Palantir, NVIDIA stocks slip
Digest more
NVIDIA Preps New, More Powerful Chip for China
Digest more
51m
Futurism on MSNAI Industry Trembles as Nvidia's Stock Nosedives
Shares of AI chipmaker Nvidia plunged on Wednesday, dropping by over two percent in early trading. A major tech selloff caused major players in the AI industry to lose out big. Nvidia, in particular,
A number of chip startups are challenging Nvidia’s dominance in the AI space, offering dedicated processors that are just as fast but require a lot less power.
Explore the unique design and technology behind Nvidia's stunning Santa Clara headquarters, built for $920 million using its own cutting-edge tech. Learn how triangles reflect Nvidia's history and how the campus merges nature with innovation.
The Chinese impact on Nvidia is significant. KeyBanc raised its Q2 revenue estimate to $47.1 billion from $45.1 billion, above Wall Street’s consensus of $45.7 billion. It raised earnings per share to $1.05 from $0.99, slightly above consensus of $1.00.
The other scorching-hot artificial intelligence stock that stands out in Nvidia's $4.33 billion investment portfolio is semiconductor colossus Arm Holdings ( ARM -5.00%). Nvidia closed out June with the same number of shares of Arm as it had in March (1,101,249), which worked out to a market value of $178.1 million.
5hon MSN
Nvidia's results likely another 'positive catalyst' for investors as AI use cases rise: Wedbush
Nvidia's (NVDA) upcoming quarterly results on August 27 are likely to be another “positive catalyst” for investors, Wedbush Securities said. Read for more.
Nvidia is set to beat expectations, with strong revenue forecast of $48b for Q2 and expected growth through 2026, driven by demand for AI and new Blackwell architecture.
3don MSN
Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia by 2030
Meta is another major Nvidia customer, but unlike Amazon, it only uses Nvidia chips for its own AI needs. In fact, it might be spending more on its own AI needs than any other company in the world. And Meta's second-quarter results are a clear example of why it's willing to spend so much.
8don MSN
Nvidia, AMD to pay U.S. government 15% of China AI chip sales in an unusual export agreement
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
I would like to receive updates and special offers from Dow Jones and affiliates. I can unsubscribe at any time.