Nvidia sheds billions in value on tech wreck and antitrust investigation
Nvidia shares suffered their largest one-day drop ever amidst the artificial intelligence (AI) stock sell-off. The company is also facing an antitrust investigation due to…
Nvidia shares suffered their largest one-day drop ever amidst the artificial intelligence (AI) stock sell-off. The company is also facing an antitrust investigation due to…
Nvidia surpassed market expectations with its quarterly results but fell short of analysts' estimates for growth in the current quarter. As a result, its shares…
How much hype is left in Nvidia's stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question…
US chip maker to cut 15 percent of workforce as part of efforts to cut costs by $10bn in 2025.Chipmaker Intel has announced plans to…
Californian-based chip maker adds $330bn to market value in a single day, blasting past previous record.Nvidia has recorded the biggest daily jump in market value…
Chip giant’s market capitalisation hits $3.335 trillion as stock prices continues its stellar rise. Nvidia, the startup at the centre of the artificial intelligence boom,…
Most of the Magnificent Seven tech stocks are contributing strongly to the S&P 500’s advancements at the moment, with other sectors such as healthcare and…
The United States Department of Justice and the Federal Trade Commission (FTC) have reportedly reached a deal on how they will pursue an antitrust investigation…
Nvidia overtakes Apple in market cap, topping $3 trillion one day before the 10-for-1 share split commencement. ADVERTISEMENTThe AI powerhouse Nvidia saw its shares surge…
Chipmaker’s market capitalisation passes $3 trillion after latest rally in stock price. Nvidia has overtaken Apple to become the world’s second-most valuable company, with furious…
Top executive says AI likely to affect healthcare more than any other area of life. Taipei, Taiwan – Generative artificial intelligence (AI) has already brought…
In the week ahead, global manufacturing PMIs, inflation data from the United Kingdom (UK), and Nvidia’s quarterly results will be in the spotlight for the…
Nvidia CEO Jensen Huang tells developers conference that computing is advancing at an ‘insane’ rate. Nvidia has unveiled its latest family of chips for powering…
Euronews Business rounds-up the week's market action as investors digest the week's earnings and economic data. ADVERTISEMENTAt the time of writing, the FTSE 100, France's…
In short: Chipmaker Nvidia has posted a record revenue figure of $US22.1 billion for the December quarter — up 265 per cent on the prior year.Its…
Nvidia's earnings report exceeded forecasts, with a 22% quarterly and 265% yearly revenue spike to $22.1 billion (€20.46 billion) on the heels of AI-driven growth,…
Nvidia is already popular among investors with its market capitalisation rising to $1.83 trillion on Wednesday, surpassing Alphabet’s $1.82 trillion market cap - and now…
Forecast beat expectations by billions of dollars, a continuing boom in generative AI tech that it powers almost alone. Chip designer Nvidia has forecast third-quarter…
US company dominates market for chips used to power ChatGPT and many similar services, a key reason behind its stock surge. Nvidia Corp stock has…