Latest news with #NasdaqGS
Yahoo
12 hours ago
- Business
- Yahoo
AI Chips Update - DEEPX Partners With Baidu To Propel AI Innovation
DEEPX has entered a strategic partnership with Baidu to advance the global adoption of on-device AI solutions in industries such as drones, robotics, and optical character recognition (OCR). This collaboration centers on integrating DEEPX's low-power AI semiconductor technology with Baidu's open-source deep learning framework, PaddlePaddle, through which they will co-develop and promote AI models across varied applications. Baidu's PaddlePaddle, a key AI platform in China, is notable for its comprehensive toolset that spans from AI model development to deployment, supporting a wide array of industries. DEEPX's AI chips, starting with the DX-M1, have already demonstrated high efficiency and performance with Baidu's models, and plans are underway to further integrate and commercialize AI technologies within the robotics and drone sectors. The partnership aims to enhance the practical applicability of AI models and expand their reach to more companies globally. In other trading, was a notable mover up 6.3% and closing at $118.89. Meanwhile, trailed, down 6.6% to end the day at $61.87. Micron Technology's strategic pivot to high-margin memory products is driving robust growth opportunities amidst strong AI demand. Click here to explore the full narrative on how this positions Micron for potential gains. Don't miss our previous Market Insights article on AI Chips, where we explored agentic AI's dual impact on productivity and employment. Best AI Chip Stocks ended the day at $182.70 up 1.1%, close to the 52-week high. finished trading at €616.90 up 1%. finished trading at $172.76 up 0.2%. Make It Happen Access the full spectrum of 55 AI Chip Stocks including QUALCOMM, Semiconductor Manufacturing International and Waaree Energies by clicking on this link. Contemplating Other Strategies? We've found 21 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "DEEPX and Baidu Form AI Ecosystem Partnership to Accelerate Global On-Device AI Projects in Drones, Robotics, and OCR" from DEEPX on GlobeNewswire (published 11 August 2025) Companies discussed in this article include NasdaqGS:MU NasdaqGS:NVDA ENXTAM:ASML NasdaqGS:AMD and NasdaqGS:MCHP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Business Wire
3 days ago
- Business
- Business Wire
TEMPUS AI 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Tempus AI, Inc.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)-- Kahn Swick & Foti, LLC ('KSF') and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until to file lead plaintiff applications in a securities class action lawsuit against Tempus AI, Inc. (NasdaqGS: TEM), if they purchased the Company's shares between August 6, 2024 and May 27, 2025, inclusive (the 'Class Period'). This action is pending in the United States District Court for the Northern District of Illinois. What You May Do If you purchased shares of Tempus and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ( or visit to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by August 12, 2025. About the Lawsuit Tempus and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. On May 28, 2025, Spruce Point Capital Management, LLC reported numerous issues with the Company's management, operations and financial reporting, including that: (i) Tempus CEO Eric Lefkofsky and his associates have a history cashing out of companies before public shareholders incur losses or lackluster returns; (ii) Tempus' actual AI capabilities are overstated; (iii) board members and other executives have been associated with troubled companies with restated financial results; (iv) signs of aggressive accounting and financial reporting are present; (v) there are issues with the AstraZeneca and Pathos AI deal that merit scrutiny; and (vi) the Company's recent financial guidance revision reveals weakness in core operations. On this news, the price of Tempus' shares fell $12.67 per share, or 19.23%, from a closing price of $65.87 per share on May 27, 2025, to a closing price of $53.20 per share on May 28, 2025. The case is Shouse v. Tempus AI. Inc., et al., No. 25-cv-06534. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit
Business Wire
4 days ago
- Business
- Business Wire
Y-MABS THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Y-mAbs Therapeutics, Inc.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of Y-mAbs Therapeutics, Inc. (NasdaqGS: YMAB) to SERB Pharmaceuticals. Under the terms of the proposed transaction, shareholders of Y-mAbs will receive $8.60 in cash for each share of Y-mAbs that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. Please note that the transaction is structured as a tender offer, such that time may be of the essence. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit Kahn Swick & Foti, LLC 1100 Poydras St., Suite 960 New Orleans, LA 70163
Business Wire
4 days ago
- Business
- Business Wire
AMERICAN WOODMARK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of American Woodmark Corporation
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of American Woodmark Corporation (NasdaqGS: AMWD) to MasterBrand, Inc. (NYSE: MBC). Under the terms of the proposed transaction, shareholders of American Woodmark will receive 5.150 shares of MasterBrand for each share of American Woodmark that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit
Korea Herald
6 days ago
- Business
- Korea Herald
Silicon Motion Showcases MonTitan™ SM8366 in Core to Edge AI Server Applications at FMS 2025
Company Also Demonstrates Full Spectrum of AI Storage Solutions for PCs, Gaming, Edge, Robotics, and Automotive TAIPEI and MILPITAS, Calif., Aug. 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced it will showcase its MonTitan™ SM8366 PCIe Gen5 SSD controller solutions, demonstrated using the VAST Data Ceres V2 AI Storage platform and Aetina NVIDIA MGX™ server, at FMS (the Future of Memory and Storage) 2025 in Santa Clara, California, taking place August 5–7 in at booth #315. MonTitan™, together with other advanced storage solutions optimized for AI applications, underscores Silicon Motion's commitment to delivering next-generation scalability and performance for data-intensive workloads Silicon Motion is collaborating with Unigen to demonstrate its Cheetah High Capacity 128TB QLC E1.L SSD and Cheetah 3.2TB SLC U.2 SSD powered by Silicon Motion's SM8366 to showcase an efficient and cost-effective storage solution by using VAST Data Ceres V2 Dbox platform. By leveraging NVIDIA BlueField-3 DPUs to accelerate networking and compute combined with its compact 1U form factor, CERES V2 delivers exceptional density for mission-critical AI deployments that demand scalability and throughput. "We are pleased to work with Silicon Motion's MonTitan™ based SSDs that support the Ceres V2 architecture to meet the performance and density demands of AI and data-intensive workloads," said Avery Pham, VP of Strategic Operations, at VAST Data. "VAST is a Software Data platform utilizing bleeding edge hardware to enable software solutions. This demo illustrates how integrating powerful SSD technology with a disaggregated storage architecture like Ceres2 can help enterprises scale AI infrastructure more efficiently and intelligently." Silicon Motion has also teamed up with Innodisk 5TS-P on an 8TB E1.S MonTitan™ based SSD by using Aetina's AEX-2UAI, high performance, short-depth edge server built on NVIDIA's MGX™ module design. This edge server brings powerful AI computing capabilities to edge environments and is particularly suitable for use cases demanding high performance in space-constrained settings. "The integration of MonTitan™ based 5TS-P SSDs into our AEX-2UAI edge server reflects a shared vision to support powerful AI computing in compact, real-world deployments," said CC Wu, GM of Embedded Flash Division at Innodisk. "By combining high-density flash storage with MGX-based computing, we're expediting edge AI systems to perform faster and smarter in space optimized environments." "Our MonTitan™ platform is purpose-built to address the extreme demands of AI server storage," said Alex Chou, Senior Vice President of Enterprise Storage and Display Interface Solutions Business at Silicon Motion. "Our collaborations with customers and module maker partners highlight our ability to deliver leading AI SSD solutions. We are thrilled to be part of the Core to Edge AI Ecosystems with VAST Data, Aetina and our other partners to deliver storage solutions that meet the ultra-high capacity and performance requirements of the next generation of AI applications for data centers and enterprise storage." In addition to the AI server storage demo, Silicon Motion will highlight its broad portfolio of storage solutions designed for a wide range of AI-driven applications—from all-in-one Edge AI and AI PCs to gaming consoles, smartphones, robotics, and automotive systems. This includes PCIe Gen5 SSD, USB4, SD Express, UFS, and eMMC controllers, along with Ferri embedded storage, underscoring the company's expertise in delivering scalable, high-efficiency storage across diverse AI platforms. Silicon Motion representatives will also be presenting at FMS keynotes and forums. For further information, please visit: About Silicon Motion: We are the global leader in supplying NAND flash controllers for solid state storage devices. We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications. We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions. Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs. For further information on Silicon Motion, visit us at
