Ellsworth Growth and Income Fund Ltd (ECF) News

The AI price war is intensifying while barriers to entry are declining: How long can substantial capital expenditures be sustained?

Jefferies believes that advances in model‑training techniques are lowering the barrier to entry for large‑scale models, enabling new players to break into the top tier with tens of millions of dollars in funding, while intensifying competition on API pricing. Although demand for AI inference continues to grow and computing power needs remain on the rise, narrowing performance gaps and declining costs are increasingly putting the ability of hefty capital expenditures to deliver adequate returns to the test.

wallstreetcn32minutes ago

"AI Slowdown Narrative" Sweeps Silicon Valley as Analysts Offer Reassurance: Demand for AI Infrastructure to Remain Robust

① As the "AI slowdown narrative" swept through Silicon Valley, AI‑related stocks faced a sharp sell-off on Monday, though the decline eased on Tuesday. ② An analyst noted that even if leading AI‑

cls.cn40minutes ago

It concerns AI safety and regulation! Two major camps remain in heated debate, and Trump plans to convene industry executives at the White House next week.

① The debate over AI safety and regulation has coalesced into two camps: the "radical development" faction, led by Trump, which opposes regulatory guardrails for AI and questions narratives

cls.cn08:45

Jensen Huang has repeatedly stated: No regulations are needed to govern the development of AI.

NVIDIA CEO Jensen Huang stated at the Salesforce Dreamforce conference that AI innovation and safety are not mutually exclusive; market mechanisms are sufficient to ensure the safety of AI products, so there is no need for dedicated legislation. Companies can fully balance safety with AI development, provided they carefully manage the pace of product releases until they have a solid understanding of market acceptance.

wallstreetcn08:42

OpenAI Targets Canadian Data Centers; Executives Praise Carney’s Plan

George Osborne, OpenAI’s Head of National Affairs, attended the Canada Investment Summit, stating that Canada holds significant potential for data center development due to its abundant energy and

wallstreetcn04:40

“Doomsday” Camp Gains Another Member: Former DeepMind Researcher Warns AI Could “Kill All of Humanity”

① Former DeepMind employee Bilal Chughtai has warned that AI could lead to humanity's extinction, stating that he has personally witnessed AI advancing far beyond expectations and that superintelligence could spiral out of control, posing a grave threat to humankind. ② Chughtai pointed out that progress in addressing the AI alignment problem is lagging far behind the rapid pace of advances in cutting-edge AI capabilities, calling for a deliberate slowdown in AI development, greater industry transparency, and coordinated efforts to prevent harmful competition.

cls.cn02:18

Nvidia, Broadcom Just Helped Break a 90-Year Earnings Trend—Now Comes the Hard Part

Strong quarterly results from Nvidia Corporation (NASDAQ:NVDA) and Broadcom Inc (NASDAQ:AVGO) show the AI trade continues to be alive and well. How alive is the AI trade? The strength of the sector

Benzinga01:53

Is R&D impact limited? Taiwan Semiconductor executive: AI is merely a "three-year-old Superman," powerful yet unable to distinguish right from wrong

Taiwan Semiconductor Co-CEO Y.J. Mii likened AI to a "three-year-old superhero"—powerful but lacking the ability to assess consequences. The company is particularly cautious about using AI to handle sensitive R&D information, fearing data leaks. He believes AI will have limited impact on next-generation semiconductor R&D and will struggle to address real-world bottlenecks such as high-end equipment. This statement echoes growing concerns about AI safety and calls from the industry to slow down AI development.

wallstreetcn00:38

New variables emerge for AI servers as Micron launches the world’s first ultra-high-density memory module.

Micron announced the completion of the world's first 512GB DDR5 RDIMM demonstration and validation, employing TSV vertical stacking packaging to push the memory capacity of dual-socket servers beyond 12TB, with power consumption reduced by more than 60% compared to a configuration using four 128GB modules. AMD and Intel have already begun validation, with mass production expected in the second half of 2027, which will support high-density workloads such as AI inference and in-memory databases.

wallstreetcn00:23

What Is Going on With AMD Stock on Tuesday?

Advanced Micro Devices, Inc. (NASDAQ:AMD) stock moved higher Tuesday as investors reassessed concerns that a greater focus on AI safety could slow infrastructure and capital spending tied to AI

BenzingaSep 15 23:24

Sam Altman's AI Nightmare Splits ETF Trade: Build Vs. Control

The artificial intelligence (AI) trade may be developing an unexpected second leg: not betting on who builds the most powerful AI, but who helps contain it.OpenAI CEO Sam Altman and Anthropic CEO

BenzingaSep 15 21:28

AI Fears Hammer Chip Stocks, but Broadcom CEO Says Demand Isn't Cracking

Broadcom Inc. (NASDAQ:AVGO) stock edged lower Tuesday in premarket trading after falling 4.77% in the previous session. Risk appetite remained weak, with Nasdaq futures down 0.36% and S&P 500

BenzingaSep 15 18:15

Exploring The Competitive Space: Broadcom Versus Industry Peers In Semiconductors & Semiconductor Equipment

In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a

BenzingaSep 15 18:00

NVIDIA Isn't 'so Expensive,' but Crowded AI Trade Could Unwind Quickly, Fund Manager Warns

NVIDIA Corp. (NASDAQ:NVDA) stock edged higher in Tuesday premarket trading after falling 3.36% Monday. The previous session's decline came as leaders at major artificial intelligence companies,

BenzingaSep 15 17:51

AI trading loses momentum! Goldman Sachs warns of the largest divergence in momentum trading in five years, with capital shifting from chips to software.

Goldman Sachs warns that AI-related trading is facing a structural test, as the divergence between 3-month and 12-month momentum performance reaches a five-year extreme, with the AI index retracting

wallstreetcnSep 15 16:46

Cathie Wood Keeps Buying Meta on Mark Zuckerberg's Muse Push, Dumps Amazon, AMD, Alphabet, Palantir Amid AI Slowdown Fears

On Monday, Cathie Wood-led Ark Invest executed significant trades, notably selling shares of Amazon.com Inc. (NASDAQ:AMZN), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Palantir Technologies Inc. (

BenzingaSep 15 10:32

AI Trading’s “Black Monday”: Cloud Giants Hold an “Immunity Pass”!

① On Monday, Silicon Valley and Wall Street finally found themselves on the same side—amid a heated debate over the "existential risk" posed by AI, U.S. stock markets were rocked; ② However, upon

cls.cnSep 15 10:10

Ellsworth Growth and Income Fund Ltd To Go Ex-Dividend On September 16th, 2026 With 0.22 USD Dividend Per Share

September 14th (Eastern Time) - $Ellsworth Growth and Income Fund Ltd(ECF.US)$ is trading ex-dividend on September 16th, 2026.Shareholders of record on September 16th, 2026 will receive 0.22 USD

Futu NewsSep 15 09:00

Trump publicly called Jensen Huang: Claims about AI dangers are a "scam," and data centers are more important than the internet.

At the All-In Summit in Los Angeles, NVIDIA CEO Jensen Huang received a call from Trump and switched to speakerphone. Trump dismissed concerns about the dangers of AI as a "hoax," likening data centers to "the oil of the next two to three decades" and asserting that their importance "surpasses the internet." Huang immediately voiced his agreement, stating, "We will not let (AI slowdown) happen." However, this strong stance failed to boost the market; NVIDIA's stock fell 3.4% that day, while tech stocks broadly declined.

wallstreetcnSep 15 07:11

Trump Slams Anthropic CEO: AI Development Cannot Be Braked; A “High-IQ President” Is Sufficient for the U.S.

On Monday, Trump stated that he clearly does not endorse the public backlash triggered by AI data centers or the concerns raised by the outside world regarding cutting-edge models. He wrote: "The only 'safeguard' AI needs is a strong and intelligent (high-IQ!) president—and the United States happens to have just such a president."

wallstreetcnSep 15 05:55