By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea’s Samsung Electronics and up to $1.61 billion for Texas Instruments to expand chips production. The department also finalized an award of up to $407 million to help fund Amkor Technology planned $2 billion advanced semiconductor packaging facility in Arizona, which is set to be the largest of its kind in the U.S. The Samsung award is about $1.7 billion smaller than the preliminary award announced in April of up to $6.4 billion and reflects its revised smaller investment plans, the department said. A Commerce spokesperson said the department “changed this award to align with market conditions and the scope of the investment the company is making.” A Samsung spokesperson said its “mid-to-long-term investment plan has been partially revised to optimize overall investment efficiency” but declined to disclose details of its agreement with the Commerce Department. In April, administration officials said Samsung planned to invest roughly $45 billion to build two chip production facilities, a research center and a packaging facility by 2030. On Friday, Commerce said Samsung plans to invest $37 billion and complete the projects by the end of the decade. Texas Instruments has pledged to investment more than $18 billion through 2029 in two new factories in Texas and one in Utah, which are expected to create 2,000 manufacturing jobs. The company is getting $900 million for its Texas operations and $700 million. Amkor’s Arizona plant when fully operational will package and test millions of chips for autonomous vehicles, 5G/6G and data centers. Apple will be its first and largest customer with the chips produced at a nearby Taiwanese chipmaker TSMC facility. Congress in August 2022 approved a $39 billion subsidy program for U.S. semiconductor manufacturing and related components along with $75 billion in government lending authority. Last month, Commerce finalized an award of up to $7.86 billion for Intel down from $8.5 billion announced in March after the California-based chips maker won a separate $3 billion award from the Pentagon. Commerce has now finalized the largest awards it offered earlier this year including this week, finalizing up to $458 million for SK Hynix in Indiana. In total, Commerce has finalized over $33 billion of the over $36 billion in proposed incentives funding. “With this investment in Samsung, the U.S. is now officially the only country on the planet that is home to all five leading-edge semiconductor manufacturers,” said Commerce Secretary Gina Raimondo. (Reporting by David Shepardson; Editing by Chizu Nomiyama, David Gregorio and Diane Craft) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );Two arrested for brandishing guns; 56 social media accounts displaying arms identified: Delhi PoliceWoman taken to hospital after crashing into wall on technology park
Minority Business Development Agency Releases Report on Closing Supply Chain Gaps with MBEsSTUART, Fla. , Dec. 24, 2024 /PRNewswire/ -- Health In Tech, an Insurtech platform company backed by third-party AI technology, today announced the closing of its initial public offering of 2,300,000 shares of its Class A common stock at a public offering price of $4.00 per share, for gross proceeds of $9,200,000 , before deducting underwriting discounts, commissions, and estimated offering expenses. The Company has granted the underwriter an option, exercisable within 30 days from the date of the final prospectus, to purchase an additional 345,000 shares of Class A common stock from Health In Tech at the initial public offering price, less underwriting discounts and commissions. Assuming such option is fully exercised, the Company may raise a total of approximately US$10,580,000 in gross proceeds from the Offering Health In Tech intends to use the net proceeds from the offering for system enhancements, expansion of service offerings, sales and distribution channels, talent development and retention, working capital, and other general corporate purposes. American Trust Investment Services, Inc. acted as the sole book-running manager for the offering. A registration statement on Form S-1 (File No. 333-281853) relating to the shares was filed with the Securities and Exchange Commission and became effective on December 19, 2024 . This offering was made only by means of a prospectus, forming part of the effective registration statement. A copy of the prospectus relating to the offering can be obtained when available, by contacting American Trust Investment Services, Inc., 230 W. Monroe Street , Suite 300, Chicago, IL 60606, or via E-Mail at ECM@amtruinvest.com. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Health In Tech Health in Tech ("HIT") is an Insurtech platform company backed by third-party AI technology. We offer a dynamic marketplace designed to create customized healthcare plan solutions while streamlining processes through vertical integration, process simplification, and automation. By eliminating friction and complexities, HIT enhances value propositions for employers and optimizes underwriting, sales, and service workflows for Managing General Underwriters (MGUs), insurance carriers, licensed brokers, and Third-Party Administrators (TPAs). Learn more at healthintech.com . Forward-Looking Statements Regarding Health In Tech Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about Health In Tech's possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "design," "target," "aim," "hope," "expect," "could," "intend," "plan," "anticipate," "estimate," "believe," "continue," "predict," "project," "potential," "goal," or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to Health In Tech's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause Health In Tech's actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Health In Tech's control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Health In Tech's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to Health In Tech's operations, results of operations, growth strategy and liquidity. Investor Contact Investor Relations: ir@healthintech.com View original content to download multimedia: https://www.prnewswire.com/news-releases/health-in-tech-announces-closing-of-initial-public-offering-302338923.html SOURCE Health In TechMiami Fair Asks Gallery to Remove Portrait of Trump
Circa March 2023 and this comment - ‘More confident in Adani Group’s business prospects’ from the LIC Chairperson, helped to stabilize the Adani Group companies’ shares following the mayhem that ensued post the attack by Hindenburg. At that time, LIC was on the dock given its high exposure to Adani Group, its clarifications in January 2023 that Adani Group investments accounted for less than 1 per cent of overall assets, notwithstanding. LIC investors were concerned that it had accounted for over 5.5 per cent of LIC’s equity portfolio. This time though, while LIC investments in Adani still account for over 4-4.5 per cent of its equity portfolio, a different investor is on the dock – GQG Capital. While LIC Chairman’s comments helped set a floor to Adani shares last time, it was the entry of GQG as an investor in the Adani Group companies that kick started the strong recovery in the stocks. Such was the confidence investors gained from there, that stocks like Adani Ports and Adani Power raced up to well above pre-Hindenburg all times highs, by end of 2023. Yes, stocks like Adani Total Gas and Adani Energy solutions continued to languish, but a strong case was made that Adani had triumphed post the attacks. And of course, good earnings growth reported by Adani Group companies too helped, although valuations remained expensive. But now there is something to worry when GQG is on the dock. Investors in GQG’s stock (listed in Australia) gave their first verdict when the stock plunged by 20 per cent on November 21. A buyback announcement amounting to around 1 per cent of GQG’s stock, hardly enticed investors the next day (stock closed up by a modest 3.7 per cent). This portends probably the first major challenge to GQG’s management and its reputation, which has had a solid track record across its four global investment strategies (International Equity, Global Equity, Emerging Markets Equity and US Equity ) backing it, since inception in 2014. Given its reputation, its stakes in Adani Group companies which amounted to almost $9.5 billion in October 2024, are now too big to fail. In total these stakes account for 6 per cent of its AUM of around $158 billion and 8 per cent in one of its emerging markets investment vehicles (Bloomberg data). The rationale for its overweight positions in Adani Group companies, a level of bullishness not shares by other institutional investors in India (barring LIC) might be the key questions that GQG’s clients might be asking now. For example, its stakes across Adani Group companies account for anywhere between 12 to 20 per cent of free float of the Adani Group companies. Its stake combined with that of LIC’s account for 19 to 34 per cent. If under pressure from clients GQG is forced to reduce its positions in the secondary markets in some of these companies, the pressure on the stocks could be significant. GQG’s stakes account for anywhere between 18 to 45 days of the average of the three months’ daily trading volume in NSE (accounts for over 90 per cent of secondary market stock trades in India) of the respective stocks. So even if it were to reduce its stakes marginally, the impact will reverberate unless another institutional investor comes to the rescue. GQG will have to weigh the details and its client’s perceptions on the emerging details and make a call. It would be worth noting that a sizeable 30 per cent of its AUM comes from a sub-advisory relationship with Goldman Sachs, wherein GQG as an asset manager, advises a fund that is run by Goldman Sachs. So how the primary advisor to clients for this fund – a Goldman Sachs unit, feels about allegations can weigh on GQG’s decision (the sub-advisor is chosen by the primary advisor). Hence what Adani needs now is an encore of what LIC Chairman said in March 2023, but this time from GQG’s Rajiv Jain. This can help put a floor and send a message that global investors are undeterred by these allegations considering the fact that most GQG’s clients are investors from developed markets. In the absence of that one will have to start worrying about a possible Mexican stand-off between GQG, LIC and the other set of public investors watching each other to see who is going to pull the trigger first and exit some stakes. CommentsBISMARCK — The North Dakota State Board of Higher Education and Bismarck State College President Doug Jensen are parting ways. Following a special meeting Friday, Dec. 20, in which the board that oversees the state's university system went into executive session for about an hour, board members voted unanimously to accept a separation agreement with Jensen. ADVERTISEMENT The board did not discuss the reasons for Jensen's departure or the details of the agreement that was reached. "We'll have some words for him (Jensen) to follow shortly," Board Chair Tim Mihalick said in the meeting. Jensen was hired as Bismarck State College president in March 2020 after the retirement of Larry Skogen. Jensen previously served as president of Rock Valley College in Rockford, Illinois, and as president of Alabama Technology Network. His contract with Bismarck State College was renewed at a meeting of the State Board of Higher Education on June 25 and was set to last until June 30, 2026. His base salary at the time was set at $258,952. While president of Bismarck State, Jensen oversaw growth in enrollment, a change in athletics from junior college status to NAIA and expansion of campus buildings. According to Jensen's contract, if he is fired without cause, he is entitled to a payout of his current contract or the option to "retreat" to a tenured faculty position. A replacement for Jensen was not immediately disclosed. ADVERTISEMENTNotable quotes by Jimmy CarterST. LOUIS , Dec. 20, 2024 /PRNewswire/ -- Eric Watkins , President of Abstrakt, is shedding light on the significant challenges businesses face when building in-house Sales Development Representative (SDR) teams. Rising costs, complex technology needs, and extended timelines are making outsourcing an increasingly attractive option for companies seeking efficient and effective sales solutions. "We often find companies have already tried to do this all on their own and struggled," said Watkins. "It's a lot of puzzle pieces to put together, and working with a professional team that does this exclusively often gets better results." Watkins noted that businesses often underestimate the full scope of building an SDR team, from recruiting and onboarding skilled personnel to investing in necessary software and AI tools. Additional hurdles include developing outreach strategies, maintaining accountability metrics, and ensuring consistent performance tracking. "Building your own team can be a good route if you have the fully dedicated resources to do so," Watkins said. "But it requires a lot of software, content planning, research tools, and follow-through on sequencing." The rise of AI-driven sales tools has added to the complexity, with many companies struggling to optimize these technologies for maximum impact. Watkins explained that companies often lack the expertise to effectively integrate AI into their outreach efforts, further extending the time and cost required to build a functional SDR team. For many businesses, outsourcing to specialized teams like Abstrakt provides a faster and more cost-effective solution. By eliminating the need for ongoing training, technology investment, and process development, outsourcing offers immediate access to experienced professionals and proven systems. Abstrakt, which handles over 100,000 appointments annually across industries, has seen firsthand how outsourcing delivers measurable results for its clients. "Evaluate your resources, timeline, and ability to stay accountable to your sales goals," Watkins advised. "If there are gaps, partnering with a team that specializes in this work can help you grow faster and more effectively." Abstrakt is a B2B lead generation and marketing agency based in St. Louis, Missouri . With over a decade of experience, the company specializes in omnichannel appointment setting and helping businesses achieve measurable growth. View original content: https://www.prnewswire.com/news-releases/eric-watkins-of-abstrakt-highlights-the-challenges-of-building-internal-sdr-teams-302337750.html SOURCE Abstrakt Marketing Group
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A London-based company has carried out a new set of successful test flights of its solar-powered aircraft, the PHASA-35. Developed by BAE Systems, the aircraft is defined as a high-altitude-pseudo-satellite (HAPS) Uncrewed Aerial System (UAS). The company claims that the aircraft is designed to operate as high-altitude, long-endurance surveillance and reconnaissance platform. The aircraft is capable of operating above the weather and conventional air traffic. Latest flight trial “These latest flight trials are a significant step forward in proving PHASA-35’s capability for operations, and a real moment of pride for our entire team,” said Bob Davidson, Chief Executive Officer, BAE Systems’ Prismatic. “We’re committed to continuing to develop PHASA-35 at pace to make it available for operational activity as soon as 2026.” The company claims that this is a major milestone in the development of PHASA-35, named after its 35-metre wingspan, demonstrating its ability to be launched, flown, landed, potentially reconfigured, and then relaunched again so quickly. Aircraft carries an active intelligence, surveillance During the first flight at Spaceport America in New Mexico, U.S., in recent weeks, the solar-powered aircraft flew for 24 hours climbing to more than 66,000 feet and cruising in the stratosphere, before successfully landing in a serviceable condition , meaning it was ready to fly again just two days later, according to a press release. BAE maintains that the latest trials also saw the aircraft carry an active intelligence, surveillance & reconnaissance sensor, known as a software defined radio, developed by BAE Systems’ Digital Intelligence business. This weighed more than twice as much as the previous payload it had flown to the stratosphere with. At Prismatic’s site in Alton, Hampshire, UK the PHASA-35 team has now built the next iteration of PHASA-35. The new model has more than twice the onboard solar power generation and storage capacity than the current version, according to the company. BAE stressed that these modifications are expected to allow it to demonstrate stratospheric missions of increasing duration and complexity from next year onwards. “These latest trials draw on a huge amount of collaboration between Prismatic, the wider BAE Systems business and industry partners, including Honeywell and the UK Met Office,” said Dave Holmes, Managing Director, FalconWorks at BAE Systems. “They demonstrate the credibility and capability of the system for operational use.” The company has also revealed that the PHASA-35 team will now use data from these most recent trials to further improve and mature this novel technology. The latest flight trials take the British-built PHASA-35 High Altitude Pseudo Satellite (HAPS) a step closer to operations in the stratosphere. Additionally, the company has been recently awarded $68 million in contracts to produce an additional 44 Cold Weather All-Terrain Vehicles (CATV) for the U.S. Army. The recent order includes a $48 million add-on to the existing full-rate production contract, awarded in August 2022, and a $20 million award for 2025 funding.Apple Downgrades The Future Of Its MacBook AirU.S. shares lower at close of trade; Dow Jones Industrial Average down 0.55%
By Clarissa-Jan Lim Former Rep. Matt Gaetz’s reputation and political prospects may take a nosedive in the wake of the release of the House Ethics Committee’s report , but several MAGA figures are standing by the Florida Republican. On his “War Room” podcast hours after the report’s release Monday, Steve Bannon, a former Trump White House aide, dismissed the report as a “nothing burger” and urged Gaetz to return to Congress. “Take the ethics report and shove it up your a--. That’s what I think,” Bannon said. “Gaetz must return like Trump returned. Don’t back down, double down.” The committee said in its report that it found “substantial evidence” that Gaetz had violated House rules, as well as state and federal laws, while serving in Congress, including that he “regularly” paid women for sex and bought or possessed illegal drugs including cocaine and ecstasy. Gaetz has repeatedly denied any wrongdoing and noted that a separate Justice Department investigation into allegations of sex trafficking ended with no charges. Gaetz has said he will not join the next Congress in January despite winning re-election in November, and he is due to begin hosting a political talk show on One America News Network. At a Turning Point USA convention over the weekend, he floated running for Florida governor or for Sen. Marco Rubio’s seat in the U.S. Senate. Although much of MAGA world raged against the committee’s findings and its decision to release a report on a former member, others have downplayed the committee’s findings and its potential impact on Gaetz’s political future. Florida state Rep. Juan Porras praised Gaetz on X as “one of the most prominent fighters” in the GOP and derided the ethics committee’s findings as “opposition research disguised as an ethics report.” “I stand with him and hope to see him continue his public service in the future,” he wrote. Florida state Sen. Joe Gruters, whom President-elect Donald Trump has backed for treasurer of the Republican National Committee , told Politico that the report’s release was an “attempt to damage [Gaetz’s] reputation by those with personal or political grievances against him.” Gaetz, he said, “continues to have a bright future in elected office, or any other path he chooses to pursue.” Clarissa-Jan Lim is a breaking/trending news blogger for MSNBC Digital. She was previously a senior reporter and editor at BuzzFeed News.After withdrawing from AG consideration, Gaetz says he won't return to CongressOne of my favorite open-ear headphones just hit an all-time low price
Minnesota nickel mine that would supply Tesla shelves its unusual excavation methodGlobal Virtual Private Network Software Market Size, Share and Forecast By Key Players-Nord Vpn, Golden Frog, Hotspot Shield, Buffered Vpn, Express Vpn 12-24-2024 05:46 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect Virtual Private Network Software Market USA, New Jersey- According to the Market Research Intellect, the global Virtual Private Network Software market is projected to grow at a robust compound annual growth rate (CAGR) of 16.58% from 2024 to 2031. Starting with a valuation of 6.03 Billion in 2024, the market is expected to reach approximately 15.14 Billion by 2031, driven by factors such as Virtual Private Network Software and Virtual Private Network Software. This significant growth underscores the expanding demand for Virtual Private Network Software across various sectors. The Virtual Private Network (VPN) Software market is witnessing rapid growth as businesses and individuals prioritize online security and privacy. With the increasing frequency of cyberattacks and data breaches, the demand for secure internet connections has surged. VPN software provides a solution by encrypting internet traffic, ensuring anonymity, and safeguarding sensitive data from potential threats. The market growth is further fueled by the rise in remote working, as organizations seek secure access to their networks for a dispersed workforce. Additionally, the increasing adoption of streaming services and the need to bypass geo-restrictions are driving the consumer segment's demand for VPN services. Technological advancements, such as improved encryption protocols and the introduction of features like split tunneling and multi-device support, are also contributing to market expansion. As privacy concerns continue to rise globally, the VPN market is expected to experience sustained growth in the coming years. The dynamics of the Virtual Private Network (VPN) Software market are shaped by several factors. The growing awareness of online privacy and the increasing frequency of cyber threats are major drivers, with both businesses and consumers seeking secure and private internet connections. Remote work trends have further accelerated the demand for VPNs, as companies require secure access for employees working off-site. Additionally, the expansion of global digital content and the need for location-based access have boosted consumer VPN adoption. On the other hand, challenges such as the competition from free VPN services, regulatory issues, and the complexity of maintaining high security standards pose hurdles for market players. The ongoing development of faster, more secure VPN protocols and the increasing trend of integrating VPNs with other security tools will shape the future dynamics of this market. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=1980650&utm_source=OpenPr&utm_medium=047 Key Drivers: The growth of the Virtual Private Network Software market is driven by several key factors. Technological advancements in Virtual Private Network Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like Virtual Private Network Software and Virtual Private Network Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on Virtual Private Network Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the Virtual Private Network Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced Virtual Private Network Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the Virtual Private Network Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=1980650&utm_source=OpenPr&utm_medium=047 The following Key Segments Are Covered in Our Report By Type Remote Access Vpn Intranet Vpn Extranet Vpn Others By Application Personal Vpn Users Corporate Vpn Users Major companies in Virtual Private Network Software Market are: Nord Vpn, Golden Frog, Hotspot Shield, Buffered Vpn, Express Vpn, Private Internet Access, Purevpn, Cisco Anyconnect, Stackpath, Torguard, Symantec Corporation, Hide.me, Safer Vpn, Keepsolid Inc., Connectify, Inc., Fastestvpn Global Virtual Private Network Software Market -Regional Analysis North America: North America is expected to hold a significant share of the Virtual Private Network Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like Virtual Private Network Software and Virtual Private Network Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in Virtual Private Network Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient Virtual Private Network Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the Virtual Private Network Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the Virtual Private Network Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like Virtual Private Network Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global Virtual Private Network Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for Virtual Private Network Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the Virtual Private Network Software market? Answer: The Virtual Private Network Software market was valued at approximately 6.03 Billion in 2024, with projections suggesting it will reach 15.14 Billion by 2031, growing at a CAGR of 16.58%. 2. What factors are driving the growth of the Virtual Private Network Software market? Answer: The market's expansion is attributed to several factors, including increased demand for Virtual Private Network Software, advancements in Virtual Private Network Software technology, and the adoption of Virtual Private Network Software across various sectors. 3. Which regions are expected to dominate the Virtual Private Network Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in Virtual Private Network Software. 4. Who are the key players in the Virtual Private Network Software market? Answer: Prominent companies in the Virtual Private Network Software market include Virtual Private Network Software, Virtual Private Network Software, and Virtual Private Network Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the Virtual Private Network Software market face? Answer: The market faces challenges such as Virtual Private Network Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the Virtual Private Network Software market? Emerging trends include the integration of Virtual Private Network Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the Virtual Private Network Software market? Answer: Businesses can leverage growth opportunities in the Virtual Private Network Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a Virtual Private Network Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the Virtual Private Network Software market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/global-virtual-private-network-software-market-size-and-forecast/?utm_source=OpenPr&utm_medium=047 About Us: Market Research Intellect Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune 2000 organizations, we bring a rich and reliable experience that covers all kinds of research needs. For inquiries, Contact Us at: Mr. Edwyne Fernandes Market Research Intellect APAC: +61 485 860 968 EU: +44 788 886 6344 US: +1 743 222 5439 This release was published on openPR.
Incident and Emergency Management Market: Projected to Grow from $12.42B to $208.82B by 2031
Artificial intelligence (AI) offers many exciting long-term possibilities, but the technology's thirst for computing power is a certainty that's fueled remarkable growth in semiconductors. Chip companies like Nvidia ( NVDA -2.09% ) and Broadcom ( AVGO -1.47% ) have soared on the realization that AI is creating billions of dollars in opportunities for each. Since January, both stocks have outpaced the S&P 500 , though Nvidia has led the way, up over 180%. Both companies expect big things in 2025. Nvidia is rolling out its successor to its wildly popular Hopper AI chip architecture. At the same time, Broadcom has recently announced significant AI chip deals that should ignite growth for the next several years. But which stock is the better buy for 2025? Both stocks are AI winners Nvidia is arguably the household name in AI among investors. The company's expertise in GPU (graphics processing unit) chips translated well to AI . Nvidia's Hopper accelerator chip architecture became the gold standard for technology companies developing AI, which requires lots of computing power to train on vast amounts of data. The H100 chip remains popular, but Nvidia is rolling out Blackwell chips, the next-generation architecture, to meet the increased demands of smarter AI models. Nvidia CEO Jensen Huang believes Blackwell could be the company's most successful product . Analysts estimate that Nvidia will grow earnings by an average of 38% over the long term, reflecting these high expectations. Broadcom has a long, successful history in semiconductors, specializing in networking and other connectivity applications. However, it's no longer a pure chip business; the company has diversified into enterprise infrastructure software, now representing approximately 41% of total revenue. Broadcom has also become increasingly involved in AI chips. In fiscal year 2024, its AI-related revenue totaled $12.2 billion, a 220% increase from last year. Management recently acknowledged multiple blockbuster deals to develop AI inference chips for prominent AI companies (unnamed but rumored to include OpenAI and Apple ) using its XPU (extreme processing unit) chips. Broadcom believes its total AI opportunity could range from $60 billion to $90 billion by 2027, with management predicting a substantial market share. Analysts believe Broadcom's long-term earnings growth will average almost 22% annually. In all, both companies have seemingly found room to thrive in AI. It could come down to the better value between the two Since both companies seem well-positioned for growth, the better buy could boil down to which offers the best bang for your buck. The PEG ratio is excellent for this. It compares a stock's valuation to the company's anticipated growth. The lower the ratio, the better the deal you're getting. For high-quality stocks, I'm generally comfortable buying stocks at PEG ratios up to 2.0 to 2.5. Here is how each company stacks up: NVDA PE Ratio (Forward) data by YCharts Based on these numbers, Nvidia's PEG ratio is 1.2 versus Broadcom's 1.8. Remember, this ratio only tells you how much you pay for potential growth. Estimates are only that, meaning they could change. A company's future earnings volatility could also impact investors' willingness to pay. Nvidia is the better value based on numbers. Still, Blackwell could do better or worse than expected, so there is an argument that Nvidia's a riskier stock than Broadcom, a more diverse business. Is there a winner? This stock is the better buy heading into the new year Since both stocks trade at PEG ratios comfortably below what I consider reasonable, long-term investors can buy either (or both) today. That said, there is a winner. I'd probably opt for Broadcom if both stocks traded at similar PEG ratios because it's less dependent on AI. However, Nvidia and its lower PEG ratio seem to appreciate that risk. A 1.2 PEG ratio is a bargain for most stocks, let alone arguably the world's dominant AI company. It also doesn't seem likely that AI is a fad; there's too much money piling into the sector for that. Meanwhile, Blackwell seems poised to continue Nvidia's dominance, and innovation in AI technology could fuel demand for increasingly complex AI chips beyond that. Therefore, the future looks bright for both companies, but Nvidia is the better buy heading into 2025.WASHINGTON, D.C., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Today, the Minority Business Development Agency (MBDA) released its Ways in Which Minority Business Enterprises (MBEs) Can Meet Gaps in the U.S. Supply Chain report. This report presents several avenues for MBEs to meet gaps in the U.S. supply chain and discusses opportunities to conduct, commission, and collaborate on new studies with other federal, state, and private institutions on this topic. This report offers a data-driven snapshot of the MBE supplier landscape, analyzing representation of MBE firms in both manufacturing industries and the service industries that support manufacturing. The data shows there is room to grow representation of MBEs, particularly in manufacturing. The report identifies barriers present in supply chains for MBE participation; and the ways in which policy makers, technical assistance providers, and large corporations can utilize MBEs to advance the U.S. supply chain. “MBDA has embarked on a new chapter of our long and proud history to serve and support MBEs,” said Deputy Under Secretary of Minority Business Development Eric Morrissette. “The Minority Business Development Act of 2021 empowered our agency to work toward equity among U.S. firms and strengthen our national economy, and we are forever committed to that mission. Together with public and private sector partners, we will continue to address capital access disparities and highlight sources of alternative financing while closing gaps in the U.S. supply chain.” The report highlights many public and private initiatives directed toward promoting the success of MBEs in supply chain industries and breaking down barriers. Increasing MBE participation in advanced technologies and manufacturing relies on a range of initiatives to ensure MBEs can develop the capacities and skills needed to compete in rapidly changing markets. The report recommends four potential opportunities through which MBEs can help close supply chain gaps through policy and business plan changes: Other suggestions made in the report include addressing unique challenges by MBE demographic groups and expanding qualitative data gathering to learn about the needs of MBEs in manufacturing. This report was mandated under the Minority Business Development Act of 2021. The Act codified MBDA and many of its existing programs. The report, and details of its findings, can be reviewed at www.mbda.gov . About the Minority Business Development Agency (MBDA): The U.S. Department of Commerce, Minority Business Development Agency is the only Federal agency dedicated to the growth and global competitiveness of U.S. minority business enterprises (MBEs). For more than 50 years, MBDA’s programs and services have better equipped MBEs to create jobs, build scale and capacity, increase revenues, and expand regionally, nationally, and internationally. ### Attachment Gabriel Cushing Minority Business Development Agency (MBDA) gcushing@mbda.govGameStop jumps after cryptic post from 'Roaring Kitty' rekindles retail hype
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