Tuya (TUYA) Launches AI Coding As Its AI And IoT Narrative Points To Undervaluation

Rocket Lab (RKLB) stock rose 79.3% over the past year, outperforming the S&P 500 and peers. Despite a 52.5% revenue increase to $0.77B, its stock dropped from a high of $150.23. The company completed 24 Electron flights, with satellites now driving most revenue. It secured a $397M contract with Space Force and plans to acquire Iridium.

NVIDIA plans to raise AI server prices by over 15% due to memory semiconductor shortages and increased costs, according to Bloomberg. The price hike, affecting systems like Vera Rubin and Grace Blackwell, will start in early 2024. The move follows similar actions by Apple and Qualcomm, and amid growing memory demand from AI investments.

Nvidia's AI server prices will rise over 15% from early 2024 due to memory costs, affecting chips like Vera Rubin and Grace Blackwell. The company's largest customers, including Microsoft, Google, and Oracle, have been notified. Nvidia reports earnings next week. Samsung, SK hynix, and Micron dominate DRAM production, and demand from AI infrastructure has outpaced supply. The EU has committed €20bn to AI gigafactories, and rising hardware prices may impact these plans.

TSMC has completed development of its 1.6nm A16 chip process, with mass production expected in Q4 2026. The A16 process offers performance and efficiency gains over previous nodes, targeting AI and high-performance computing applications. Samsung, a rival, has delayed its 1.4nm process to 2029, widening the technology gap. TSMC's advancements position it competitively against Samsung and Intel in the advanced chip market.

Moderna and Merck's personalized mRNA cancer treatment showed promising results in late-stage clinical trials, reducing the risk of death by 49% over five years. The treatment, combined with Keytruda, targets melanoma by training the immune system to attack cancer cells. Local experts say it could be a major step forward, but questions remain about side effects and cost.

Nvidia has notified major customers, including Microsoft, Google, and Oracle, of price increases exceeding 15% for AI server systems, effective early next year. The hikes, attributed to rising memory chip costs, affect systems with Vera Rubin and Grace Blackwell chips. Nvidia did not comment. Industry leaders like Apple and Qualcomm have also raised prices due to chip shortages.