Topline A rare down week for the stock market got dimmer Wednesday, as an $11 billion hamburger selloff and big-ticket losses for big technology stocks pushed U.S. equity indexes to their worst day in six weeks. Traders work on the floor of the New York Stock Exchange on Tuesday. Getty Images Key Facts By mid-afternoon,…
Wall Street’s bullishness for Nvidia stock endures even as shares trade at record highs. Analysts are upbeat about the next-gen Blackwell chip and Nvidia’s web of enterprise partnerships. Bank of America and Goldman Sachs are among the banks that have raised price targets in recent weeks. Thanks for signing up! Access your favorite topics in…
One of the most important pieces of generative artificial intelligence (AI) development is sophisticated chipsets called graphics processing units (GPUs). Right now, Nvidia (NASDAQ: NVDA) absolutely dominates the GPU realm thanks to its A100 and H100 chipsets. While these products contributed to record revenue and profit growth for Nvidia over the last couple of years,…
NurPhoto / Contributor / Getty Images Key Takeaways Nvidia’s market capitalization overtook Microsoft’s on Monday, making it the second-largest company in the world behind Apple. The semiconductor company and its partners are seeing robust demand for products to support artificial intelligence (AI). Analysts suggested Nvidia shares could still climb higher, given the strength of AI…
Artificial intelligence (AI) leader Nvidia (NASDAQ: NVDA) is set to host its 2024 AI Summit starting Oct. 7. The event will bring together leaders from across the industry to see and hear from some of the foremost minds in AI. It’s a chance to catch a peek at the future of this potentially revolutionary technology….
getty A year ago, there was only Nvidia (NVDA) in the AI race. But now investors are looking at Advanced Micro Devices (AMD) as a potential competitor. Which AI stock should have a place in your portfolio? Let’s lay out the details so you can decide. The State Of Nvidia Nvidia designs semiconductors for use…