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AI Is Key Factor for Chip Stocks Looking to Extend Record Highs

(Bloomberg) With the blistering chip rally having already driven many stocks to record highs ahead of a full-fledged demand recovery, proving success in artificial intelligence may determine which ones push even higher and which fizzle out.Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneS&P 500 Has Its Worst Fed-Decision Day Since March: Markets WrapByron Allen’s Latest Tak

AI Is Key Factor for Chip Stocks Looking to Extend Record Highs

AI Is Key Factor for Chip Stocks Looking to Extend Record Highs
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

AI boom fuels 487% stock surge for South Korean family

The company’s recent boom has also helped boost the value of stakes held by Chairman Kim Sang-Beom and his family to more than $800 million as of August 3.

AI Boom Fuels 487% Stock Surge for South Korean Family

(Bloomberg) As investor interest in artificial intelligence sends shares of technology giants soaring, a little-known circuit board maker in South Korea is cashing in big.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’China Official’s Call to Save Xi’s City Angers Flood VictimsApple Surprises in China, Sets India High During Sales SlumpIsu Petas

AI boom fuels 487 percent stock surge for South Korean family

As investor interest in artificial intelligence (AI) sends shares of technology giants soaring, a little-known circuit board maker in South Korea is cashing in big. Isu Petasys Co., which counts Alphabet Inc., Nvidia Corp. and Microsoft Corp. as customers of its multilayered boards, has seen its share price surge 487…

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