NVIDIA

It was a week filled with significant developments in the tech industry, with major players making headlines for various reasons. From Baidu’s shift from NVIDIA to Huawei for AI chips to Microsoft’s internal access restriction to OpenAI’s ChatGPT, the tech world was buzzing with...

In a significant industry shift, Baidu Inc. (NASDAQ:BIDU) reportedly ordered AI chips from Huawei moving away from long-time supplier Nvidia Corporation (NASDAQ:NVDA), signaling changes in global tech alliances. What Happened: Baidu secured a deal with Huawei for the supply of artificial...

In a fascinating revelation, it has been discovered that the CEOs of Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD), both frontrunners in the global AI chip industry, share a family connection. What Happened: Nvidia’s Jensen Huang and AMD’s Lisa Su are...

In a span of less than eight months, Chinese startup 01.AI has achieved a $1 billion valuation. The artificial intelligence (AI) firm, founded by AI trailblazer Kai-Fu Lee, who headed Google in China, has launched a new open-source AI model that surpasses the performance of industry...

Semiconductor companies NVIDIA Corp (NASDAQ:NVDA)  and Advanced Micro Devices Inc (NASDAQ:AMD), known for their graphics processing units (GPUs), saw their stock prices benefiting from the boom in cryptocurrencies.  What Happened: These GPUs, originally designed for high-end video game...

U.S. stocks showcased a downward trend as trading neared its end on Wednesday. The Dow Jones index witnessed a decline of over 100 points, marking a 0.32% drop to 33,035.93. Meanwhile, the NASDAQ took a steeper plunge, falling by 2.43% to 12,821.22. The S&P 500 wasn’t far behind,...

U.S. stocks traded lower toward the end of trading, with the S&P 500 falling more than 1.3% on Wednesday to 4,314.60. The Dow traded down 0.98% to 33,665.08 while the NASDAQ fell 1.62% to 13,314.30. These are the top stocks that gained the attention of retail traders and investors throughout...

U.S. stocks exhibited a mixed performance as the trading day drew to a close, with the Nasdaq Composite taking a dip of around 30 points. The Dow Jones Industrial Average marginally rose by 0.04% to settle at 33,997.65, while the NASDAQ saw a 0.25% reduction, ending the day at 13,533.75. The S&...

On the ongoing Israel-Hamas conflict, prominent tech leaders such as Elon Musk, Sundar Pichai, Satya Nadella, and more have responded with unequivocal condemnation, expressing their concerns and condolences.  What Happened: The Israel-Hamas conflict, marked by a barrage of rocket attacks and...

An employee of Nvidia Corp. in Israel has been abducted by Hamas amid escalating tensions. According to a Business Insider report, Nvidia’s CEO, Jensen Huang, disclosed the incident in a company-wide email sent on Sunday. The employee was featured in a viral video as part of a...

Analysts at TD Cowen assert that the Nvidia Corporation (NASDAQ:NVDA) stock still has significant growth potential, following a revision of their price target on the semiconductor firm. As reported by Barron’s, the analyst team led by Matthew Ramsay upheld their...

Specialty-semiconductor stocks, Skyworks Solutions Inc. (NASDAQ:SWKS) and Qorvo, Inc. (NASDAQ:QRVO), have been downgraded by Citi analysts following concerns over increased competition from China. However, the stocks of Nvidia Corporation (NASDAQ:NVDA) and Marvell...

OpenAI, the parent organization of viral AI chatbot ChatGPT, has reportedly considered the development of its own AI chips and might be exploring potential acquisition options.  What Happened: OpenAI has been actively exploring strategies to address the persistent shortage of AI...

With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds.  As one of the most promising unicorns backed by chipmaker Nvidia Corp., the company raised over $500 million in...

On Monday, Cathie Wood-led Ark Invest made a notable move by selling nearly $4 million worth of NVIDIA Corp (NASDAQ:NVDA) shares. This significant trade comes in the wake of Wood’s previous remarks about the tech giant being “really expensive and very obvious”. The NVIDIA Trade...