Artificial Intelligence (AI) stocks were battered over the summer. The VanEck Semiconductor ETF, which is chock-full of semiconductor stocks that are tied to the AI sector, fell as much as 25% from the all-time high it set in July. Nevertheless, I remain bullish on AI. Investors have only seen the beginning stages of how this…
It’s hard not to get caught up in the hype with artificial intelligence (AI) when analysts are projecting so much growth. Grand View Research projects that by 2030, the AI market will be worth $1.8 trillion, up from approximately $279 billion this year. With growth like that, investors who don’t own AI stocks could feel…
The meeting was hosted by the Massachusetts Institute of Technology (MIT). New York: Prime Minister Narendra Modi today convened a high-profile roundtable with top American technology CEOs, focusing on innovation, collaboration, and India’s growing tech space. The meeting, held at the Lotte New York Palace Hotel, was part of PM Modi’s three-day visit to the…
Over the last two years, the hype around the artificial intelligence (AI) boom has led to incredible operating momentum for Nvidia (NASDAQ: NVDA), the company that designs and manufactures most of the industry’s chips. But while business is roaring, the company’s stock price seems to have hit a roadblock. Let’s discuss why this might be…
The popularity of stock splits has seen a resurgence in recent years. While the procedure was common throughout the 1990s, it had faded into near obscurity before enjoying a renaissance over the past decade. Companies will normally embark on a stock split after years of strong operational and financial results have driven a surging stock…
Graphics processing units (GPUs) have been Nvidia‘s (NASDAQ: NVDA) bread-and-butter business for a long, long time. The company initially made its name producing GPUs meant for deployment in personal computers (PCs) for gaming and content creation, before eventually striking gold with its data center GPUs that are now in red-hot demand thanks to artificial intelligence…
Nvidia (NASDAQ: NVDA) stock is jumping Thursday following the Federal Reserve’s recent interest rate cut. The company’s share price was up 4.9% as of 3 p.m. ET. 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…
Consultancy PwC estimates artificial intelligence (AI) will contribute more than $15 trillion to the global economy by 2030. Investors hoping to benefit are piling into AI stocks, and Nvidia (NASDAQ: NVDA) and Palantir Technologies (NYSE: PLTR) have been two of the most popular choices. In the last two years, Nvidia shares surged 728%, and Palantir…
For many investors, Nvidia (NASDAQ: NVDA) has emerged as the quintessential artificial intelligence (AI) stock. That’s because the company’s graphics processing units (GPUs) are the industry standard in accelerating complex data center tasks, such as training machine learning models and running AI applications. Nvidia shares have surged 780% since the generative AI application ChatGPT went…
The U.S. economy has a history of producing the world’s most valuable companies. United States Steel became the first-ever $1 billion company in 1901, and 117 years later, Apple became the first company in the world to surpass a $1 trillion valuation. Apple is now worth over $3 trillion, but since 2018, tech giants Nvidia,…