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Big Tech develops AI networking standard but without chip leader Nvidia

UPDATE 1-Big Tech develops AI networking standard but without chip leader Nvidia Updates with Nvidia's response in paragraph 11 May 30 (Reuters) - Major tech firms, including Meta META.O , Microsoft MSFT.O , Advanced Micro Devices AMD.O and Broadcom AVGO.O , said on Thursday they have developed a new industry standard for networking in AI data centers, the latest effort to break the dominance of market leader Nvidia NVDA.O .
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S&P 500 handily beating small-cap Russell 2000 this year: What gives?

LIVE MARKETS-S&P 500 handily beating small-cap Russell 2000 this year: What gives? Main U.S. indexes red: Dow off ~1% Real Est leads S&P 500 sector gainers; Tech weakest group Euro STOXX 600 index up ~0.6% Dollar, crude dip; gold gains; bitcoin up ~2% U.S. 10-Year Treasury yield falls to ~4.57% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Major tech firms develop AI networking standard but without major player Nvidia

Major tech firms develop AI networking standard but without major player Nvidia May 30 (Reuters) - Major tech firms, including Meta META.O , Microsoft MSFT.O , Advanced Micro Devices AMD.O and Broadcom AVGO.O , said on Thursday they have developed a new industry standard for networking in AI data centers, the latest effort to break the dominance of market leader Nvidia NVDA.O .
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AMD, Broadcom, Cisco, Google, Hpe, Intel, Meta, Microsoft Form Ultra Accelerator Link Promoter Group To Drive Data Center Ai Connectivity

BRIEF-AMD, Broadcom, Cisco, Google, Hpe, Intel, Meta, Microsoft Form Ultra Accelerator Link Promoter Group To Drive Data Center Ai Connectivity May 30 (Reuters) - Advanced Micro Devices Inc AMD.O : AMD, BROADCOM, CISCO, GOOGLE, HPE, INTEL, META, MICROSOFT FORM ULTRA ACCELERATOR LINK PROMOTER GROUP TO DRIVE DATA CENTER AI CONNECTIVITY UALINK PROMOTE
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Nutanix rises after brokerages raise PT

BUZZ-Nutanix rises after brokerages raise PT ** Shares of cloud services company Nutanix NTNX.O rise 1.9% to $72.80 ** Barclays raises PT to $81 from $68, J.P. Morgan lifts it to $80 from $70 - LSEG data ** Barclays sees "continued share gains and expanding pipelines as well as increased private cloud repatriation" ** J.P. Morgan sees continued str
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