To put this figure into some perspective, the loss is comparable to the GDP output of a small country, such as Norway, Singapore, or the UAE, for example. Global semiconductor stocks experienced volatility on Tuesday following a decline in Nvidia’s shares from the previous trading sessions. Shares of chip firmsRead More →
The Dow Jones Industrial Average gained as investors rotated out of ‘hot’ chip stocks, including Nvidia. Nvidia shares fell a little under 7% on Monday 24th June 2024, the chipmaker’s third down day in a row. The stock is down 13% from its peak last week. Other stocks that alsoRead More →
The little-known company, Nvidia, now stands alongside Apple and Microsoft in market cap valuation thanks to AI. In just a little over a year it has all but tripled its market valuation and become a go to investment on Wall Street and around the world. Nvidia’s market capitalization has recentlyRead More →
The S&P 500 retreated on Thursday 20th June 2024, having momentarily surpassed the 5500 for the first time ever, as Nvidia, a favourite stock with Wall Street investors, relinquished its earlier gains. The S&P 500 index fell 0.25% to end at 5473. Earlier in the session, the S&P 500 gainedRead More →
Nvidia, traditionally recognised within the gaming community for its graphics chips, has become the world’s most valuable publicly traded company. On Tuesday 18th June 2024, Nvidia’s shares rose by 3.6%, increasing its market cap to $3.34 trillion and overtaking Microsoft, now valued at $3.32 trillion. Earlier in the month, Nvidia’sRead More →
Nvidia’s swift ascent is poised to prompt a major technology exchange-traded fund to acquire more than $10 billion in shares of the semiconductor maker, consequently reducing its shareholding in Apple. The Technology Select Sector SPDR Fund (XLK), which will rebalance soon, is guided by an index that will adjust basedRead More →
The S&P 500 reached a new high as Nvidia surpassed the $3 trillion mark for the first time, and the anticipation of an interest rate cut grew due to softer-than-expected job data. S&P 500 all-time high as of 5th June 2024 Similarly, the Nasdaq 100 and Nasdaq Composite achieved newRead More →
Nvidia has revealed its latest generation of AI chips, coming just months after the release of its preceding model. This rapid succession underscores the intense competition within the AI chip market and Nvidia’s relentless effort to maintain its leading position. CEO Jensen Huang has now committed to unveiling new AIRead More →
Nvidia’s shares surpassed $1,000 for the first time during extended trading on Wednesday 22nd May 2024, following the chip manufacturers report of fiscal first-quarter (Q1) earnings that exceeded analysts’ expectations. Investors have been using Nvidia’s performance as a barometer for the AI industry’s growth, which has captivated the market overRead More →
NVIDIA Corporation (NVDA) has experienced remarkable growth over the past decade. Historical stock price trends As of 10th May 2024, NVIDIA’s closing stock price stood at: $898.78 NVIDIA’s stock reached an all-time high of $950.02 on 25th March 2024. The 52-week high stands at $974.00, which is 9.7% higher thanRead More →
Nvidia, manufacturer of one of the most advanced graphics processing units (GPUs), has significantly benefited from the artificial intelligence (AI) surge due to the high demand for its microchips. The company’s shares have fallen 10% from their recent all-time high, which was over $950. On Tuesday, 9th April 2024, theRead More →
NVIDIA reportedly introduced about twenty or so new AI-driven tools tailored for healthcare at its 2024 GTC AI conference, securing partnerships with Johnson & Johnson and GE Healthcare for surgical and medical imaging applications. For the AI chip pioneer, venturing into healthcare represents a decade-long development effort with substantial revenueRead More →
Nvidia have announced a new generation of artificial intelligence chips and software for running AI models. It’s called: The Blackwell B200 GPU Blackwell B200 GPU The Blackwell B200 is the successor to Nvidia’s Hopper H100 and H200 GPUs. It represents a massive generational leap in computational power. AI Performance: TheRead More →
The excitement surrounding artificial intelligence (AI) technology appears to show few signs of abating The technology company at the heart of the AI chip boom reported its Q4 earnings after the stock market’s close on Wednesday 21st February 2024, beating expectations for both earnings and sales. The company’s total revenue is up 265% fromRead More →
Nvidia’s revenue grew 206% from year 2022 during the quarter ending 29th October 2023, according to data from Nvidia. Net income, at $9.24 billion, or $3.71 per share, was up from $680 million, in the same quarter of 2022. The company’s data centre revenue came in at: $14.51 billion, up aRead More →
Nvidia stock closes at all-time high, a day before earnings Shares of Nvidia closed up 2.3% at an all-time high of $504 on Monday 20th November 2023. The record comes ahead of the company’s Q3 results due Tuesday 21st November 2023, when analysts are expecting to see revenue growth of over 170%.Read More →
Nvidia has recently announced its latest high-end chip, the GH200 Grace Hopper Superchip, which is designed for training AI models at giant scale. The GH200 is a breakthrough accelerated CPU that combines the NVIDIA Grace™ and Hopper™ architectures using NVIDIA® NVLink®-C2C to deliver a CPU+GPU coherent memory model for AIRead More →
The U.S. reportedly announced new restrictions on exports of advanced chips to China, including two made-for-China chips from Nvidia. U.S. chip stocks fell as the curbs also hit Advanced Micro Devices and Intel. Loopholes The curbs are aimed at closing loopholes that became apparent after the U.S. announced export curbs on microchipsRead More →
Nvidia shares rose 4.2% Tuesday 29th August 2023 to close at a record high, after the company announced a partnership with Google that could expand distribution of its artificial intelligence technology (AI). The stock’s bountiful run continued, now up 234% in 2023, making it by far the best performer in the S&P 500.Read More →
Technology giant Nvidia reports its sales have hit a record after more than doubling as demand for its artificial intelligence (AI) chips take off! It figures The company says revenue jumped to above $13.5bn (£10.6bn) for the three months to the end of June. Nvidia also expects sales to performRead More →
During intraday trading on Wednesday 26th June 2024, Amazon’s market capitalisation surpassed $2 trillion. The company now stands among other tech giants like Nvidia, Apple, Alphabet, and Microsoft, which have also achieved a market cap of over $2 trillion ($3 trillion for in Nvidia Apple and Microsoft). Amazon’s shares haveRead More →
The S&P 500 climbed on Monday 17th June 2024, closing at a new record high aided by the substantial weighted rebalancing of an ETF. The index concluded at 5473, while the Nasdaq Composite soared to 17857. The Dow Jones Industrial Average gained 188.94 points, finishing at 38778. These gains occurredRead More →
The S&P 500 and Nasdaq Composite reached new closing highs on Tuesday 11th June 2024, propelled by Apple as the tech giant’s stock hit a record itself. The S&P 500 index climbed to a new high to close at 5375, while the Nasdaq Composite finished the day at 17343. BothRead More →
While Nvidia continues to dominate the AI chip market headlines, Infineon, a German semiconductor company, is also making waves. Infineon is capitalizing on the AI surge, aiming to generate billions in revenue through the sale of premium chips. As AI applications proliferate, encompassing data centre servers and integrated chipsets forRead More →
Kneron, a startup specializing in artificial intelligence chips, unveiled its latest products on Wednesday 4th June 2024. The company aims to exploit the growing world-wide interest in AI and provide an alternative to industry heavyweights such as Nvidia and AMD. The company, headquartered in Taiwan and supported by American semiconductorRead More →
Intel announced its new Xeon 6 processors at the Computex tech conference in Taiwan on Tuesday 4th June 2024. This announcement coincides with the recent launches of new artificial intelligence chips by rivals Nvidia and AMD on Sunday and Monday 2nd and 3rd June 2024 – as they compete forRead More →