It's a good time to invest in the fast-growing artificial intelligence (AI) industry. The market for AI is expected to surpass $184 billion this year, and forecast to reach more than $826 billion by 2030. Among AI tech stocks, semiconductor firms Broadcom ( AVGO 0.18% ) and Advanced Micro Devices ( AMD 0.63% ) are two to consider investing in. The AI industry's growth has led to outsized sales for both as customers flocked to their offerings. But if you had to choose between them, is one a better AI stock than the other? Let's compare Broadcom and AMD to help you decide which is the better AI investment for the long run. Broadcom's strategic AI acquisition Broadcom is basking in the AI fervor, as sales expanded 47% year over year to $13.1 billion in its fiscal third quarter, ended Aug. 4. That's an impressive increase, but 43% of the growth came from its acquisition of VMware, which closed last November. VMware is famous for its virtualization software, which allows IT organizations to run multiple operating systems on a single server. But its private AI technology looks like a key strategic factor behind Broadcom's acquisition. Private AI shields a firm's data from access by any AI system except those designated by the business. This is important because AI tech requires mountains of data, which is taken from various sources, including from businesses that have stored data in the cloud . Broadcom believes some companies don't want their data shared with other businesses through AI, whether to protect intellectual property or to comply with legal requirements. Broadcom's private AI offering is built on the VMware Cloud Foundation (VCF) platform. VCF represented more than 80% of the VMware products booked in Q3. This illustrates strong customer demand for VCF and its ability to establish a private AI for businesses. Broadcom also generates AI-related sales from an array of semiconductor products, including those for the computer networking, storage, and broadband industries. Its semiconductor solutions division contributed $7.3 billion of its $13.1 billion in Q3 revenue, a 5% year-over-year increase. AMD's approach to AI AMD's strategy to capture AI market share is for its semiconductor products to concentrate on accelerated computing. This computing architecture processes data-intensive work separately from other computer tasks handled by a traditional CPU. Doing so allows complex software applications, such as AI, to operate faster and more efficiently. AMD's focus on accelerated computing has been the key to its success in the AI era. Big tech customers, such as Facebook parent Meta Platforms , are flocking to its products. For example, Meta purchased 1.5 million units of AMD's EPYC computer processor for its cloud computing servers, which house AI systems. This customer demand resulted in 18% year-over-year revenue growth to $6.8 billion in AMD's fiscal third quarter, ended Sept. 28. Moreover, the company expects sales to accelerate in Q4, reaching about $7.5 billion, a 22% year-over-year increase. AMD's sales success has led to strong financials across the board. Its Q3 gross margin rose to 50% from 47% last year. This helped Q3 net income hit $771 million, a 158% jump up from the prior year. This, in turn, enabled diluted earnings per share (EPS) to increase to $0.47, a 161% year-over-year increase. Deciding between Broadcom and AMD stock Both Broadcom and AMD possess AI strategies with the ability to capitalize on the growing AI market over the long term. This makes choosing only one of these AI stocks a challenge. So which wins? One factor in Broadcom's favor is that it offers a dividend, while AMD does not. Broadcom's forward dividend yield is a solid 1.3% at the time of this writing. However, excessive debt can put the dividend at risk. At the end of its fiscal Q3, Broadcom shouldered nearly $70 billion in debt. This resulted in more than $1 billion in Q3 interest payments, contributing to its net loss of $1.9 billion in the quarter. Meanwhile, AMD's debt at the end of its fiscal Q3 was a manageable $1.7 billion. With its Q3 cash and equivalents of $3.9 billion, AMD's net debt was effectively zero. Another consideration is the price-to-earnings ratio ( P/E ratio ) for each company. This metric is a way to assess the relative value of a stock by telling you how much investors are willing to pay for every dollar of earnings. Data by YCharts . AMD's P/E multiple was far higher than Broadcom's earlier in 2024, but has come down recently. It's below Broadcom's at the time of this writing, suggesting AMD shares are now the better value. Given these factors, as well as its success in the area of accelerated computing, right now AMD is the better AI stock to invest in the secular trend of artificial intelligence.
Nightmare for Putin as Russia now 'losing its grip' on European neighbour
Kate Hudson bares skin for Thanksgiving festivitiesDonald Trump has threatened to seize the Panama Canal, revived calls to buy Greenland and joked about annexing Canada -- leaving the world guessing once again whether he is serious or not. By challenging the sovereignty of some of Washington's closest allies four weeks before he even returns to the Oval Office, the US-president elect has underscored his credentials as global disruptor-in-chief. His comments have renewed fears from his first term that Trump will end up being harsher on US friends than he is on adversaries like Russia and China. But there are also suspicions that billionaire tycoon Trump is looking for leverage as part of the "art of the deal" -- and that the former reality television star is grabbing headlines to look strong at home and abroad. "It's hard to tell how much of this he really wants, and how much is the latest soundbite that will be heard around the world," said Frank Sesno, a professor at George Washington University and former White House correspondent. "He puts other leaders in position of having to figure out what is literal and what is not," he told AFP. The idea of buying Greenland is not a new one for Trump. He also raised the prospect of purchasing the vast strategic island, a Danish territory, during his first term in office. He revived his push over the weekend when naming his ambassador to Copenhagen, saying the "ownership and control of Greenland is an absolute necessity" for US national security. But he received the same answer this time as he did then, with Greenland's Prime Minister Mute Egede saying on Monday that the resource-rich island was "not for sale." Yet his most headline-grabbing remarks have been on Panama, as he slammed what he called unfair fees for US ships passing through and threatened to demand control of the Panama Canal be returned to Washington. Trump said on Sunday that if Panama did not agree "then we will demand that the Panama Canal be returned to the United States of America -- in full, quickly and without question." He also hinted at China's growing influence around the canal, which was built by the United States in 1914 to link the Atlantic and Pacific oceans. It was returned to Panama under a 1977 deal. Panama's President Jose Raul Mulino dismissed Trump's threats, saying that "every square meter" of the canal would remain in Panamanian hands. Trump responded on TruthSocial: "We'll see about that!" Trump also teased neighboring Canada last week that it would be a "great idea" to become the 51st US state -- but against a dark backdrop of threatened tariffs. Sesno said it was hard for other countries to know how to deal with Trump's comments. "Well, it's clearly a joke. Or is it? said Sesno. "Imagine if you're the President of Panama, how do you react to something like that? You can't ignore it and your country will not let you. So the ripple effect of these comments is extraordinary." Trump's harsh treatment of US allies also stands in stark contrast to his repeated praise for the leaders of US foes -- including Russia's Vladimir Putin, who invaded Ukraine in 2022 in a bid for a land-grab. But there is still likely to be method behind Trump's rhetoric. "Maybe the message is for China" when Trump talks about buying Greenland, said Stephanie Pezard, senior political scientist with the Rand Corporation. Just as Trump expressed concern about Beijing's influence in Panama, China's growing presence in the Arctic and its ties with Russia were "something that the US is really worried about," Pezard told AFP. But there could also be a signal to Denmark that 'If you're too friendly with China, you'll find us in your way" -- even though Denmark and Greenland had been "very good NATO allies." And perhaps Trump knows the reality. Any US plan to "buy" Greenland would be unfeasible "not just in international law but more broadly in the global order that the US has been trying to uphold," she said. dk/bgs
NFL NOTESWEC Energy's CEO Scott Lauber sells $677,998 in stockSecond Cup dumps Jewish General Hospital franchisee over video with 'hateful remarks' MONTREAL — Second Cup Canada is cutting ties with a franchisee operating at Montreal's Jewish General Hospital who was allegedly filmed making hateful and antisemitic comments during a protest in the city last week. Sidhartha Banerjee, The Canadian Press Nov 24, 2024 3:19 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message The Jewish General Hospital is seen in Montreal, Tuesday, Jan. 26, 2021. THE CANADIAN PRESS/Paul Chiasson MONTREAL — Second Cup Canada is cutting ties with a franchisee operating at Montreal's Jewish General Hospital who was allegedly filmed making hateful and antisemitic comments during a protest in the city last week. Second Cup Canada announced Saturday it was cutting ties with a franchisee for "making hateful remarks and gestures," and adding in a statement the actions breach the franchise agreement as well as inclusion and community values held by the chain. Peter Mammas, CEO of Montreal-based Foodtastic, which owns Second Cup Canada, said in an interview on Sunday that he was at the movies when his phone started pinging non-stop. He saw the videos and the company's operations staff spoke to employees that knew the woman, and they confirmed it was indeed the franchisee. Video shot during a pro-Palestinian demonstration outside of Concordia University's downtown Montreal campus Thursday shows a woman walking around, masked, saying the "final solution is coming your way" — wording used to describe a Nazi plan to eliminate Jews in Europe during the Second World War. Another video also shows what appears to be the same woman, unmasked, making a Nazi salute while walking away. "We're all for free speech and respectful conversations, but this wasn't that," Mammas said. "This was hate speech, and it was something that we thought could incite violence and we're completely against that, so we sat down with our team and decided to revoke the franchise agreement." Attempts to reach the franchisee were unsuccessful on Sunday. "Second Cup has zero tolerance for hate speech," the coffee chain said in a statement on X. "In co-ordination with the hospital, we've shut down the franchisee's café and are terminating their franchise agreement." Mammas said lawyers for the franchisee and Second Cup were expected to meet on Monday. The regional health agency serving West-Central Montreal, which includes the Jewish General Hospital, said it was made aware of the video "containing antisemitic and hateful messaging." The video is related to a franchisee of Second Cup, one of the private tenants operating within the (Jewish General), Carl Thériault, a spokesman, said in a statement on Sunday. "We fully support Second Cup's decision to take swift and decisive action in this matter by shutting down the franchisee's cafés and terminating their lease agreement." The hospital has two locations operated by the same franchisee and both were shuttered on Saturday by the owners of the chain. The health agency "is committed to fostering a culture of inclusion and stands firmly against antisemitism and any other form of discrimination or hate speech," Thériault said. "We have franchisees who are Muslim, we have franchisees who are Jewish, we have franchisees that are Greek, French, we have employees from all different nations," Mammas said. "So we definitely have no issue with that and we don't take any political side, but ... hate speech ... you know we can't accept that." This report by The Canadian Press was first published Nov. 24, 2024. Sidhartha Banerjee, The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National News Man charged with second-degree murder in Vancouver homicide Nov 24, 2024 3:15 PM Montreal police chief expects additional arrests following anti-NATO protest Nov 24, 2024 1:15 PM Nova Scotia Tories appear safe with close battle for second between Liberals and NDP Nov 24, 2024 3:00 AM Featured FlyerAnother American-based big-leaguer is kicking in cash to incoming 's January inaugural fund. ., headquartered in Dearborn, Michigan, will donate $1 million as well as a fleet of vehicles for the festivities, a spokesperson confirmed to USA TODAY Monday. Earlier this month, told reporters his leadership team is carefully watching for policy changes in Washington but isn’t panicked about Trump returning to the presidency, The Detroit Free Press, part of the USA TODAY Network reported. It was not immediately known what vehicles Ford plans to donate to the Jan. 20 inauguration at the United States Capitol. But during a press event at Michigan Central Station in Detroit, Farley said Ford expects changes in tariffs, emissions regulations and tax . “After 120 years, we’re pretty experienced with policy change,” Farley said, adding nearly 14% of Ford’s November sales in the U.S. were hybrid or electric vehicles. “I think Ford is very well-positioned." During past visits to Michigan, Trump has met with . Almost one out of five vehicles in Ford's lineup globally is now a hybrid or electric vehicle, Farley said earlier this month. "What I’m excited about is working with the administration to make sure that we’re rewarded for our commitment to America and Michigan," he said. “Ford’s employment profile and importance in the U.S. economy and manufacturing, you can imagine the administration will be very interested in Ford’s point of view." Other companies including Jeff Bezos’ Amazon and social media giant Meta, the owner of , have donated millions to inauguration. donated $1 million, USA TODAY reported earlier this month. Zuckerberg has sought to repair his relationship with the incoming president and other Republican leaders over the last few months after he received backlash nearly four years ago for on Meta’s platforms following the Jan. 6 attack on the U.S. Capitol. Billionaire Bezos said he would also give $1 million, . It was not immediately known how much Trump has raised for his upcoming inauguration, but he raised a record for his 2017 launch while President Joe Biden raised more than $61 billion for his 2021 inauguration fund.
In the ever-evolving landscape of cryptocurrency, Dogecoin has emerged as a unique player. Originally created as a joke, Dogecoin has captured the imagination of investors and the general public alike, leading to a market valuation that has seen significant fluctuations over time. As of the latest data, Dogecoin’s market value stands at approximately $56.56 billion, with a price per coin hovering around $0.44. The resurgence in Dogecoin’s value can be attributed to several factors. Firstly, the cryptocurrency market is known for its volatility, with prices driven by investor sentiment, market trends, and the influence of prominent figures. Elon Musk , for example, has been a vocal supporter of Dogecoin, and his endorsements have historically led to spikes in its valuation. Secondly, Dogecoin’s appeal lies in its branding as the “fun and friendly internet currency.” Its association with the popular “doge” meme gives it a cultural edge that resonates with a community looking for alternatives to more traditional cryptocurrencies like Bitcoin and Ethereum. Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025 ) opens registrations; register today for early bird discounts. Tekedia AI in Business Masterclass opens registrations here. Join Tekedia Capital Syndicate and i nvest in Africa’s finest startups here . Furthermore, technological advancements and updates to the Dogecoin network, such as the release of Libdogecoin , have contributed to its legitimacy and potential for real-world application. This library allows developers to build Dogecoin-compliant products with ease, potentially expanding its use cases beyond mere speculation. The concept of cryptocurrency as “internet-native money” is becoming increasingly accepted, with digital currencies like Dogecoin being integrated into various online platforms for transactions and tipping. This integration into the digital economy signifies a shift in how value is perceived and exchanged in an internet-centric world. Despite its origins and the whimsical nature of its mascot, Dogecoin’s market performance is a testament to the unpredictable and dynamic nature of the cryptocurrency market. Whether it will sustain its current valuation or experience another round of volatility remains to be seen. However, its journey from meme to a multi-billion-dollar asset highlights the intersection of culture, technology, and finance in the digital age. Recent trends suggest that Dogecoin’s market dominance is on the rise. Analysts have observed a pattern where Dogecoin’s value does not decline as steeply as other cryptocurrencies during market downturns, indicating a resilient demand for DOGE. Moreover, the potential integration of Dogecoin as a payment method on various platforms could further solidify its position in the market. The social aspect of Dogecoin cannot be overlooked. The volume and social dominance of Dogecoin have hit new peaks, reflecting its growing relevance and demand. This social momentum is often fueled by discussions and promotions across social media platforms, where DOGE frequently trends, capturing the attention of new and seasoned investors alike. For those interested in the cryptocurrency market, Dogecoin represents both the potential and the risks inherent in this new form of digital asset. As with any investment, due diligence and a clear understanding of market forces are essential before participating in the trading of Dogecoin or any other cryptocurrency. As the digital economy continues to grow, cryptocurrencies like Dogecoin will likely play an increasingly significant role. Their ability to capture both the serious and lighthearted aspects of the internet culture makes them a fascinating subject for both investors and observers of the financial technology space.Opinion editor’s note: Strib Voices publishes a mix of national and local commentaries online and in print each day. To contribute, click here . ••• During his successful campaign for office, President-elect Donald Trump shrugged off Democratic attacks about the Heritage Foundation’s polarizing “Project 2025,” a roadmap of policy goals for a second term authored by more than 100 members of his first administration. While there are plenty of worrisome ideas in that manifesto, one in particular — dismantling the federal apparatus that monitors weather and collects climate data — could prove particularly dangerous for places that are at perpetual risk of severe, destructive weather. It wasn’t long after Trump secured victory that some of his prominent supporters crowed that Project 2025 would, in fact, form the foundation for policy aspirations in a second term. This was after Trump insisted month after month that he had nothing to do with the document and that it wasn’t connected to his campaign. Some of the policies Trump has touted since Election Day, such as gutting the civil service or using the Department of Justice to serve vengeance on his political opponents, now appear very much in play. While those are deeply troubling, a less prominent part of the 922-page document concerns those parts of the federal government focused on weather, climate and environmental protections. Project 2025 calls for breaking up the National Oceanic and Atmospheric Administration, calling it “a colossal operation that has become one of the main drivers of the climate change alarm industry and ... harmful to future U.S. prosperity.” NOAA contains six offices, including the National Weather Service, the National Ocean Service and Oceanic and Atmospheric Research, and has an annual budget of about $6.6 billion. Together, they provide Americans critical weather information and essential data about the climate that is invaluable to researchers and scientists. Trump, of course, does not believe in climate change, despite mountains of rigorously vetted evidence that it is occurring and accelerating. He has called it a hoax perpetrated by China in an effort to undercut the U.S. economy. The argument, by Trump and the Project 2025 authors, that climate change can be willed away by disrupting research or limiting data is not only nonsensical, it’s dangerous. It will ensure that communities such as ours, at the front lines of the battle against flooding, will be less prepared for what’s coming. That is also true of the Project 2025 proposal to outsource weather forecasting to private companies, such as AccuWeather. The National Weather Service routinely saves lives through its accurate predictions, as anyone who’s evacuated in the face of a hurricane or sheltered from a tornado can attest. The fact that the NWS doesn’t have a profit motive — that it’s only beholden to the public — is a large part of what makes it a trustworthy source of reliable information accessible to all Americans. Trump won the presidency squarely, and Americans preferred his vision for this country more than his opponent’s. It’s certainly fair to expect that he will seek to enact his agenda, which could bring radical changes to how the federal government operates. One could even argue that some reforms may be well overdue. But anything that undercuts the important work of NOAA, seeks to dismantle the NWS or undercut critical climate research should be fiercely opposed in Congress.
Rams claim CB Emmanuel Forbes off waivers from Washington
