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Nvidia Surpasses $3.6 Trillion Market Value After Donald Trump Wins US Elections
Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion.
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Nvidia Overtakes Apple As World's Most Valuable Company
Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips.
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Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
Nvidia saw the deepest ever single-day decline in market value for a US company. The company lost $279 billion (roughly Rs. 23,42,608 crore) in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology.
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
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Why Is 'World's Most Important Stock' Nvidia Falling, Expert Explains
Artificial intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher-than-expected $30 billion in the last quarter, though that growth was slower than the furious pace seen in previous quarters.
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This Firm's Workers Are Millionaires. But They Are Too Busy To Enjoy Wealth
Nvidia stock has gained 3,776% since the start of 2019 as the company benefits from selling the main chip necessary for artificial intelligence work, minting many new multimillionaires in the process.
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AMD to Acquire Server Builder ZT Systems for $4.9 Billion in Cash and Stock
AMD has announced that it will acquire server manufacturer ZT Systems as the company looks to compete with Nvidia in terms of hardware and AI chips. The Taiwanese firm says that intends to finance 75 percent of the $4.9 billion acquisition with cash, while it plans to pay the remaining portion in stock.
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Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
The lawsuit came after Intel said last Thursday it would lay off more than 15 percent of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a restructuring meant to save $10 billion (roughly Rs. 83,976 crore) in 2025.
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AI Chip Demand Drives Taiwan Chipmaker TSMCs' Second Quarter Profits Up By 30%
The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has pushed TSMC's stock - and the broader Taiwan market - to record highs.
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Nvidia Rides AI Boom to Dethrone Microsoft as World's Most Valuable Company
Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology.
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Nvidia Beats Apple, Microsoft To Become World's Most Valuable Company On Stock Market
Nvidia edged ahead of other tech companies Tuesday to become the world's most valuable publicly traded company in the latest sign of the might of artificial intelligence.
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Nvidia Profits Jump To $12.3 Billion Amid Demand For Its Technology To Power AI
Global stock markets rallied Thursday as investors cheered bumper profits from US chip giant Nvidia, seen as the bellwether for artificial intelligence, with records falling in Asia, Europe, and North America.
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Nvidia Adds Jet Fuel to AI Optimism With Record Results, $25 Billion Stock Buyback
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fuelled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours.
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US-Based Investment Firm GQG Plans To Buy More Adani Stocks: Top Official
A big buyer of Nvidia Corp's shares in the first quarter, Australia-listed investment firm GQG Partners, said it has continued to increase its exposure to the company since then and intends to buy more stocks of India's conglomerate Adani.
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Nvidia Close to Becoming First Trillion-Dollar Chip Firm as AI Boom Drives Stellar Forecast
Nvidia shares extended their rally this year on Thursday, soaring 25 percent after a stellar forecast showed that Wall Street has yet to price in the AI potential of the company that has already doubled in value in 2023.
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Nvidia Surpasses $3.6 Trillion Market Value After Donald Trump Wins US Elections
Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion.
-
Nvidia Overtakes Apple As World's Most Valuable Company
Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips.
-
Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
Nvidia saw the deepest ever single-day decline in market value for a US company. The company lost $279 billion (roughly Rs. 23,42,608 crore) in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology.
-
Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
-
Why Is 'World's Most Important Stock' Nvidia Falling, Expert Explains
Artificial intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher-than-expected $30 billion in the last quarter, though that growth was slower than the furious pace seen in previous quarters.
-
This Firm's Workers Are Millionaires. But They Are Too Busy To Enjoy Wealth
Nvidia stock has gained 3,776% since the start of 2019 as the company benefits from selling the main chip necessary for artificial intelligence work, minting many new multimillionaires in the process.
-
AMD to Acquire Server Builder ZT Systems for $4.9 Billion in Cash and Stock
AMD has announced that it will acquire server manufacturer ZT Systems as the company looks to compete with Nvidia in terms of hardware and AI chips. The Taiwanese firm says that intends to finance 75 percent of the $4.9 billion acquisition with cash, while it plans to pay the remaining portion in stock.
-
Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
The lawsuit came after Intel said last Thursday it would lay off more than 15 percent of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a restructuring meant to save $10 billion (roughly Rs. 83,976 crore) in 2025.
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AI Chip Demand Drives Taiwan Chipmaker TSMCs' Second Quarter Profits Up By 30%
The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has pushed TSMC's stock - and the broader Taiwan market - to record highs.
-
Nvidia Rides AI Boom to Dethrone Microsoft as World's Most Valuable Company
Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology.
-
Nvidia Beats Apple, Microsoft To Become World's Most Valuable Company On Stock Market
Nvidia edged ahead of other tech companies Tuesday to become the world's most valuable publicly traded company in the latest sign of the might of artificial intelligence.
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Nvidia Profits Jump To $12.3 Billion Amid Demand For Its Technology To Power AI
Global stock markets rallied Thursday as investors cheered bumper profits from US chip giant Nvidia, seen as the bellwether for artificial intelligence, with records falling in Asia, Europe, and North America.
-
Nvidia Adds Jet Fuel to AI Optimism With Record Results, $25 Billion Stock Buyback
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fuelled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours.
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US-Based Investment Firm GQG Plans To Buy More Adani Stocks: Top Official
A big buyer of Nvidia Corp's shares in the first quarter, Australia-listed investment firm GQG Partners, said it has continued to increase its exposure to the company since then and intends to buy more stocks of India's conglomerate Adani.
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Nvidia Close to Becoming First Trillion-Dollar Chip Firm as AI Boom Drives Stellar Forecast
Nvidia shares extended their rally this year on Thursday, soaring 25 percent after a stellar forecast showed that Wall Street has yet to price in the AI potential of the company that has already doubled in value in 2023.
