On October 9, Scott Ladner, Chief Investment Officer at Horizon Investments, appeared on CNBC to state that this is still a tech-driven, AI-driven market. According to the LSEG tracker, since July, only three sectors are expected to see an improvement in their earnings growth: Tech, Communications Services, and Financials. Ladner stated that it’s always wise to revert to the fundamentals. He broadly confirmed that the current market is still dominated by the tech trade, being driven by AI. He emphasized tha ...

Core Insights - AMD showcased its "Helios" rack scale platform at the OCP Global Summit, marking a significant advancement in open, interoperable AI infrastructure [2][7] - The "Helios" platform is designed to meet the demands of gigawatt-scale data centers and is based on the new Open Rack Wide (ORW) specification introduced by Meta [3][7] - The platform integrates various open compute standards, enhancing serviceability and thermal performance, while supporting efficient scaling for AI and high-performance computing workloads [4][5] Company Developments - "Helios" extends AMD's leadership in AI and high-performance computing, providing a scalable infrastructure to address the growing demands of AI [3][7] - The platform combines AMD Instinct GPUs, EPYC CPUs, and advanced networking to create a flexible, high-performance system for next-generation AI workloads [4][7] - AMD emphasizes open collaboration within the OCP community to foster the development of scalable AI infrastructure globally [5] Industry Impact - The introduction of the "Helios" platform is expected to reduce deployment time and improve interoperability for OEMs, ODMs, and hyperscalers [5] - By adopting ORW and OCP standards, "Helios" aims to provide a unified foundation for developing and deploying efficient AI infrastructure at scale [3][4] - The focus on open standards and collaboration is seen as crucial for efficiently scaling AI technologies in the industry [4]