Move Over, Nvidia: Billionaires Are Selling Its Shares and Buying Up These 2 Artificial Intelligence (AI) Stocks Instead
Wall Street has fallen in love with the artificial intelligence (AI) trend. This is not surprising, considering that PwC analysts expect AI to add nearly $15.7 trillion to the global economy annually by the end of 2030.
NVIDIA Corp. stock falls Friday, underperforms market
Shares of NVIDIA Corp. NVDA slid 1.59% to $116.00 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.09% to 42,063.36 and the S&P 500 Index SPX falling 0.19% to 5,702.55.
AI chip industry leader Nvidia’s high market share draws federal prosecutors’ scrutiny
The Department of Justice has contacted Nvidia relating to the company’s more than 80% market share of the burgeoning AI chip industry. Reports that the DOJ sent subpoenas to the leading manufacturer of data center graphics processing units,
Nvidia Stock Is Surging Today -- Time to Invest in the Artificial Intelligence (AI) Leader?
The Fed announced yesterday that it would be cutting interest rates by 50 basis points -- coming in higher than the 25-basis-point cut that many investors and analysts had anticipated. While the initial reaction to the rate cut didn't spur gains for the broader market,
Nvidia Stock Rises. Why Fed’s Jumbo Rate Cut Will Boost the AI Chip Maker.
The central bank's decision to slash borrowing costs by 50 basis points is easing concerns about the economy. That could lift the AI trade.
Nvidia’s Option Expiry May Allow Renewed Surge, Spotgamma Says
The expiration of large option positions on Friday could help Nvidia Corp. shares push higher, according to analysts at ...
Forget Nvidia: This Other Stock May End Up Being the Most Important Data Center Opportunity of All, and It's Not a Technology Company
One notable company involved with nuclear-powered data centers is Amazon. One of the biggest businesses in Amazon's ecosystem ...
China would love a domestic Nvidia rival — but that's proving quite the challenge
Chinese firms face a number of challenges in trying to rival Nvidia including contending with U.S. export restrictions and a ...
Nvidia Teams Up With AI Firm G42 to Create Climate Tech Lab
Nvidia Corp. is teaming up with Abu Dhabi-based G42 to create a climate technology lab, marking its first partnership with ...
Prediction: Nvidia Stock Is Going to Soar in the Remainder of 2024
Wall Street expects Nvidia to deliver $4.02 in earnings per share during fiscal 2026, which places its stock at a forward P/E ...
Behind China's push to find a domestic alternative to Nvidia
Huawei is among the Chinese companies looking to create a viable alternative to Nvidia's semiconductors for artificial ...
Nvidia Backs Software Start-Up Enabling Complex Additive Manufacturing
Nvidia's venture arm, NVentures, is betting millions on nTop, the rising leader in computational design software for ...
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Nvidia’s AI Aerial Platform for AI-RAN Targets Network Efficiency
Partnering with telecom companies, Nvidia is developing AI-based solutions to handle the growing demands of AI-powered ...
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Nintendo Switch 2 rumors: AMD bid 'hard' against NVIDIA to be inside Switch 2, got PS6 instead
Nintendo's next-gen Switch 2 handheld is powered by the NVIDIA T239 processor: finalized in 2022, with AMD bidding 'hard' ...
Biggest Rate Cut Stock Winners: Apple, Nvidia Rally $250 Billion, Other Rate-Sensitive Names Rake It In
A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500 ...
Alibaba, Nvidia collaborate on advanced autonomous-driving solution, computing services
This collaboration marks the first time Alibaba Cloud’s AI models get integrated into Nvidia’s Drive automotive platform.