Nvidia announced major AI partnerships with Palantir, T-Mobile, Uber and other companies to advance artificial intelligence infrastructure across industries.
Nvidia CEO Jensen Huang said at the company's GTC conference on Tuesday that its Blackwell graphics processing units — the company's fastest AI chips — are now in full production in Arizona. Much of what Nvidia announced on Tuesday at its conference was for an audience of policymakers to convince them of the essential role that Nvidia plays as an American technology company.
Semiconductor stocks power the AI era, tested by trade tensions and rich valuations. NVIDIA leads, while STMicroelectronics eyes recovery.
Nvidia CEO Jensen Huang delivers keynote address in Washington, DC.
Recently, Zacks.com users have been paying close attention to Nvidia (NVDA). This makes it worthwhile to examine what the stock has in store.
Shares of NVIDIA Corp. (NASDAQ:NVDA) climbed 6.55% over the past five trading sessions after losing 2.08% the five prior.
President Donald Trump announced on Tuesday, October 28, that he would be meeting with Nvidia (NASDAQ: NVDA) CEO Jensen Huang on Wednesday.
Nvidia stock was edging down as Wall Street assesses the competitive threat from Qualcomm.
Nvidia Corporation reported strong Q2 FY26 results, with 55% growth across its consolidated topline, driven by robust AI-related demand. NVDA's Blackwell GB300 platform adoption in the data centers end market and tailwinds from global AI infrastructure spending are expected to fuel growth in FY26 and beyond. Despite trading at a premium, NVDA's unrivaled AI leadership and strong double-digit growth expectations keep NVDA stock a solid Buy for the long term.
Nvidia, a brand that has become synonymous with artificial intelligence (AI), has 95% of its $4.3 billion portfolio invested in CoreWeave and Arm. CoreWeave has been recognized as the best GPU cloud on the market due to its superior performance and close relationship with Nvidia.
Nvidia quickly became the gold standard for powering AI, which experts believe is still in the early innings. The chipmaker's graphics processing units (GPUs) provide the computational horsepower fueling the next generation of AI.
The great Nvidia (NASDAQ:NVDA) has had a rather lukewarm year, rising just north of 31% while comfortably topping the Nasdaq 100, which is up close to 20%.