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Asics

All articles tagged with #asics

Broadcom's AI-Driven Surge Targets a $2 Trillion Valuation by 2026
technology29 days ago

Broadcom's AI-Driven Surge Targets a $2 Trillion Valuation by 2026

Broadcom’s AI-driven data-center demand propelled it into the $1 trillion club and the company is positioned to push toward a $2 trillion market cap by the end of 2026, supported by a robust backlog, a record Q4 revenue of $18B with EPS of $1.74, and optimistic 2026 guidance of about $96.8B in revenue and $10.29 in EPS. With a forward multiple around 32x and ongoing ASIC-based AI hardware advantages (enhanced by OpenAI collaboration), the stock could rise roughly 36% to about $450 by year-end 2026, though valuations may face some multiple contraction amid lofty expectations.

Marvell Technology Set for Post-Dec. 3 Surge Amid Strong AI Demand
finance1 year ago

Marvell Technology Set for Post-Dec. 3 Surge Amid Strong AI Demand

Marvell Technology, a designer of custom AI chips, is expected to see its stock price surge following its fiscal 2025 Q3 results on Dec. 3, driven by strong demand for AI-specific ASICs. Despite Nvidia's dominance in the AI chip market, Marvell's lower valuation and rapid growth potential make it an attractive investment. The AI-specific ASIC market is projected to grow significantly, benefiting companies like Marvell.

"Preparing for the Unique Impact of Bitcoin's Upcoming Halving"
cryptocurrency1 year ago

"Preparing for the Unique Impact of Bitcoin's Upcoming Halving"

As the bitcoin halving approaches, mining companies like Core Scientific are preparing for potential opportunities by seeking out discounted mining hardware from marginally profitable miners. The halving, expected to reduce mining rewards to 3.125 bitcoin per block, is driving a demand for modernized, efficient mining hardware. Core Scientific plans to capitalize on this by refreshing its machines post-halving and remains optimistic about weathering the event to continue its growth.

"2024 L.A. Marathon: Live Stream, Road Closures, and Bus Detours Guide"
sports1 year ago

"2024 L.A. Marathon: Live Stream, Road Closures, and Bus Detours Guide"

Kenyan athletes swept the elite races of the 2024 Los Angeles Marathon presented by ASICS, with Dominic Ngeno winning the men’s elite race in 2:11:01 and Stacy Ndiwa winning the women’s race in 2:25:29. More than 25,000 runners and wheelchair athletes participated in the marathon, which traversed through iconic landmarks in L.A. and supported The McCourt Foundation’s mission to find a cure for neurological diseases.

"Massive Savings on Asics Running Shoes: Cyber Monday Deals Up to 80% Off!"
deals2 years ago

"Massive Savings on Asics Running Shoes: Cyber Monday Deals Up to 80% Off!"

Target is offering impressive Cyber Monday deals on Asics running gear, with discounts of up to 80%. Some notable deals include the Asics The New Strong sports bra for $10 (originally $50) and the Asics Actibreeze training jacket with a $71 discount. Target is also running more deals on Asics fitness gear. Asics is known for its quality design, breathability, and comfort. The discounts at Target can save you over 60% on select apparel.

Intel Abandons Bitcoin Mining Chip Production After One Year
cryptocurrency2 years ago

Intel Abandons Bitcoin Mining Chip Production After One Year

Intel has discontinued its Blockscale series of ASICs designed for energy-efficient blockchain hashing, including bitcoin mining, just a year after its announcement. The company has no immediate plans to introduce any upgrades or replacements, but will continue to support companies that have already purchased Blockscale chips. The project came from Intel's Custom Compute Group, which was folded into Intel's existing client computing and data center teams in December. Intel cited a focus on its foundry business and IDF 2.0 strategy as reasons for discontinuing the Blockscale chips.

Intel Abandons Bitcoin Mining Chip Production
business2 years ago

Intel Abandons Bitcoin Mining Chip Production

Intel will stop taking orders for its Blockscale Bitcoin mining chips by Oct. 20 and end shipping by April 2024 as part of cost-cutting efforts. The move is aimed at prioritizing the manufacturing of certain chips to outside customers. Intel CEO Pat Gelsinger reportedly took a 25% pay cut in February, with the company projecting annual cost reductions of up to $10 billion due to cost-cutting initiatives and efficiency gains by 2026.