Aishe News

So, let's talk about the great chippocalypse of 2023. You know, the time when the mighty Intel, the once-indomitable titan of the tech world, started tripping over its own shoelaces. It's a tale of hubris, market shifts, and a whole lot of "oops." The Great Chip Shakeup: Nvidia Ousts Intel from the Throne The Rise and Fall of the Chip Giant Once upon a time, Intel was the king of the chip castle. They were the ones who brought us the Pentium, the Core i7, and a whole host of other processors that powered our computers, laptops, and gaming rigs. They were the ones who made the world go "wow" with their innovative technology. But then, something strange happened. A new kid on the block, Nvidia, started making waves with their fancy graphics cards. These weren't just for gamers anymore. They were becoming the go-to chips for powering artificial intelligence, machine learning, and other mind-bending tech. And as Nvidia's star rose, Intel's starte...

Frankfurt/London/New York – Global markets were sent into a tailspin today following hawkish monetary policy decisions from the U.S. Federal Reserve and the Bank of England. Germany's DAX index suffered its steepest decline since last July, as hopes for an imminent interest rate cut, fueled by comments from Fed Chair Jerome Powell, were dashed. Instead, hints of a prolonged restrictive monetary policy stance dampened investor sentiment. The DAX closed 2.30% lower at 18,083.05 points, eroding nearly eight percent of its year-to-date gains. The MDAX and EuroStoxx 50 also experienced significant losses. The gloomy mood wasn't confined to Frankfurt. Both London and New York markets closed sharply lower, despite the Bank of England's first interest rate increase since the onset of the inflationary wave. The Dow Jones Industrial Average and the Nasdaq 100 each lost around 1.3% by the close of European trading. Analysts attributed the market's violent swings to heightened inve...