AI Chips
Steven Cohen’s Point72 Boosts Nvidia Stake by 74% Amid AI Chip Frenzy While Exiting $300M Amazon Holdings on Valuation Risks
Sunita Somvanshi
The third quarter of 2023 brought fascinating shifts in Steven Cohen’s investment strategy at Point72 Asset Management. The $39 billion ...
OpenAI Partners with Broadcom and TSMC for Custom AI Chips, Targets $5B Compute Costs with AMD and Nvidia Amidst 80% Market Hold and 2026 Launch
Rahul Somvanshi
OpenAI has partnered with Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) to develop its first custom AI chip, while adding ...