AI's Leap Forward: Nvidia's Blackwell Chips Poised to be the Next Revenue Powerhouse?
Nvidia's constantly iterative chip products mean that the AI giant's revenue surge may not be over yet, even after the release of financial results that greatly exceeded expectations. Nvidia CEO Jensen Huang said, "we will see a lot of Blackwell revenue this year."
Walmart-owned Flipkart to Add Google as an Investor
Apple Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/24/2024 46.31% Wedbush $250 → $275 Maintains Outperform 05/13/2024 33.01% Wedbush → $250 Reiterates Out
Today's Morning Movers and Top Ratings: NVDA, LCID, BA, MCHP and More
Lucid's shares advanced by 1.5% after the EV manufacturer announced a 6% workforce reduction, translating to approximately 400 employees, as the industry faces decelerated growth.
Tesla Receives More Job Applications In 2023 Despite Reports Of Poor Working Conditions And Layoff
EV giant Tesla Inc (NASDAQ:TSLA) said on Thursday that it received 5.9 million job applications in 2023, marking a near 64% jump from a year ago, despite reports of poor working conditions. What Happe
Lucid Stock Gains 3% Premarket After EV Maker Announces 6% Workforce Reduction, Cutting 400 Jobs To Lower Costs
The shares of Lucid Group (NASDAQ:LCID) gained 3% in pre-market trading after the California-based EV maker said on Friday that it is laying off about 6% of its workforce or 400 employees to reduce co
Magnite Gains as BofA Upgrades to 'Buy' on Structural Tailwinds
Fear & Greed Index Moves To 'Neutral' Zone; Dow Records Worst Day of 2024
The CNN Money Fear and Greed index showed further decline in the overall market sentiment, with the index moving to the "Neutral" zone on Thursday.U.S. stocks settled lower on Thursday, with the Dow J
Novo Weight Loss Therapy Cuts Mortality Risk in Kidney Disease
Entertainment Unleashed: Charter's Spectrum To Offer Ad-Supported Paramount+ & More At No Extra Cost
Paramount Global (NASDAQ:PARA) inked a multi-year agreement with Charter Communications, Inc. (NASDAQ:CHTR) to distribute its linear networks, CBS-owned-and-operated stations and direct-to-consumer st
Jeep's All-Electric Wagoneer S Beats Tesla Model Y Performance In Acceleration Test, Lags Behind Model X
Stellantis NV's (NYSE:STLA) Jeep on Wednesday released a video of its upcoming all-electric Wagoneer S SUV and raced it against Tesla Inc's (NASDAQ:TSLA) Model Y Performance to prove its faster accele
Next Stop $1400? Analysts Boost Nvidia Price Targets After Another Earnings Beat
Nvidia stock rose 9.3% on Thursday, closing above $1,000 for the first time and giving the chip giant a market cap north of $2.5 trillion after reporting first quarter earnings that once again blew away forecasts.
Samsung's New HBM Chips Fail Nvidia's Tests Due to Heat, Power Use Issues - Report
Alphabet, Meta Eye Multimillion-dollar AI Partnerships With Hollywood Studios
Tesla cancels grand plan to sell 20 million vehicles a year after a cheap running model was cut
The focus has completely turned to autonomous driving.
Nvidia 'Preparing For The Worst' As The Chipmaker Reportedly Cuts Prices Of Its Flagship AI Chips In China Amid Intensifying Competition From Huawei
In a bid to compete with Chinese tech giant Huawei, NVIDIA Corp (NASDAQ:NVDA) has reportedly slashed the prices of its most advanced AI chips in China.What Happened: The price of Nvidia's H20 chip, de
Microsoft's next-generation operating system blueprint: AI and Windows in the cloud
The tech giant Microsoft is increasing its investment in artificial intelligence and cloud computing, with the aim of seizing the high ground for future technological development, and the Windows operating system will play an important role in this. At the Microsoft Developer Build Conference held this week, Pavan Davuluri, the new Microsoft Windows director, told the media that Microsoft will further promote the integration of AI and the Windows ecosystem and open a new chapter in the AIPC era: I think that by incorporating AI into the entire operating system, we can provide more value to Windows customers.
Nvidia's Evaluation Leads To Major Blow For Samsung's AI Chip Efforts: Heat And Power Consumption Issues Uncovered
Samsung Electronics' latest high bandwidth memory (HBM) chips have reportedly failed the tests conducted by Nvidia (NASDAQ:NVDA) for use in its AI processors. The failure is attributed to issues relat
“Good news is bad news”! Overnight, investors “sold everything” except Nvidia
As Nvidia reached new heights, everything else plummeted.
There is also a possibility that NVIDIA's performance will continue to exceed market expectations
A technology analyst at Kilter Cheviot stated that there are no signs of deceleration in demand for chips for artificial intelligence (AI) or growth in sales growth for US semiconductor giant NVIDIA, and that business results will continue to exceed market expectations in the future. NVIDIA's sales for the fiscal year ending 2024/2-4 (first quarter) increased more than 3 times compared to the previous year, reaching 26.4 billion dollars.