Wedbush Securities

AI boom reshapes Wall Street as TSMC joins trillion-dollar club

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AI boom reshapes Wall Street as TSMC joins trillion-dollar club

The top 10 of the world’s most valuable companies is headed by Microsoft and Apple, closely followed by AI chip designer Nvidia. Their global stock market valuations exceed three trillion dollars on Wall Street. Alphabet and Amazon, which recently topped the two trillion dollar mark, follow in an ever-changing ranking. Visitors watch an exhibit at … Read more

Apple’s AI strategy at WWDC likely to focus on iPhone, but privacy is a challenge

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Apple’s AI strategy at WWDC likely to focus on iPhone, but privacy is a challenge

Rivals Microsoft and Google have meanwhile rolled out products in rapid-fire succession, propelling Microsoft and the AI chip maker Nvidia to surpass Apple as the world’s biggest companies when measured by stock price. Apple’s share price has been on a roller-coaster ride since the spark of the AI frenzy, but believers see Monday’s announcements as … Read more