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Nvidia Earnings: A Major Test For AI Demand And The Market Rally — Reuters

Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The company has been the biggest beneficiary of the rise of generative AI apps, virtually all of which are powered by its graphics processors. AI is really the last pillar of growth and everybody is depending on it. If Nvidia shows weakness, we could be in for quite a substantial correction in the market.

Will Apple's iPhone 15 Launch And AI Innovations Spark New Uptrend? — Marketbeat

Apple's iPhone 15 launch is expected in September; analysts have a "moderate buy" rating ahead of the release. The company has been incorporating machine learning into its products and is developing an AI-powered chatbot internally. After the fiscal third-quarter report, four analysts boosted their price targets on the stock, while three lowered their targets. More in the article.

The Most Undervalued AI Chip Stocks To Buy Now — Investorplace

If you missed out on the Nvidia action, fear not: there are still undervalued AI stocks to buy. Nvidia doesn’t fabricate its own chips, the companies that do are receiving numerous subsidies to help them along the way. As the AI boom continues to increase demand for these chips, the companies building them may soon skyrocket as well, taking advantage of their new production facilities.

YouTube To Compensate Artists And Rightsholders For AI Music — TechCrunch

YouTube announced today how it plans to approach the impact AI technology is having on the music industry with regard to its video hosting platform and its existing partnerships across the music industry, including with artists, labels and other rightsholders. While the company is bullish on AI’s potential to “enhance music’s unique creative expression,” it also says it needs to ensure the integrity of artists’ work is protected.

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