Tag: Nvidia
Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle
Microsoft (MSFT) stocks hit an all-time high of $378.81 on Nov. 20 on the back of a tumultuous weekend for the AI sector involving the ousting of Open [...]
French police raids Nvidia offices amid antitrust investigation: Report
Nvidia, one of the global leaders in artificial intelligence (AI) chip production with headquarters in California, reportedly faced a police raid in i [...]
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI c [...]
Nvidia AI partner Databricks raises $500M to achieve $43B valuation
Cloud data company Databricks recently announced the completion of a Series I fundraising round where it raked in $500M from primary investor accounts [...]
Adobe, IBM, Nvidia join US President Biden’s efforts to prevent AI misuse
Adobe, IBM, Nvidia and five other companies have endorsed U.S. President Joe Biden's voluntary artificial intelligence (AI) commitments, including wat [...]
Top Wall Street analysts say stocks like Nvidia are compelling
The logo of Nvidia at its corporate headquarters in Santa Clara, California, May 2022.Nvidia | via ReutersThe macro backdrop is looking challenging as [...]
US officials extend export curbs on Nvidia AI chip to ‘some Middle Eastern countries’
Regulators in the United States have asked Nvidia to curb exports of artificial intelligence (AI) chips to “some Middle East countries,” according to [...]
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI in ad [...]
Nasty day in the markets as the Nasdaq unravels following Nvidia earnings
The Nasdaq Composite is down to 2.0% but more than that, the chart is painting an ugly reversal after what started out as a spike.Nasdaq Comp daily ch [...]
Heavy-Lifting from US Tech Overnight as Nvidia Results in Focus
The US 10-year Treasury yields touched a new 15-year high overnight, but the Nasdaq managed to shrug it off for now (+1.6%), tapping on renewed tracti [...]
Nvidia CEO bullish as Q2 revenue crushes estimates
Shares of computer chip manufacturer Nvidia soared nearly 10% in after-hours trading as surging demand for AI chips saw the firm post Q2 earnings that [...]
AI Giant Nvidia Fuels Optimism Amid Economic Crosswinds
Semiconductor Sector: The Nvidia Effect
The strong earnings from Nvidia reverberated across the semiconductor sector. While Nvidia led the charge wit [...]
Stock Indices Rally as Nvidia Reports Stellar Results
Article by IG Senior Market Analyst Axel RudolphFTSE 100, CAC 40, Nasdaq 100 Analysis and ChartsFTSE 100 benefits from risk-on appetiteThe FTSE 1 [...]
Nvidia drops new AI chip expected to cut development costs
Nvidia, one of the world’s leading developers of semiconductor chips, revealed its latest chip on Aug. 7, designed to power high-level artificial inte [...]
Nvidia invests in biotech company Recursion for AI drug discovery
A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan.Sopa Images | Lightrocket | Getty ImagesChipmaker Nvidia will invest $50 million in Re [...]