Nvidia Corp (NASDAQ:NVDA, ETR:NVD) has produced its first Blackwell wafer in the United States at Taiwan Semiconductor Manufacturing Company's (TSMC) Phoenix, Arizona, facility. The wafer is the base material for Nvidia's next-generation Blackwell AI chips, designed to improve performance while reducing energy consumption and cost compared with previous architectures.
Banking giant Citi has weighed in on the ongoing debate surrounding artificial intelligence (AI) valuations, concluding that despite rapid gains, AI stocks have not yet entered bubble territory.
Nvidia CEO Jensen Huang says the U.S. is entering an AI-powered industrial revolution, crediting President Donald Trump's tariffs for accelerating chip manufacturing.
NVIDIA (Nasdaq: NVDA) kicked off a historic wave of deals with OpenAI on September 22nd when the company announced it was investing up to $100 billion into OpenAI as part of a new partnership.
Earlier this year, many hedge funds began betting against Nvidia (NVDA 0.86%) by shorting the stock.
NVIDIA CEO Jensen Huang plans to meet "global leaders and top Korean executives" when he attends the Asia-Pacific Economic Cooperation CEO Summit in South Korea this month, the U.S. AI chipmaker said in a statement on Sunday.
Steven A. Cohen is one of the most fascinating money managers of the modern era. As the billionaire founder of Point72 Asset Management and owner of the New York Mets, Cohen has long been a larger-than-life personality on Wall Street.
October 14, 2022, marked the bottom of the last bear market, which lasted around nine months. By its end, the Dow dropped 20%, the S&P 500 was 25% lower, and the NASDAQ was down 36%.
Nvidia (NASDAQ: NVDA) CEO Jensen Huang has sold a substantial amount of company stock, continuing his renewed selling spree amid the equity's rally.
Nvidia and TSMC will announce on Friday their first completed U.S.-made wafer that will eventually become Blackwell chips for AI purposes, Axios reported.
Nvidia Corporation combines a booming core AI chip business with a strategic venture portfolio, enhancing long-term growth and stability. NVDA's investments in OpenAI, CoreWeave, and Wayve (among others) offer significant upside potential and help de-risk the company's exposure to semiconductor cyclicality. Despite trading at a premium valuation (44x P/E), NVDA's superior growth prospects and venture stakes justify a bullish outlook.
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