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Short Week, Busy Week

Posted May 29, 2023

Ray Blanco

By Ray Blanco

Short Week, Busy Week

Happy Memorial Day!

We’re doing our best to enjoy the long holiday weekend at Technology Profits Daily, but I needed to share what’s got my attention going into this short week…

Without question, Nvidia (NASDAQ: NVDA) is front and center.

With a record day on Thursday following their impressive earnings call, the chip company is now within a breath of joining the $1 trillion club.

Nvidia execs credit the AI boom almost exclusively.

Their powerful processors are uniquely designed to power this new technology revolution, and they’re capitalizing in a big way.

Competing chip manufacturer, Advanced Micro Devices (NASDAQ: AMD), also saw a huge boost, suggesting that the Midas Touch belongs to artificial intelligence right now.

How far up can the trend drive the market?

We may not have even seen the beginning.

Also catching my attention is a potential shakeup in EV’s.

Tesla is offering their charging tech to Ford for use with their EV’s.

Competitors sharing tech is a surprising development, and one that could speed up the development of the infrastructure needed to make mass EV adoption possible.

Here’s what I’ve got my eye on this week…

tpd-1-nvidia

How AI Is Catapulting Nvidia Toward the $1 Trillion Club

Company’s chips are leaders in processing the complex calculations driving latest internet revolution. Read more…

tpd-2-usa-china

Pressure Mounts for U.S. Response After China’s Micron Ban

High-level talks are held to repairs ties between the two countries. Read more…

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Microsoft leaps into the AI regulation debate, calling for a new US agency and executive order

Microsoft joined the debate on the regulation of artificial intelligence, echoing calls for a federal agency to control development and restrictions on how the US government uses AI tools. Read more…

tpd-4-charger

Ford EVs will use Tesla charging tech in surprise partnership between rival automakers

Under the agreement current Ford owners will be granted access to more than 12,000 Tesla Superchargers across the U.S. and Canada, starting early next year. Read more…

tpd-5-battery

Hyundai Motor, LG Plan $4.3 Billion EV Battery Plant in US

Production of batteries will start as early as the end of 2025. Read more…

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