GPU

The week began Nvidia Corporation (NASDAQ: NVDA) unveiling its next major AI chip which will likely make life harder for its competitors, Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC), who are trying to catch up. With its stock rising more than 230% year-to-date and...

Advanced Micro Devices Inc’s (NASDAQ:AMD) CEO Lisa Su has high hopes for the company’s new MI300 in terms of driving, or rather commanding, revenues. “We now expect Data Center GPU revenue to be approximately $400 million in the fourth quarter and exceed $2 billion in 2024 as...

Tether Group, the issuer of stablecoin Tether (CRYPTO: USDT), is buying thousands of Nvidia (NASDAQ: NVDA) H100 GPUs for $420 million. The deal includes a 20% stake in German-listed bitcoin miner Northern Data, which intends to rent the chips to artificial intelligence (AI) startups. Tether will...

Arm Holdings PLC (NASDAQ: ARM), the company behind the CPUs essential for Nvidia Corp.’s (NASDAQ: NVDA) GPUs in artificial intelligence (AI) operations, debuted in the market Thursday. The company recorded the largest IPO of 2023 with a valuation of $54.5 billion. The shares,...

As the global tech sector grapples with supply chain disruptions, NVIDIA Corporation (NASDAQ:NVDA) has reportedly made a bold move to triple the production of its highly sought-after H100 AI processor for the year 2024. This strategic response comes as supply chain challenges...

Nvidia’s AI-generated rally has pushed its earnings multiple above Tesla Inc‘s. Nvidia Corp. (NASDAQ:NVDA) shares have surged 180% this year alone, making it the top performer in the S&P 500. The company’s market value now surpasses $1 trillion, ranking it 5th among U.S....

Technology giant Nvidia Corporation (NASDAQ: NVDA) is one of the companies that could benefit from increased use of chatbots like ChatGPT, according to a new analyst note. Here’s the potential market size Nvidia could be looking at and why it’s important. What Happened: Nvidia reported...

Technology giant NVIDIA Corporation (NASDAQ: NVDA) beat revenue estimates from analysts and came up short on earnings per share, according to its third-quarter financial results. Here are what analysts are saying after the report: Goldman Sachs analyst Toshiya Hari has a Neutral rating and a price...

Intel Corp's (NASDAQ: INTC) Innovation 2022 event kicked off Tuesday morning when CEO Pat Gelsinger outlined his vision for the company's future and announced a flurry of new product updates. "Technology is increasingly central to every aspect of human existence,...

Nvidia Corporation (NASDAQ: NVDA), a graphics chip manufacturer and investor favorite, reported in a filing with the Securities and Exchange Commission on Wednesday that the Biden administration has put restrictions in place that prevent the chip giant from selling its A100 and H100 chips to Russia...

NVIDIA Corporation's (NASDAQ: NVDA) name has become synonymous with discrete GPUs and it is the unparalleled leader in the segment. The latest estimates by Statista showed Nvidia dominating with roughly 83% market share compared to rival Advanced Micro Devices, Inc.'s (NASDAQ: AMD) 17...

What Happened: NVIDIA Corporation (NASDAQ: NVDA) announced the creation of a new product offering – the NVIDIA CMP, meant exclusively for cryptocurrency mining in February. In order to separate its product offerings between gamers and miners, NVIDIA limited the hash rate of its GeForce...

What Happened: Advanced Micro Devices, Inc. (NASDAQ: AMD) may be looking to release its own cryptocurrency mining-specific GPUs, according to reports. AMD’s GPUs were originally manufactured exclusively for Apple Inc (NASDAQ: AAPL), but a recent announcement from the...

NVIDIA Corporation (NASDAQ: NVDA) reported forecast-beating second-quarter results Wednesday and issued above-consensus third-quarter revenue guidance. The Nvidia Analysts: Reviewing the results, BofA Securities analyst Vivek Arya reiterated a Buy rating and increased the price target from $...

NVIDIA Corporation (NASDAQ: NVDA) has achieved a first of sorts, as its market capitalization outgrew that of rival Intel Corporation (NASDAQ: INTC) for the first time in Wednesday's session. Nvidia Topples Intel: Nvidia has gained about 70% year-to-date and is trading at a record high....