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Super Micro Computer 's stock soared more than 30% on Nov. 19 after it appointed a new independent auditor and submitted a compliance plan to Nasdaq to avoid a potential delisting. Those announcements addressed its two pressing issues: the departure of its auditor Ernst & Young in October, and a delayed filing for its 10-K report, which could cause its stock to be delisted. But even after that rally, Supermicro's stock remains 76% below its all-time high from this March. The server maker's shares are still being weighed down by concerns about its sliding gross margins, competition from bigger server makers like Dell Technologies and Hewlett Packard Enterprise , and troubling allegations of inflated revenues from a prolific short seller. Its delayed annual report and loss of Ernst & Young seemed to support that bearish thesis, and the Department of Justice (DOJ) is reportedly getting ready to probe Supermicro's business. Supermicro's stock looks dirt cheap at 8 times forward earnings , but it will likely trade at that discount until it fully resolves its accounting and regulatory issues. So instead of betting on Supermicro's long-shot turnaround, investors would probably be better off sticking with these two millionaire-maker blue chip AI stocks instead: Microsoft ( MSFT 1.00% ) and Broadcom ( AVGO 0.18% ) . The AI software leader: Microsoft Microsoft generated a total return of more than 900% over the past decade. That rally, which was mainly driven by the explosive growth of its cloud business, would have turned a $100,000 investment into more than $1 million. Microsoft turned into a growth stock again after Satya Nadella, who became its CEO in 2014, drove the company to transform its desktop-based software into cloud-based services and mobile apps. It also turned Azure into the world's second-largest cloud infrastructure platform and expanded its hardware and gaming businesses. Over the past five years, Microsoft ramped up its investments in OpenAI, the creator of ChatGPT, and integrated the start-up's generative AI tools into its own search and cloud services. Thanks to that foresight, it tethered more businesses and consumers to its cloud ecosystem, and it gained a first-mover's advantage against Alphabet 's Google and other tech giants in the nascent generative AI market. In fiscal 2024 (which ended this June), Microsoft's AI-driven transformation boosted its total cloud revenues by 23% to $135 billion -- which represented 55% of its top line. From fiscal 2024 to fiscal 2027, analysts expect its revenue and earnings per share (EPS) to grow at a compound annual growth rate (CAGR) of 14% and 15%, respectively. Its stock still looks reasonably valued at 28 times next year's earnings, and it will likely remain a top play on the AI market for years to come. The AI chipmaking play: Broadcom Broadcom, which was known as Avago before it took over the original Broadcom in 2016, has generated a total return of 2,300% over the past 10 years. That rally would have turned a $50,000 investment into $1.2 million. Broadcom's semiconductor business sells a broad range of chips for the mobile, wireless, networking, data storage, and industrial markets. But over the past few years, it built a massive infrastructure software business by acquiring CA Technologies, Symantec's enterprise security division, and the cloud software giant VMware. Broadcom's chipmaking and software businesses are both growing. But over the past two years, its sales of networking and optical chips for the AI-oriented data center market skyrocketed as more companies upgraded their infrastructure. For fiscal 2024 (which ended in October), it expects its sales of AI-oriented chips to roughly triple to $12 billion, or nearly a quarter of its projected sales for the full year. That rapid growth should offset its slower sales of non-AI chips and infrastructure software, which are both more sensitive to macro headwinds. From fiscal 2024 to fiscal 2026, analysts expect Broadcom's revenue to grow at a CAGR of 15% as its EPS increases at a CAGR of 124%. That earnings growth should be driven by brisk sales of AI chips and the expansion of its higher-margin software business. Its stock might seem a bit pricey at 42 times forward earnings, but its track record of smart acquisitions, high exposure to the AI market, and robust growth could justify that higher valuation.
Will Israel bomb Iran — and 3 more questions for the world in 2025
The pressure is now on the new manager to turn things around and unleash the potential that lies within the team. With high expectations from both the board and the fans, the pressure is mounting for the manager to find the right balance between youth and experience, tactics and flair. The task of revitalizing a struggling team is never easy, but with the right approach and mindset, the new manager could yet turn things around for Manchester United.Britain’s POSHEST migrant hotel revealed as £150-a-night palatial manor house hosts migrants for three yearsAs fans eagerly await the release of "Black Myth: Wukong" and the limited edition cola featuring G.E.M., one thing is certain: this collaboration represents a powerful convergence of art, culture, and entertainment that is bound to resonate with audiences around the world. By embracing creativity, diversity, and storytelling, G.E.M., "Black Myth: Wukong," and the cola brand have successfully created a visual and cultural tapestry that captivates the imagination and leaves a lasting impression on all who encounter it.
As a father and a prominent figure in the public eye, Elon Musk faces the challenge of balancing his personal commitments with his professional responsibilities, while also being mindful of his son's aspirations and beliefs. The spotlight on their relationship underscores the importance of communication, understanding, and mutual respect in navigating familial dynamics in the public sphere.In fact, the French team's recent performances have shown that Mbappe's influence is not as dominant as it once was. The team's success in the 2018 World Cup, where they emerged victorious, was a collective effort that showcased the talent and skill of the entire squad, not just Mbappe. In the 2020 European Championships, the team also reached the final, further demonstrating that they are a force to be reckoned with on the international stage.
On this remarkable day, investors were greeted with a sea of green numbers as more than 5300 stocks showed gains in their prices. This widespread rally propelled the overall market sentiment to an optimistic level, with investors rushing to capitalize on the positive trend. A shares, which are stocks of mainland Chinese companies traded on the Shanghai and Shenzhen stock exchanges, experienced a robust surge, reflecting the buoyant mood in the market.As the situation in Syria continues to evolve, it remains to be seen how the international community will respond to Assad's decision and what impact it will have on the course of the conflict. The coming days and weeks are likely to be critical in determining the future direction of Syria and the prospects for lasting peace in the region.
Taiwan Semiconductor Manufacturing Company (TSMC) recently announced a significant milestone in its chip production process, revealing that the yield rate of its 2nm chips has exceeded 60%. This development has generated excitement within the industry, as it indicates that TSMC's cutting-edge technology is progressing smoothly towards mass production.Northwestern hopes hot streak continues vs. Northeastern
Recently, Google unveiled a groundbreaking achievement in the world of quantum computing with the launch of its latest quantum chip named "Willow." This quantum processor has managed to solve a significant problem that has perplexed scientists for over three decades—performing calculations that would have taken a classical supercomputer around 10 to the power of 25 years to complete, in just five minutes.CHENNAI: Nobody had any right to dictate how a woman should live; it is her life, her body, and her choice, said the Madras High Court, while hearing a batch of petitions in connection with the sexual assault of a student of Anna University . While the accused in the heinous crime is a roadside biryani vendor, the court said the people and society were responsible for victimising women, which was the root cause of sexual crimes. “It is never the fault of the woman; it has always been the society, which has dictated her life. She should rise above these societal stigmas and judgements,” said a vacation bench of Justices SM Subramaniam and V Lakshminarayanan on Saturday. Noting how the FIR was circulated, which is against the law, and the social media was conducting a trial blaming the survivor for being out with her friend, the bench said the society should feel ashamed for shaming a woman in this manner. “Societal stigma is paving ways for crimes against women, as the perpetrators find shelter in victim-blaming and shaming,” the court said. It wholeheartedly appreciated the courage of the survivor for coming forward to report the crime. "Unless victims come forward to report, the perpetrators will continue with committing such crimes," the judges noted. Terming the language used in the FIR as deplorable, the bench said, "The language employed in the FIR is shocking, as it is more a case of victim blaming. It is the duty of the police officials to assist the [survivor] by employing a language which does not infringe her right to dignity.” During the hearing, Advocate General (AG) PS Raman vehemently criticised the media for revealing the identity of the survivor. "Media also holds social responsibility. If the FIR leaked as claimed, the media should pull up the government for the lapse rather than publishing it,” he said, adding that action would be taken as per cyber rules against the 13 individuals who accessed the FIR from the web portal. On December 23, the accused, Gnanasekaran videographed the girl and her boyfriend at an isolated place inside the university campus. Using that, he threatened the girl saying he would release the video that would bring her shame. Later, he sexually assaulted her and captured that too on camera to blackmail her into meeting him whenever he called. However, the woman did not succumb to the threat and instead lodged a complaint. Also Read: TN Guv asks Anna University to ensure students' safety Also Read: Anna University sexual assault: NCW constitutes fact finding panel, team to visit Chennai Dec 30 Also Read: Anna University sexual assault: Madras HC asks govt to initiate action against Chennai police commissioner
OpenAI Sora, the latest creation from the renowned artificial intelligence research lab, OpenAI, has been the subject of intense speculation and hype leading up to its launch. Promising groundbreaking advancements in natural language processing and machine learning, Sora was poised to revolutionize the way we interact with AI technology.
The Willow quantum chip developed by Google leverages these unique properties of quantum mechanics to achieve unprecedented computational power. By utilizing a network of qubits working in concert, Willow is able to perform calculations at a scale that surpasses the capabilities of even the most powerful classical supercomputers.Huang Yaqiong's story is a testament to the power of perseverance, positive thinking, and gratitude. Her unwavering commitment to excellence serves as a model for all of us to follow in our own pursuits, whether they be in sports, academics, career, or personal life.As we approach the end of the year, China Life Insurance's achievements serve as a testament to its unwavering commitment to excellence, integrity, and service excellence in the insurance industry. With a clear vision, robust capabilities, and a talented team, the company is poised for continued success and growth in the dynamic and competitive insurance market.
Guam native Jewel Amber Maigue a rising star at Naval Academy
What caught the attention of fans and gamers alike, however, was the presence of a traditional Chinese gourd hanging from G.E.M.'s waist in one of the photos. The gourd, known as the "Calabash of the Eight Trigrams," is a symbol often associated with Taoist practices and mystical powers in Chinese folklore. Its unexpected inclusion in the collaboration photos added a layer of intrigue and cultural depth to the promotional campaign.One possible reason for this counterintuitive move is the desire to attract new deposits and strengthen customer loyalty. By offering higher interest rates, these banks are hoping to differentiate themselves from their competitors and win over customers who are seeking better returns on their savings. This could be particularly appealing to more conservative savers who prioritize the safety and stability of their deposits.
Rosen Law Firm Encourages Franklin Resources, Inc. Investors to Inquire About Securities Class Action Investigation - BENIn addition to Manchester City, Shearer identified three other teams as genuine contenders for the Premier League title. Liverpool, Chelsea, and Manchester United were all highlighted for their strong performances and potential to challenge for the crown. With each team boasting a talented squad and experienced managers, the title race is shaping up to be one of the most competitive in recent years.