3, to reduce reliance on external suppliers. - TSMC is expected to manufacture the chip using a 3-nanometer process. - Xiaomi also reported that devices powered by its first Xring O1 processor exceeded 1 million cumulative shipments, while contracting TSMC for additional AI and autonomous-driving chips.Xiaomi Takes Another Page From Apple
GuruFocus·- Xiaomi is accelerating its vertical integration by partnering with Taiwan Semiconductor Manufacturing to produce its new Xring O3 smartphone processor on an advanced 3-nanometer process. - The company has invested over RMB 20 billion, or roughly $3 billion, in chip development and plans to deploy the 6nm Xring O100 and 3nm D100 processors for AI and autonomous driving next year. - This partnership reinforces demand for TSMC's advanced nodes while presenting Xiaomi with the challenge of leveraging proprietary silicon to improve margins and product differentiation amidst rising component costs.22:15 ETLa marca de mini PCs VZMORE debuta mundialmente en ShowStoppers @ IFA 2026
prnewswire·- German mini PC brand VZMORE makes its global debut at ShowStoppers @ IFA 2026, showcasing four flagship products equipped with advanced AMD and Intel processors. - The company introduces its proprietary V-Cooling™ thermal architecture across the lineup to improve heat dissipation efficiency and maintain stable performance under heavy workloads. - The global release of these four new mini PC models is scheduled for mid-October 2026, with final configurations and pricing to be announced closer to launch.Nvidia Earnings: Wall Street Expects Growth to Slow in Q2 — Dan Niles Says Hyperscalers Are Spending Like Never Before
benzinga_article·- Investor Dan Niles stated that Nvidia’s growth expectations may be conservative due to hyperscaler capital expenditures growing 92 % year-over-year in the quarter ending June 30. - Wall Street projects Nvidia's second-quarter revenue to reach $92.03 billion and earnings per share to hit $2.07. - Niles noted that Nvidia trades at 17 times projected 2027 earnings, presenting a favorable risk-reward setup despite local political headwinds against data centers.AMD or Nvidia: Load Up on One AI Chip Stock, but Avoid the Other, Says Investor
Tip Ranks·- Investor Elizabeth Pramila argues that AMD is poised to outperform Nvidia in the coming years by capturing AI spending through efficiency, flexibility, customization, and cost-effective inference. - The investment thesis highlights that AMD's MI400 GPUs, Helios rack-scale platform, and sixth-generation EPYC server CPUs provide competitive alternatives that appeal to major cloud providers and AI labs. - Pramila rates AMD as a Strong Buy with an average price target of $647.42 pointing toward 37% returns, while maintaining a Strong Sell rating on Nvidia despite Wall Street's consensus Strong Buy for both stocks.Micron Sees 'No End' to AI Memory Supply Crunch: CEO Sanjay Mehrotra Says 'Nothing Ever Goes in a Straight Line'
benzinga_article·- Micron Technology CEO Sanjay Mehrotra stated that artificial intelligence-driven memory demand shows no sign of easing, supported by multiyear customer agreements signaling a structural boom. - Analysts note that the memory market has become foundational rather than cyclical, with demand-to-supply ratios estimated at roughly 15 to 1 and meaningful production relief unlikely before 2028. - While Micron announced a $10 billion investment in Micron Research Labs to advance AI technologies, dissenting voices like ARK Invest caution that extraordinary pricing could eventually invite new competition.Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
benzinga_article·- President Donald Trump purchased between $15,001 and $50,000 in SpaceX shares on June 23, 2026, following the company's record $1.77 trillion IPO. - The financial disclosure also revealed numerous other stock trades in June 2026, including investments in Berkshire Hathaway and sales of major tech stocks like Nvidia and Tesla. - The White House stated that third-party financial institutions independently manage Trump’s portfolio without any direction or influence from him or his family.Waymo Unveils First Custom Robotaxi Chip With More Than 1,000 TOPS of AI Processing Power
benzinga_article·- Alphabet Inc. ’s Waymo has unveiled its first custom-designed 5 - nanometer ASIC robotaxi chip delivering over 1,000 TOPS of machine-learning performance for real-time sensor processing in its Ojai vehicles. - The new silicon simultaneously processes data from 13 high-resolution cameras while continuing to utilize hardware from major industry partners like Nvidia and AMD. - This development coincides with the rollout of the sixth-generation Driver on Zeekr-built vehicles at its Mesa factory, supporting Waymo 's scale of over 500,000 weekly autonomous trips.Pre-market hot trades in US stocks: Corning down 3.43% in pre-market; Micron Tech down 3.35% in pre-market
Price Alert·- Corning pre-market shares fell 3.43 % amid analyst downgrades and dividend announcements. - Micron Technology pre-market shares dropped 3.35 % despite a 10 billion dollar investment plan in Idaho and strong AI-driven memory demand. - Several other stocks experienced significant pre-market volatility, including Picard Medical rising 45.21 %, Sadot surging 42.45 % due to low float and increased buying, and SU Group climbing 38.07 % after regaining Nasdaq compliance.Top 5 US Stock Gainers/Losers (>100B) (8.24)
Top Gainers&Losers·- On August 24, major U.S. stock indices showed mixed results, with the Nasdaq falling 0.76 %, the S&P 500 down 0.28 %, and the Dow Jones rising 0.26 %. - Among companies with a market capitalization exceeding 100 billion, Altria Group and Mastercard recorded gains of 3.6 % and 3.31 % respectively. - Meanwhile, Seagate Technology and SanDisk experienced declines of 6.51 % and 6.45 % respectively.Micron CEO: AI has 'totally changed' the equation for the boom-and-bust memory industry
CNBC·- Micron CEO Sanjay Mehrotra stated that artificial intelligence has fundamentally transformed the historically cyclical memory chip industry into a durable market. - The company is advancing a 250 billion dollar U.S. manufacturing investment, including a massive fabrication site in Boise scheduled to produce wafers in mid-2027. - Driven by persistent AI demand, Micron is securing long-term strategic agreements with customers to ensure sales visibility and manage supply shortages.