#nvidia

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    OPENAI, NVIDIA EXECUTIVES DISCUSS AI INFRASTRUCTURE NEEDS WITH BIDEN OFFICIALS

    OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang engaged with key Biden administration officials and other industry leaders at the White House to address the significant infrastructure needs essential for advancing artificial intelligence (AI) projects. The high-profile meeting included...
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    Nvidia Faces Intensifying DOJ Antitrust Investigation

    Nvidia Corp., a dominant force in AI chip manufacturing, is under intensified scrutiny by the U.S. Department of Justice (DOJ) as the agency escalates its antitrust investigation. The DOJ has issued subpoenas to Nvidia and other companies, seeking evidence of anti-competitive practices. This...
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    Nvidia Eyes Investment in OpenAI’s $100 Billion Funding Round

    Overview: Nvidia Corp., the world’s leading chipmaker, is in advanced discussions to participate in a major funding round for OpenAI, which could value the artificial intelligence startup at over $100 billion. This funding round, led by Thrive Capital, highlights the growing strategic importance...
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    Nvidia Stock Down After Reporting Exponential Growth

    Nvidia (NASDAQ: NVDA) has been at the forefront of the artificial intelligence (AI) revolution, with its GPUs becoming essential for developing large language models and generative AI. This has led to a meteoric rise in Nvidia's stock, which has gained over 150% this year and more than 750%...
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    Nvidia Q2 Earnings: Key Factors Investors Should Watch

    Nvidia (NVDA) is set to release its second-quarter earnings after the market closes on Wednesday, August 28. This report is expected to be a major market mover, and there are three critical factors to keep an eye on: ENTERPRISE BUSINESS GROWTH: Watch how Nvidia’s enterprise segment is...
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    Nvidia's Market Value Soars by $765 Billion

    Nvidia has achieved a remarkable surge in its market value, adding $765 billion over just eight trading days, driven by a 31% increase in its stock price. This rapid ascent nearly tripled the Nasdaq 100's 11% gain within the same period and represents Nvidia's largest eight-day gain since May...
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    Nvidia Faces Stiffer Competition from AMD, but Stock Rises

    Nvidia's stock surged 4.4% on Monday, closing at $130, despite facing increased competition from Advanced Micro Devices (AMD). Investors are optimistic ahead of Nvidia's earnings report on August 28, anticipating strong performance. Melius Research analyst Ben Reitzes maintained a Buy rating...
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    Nvidia Named Top 'Rebound' Stock as Wall Street Considers Recent Slump Overdone

    Nvidia's stock (NVDA) gained momentum in premarket trading on Tuesday, following a 5% rise on Monday, as investors and analysts debated whether the recent downturn in semiconductor stocks has been overstated. Bank of America analyst Vivek Arya highlighted Nvidia as a leading "rebound" candidate...
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    Top Analyst Puts Nvidia Stock on Key List After $500 Million Slump

    Nvidia (NVDA) shares experienced a notable rebound in early Wednesday trading, buoyed by strong Q2 earnings from AMD and an optimistic research note from Morgan Stanley. Nvidia, which saw a significant market value loss of nearly $500 million this month—its worst performance in almost two...
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    Nvidia Stock Tumbles in Tech Slump Amid Questions Over Key Chip

    Nvidia shares tumbled, extending the stock's one-month decline to around 23%, amid a major pullback in global tech stocks and reports of a delay in the delivery of its newly-designed AI chips known as Blackwell. Blackwell Chips: Nvidia unveiled the Blackwell line of processors earlier this...