Intel’s Gaudi 3 will cost half the price of Nvidia’s H100 (tomshardware)
Taobao and Tmall’s 2024 6.18 Campaign Scores Brand, Loyalty Program Wins (alizila)
Global Investors Turn Cautious on Once Favorite Japanese Stocks (bloomberg)
I Can’t Believe This Wild Stanley Cup Final. What the Heck Is Going On? (wsj)
Even without access to high end semiconductors, there is evidence that China was able to approximate high end semiconductor performance through very aggressive use of low end semiconductors. Hence AI has ended up boosting the demand for all semiconductors. This would explain the phenomenal performance of Philadelphia Semiconductor Index. The embargo is creating demand across the entire semi spectrum. (zerohedge)
The Semiconductors Have Topped; Look Elsewhere For Opportunities (stockcharts)
Mizuho recently upgraded PayPal’s stock from a neutral rating to a buy, with senior analyst Dan Dolev estimating that PayPal will eventually be able to charge 0.70% of each transaction for Fastlane and that the product will add $1 to $1.5 billion to its annual $14 billion in gross profits over the next 18 months or so. (forbes)