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Nvidia stock surges
Nvidia Shares Jump After CEO Jensen Huang Notes ‘Insane’ Demand For Blackwell AI ‘Superchip’
Nvidia chief Jensen Huang said during an interview with CNBC on Wednesday that demand for the tech giant’s Blackwell “Superchip” is “insane,” sending Nvidia shares up more than 3% on Thursday. Nvidia shares reached as high as $124.26 on Thursday before cooling down to $122.80 at market close, a 3.3% jump.
Watch These Nvidia Stock Price Levels After CEO Cites "Insane" Demand for AI Chips
Nvidia (NVDA) shares will remain in the spotlight Thursday after CEO Jensen Huang said during a CNBC interview late yesterday that demand for the company’s next generation Blackwell artificial intelligence (AI) chips is “insane.
Nvidia stock surges as CEO touts ‘insane’ demand for new Blackwell AI chips
The Gen AI boom, of course, quickly made Nvidia, which has added more than $2 trillion to its market cap in just over a year, one of the world’s largest companies. The stock accounted for roughly 30% of the S&P 500’s gains in the first half of the year, with shares up over 154% year to date.
Cisco, CoreWeave and AI
Cisco is reportedly close to investing in Nvidia-backed AI startup CoreWeave
Cisco Systems Inc. is close to investing in artificial intelligence startup CoreWeave in a deal that values the company at $23 billion, Bloomberg reported Friday, citing people with knowledge of the matter.
Cisco to invest in CoreWeave at $23bn valuation
Under the leadership of CEO Michael Intrator, CoreWeave has been engaged in a secondary transaction, allowing current shareholders, including employees, to sell between $400m and $500m of their equity.
Cisco to Invest in AI Startup CoreWeave at $23B Valuation
Tech firm Cisco Systems ($CSCO) has agreed to invest in AI (artificial intelligence) startup CoreWeave in a funding round that assigns it a hefty
1h
on MSN
From Open AI to hacked smart glasses, here are the 5 biggest AI headlines this week
Between OpenAI's $6.6 million funding round and some privacy-invading Meta Smart Glasses, we saw a scary number of ...
2d
Wall Street's Newest Artificial Intelligence (AI) Stock Split Has Arrived -- and It's Following in the Footsteps of Nvidia and Broadcom
One of the most-influential businesses in the artificial intelligence (AI) arena is conducting its first stock split in ...
1d
Nvidia's Top Brass Unloaded Significant Stock In 2024 Amid AI Spending and Chip Delays
Nvidia Corp. (NASDAQ:NVDA) insiders have been actively selling shares, tallying transactions over $1.8 billion, with ...
1d
Chinese AI firms on track to narrow gap despite Nvidia controls
China's AI companies remain on track to further narrow the performance gap with their US peers as earlier concerns about ...
3d
The Ultimate Artificial Intelligence (AI) Stock to Buy Hand Over Fist Right Now (Hint: It's Not Nvidia)
This chip stock is not only cheaper than Nvidia, but it is set to grow at a faster pace than the AI pioneer as well.
The Tech Report
1d
Nvidia’s NVLM Is a Game-Changing Open-Source AI Model
Nvidia is ready to take on AI giants OpenAI and Google through its open-source LLM called NVLM that boasts better accuracy ...
The Next Platform
2d
Accenture Melds Smarts And Wares With Nvidia For Agentic AI Push
Over the past two years, enterprises have tried to keep up with the staggering pace of the innovation with generative AI, ...
3d
Accenture forms Nvidia business group to scale enterprise AI adoption
Accenture has formed an Nvidia business group with 30,000 professionals to receive training to help enterprises scale up for ...
8h
Could Nvidia Stock Soar if Kamala Harris Becomes President?
Nvidia 's (NASDAQ: NVDA) share price has skyrocketed more than 800% while Kamala Harris has served as vice president of the ...
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