Broadcom Inc (AVGO US) Upgrade to Buy: ASIC potential to knock our socks off Turning positive on Broadcom driven by better ASIC visibility: We were previously less bullish as we wanted to see better visibility into the ASIC customer pipeline emerge. We also had concerns about Apple share loss in the wireless segment as well as a potential VMware slowdown. However, we turn positive on Broadcom as we now believe its ASIC revenues will significantly beat market expectations from better ASIC project visibility ...

Nvidia's next big growth catalyst is hiding in plain sight.Nvidia (NVDA 4.26%) CEO Jensen Huang has been defining how the future of artificial intelligence (AI) will evolve. New terms like "sovereign AI" and "AI factories" are being splashed all over business news sites. But what do they really mean?For investors, one thing they should mean is that Nvidia remains the one stock to buy to take advantage of global AI growth. The company has been the leader in selling the hardware needed to support massive comp ...

QuantGold Enables AI to Compute on Sensitive Data without Exposure – Backed by 120+ Encryption Patents and Already Deployed in 100+ Institutions Targeting an approximate US$400 Billion Market, QuantGold Offers Encrypted, Pay-Per-Use AI Compute to Unlock the Sovereign Data Economy for Governments and Enterprises KUALA LUMPUR, Malaysia, June 24, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified global holding company, today announced the official launch ...

Core Insights - HIVE Digital Technologies Ltd. has announced the acquisition of a 7.2 MW data center in Toronto, Canada, aimed at enhancing its high-performance computing (HPC) infrastructure and developing a sovereign AI ecosystem through its subsidiary BUZZ HPC [3][4][5]. Group 1: Acquisition Details - The facility will serve as a foundational pillar for BUZZ HPC's growth, enabling the deployment of advanced liquid-cooled compute infrastructure for AI workloads [4][5]. - The acquisition is positioned strategically in Toronto, which is recognized as Canada's largest tech hub, facilitating access to higher education, AI research, and fiber optic connectivity [5][6]. Group 2: Strategic Importance - This move is part of HIVE's long-term vision to build next-generation compute infrastructure in Canada, contributing to the development and hosting of Canadian data and AI models [5][6]. - The Toronto data center is expected to support large-scale AI training, inference, and cloud services tailored for Canadian enterprises and government initiatives [4][5]. Group 3: Future Plans and Commitments - HIVE aims to upgrade the facility to Tier 3 standards, allowing it to operate a GPU cloud of up to 5,000 next-generation GPUs for AI compute [7]. - The acquisition aligns with HIVE's commitment to sustainable digital infrastructure, with plans to integrate green energy sources [6][7].

June 18, 2025 04:29 PM GMT M Update S. Korea Telecoms, Media & Internet | Asia Pacific Our thoughts on AI enthusiasm We believe market sentiment toward AI could be running ahead of fundamentals, as post-election market exuberance continues to play out while details are lacking. Sovereign AI will be a key debate – and a formidable challenge, in our view. AI-related stocks showed "buy first, ask questions later" sentiment today: Led by Naver (+20% vs. 0.7% for the KOSPI), many Internet stocks made two-sigma-p ...

And US tech firms have been deepening ties to Gulf states investing heavily in AI with tensions up in the Middle East. Dear Jabosa digs into the risks of sovereign AI in today's tech check. Hi Dearra.Hey Kelly. So sovereign AI and that is to remind you countries that want to build their own AI systems. It hasn't always come with with a clear business case.In many of these cases they were government-ledd projects built for political prestige rather than commercial demand. And the Middle East is a perfect exa ...

US tech firms have been deepening ties to the Middle East with Gulf States investing heavily in AI. But as this geopolitical turmoil in the region heats up, Debos is looking at how those ties are starting to expose the risks of that so-called sovereign AI bucket we talked so much about last month, Steve. So much about.And remember, Carl, that sovereign AI, it was supposed to be the next big thing. A wave of national efforts across the Middle East and beyond picking up where China left off after US exports c ...

NVIDIA Corporation NVDA showed off its AI market leadership and growing opportunities for sovereign AI at GTC Paris, an analyst said in a new investor note.The NVDA Analyst: JPMorgan analyst Harlan Sur maintained an Overweight rating on Nvidia with a $170 price target.The Analyst Takeaways: Sur said Nvidia has "strong AI infrastructure deployment" over the next several years."NVIDIA hosted its 2025 GTC Paris keynote to highlight the sovereign AI opportunities in Europe and the AI industrial revolution that ...

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images)Nvidia on Wednesday announced a slew of partnerships with European countries and companies spanning infrastructure to software as it looks to keep itself at the center of the global artificial intelligence story.Chief Executive Jensen Huang on Wednesday continued his tour of Europe with a keynote at Nvidia's GTC event in Paris, France, where he ...

Model Builders Across Europe — Including France, Italy, Poland, Spain and Sweden — to Deliver Sovereign Models With NVIDIA Nemotron AI Models Tailored to Local Languages and Culture Coming to Perplexity, Delivered as NVIDIA NIM Microservices and Hosted on Regional AI Infrastructure From NVIDIA Cloud Partners PARIS, June 11, 2025 (GLOBE NEWSWIRE) -- NVIDIA GTC Paris at VivaTech -- NVIDIA today announced that it is teaming with model builders and cloud providers across Europe and the Middle East to optimize s ...