Empower Semiconductor and Marvell Technology have announced a collaboration to advance power delivery solutions for AI and cloud platforms. The initiative focuses on developing high-performance, integrated power silicon chips for Marvell's custom silicon platforms. This collaboration aims to enhance the power efficiency of hyperscale and infrastructure providers by integrating power delivery systems closely with processors. Utilizing Empower's FinFast™ technology and vertical power delivery architecture, these solutions seek to reduce power transmission losses and improve the efficiency required to meet the growing demands of next-generation processors.
Elsewhere in the market, Kakao (KOSE:A035720) was a notable mover up 8.3% and ending trading at ₩65,400. Meanwhile, Glarun TechnologyLtd (SHSE:600562) lagged, down 7.3% to close at CN¥28.45.
Best Cloud AI Stocks
- Apple (NasdaqGS:AAPL) closed at $196.58 up 0.5%.
- Microsoft (NasdaqGS:MSFT) ended the day at $480.24 up 0.5%, not far from its 52-week high. On Tuesday, Tarana announced a collaboration with Microsoft to improve internet access in rural Africa by deploying cost-effective telecom solutions.
- Alphabet (NasdaqGS:GOOGL) ended the day at $173.32 down 1.5%.
Key Takeaways
- Embark on your investment journey to our 162 Cloud AI Stocks selection, featuring Open Text, FPT and MongoDB, right here.
- Ready For A Different Approach? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 27 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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