MSFT May 2024 300.000 put
| Previous close | 0.0400 |
| Open | 0.0300 |
| Bid | 0.0000 |
| Ask | 0.0200 |
| Strike | 300.00 |
| Expiry date | 2024-05-31 |
| Day's range | 0.0300 - 0.0400 |
| Contract range | N/A |
| Volume | |
| Open interest | 33 |
Yahoo FinanceWhat Nvidia says about AI chip demand could matter for more than just the tech trade
Other sectors have rallied on AI demand, raising the stakes for the chipmaker's latest quarterly update.
- Yahoo Finance Video
How Qualcomm is cementing its spot in the AI race
Qualcomm (QCOM) is set to power Microsoft's (MSFT) next generation of Windows PCs with its artificial intelligence chips. Qualcomm COO and CFO Akash Palkhiwala joins Market Domination Overtime to break down the company's latest AI moves. Palkhiwala explains that the Snapdragon X Elite chips will have three key new areas: "best-in-class" processing, long battery life, and an "incredible set of AI experiences." Qualcomm announced more than 20 devices that will be enabled by the chip, which will be available soon for consumers to purchase. "We're uniquely positioned to be the primary beneficiary of that growth in AI PCs, and we have a chip that significantly out-contributes any of our competitors," Palkhiwala says. He adds that as the market transitions, Qualcomm has an "opportunity to be a leader," and explains that it is "the beginning of a new chapter." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
Investor's Business DailyMagnificent Seven Stocks: Nvidia Stock Reverses Higher, Tesla Rallies; Microsoft Hits Buy Point
Nvidia stock slipped Tuesday, holding just above its latest buy point, while Tesla rallied. Microsoft hit a new buy point.
