Micron Technology reported mixed Q1 earnings, exceeding EPS expectations but falling short on revenue. Q2 guidance was significantly below estimates, leading to a sharp 17.7% drop in share price. Analysts lowered price targets, though some maintain a positive outlook. The company anticipates a return to growth in the second half of the fiscal year, driven by AI.
NVIDIA CEO Jensen Huang will unveil the next-gen GeForce RTX 50 series GPUs at CES 2025. The event will showcase new “Blackwell” architecture cards, advancements in ray tracing and DLSS, and NVIDIA’s contributions to AI and accelerated computing across various industries, including a new Arm-based AI PC processor developed with MediaTek. Gamers eagerly await the launch, with GPU shipments having dropped in Q3 2024 due to anticipation.
Meta’s Ray-Ban smart glasses receive a major v11 update, adding real-time visual AI and translation capabilities. Initially available for early access users, the update will eventually reach all owners. This hands-free AI assistant can translate Spanish, French, and Italian, and includes Shazam integration. The update streamlines interactions, enhancing the already impressive photo and video capabilities of the glasses.
Salesforce’s Agentforce 2.0, launching in February 2025, receives overwhelmingly positive analyst reviews. The AI-powered platform, integrating with Slack, shows significant deal growth and enhances Salesforce’s offerings. Analysts predict substantial revenue growth and increased market share, leading to positive stock price movement.
Microsoft CEO Satya Nadella highlighted AI’s transformative impact across sectors in 2024, with Elon Musk agreeing. Nadella cited examples in cancer research, aquafarming, and education. While Nvidia’s success reflects the AI boom, predictions for 2025 suggest potential market shifts. IDC forecasts $337 billion in global AI spending by 2025.
Wedbush Securities analyst Dan Ives raised his Tesla price target to $515, anticipating a ‘game-changer’ effect from a Trump presidency on Tesla’s AI and autonomous driving initiatives. Ives projects a potential $2 trillion market cap for Tesla by 2025, driven by autonomous vehicle advancements. However, this prediction is partially contingent on potential policy changes, including abolishing the EV tax credit.
SCRY combats PS5 overheating issues with its new line of AI-powered coolers: Artic, Artic S, and Artic Pro. These coolers use a Smart Thermal AI chip for real-time temperature control, reducing temperatures by up to 10°C and featuring a plug-and-play design with a built-in USB 3.1 port. Priced competitively at $39, they offer a stylish and efficient solution to a common problem.
Tesla’s Optimus robot is learning to walk, and its somewhat clumsy attempts have sparked a viral debate. A video showing Optimus stumbling while navigating an uneven surface has elicited humorous and concerned responses online, highlighting anxieties about advanced robotics and their potential impact. The incident underscores the need for responsible AI development and ethical considerations.
Apple’s iOS 18.2 significantly expands upon the Apple Intelligence features introduced in iOS 18.1, offering a suite of AI-powered tools for enhanced productivity and creativity. From intelligent photo searching and movie creation to AI-powered writing assistance and a vastly improved Siri, this update is a major leap forward.
Broadcom’s stock price surged after its Q4 earnings report, driven by CEO Hock Tan’s bullish outlook on the artificial intelligence market. The company projects a massive AI-related market opportunity and anticipates significant revenue growth, fueled by contracts with major hyperscalers. This surge comes despite slightly missed revenue expectations.
