AMD said on Tuesday its most-advanced GPU for artificial intelligence, the MI300X, will start shipping to some customers later this year.AMD’s announcement represents the strongest challenge to Nvidia, which currently dominates the market for AI chips with over 80% market share, according to analysts.GPUs are chips used by firms like…

As the dust begins to settle on the Covid-fueled economic tumult of the last few years, one pandemic-era trend appears to be on its way out: The Great Resignation. Almost 50 million people quit their job in the two years following the worst of the pandemic, citing pressures such as…

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The US Department of the Treasury is looking into privacy behind the potential of a future retail central bank digital currency, a Treasury official said on Tuesday.A retail CBDC has pros and cons, said Graham Steele, assistant secretary for financial institutions at US Treasury, on Tuesday at the Transform Payments…

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Early in 2021, I concluded that the solid performance of shares of ESCO Technologies Inc. (NYSE:ESE) came at a price. The diversified industrial conglomerate has proven to be a solid long-term value creator, while maintaining a pristine balance sheet, yet a 30 times earnings multiple at the time felt a…

The global crop merchant Bunge is to buy competitor Viterra in a $8.2bn cash and shares deal, creating an agricultural behemoth to rival the largest trading houses that move grains, oilseeds and pulses from farm to consumers.The combined group will compete with industry leaders Cargill and Archer Daniels Midland, strengthening…

A version of this story appears in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. An emerging defense of former President Donald Trump is that he should not be criminally charged. The federal indictment released on Friday describes him sloppily hoarding classified documents…

This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.Keep an Eye on Dr. Copper Chart in FocusMcClellan Financial PublicationsJune 8: “Doctor Copper” has long been held in high repute as an economic expert. This week we compare the Institute…

By Ying Xian Wong Bumi Armada shares fell early Tuesday, as analysts downgraded the stock after the suspension of production at an offshore facility in the North Sea. Shares slid as much as 27% and were last down 21% at 0.50 ringgit ($0.11), and were on track for their biggest…