AMD

AI Investments to Lift Hyperscale Cloud Capex 17 Percent in 2024, According to Dell'Oro Group

Retrieved on: 
Thursday, March 14, 2024

REDWOOD CITY, Calif., March 14, 2024 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, accelerated computing is forecast to lift hyperscale cloud capex to 17 percent growth in 2024. AI infrastructure investments in the enterprise are also gaining momentum.

Key Points: 
  • REDWOOD CITY, Calif., March 14, 2024 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, accelerated computing is forecast to lift hyperscale cloud capex to 17 percent growth in 2024.
  • AI infrastructure investments in the enterprise are also gaining momentum.
  • "After growing just 4 percent in 2023, worldwide data center capex is projected to rebound to double-digit growth this year," said Baron Fung, Sr. Research Director at Dell'Oro Group.
  • We project that the top 4 US hyperscalers—Amazon, Google, Meta, and Microsoft—will each increase their data center capex by double digits in 2024.

COMPUTEX 2024 Keynote: Global Tech Giants Unlock the Future of AI and Technology

Retrieved on: 
Thursday, March 14, 2024

Elevating the anticipation is the COMPUTEX Keynote, featuring a series of presentations from major tech giants including AMD, Qualcomm Incorporated, Intel, MediaTek, Supermicro, NXP® Semiconductors, and Delta.

Key Points: 
  • Elevating the anticipation is the COMPUTEX Keynote, featuring a series of presentations from major tech giants including AMD, Qualcomm Incorporated, Intel, MediaTek, Supermicro, NXP® Semiconductors, and Delta.
  • According to the latest report from market research firm TrendForce, the future of networking will integrate next-generation terrestrial networks with satellite communication.
  • In line with this trend, COMPUTEX 2024 has chosen "Connecting AI" as its central theme, showcasing six major themes: AI Computing, Advanced Connectivity, Future Mobility, Immersive Reality, Sustainability, and Innovations.
  • For information on the latest events, please visit the official website of the Taiwan External Trade Development Council (TAITRA) at https://www.computextaipei2024.com.tw/en/index.aspx , Join us as we pioneer the future of AI and technology at COMPUTEX 2024!

OVHcloud Opens New Data Center and Invests $145 Million in the Toronto Area

Retrieved on: 
Wednesday, March 13, 2024

The new Toronto data center, like other global OVHcloud data centers, will be accessible to OVHcloud US customers and will deliver improved latency compared to the existing OVHcloud data center near Montreal and the OVHcloud US data center in Vint Hill, Virginia.

Key Points: 
  • The new Toronto data center, like other global OVHcloud data centers, will be accessible to OVHcloud US customers and will deliver improved latency compared to the existing OVHcloud data center near Montreal and the OVHcloud US data center in Vint Hill, Virginia.
  • This data center opening continues to showcase OVHcloud's momentum in the U.S. and North American markets.
  • Located in the Ascent TOR1 hyperscale development, this new data center has a surface area of 1,000 m2, a capacity of 10,000 servers and 2MW of power.
  • More than just a data center, it embodies the technological know-how that has earned OVHcloud its reputation for operational excellence and energy efficiency.

OVHcloud Opens New Data Centre and Invests $145 Million in the Toronto Area

Retrieved on: 
Wednesday, March 13, 2024

Located in the Ascent TOR1 hyperscale development, this new data centre has a surface area of 1,000 m2, a capacity of 10,000 servers and 2MW of power.

Key Points: 
  • Located in the Ascent TOR1 hyperscale development, this new data centre has a surface area of 1,000 m2, a capacity of 10,000 servers and 2MW of power.
  • More than just a data centre, it embodies the technological know-how that has earned OVHcloud its reputation for operational excellence and energy efficiency.
  • Guaranteeing enhanced resilience, thanks to a multi-site footprint, this new data centre is particularly well-suited to companies requiring a second, geographically-distant Canadian data centre to deploy their backup or disaster recovery solution.
  • The team of engineers kept a customer-first focus and worked seamlessly together to deliver this unique project that is at the forefront of data centre innovation.

Thinking about trading options or stock in Advanced Micro Devices, Super Micro Computer, UiPath, Amazon.com, or Micron Technology?

Retrieved on: 
Tuesday, March 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, SMCI, PATH, AMZN, and MU.

Key Points: 
  • NEW YORK, March 12, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, SMCI, PATH, AMZN, and MU.
  • Click a link below then choose between in-depth options trade idea report or a stock score report.
  • Options Report – Ideal trade ideas on up to seven different options trading strategies.
  • The report shows all vital aspects of each option trade idea for each stock.

Creating the Future: Conversational AI Innovator Paradox Promotes Industry Leader Adam Godson to CEO

Retrieved on: 
Monday, March 11, 2024

SCOTTSDALE, Ariz., March 11, 2024 /PRNewswire/ -- Paradox, the global leader in leveraging Conversational AI to transform how employers like McDonald's, Nestlé, CVS Health, General Motors, and Marriott International get hiring work done, today announced the promotion of President and Chief Product Officer Adam Godson to the role of Chief Executive Officer, with founder Aaron Matos moving into the Executive Chairman role.

Key Points: 
  • Adam is a great partner, and we share an obsession for transforming this industry — and our clients' organizations — for the better.
  • Paradox is also an SAP Endorsed partner , helping SAP clients globally transform their recruitment process with Conversational AI.
  • "It's an incredible privilege to follow Aaron as CEO and lead Paradox on our next phase of innovation and growth," said Godson.
  • "Paradox has built a company that's revolutionizing our industry," said Joe Shaker, President of Shaker Recruitment Marketing and long-time partner of Paradox.

Ocular Therapeutix™ Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, March 11, 2024

“Bringing together our dedicated, world-class team of acknowledged strategic and clinical experts has enabled us to position Ocular as a leader in retinal care.

Key Points: 
  • “Bringing together our dedicated, world-class team of acknowledged strategic and clinical experts has enabled us to position Ocular as a leader in retinal care.
  • Total net revenue was $14.8 million for the fourth quarter of 2023, a 5.0% increase over total net revenue of $14.1 million in the comparable period in 2022, driven by DEXTENZA sales.
  • General and administrative expenses were $8.0 million for the fourth quarter of 2023 versus $8.3 million in the comparable quarter of 2022, lower primarily due to a reduction of professional-related fees and other expenses.
  • Non-cash charges for stock-based compensation and depreciation and amortization were $5.3 million in the fourth quarter of 2023 versus $4.7 million for the comparable quarter in 2022.

HP Unveils Industry’s Largest Portfolio of AI PCs

Retrieved on: 
Thursday, March 7, 2024

LAS VEGAS, March 07, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today announced the industry’s largest portfolio of AI PCs1 leveraging the power of AI to enhance productivity, creativity, and user experiences in hybrid work settings.

Key Points: 
  • HP introduces the industry’s largest portfolio of AI PCs1, featuring new HP Elite PCs, the world’s most advanced business laptops for collaboration,2 and Z by HP mobile workstations to unlock new levels of productivity and creativity.
  • HP announces the AI Creation Center, the world’s most comprehensive workstation solution for AI development3, including Z by HP AI Studio co-engineered with NVIDIA NGC libraries, enabling AI creation.
  • HP now has the largest portfolio of Intel® and AMD-based AI PCs14, demonstrating a commitment to innovation and performance.
  • Accelerate data science capabilities with the HP AI Creation Center, including Z by HP AI Studio
    HP is accelerating the AI era with customized data science solutions.

EyePoint Pharmaceuticals Reports Fourth Quarter and Full-Year 2023 Financial Results and Highlights Recent Corporate Developments

Retrieved on: 
Thursday, March 7, 2024

ET –

Key Points: 
  • ET –
    WATERTOWN, Mass., March 07, 2024 (GLOBE NEWSWIRE) -- EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a company committed to developing and commercializing therapeutics to improve the lives of patients with serious retinal diseases, today announced financial results for the fourth quarter and year ended December 31, 2023, and highlighted recent corporate developments.
  • “2023 was an exceptional year of execution and results for EyePoint Pharmaceuticals.
  • Review of Results for the Fourth Quarter Ended December 31, 2023
    For the quarter ended December 31, 2023, total net revenue was $14.0 million compared to $10.5 million for the quarter ended December 31, 2022.
  • ET to discuss the results for the fourth quarter and year ended December 31, 2023 and recent corporate developments.

YieldMax™ ETFs Announces Monthly Distributions on NVDY (101.70%), CONY (74.88%), AIYY (70.25%), AMDY (69.08%), MRNY (66.96%) and Others

Retrieved on: 
Tuesday, March 5, 2024

The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs.
  • Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero.
  • If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.