AI Bias Analysis
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Broadcom said it agreed to produce future versions of Google artificial intelligence chips, and announced an expanded deal with Anthropic.
Source
CNBC
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Trump renewed threat to target Iran's civilian infrastructure if a peace deal is not reached in less than 24 hours, while signaling Iranian leadership is negotiating in earnest.
Expanded chip agreements “put the spotlight back on Broadcom as a major winner” and could pave the way for earnings upside, analysts say.
Rapid adoption of artificial intelligence has many in Silicon Valley reeling from news of layoffs. Engineers in China appear to be more insulated.
China’s resilience to the economic impact of the Iran war and a burgeoning domestic recovery offer the potential for the yuan to break out of a seasonal pattern for losses in the second quarter.