The Nvidia CEO says he doesn't think the U.S. is far ahead of China in AI development, while President Donald Trump has suggested no other country poses a serious threat to the U.S.'s lead.
This wasn't going to be one of those eventful weeks for economic data anyway. Aside from a delayed Trade Deficit and sure-to-be-postponed Weekly Jobless Claims and Inventories numbers later in the coming days, the federal government shutdown which began last week hasn't impeded much data so far, at least for this week.
Tom White and Diane King Hall set up Wednesday's trading day with a look at Gold. The precious metal has continued to hit new all-time highs this week, as it pushed above $4070.
xAI reportedly is looking to raise $20 billion — with Nvidia as one of the investors.
Nvidia CEO Jensen Huang sits down with 'Mad Money' host Jim Cramer to talk the state of the AI and semiconductor landscape, competition in the space, President Trump, and much more.
Elon Musk's xAI is raising more financing than initially planned, including an equity investment from Nvidia , to bring its ongoing funding round to $20 billion, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
Goldman Sachs remains bullish on Nvidia Corp (NASDAQ:NVDA, ETR:NVD) as investors debate the nature of recent strategic investments in firms such as OpenAI and the extent to which these could be recycled by investees as GPU spending, which is recognized by Nvidia as “circular” revenue. This circular revenue arises because Nvidia both supplies GPUs to investees and takes an equity stake, meaning some revenue flows back into the company's ecosystem.
Shares of NVIDIA Corp. (NASDAQ:NVDA) gained 1.04% over the past five trading sessions after gaining 1.40% the five prior.
Will Nvidia stock (NASDAQ: NVDA) reach $350 in the upcoming years? This likelihood is more than mere speculation.
As AI infrastructure spending continues to rise, one bull sees a path for Nvidia's stock to reach $275
A Wall Street analyst has cautioned Nvidia (NASDAQ: NVDA) investors that the chipmaker's explosive growth may not be entirely organic.
Taiwan's Foxconn, which makes servers for the chip designer, posted record revenue for the third quarter.