SOXX250516C170000
- 16.90
- +5.80+52.25%
iShares Semiconductor ETF Newsroom
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Express News | Tech giants extend gains in overnight trading, Google soars 5% as Q1 income beats and it announced a $70 billion buyback plan; Nvidia, Amazon and Tesla rise 2%. Intel drops 5% on outlook, despite Q1 results beating.
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Nvidia, Amazon Dash Concerns of AI Data Center Demand Slowing: Report
Executives from Amazon and NVIDIA jointly stated that the construction boom of AI Datacenters shows no signs of slowing down.
① Executives from Amazon and NVIDIA have stated that the construction of AI datacenters has not slowed down and the demand is strong; ② Kevin Miller, Vice President of AWS Global Datacenters, mentioned that the demand for datacenters continues to grow with no significant changes; ③ Josh Parker, Senior Director of Corporate Sustainability at NVIDIA, indicated that the growth of AI will drive an increase in computing and energy demand.
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Is the Datacenter project slowing down? Amazon denies it, and NVIDIA supports: only seeing the demand for electricity increase due to AI.
Amazon executives stated that there are no significant changes to Amazon's Datacenter plans, and they continue to see very strong demand. NVIDIA executives mentioned that they have not observed any pullback, and the demand for computing and Energy will only grow because of AI.
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