Billionaire Investors Steven Cohen and Israel Englander shifted their focus from Nvidia to Oracle, citing Oracle's potential in the AI sector and its consistent revenue growth in cloud infrastructure.
Tags: Nvidia
Nvidia's AI Chips Face Weak Demand in China Despite High Supply
Nvidia's newest AI chip for the Chinese market is struggling with oversupply and reduced prices amid fierce competition from Huawei, which is impacting its position in a key market affected by US sanctions.
Nvidia Stock Hits Record High, Lifting Other Tech and AI Stocks
Nvidia's strong earnings report led to major market gains, with the Nasdaq and S&P 500 surging on Thursday, driven by optimism about the ongoing AI rally.
Nvidia Reports Strong Q1 2024 Revenue, Shares Valuing over $1,000 Triggering Stock Split
Nvidia reported a stronger-than-expected first quarter revenue forecast, including an announcement of a stock split after its shares reached the $1,000 mark.
Analysts Expect Nvidia Revenue to Surge 200% Amid AI Boom
Nvidia's stock dipped slightly from its all-time high on Wednesday ahead of its critical Q1 earnings report. Investors expected the company to show 200% revenue and profit growth driven by high demand for its AI chips.
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Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition.
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits.
In a move to rival Nvidia's AI chip dominance, Intel announces its new Gaudi 3 chip, boasting superior efficiency and speed compared to competitors.
Space-to-cloud data and analytics company Spire Global has partnered with Nvidia to improve weather predictions using AI.
In an Instagram post, Mark Zuckerberg praises NVIDIA CEO Jensen Huang and compares him to the Taylor Swift of Tech amid their partnership for Meta's artificial intelligence plans.
Elon Musk's companies, including Tesla and xAI, heavily rely on Nvidia's technology for AI development.
After announcing their AI chips, NVIDIA CEO Jensen Huang addressed the potential arrival of human-level AI within five years but highlighted concerns about ethical implications and AI hallucinations.
Nvidia unveils Blackwell AI chip priced $30-40k, boasting 30x performance boost with 25x energy efficiency.
Singtel partners with NVIDIA for new AI Chips that launch GPU-as-a-Service (GPUaaS), offering on-demand access to AI-powered cloud computing with accelerated graphics processing units (GPUs).
