Cloud revenue growth above 40% indicates strong GPU demand across AI and data-center sectors

Recent reports indicate that cloud revenue growth has exceeded 40%, a development that underscores the increasing demand for GPUs, particularly in the AI and data-center sectors. This growth is pivotal for companies like NVIDIA and AMD, whose financial health heavily relies on the expanding cloud and data-center markets. NVIDIA’s substantialContinue Reading

Momentum for Clarity Act fades as Senate shelves crypto market structure bill until fall

The Digital Asset Market Clarity Act, the most ambitious attempt at comprehensive crypto regulation in US history, is losing steam at exactly the wrong time. Senate Majority Leader John Thune has effectively shelved the bill until after the August recess, prioritizing nominations and Russia sanctions over what was supposed toContinue Reading