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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.
7h
Chinese AI firms on track to narrow gap despite Nvidia controls
China's AI companies remain on track to further narrow the performance gap with their US peers as earlier concerns about ...
17h
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 ...
12h
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 ...
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 ...
The Tech Report
19h
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 ...
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.
20h
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 ...
8h
on MSN
Nvidia remains among top, large cap AI picks: William Blair
Nvidia remains among the top picks for large cap generative artificial intelligence companies, according to William Blair.
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 ...
24/7 Wall St
12h
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.
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