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Nvidia stock surges
Nvidia Shares Jump After CEO Jensen Huang Notes ‘Insane’ Demand For Blackwell AI ‘Superchip’
Nvidia chief Jensen Huang said during an interview with CNBC on Wednesday that demand for the tech giant’s Blackwell “Superchip” is “insane,” sending Nvidia shares up more than 3% on Thursday. Nvidia shares reached as high as $124.26 on Thursday before cooling down to $122.80 at market close, a 3.3% jump.
Watch These Nvidia Stock Price Levels After CEO Cites "Insane" Demand for AI Chips
Nvidia (NVDA) shares will remain in the spotlight Thursday after CEO Jensen Huang said during a CNBC interview late yesterday that demand for the company’s next generation Blackwell artificial intelligence (AI) chips is “insane.
Nvidia stock surges as CEO touts ‘insane’ demand for new Blackwell AI chips
The Gen AI boom, of course, quickly made Nvidia, which has added more than $2 trillion to its market cap in just over a year, one of the world’s largest companies. The stock accounted for roughly 30% of the S&P 500’s gains in the first half of the year, with shares up over 154% year to date.
9h
on MSN
Cisco is reportedly close to investing in Nvidia-backed AI startup CoreWeave
Cisco Systems Inc. is close to investing in artificial intelligence startup CoreWeave in a deal that values the company at ...
3h
Nvidia's Top Brass Unloaded Significant Stock In 2024 Amid AI Spending and Chip Delays
Nvidia Corp. (NASDAQ:NVDA) insiders have been actively selling shares, tallying transactions over $1.8 billion, with ...
The Tech Report
10h
Nvidia’s NVLM Is a Game-Changing Open-Source AI Model
Nvidia is ready to take on AI giants OpenAI and Google through its open-source LLM called NVLM that boasts better accuracy ...
12h
Nvidia's 'insane' chip demand, OpenAI's big money, and Google's next move: AI news roundup
OpenAI (MSFT) announced it had completed a $6.6 billion funding round, valuing it at $157 billion. The artificial ...
2d
The Ultimate Artificial Intelligence (AI) Stock to Buy Hand Over Fist Right Now (Hint: It's Not Nvidia)
This chip stock is not only cheaper than Nvidia, but it is set to grow at a faster pace than the AI pioneer as well.
24/7 Wall St
3h
NVIDIA (NVDA) Price Prediction and Forecast
NVIDIA continues to fuel the AI stock rally in 2024. Our analysis shows that may be the case for the foreseeable future.
2d
Accenture forms Nvidia business group to scale enterprise AI adoption
Accenture has formed an Nvidia business group with 30,000 professionals to receive training to help enterprises scale up for ...
3d
Why Nvidia, Micron, Broadcom, and Other Artificial Intelligence (AI) and Semiconductor Stocks Slumped on Tuesday
The semiconductor industry has been on an epic run since early last year. The risk of a short-term disruption just increased ...
3d
Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market
Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on ...
9h
Corporate adoption is turbocharging the AI market, says top tech analyst
Wedbush analysts said in a Thursday note to investors that OpenAI has been the “linchpin” to AI success and adoption. “We ...
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