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nvidia

Nvidia shares slide despite chip giant's bullish outlook: 'Age of AI is in full steam'

Expectations ran high ahead of Q3 results, with Nvidia shares up more than 20% over the last two months.

Sam Altman seeks investors for AI chipmaker to challenge Musk-friendly Nvidia: source

Rain AI says its chips are much more energy efficient and powerful than Nvidia’s, sources said. In June, the company hired former Apple chip executive Jean-Didier Allegrucci as head of...

Nvidia replacing fallen icon in Dow stock index after 25-year run

Nvidia has emerged as a cornerstone of the global semiconductor industry, and shares have risen more than two-fold this year alone.

Chipmaking giant Nvidia in talks with Elon Musk over investing in xAI: source

Chipmaking giant Nvidia is in talks with Elon Musk about investing in his fast-growing artificial intelligence startup xAI, a source close to the situation said.

Nvidia briefly overtakes Apple as world's most valuable company

Nvidia's stock has risen about 18% so far in October, with a string of gains coming after OpenAI, the company behind ChatGPT, announced a funding round of $6.6 billion. 

ChatGPT owner OpenAI valued at whopping $157B — asks investors not to fund Elon Musk's upstart rival xAI

The closing of the funds coincides with the company's ongoing restructuring efforts and executive changes, including the abrupt departure of its longtime Chief Technology Officer last week.

Nvidia CEO loses $10B as company's stock plummets

Jensen Huang, the 61-year-old Taiwanese-born executive who cleaned bathrooms, saw his fortune shrink on Tuesday to $94.9 billion, according to Bloomberg.

Nvidia hit with DOJ subpoena as part of antitrust probe: report

The antitrust watchdog had previously delivered questionnaires, and has now sent legally binding requests to Nvidia, according to Bloomberg News.

Dow finishes at another record as investors shift Nvidia focus to the economy

The blue-chip index closed at a record for the third time this week.

Nvidia's rise a testament to American success — and why government should get out of the way

Wednesday evening, computer chip and software maker Nvidia announced it made $30 billion in revenue last quarter — double what it made a year ago, and beating Wall Street expectations.

Nvidia stock down as tech firm fails to impress with Q3 revenue forecasts

Investors had lofty expectations from the chipmaker, following a more than seven-fold surge in Nvidia's shares over the last two years.

Google, Meta workers envy Nvidia staffers bragging over fat paychecks: 'Bought a 100K car ... all cash'

Under CEO Jensen Huang's leadership, Nvidia's stock has surged by more than 3,700% in the last five years.

Nvidia CEO reluctant to fire employees — preferring to 'torture them into greatness'

Huang's employees can work as much as seven days a week, sometimes as late as 2 a.m. but reportedly stick around because of the lavish compensation.

Nvidia employees often work 7 days a week until 2 a.m. -- but here's why few of them leave

Ten people who either worked at the company or are still employed at the firm described the environment as a pressure cooker.

Magnificent Seven stocks lose over $650B during Wall Street meltdown

The iPhone maker joined mega-cap tech peers NvIdia, Alphabet, Tesla, Microsoft, Meta and Amazon in plunging as 6.5%.

Jeff Bezos to sell $5B worth of Amazon shares as stock hits all-time high

The notice came as Amazon shares closed at $200, the highest since the company's listing in the late 1990s.

AI a 'fire accelerator' for Big Tech antitrust abuses, international regulator warns

Powerful AI systems “will make all the problems only worse,” said Andreas Mundt, who cited fears that users won’t be able to avoid Big Tech platforms in favor of alternative...

After surpassing Microsoft, can chipmaker Nvidia remain world's most valuable company?

Nvidia recently surpassed Microsoft to become the world's most valuable company. Can it continue?

Stock market could drop 5% or more before end of 2024: Wall Street analyst

CFRA Research's chief investment strategist said a tech-driven recent rally of share prices could come to an end after data for June showed that Americans were feeling gloomy about the...

AI chipmaker Nvidia surpasses Apple, Microsoft to become world's most valuable company

The latest uptick pushed Nvidia’s market cap to a whopping $3.33 trillion. Microsoft fell to second place with a valuation of $3.32 trillion, followed by Apple at $3.28 trillion.