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Tech It Up Today

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  The AI Race Is Getting More Expensive: Inside the Global Battle for Chips, Compute and Capital Artificial intelligence is no longer just a race to build the smartest model. It is becoming a race for chips, computing power, memory, data-centre capacity and capital — and the numbers involved are getting enormous. This week alone, Broadcom was reported to be negotiating more than $60 billion in debt financing for an AI chip deal, Samsung raised prices for some advanced chipmaking services by as much as 15% , and Micron announced a $10 billion investment in a new memory research laboratory. Together, the developments reveal something important about the next phase of the AI boom: the bottleneck may increasingly be infrastructure rather than ideas. AI is becoming a capital-intensive industry Building an advanced AI system requires far more than software engineers and training data. Companies need enormous quantities of advanced processors, high-bandwidth memory, networking e...

Lumentum (LITE) Is Up Over 800% in a Year. Is This AI Winner Still Flying Under the Radar?

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Every market cycle has a few stocks that seem to come out of nowhere. One day they are sitting quietly on watchlists. The next, they are leading conversations across Wall Street, trading communities, and technology circles. Lumentum Holdings (NASDAQ: LITE) is one of those names. Over the past year, the stock has delivered a stunning gain of more than 800%, turning heads across the U.S. market. That kind of move naturally raises a question investors love to ask: Did we miss it, or is there still more to the story? At Yong Social, we pay close attention to companies benefiting from major technology shifts. Lumentum sits right in the middle of one of the biggest trends shaping the future of business and technology today. Artificial intelligence. What Exactly Does Lumentum Do? Lumentum is not a household name like Nvidia, Apple, or Microsoft. Most consumers have never heard of it. Yet many of the technologies people use every day depend on the type of products Lumentum makes. The company ...

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