November 18, 2024

Category: United States Finance

Nvidia Stock (NVDA) Is Still a Long-Term Winner, No Matter the Noise #NewsUnitedStates
United States Finance

Nvidia Stock (NVDA) Is Still a Long-Term Winner, No Matter the Noise #NewsUnitedStates

CashNews.co Artificial Intelligence (AI) prodigy Nvidia (NVDA), the world’s third-highest-valued stock, experienced a material decline in market capitalization following its Q2 earnings in late August. However, NVDA stock has shown some vigor again, rising 5% in the last week. After temporarily surpassing the $3 trillion milestone earlier this year, investors are wondering what the future […]

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Nvidia’s CEO Just Explained Why This Is the Artificial Intelligence (AI) Chip Stock to Own #NewsUnitedStates
United States Finance

Nvidia’s CEO Just Explained Why This Is the Artificial Intelligence (AI) Chip Stock to Own #NewsUnitedStates

CashNews.co No company has been a bigger winner than Nvidia (NASDAQ: NVDA) as nearly every tech company has collectively poured billions of dollars into developing their generative AI (artificial intelligence) capabilities. The company has added $2.5 trillion to its market cap over the last two years as sales and profits exploded with the demand for its […]

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China Urges Local Companies to Stay Away From Nvidia’s Chips #NewsUnitedStates
United States Finance

China Urges Local Companies to Stay Away From Nvidia’s Chips #NewsUnitedStates

CashNews.co (Bloomberg) — Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence chips instead of Nvidia Corp. products, part of the nation’s effort to expand its semiconductor industry and counter US sanctions. Most Read from Bloomberg Chinese regulators have been discouraging companies from purchasing Nvidia’s H20 chips, which are used […]

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NVIDIA (NasdaqGS:NVDA) Strengthens AI Leadership with Salesforce Alliance and Record Q2 Earnings #NewsUnitedStates
United States Finance

NVIDIA (NasdaqGS:NVDA) Strengthens AI Leadership with Salesforce Alliance and Record Q2 Earnings #NewsUnitedStates

CashNews.co NVIDIA(NasdaqGS:NVDA) is navigating a dynamic period marked by both impressive growth and significant challenges. Recent highlights include record-breaking revenue growth driven by the Data Center segment and innovative product launches, counterbalanced by increased operating expenses and competitive pressures in China. In the discussion that follows, we will explore NVIDIA’s core advantages, critical issues, growth […]

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Intel rejects Arm’s approach for product division, Bloomberg News reports #NewsUnitedStates
United States Finance

Intel rejects Arm’s approach for product division, Bloomberg News reports #NewsUnitedStates

CashNews.co (Reuters) -Arm Holdings approached Intel about potentially acquiring the company’s product division but was told that the business is not for sale, Bloomberg News reported on Thursday. The British chip firm did not express interest in Intel’s manufacturing operations, the report added, citing a person familiar with the matter. The report did not mention […]

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