Nvidia CEO Jensen Huang decided last week to sell over $31 million worth of the company’s stock in a move to entice investors.
Tags: Nvidia
US Tech Giants Suffer $1 Trillion Wipeout Following Massive Market Decline
Tech giants in the US lost approximately $1 trillion in market value this week due to recession fears and disappointing economic data, with sharp declines in Nvidia, Apple, and Amazon.
Nvidia’s AI Chip Faces Production Delay Due to a Design Flaw: Report
The Blackwell B200 AI chips will now take at least three more months to produce. Nvidia Corp. 's upcoming artificial intelligence chips are now facing production delays due to a design flaw, according to a report.
Nvidia Rival Groq Raises $640 Million in a New Funding Round
Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
Nvidia Finally Faces DOJ Antitrust Investigation After Push From Senator Warren and US Progressives
The U.S. Department of Justice has launched an antitrust investigation into Nvidia for allegedly misusing its dominant position in the AI chip market to unfairly disadvantage competitors, following a push from competitors, groups, and even the Senate.
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Analyst Pierre Ferragu downgraded Nvidia's rating to neutral, citing concerns over future growth and valuation. Nvidia stock has struggled to return to its glory in the past few days.
Nvidia's stock rebounded by 2.2% after three days of declines, impacting the Nasdaq composite and investor concerns about the sustainability of AI stock valuations.
Microsoft has again taken the title of the world's most valuable company from Nvidia. Microsoft has again taken the title of the world's most valuable company from Nvidia.
Nvidia officially surpassed Microsoft Tuesday (June 18) as the world’s most valuable company after its stock price is valued at $135 per share.
Nvidia and CEO Jensen Huang received boycott warnings in China after Huang referred to Taiwan as a necessary "country" in the electronics industry.
The US Justice Department and the Federal Trade Commission reached an agreement that allowed them to proceed with antitrust inquiries into the significant roles Microsoft, Nvidia, and OpenAI have been doing in the development of artificial intelligence.
Nvidia is now the world's second-most valuable company, beating Apple. Nvidia's stock reached unprecedented levels on Wednesday. According to Reuters, the AI chipmaker's valuation reached over $3 trillion, overtaking Apple as the world's second-most valuable company.
Nvidia revealed that Elon Musk is redirecting his AI chip orders for Tesla to X and xAI. Should Tesla investors be concerned?
Nvidia introduced its latest AI chip platform, "Rubin," on the eve of the Computex technology conference in Taiwan.
