Nvidia's AI-powered rise to a $4 trillion market cap
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Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other opportunities in the field.
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XDA Developers on MSNRay tracing isn't Nvidia's killer USP anymoreSuperior ray tracing performance remained the sole reason to buy Nvidia GPUs, but even that has been losing its status as Nvidia's biggest USP, thanks to AMD's strides and the fact that decent RT performance is unaffordable for Nvidia buyers.
Nvidia’s valuation crosses $4 trillion during Wednesday’s session, while AES stock rises sharply following a report that says the renewable power company is exploring its options amid takeover interest.
Sovereign AI refers to countries building their own national AI infrastructure, using trusted platforms to protect data, boost innovation and maintain control over their AI systems. NVIDIA is playing a key role in these efforts. It has announced major AI factory projects in Saudi Arabia, where it plans to deliver 18,000 AI chips.
U.S. major indices ended mixed on Tuesday, as the Dow Jones Industrial Average slipped nearly 0.4% to 44,240.76 and the S&P 500 edged down 0.1% to 6,225.52.
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing U.S. chipmaker.
In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global semiconductor vendors by revenue growth. It was also its first unprofitable year since 1986, posting a net loss of $18.8 billion.
The first in-depth review of the GeForce RTX 5050 has appeared online showcasing its 1080p gaming performance compared to the RTX 4060, 3060, and Arc B580.