The abrupt resignation of Nvidia CEO Jensen Huang raises questions about the strategic direction of the world’s most important chipmaker and opens the door to competitors at a pivotal moment for the growing artificial intelligence business, according to technology industry experts. “He has really created the AI revolution,” Yorkville Ives and Co. tech analyst Dan Ives told…
Financial markets slumped on Friday as investors bailed on technology stocks amid concerns that companies exposed to artificial intelligence are starting to wobble. The tech-heavy Nasdaq Composite tumbled 573 points, or 2.1%, to end at 26,140, closing out its worst week since June. The broader S&P 500 and blue-chip Dow Industrial Average sank 1.1% and…
Pennsylvania Rep. Rob Bresnahan is promoting a bill to give data center-wary municipalities greater control over whether the facilities can be built, a message featured in a new television ad the Republican congressman is running in the Scranton and Wilkes-Barre area. But in the past, Bresnahan has taken an overtly friendly stance toward data centers,…
