EMCOR Group, Inc. (EME) Initiated at Buy by Northcoast with $600 Target, Highlighting AI and Clean Energy Projects

By Yahoo! Finance   |   1 month ago
EMCOR Group, Inc. (EME) Initiated at Buy by Northcoast with $600 Target, Highlighting AI and Clean Energy Projects

MatX, a chip-design startup, raises $80 million led by Spark Capital, aiming to address the global shortage of AI-specific chips. Co-founded by ex-Google TPU members, MatX's processors are optimized for large language models, targeting tenfold efficiency compared to NVIDIA GPUs.

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