How Short Sellers Cashed in on Nvidia's DeclineNvidia short sellers have made a profit through a three-day sell-off. According to data analysis company Ortex Technologies on the 25th (local time), Nvidia short sellers made about $5 billion in paper profits through a drastic sell-off over the previous three rounds. Furthermore, with Nvidia’s 6.6% drop on Monday, short sellers raked in $2.4 billion, […]
The AI Bubble: Bursting Soon? Nvidia and Others Lose GroundNVIDIA has been struggling since it briefly became the most valuable publicly traded US company last week.
NVIDIA: A Titan in Tech, Yet Invisible in Brand RankingsAccording to CNBC on the 23rd (local time), AI chipmaker NVIDIA became the most valuable publicly traded U.S. company for the first time last week, but its brand recognition among the public is not on par. CNBC explained that NVIDIA failed to land on the list of 100 best-known brands released by Interbrand in November […]
NVIDIA's Boom: How Stock Options Turned Employees into Millionaires!Benzinga estimated that employees who joined Nvidia five years ago have become millionaires, thanks to the company's stock price soaring.
AI Sparks a New Era for Electric Grid, Says Nvidia CEO"The future of digital intelligence is quite bright, and so the future of the energy sector is bright, too."
How Nvidia Became the Leader of the AI EraOn June 18, Nvidia, a leading Artificial Intelligence (AI) stock, overtook both Microsoft Corporation (MS) and Apple to become the world’s largest company by market capitalization. Analysts interpret this as a signal that the AI era has officially arrived, as Nvidia has now overtaken Apple, which opened the smartphone era, Google, and MS, a leader in […]
Lawsuit Against NVIDIA CEO Sent to the Supreme CourtThe U.S. Supreme Court has decided to hear a lawsuit appealed by NVIDIA this October. NVIDIA, a major beneficiary of the artificial intelligence (AI) boom, appealed a class-action lawsuit brought by shareholders. On the 17, CNBC reported that the U.S. Supreme Court has accepted NVIDIA’s appeal against a class-action lawsuit filed by shareholders against NVIDIA’s […]
Nvidia Lawsuit Reaches the Supreme CourtThe U.S. Supreme Court is hearing a lawsuit about Nvidia’s cryptocurrency mining profits. Nvidia plans to aggressively assert its stance against the lower court’s decision. According to industry insiders on the 18th, the U.S. Supreme Court accepted Nvidia’s appeal against the lower court’s verdict. The Supreme Court plans to review Nvidia’s arguments in its next […]
Apple Reigns Supreme: Back at #1 in Market Cap After Latest AI AnnouncementAccording to Reuters, Apple has surpassed Microsoft Corporation (MS) to become the most valuable company in market capitalization as the trading closed on June 13. Apple’s market capitalization has exceeded that of Microsoft Corporation (MS), taking the top spot. This comes after Apple’s stock price rose by 8.8% over four trading days following the announcement […]
The Rise of Apple: How AI is Shaping the Future of the Tech GiantAfter five months, Apple has reclaimed its position as the world’s largest company by market capitalization. Amid a fierce battle for the top spot between Apple and Microsoft Corporation, Nvidia is hot on their heels. On the 13th, Apple’s market capitalization closed at approximately $3.29 trillion on the New York Stock Exchange. Apple has reclaimed […]
Anticipating NVIDIA's Next Big Leap: The $5 Trillion Market CapIt has been predicted that NVIDIA’s market capitalization will surpass $5 trillion next year. The success of the soon-to-be-launched artificial intelligence (AI) chip platform, Blackwell, is expected to be a significant turning point. Louis Navellier, Chief Investment Officer (CIO) of Navellier & Associates, predicted on the 11th (local time) that NVIDIA’s market capitalization will exceed […]
NVIDIA CEO Sparks Fury in China by Calling Taiwan a CountryLast week, Nvidia CEO Jensen Huang enjoyed extraordinary popularity while visiting his homeland, Taiwan.
China Pours Billions into AI, But Can It Catch Up with the U.S.?China is engaged in a power struggle with the United States in various industries and has announced astronomical support for AI.
Elon Musk to Spend $10B on Nvidia AI HardwareTesla CEO Elon Musk is likely to spend between $3 billion and $4 billion on Nvidia artificial intelligence hardware this year. This statement was made in response to a CNBC report claiming that Tesla plans to use the AI hardware for xAI, Musk’s startup. Musk refuted the report and claimed that the investment was reserved […]
From Chips to Chassis: How Nvidia and Foxconn Are Reshaping Auto ProductionTaiwan’s Hon Hai Technology Group (Foxconn) announced plans to construct an advanced computing center in Kaohsiung, centered around the Nvidia Blackwell platform. The computing center will feature the Superchip GB200 server, which will comprise a total of 64 racks and 4,608 GPUs, with completion slated for 2026. Foxconn and Nvidia plan to introduce a platform […]
Elon Musk Denies Diverting AI Chips from Tesla, Expects $3-4 Billion Spend on Nvidia HardwareCEO Elon Musk announced in a post on X on Tuesday that Tesla is expected to spend between $3-4 B on hardware from Nvidia this year.
AMD's Big Reveal: New AI Processors Set to Outperform Nvidia by 2026AMD unveiled its latest AI processor at the COMPUTEX 2024 in Taiwan and announced plans to develop AI chips over the next two years.
NVIDIA Announces Launch of New AI Chip Rubin by 2026NVIDIA has announced the launch of a new AI chip platform. On the 2nd (local time), NVIDIA CEO Jensen Huang announced at the Computex Trade Fair held at the National Taiwan University in Taipei that the next-generation AI chip platform Rubin will be launched in 2026. While Huang revealed that the Rubin series of chips […]
NVIDIA's CEO Unveils Ambitious Plan for AI Chip DevelopmentNVIDIA has announced its intention to release Rubin, its next-generation artificial intelligence (AI) graphics processing unit (GPU), in 2026. This comes just three months after the announcement of the Blackwell GPU, marking a swift mention of a next-generation GPU. According to Reuters on the 2nd (local time), NVIDIA CEO Jensen Huang revealed plans to launch […]
How Cathie Wood Let Billions Slip Away with Early NVIDIA SaleCathie Wood has drawn attention due to claims she missed out on a nearly $723 million profit by selling all her shares last year in NVIDIA.
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