NVIDIA Financial News

07.08 / 14:59

UPS Provident Target NVIDIA Here's why NVIDIA is BofA's top sector pick ahead of earnings

NVIDIA (NASDAQ:NVDA) was maintained at Buy with a $550 price target by BofA on Monday, with analysts stating it is the firm's top sector pick ahead of its second quarter earnings release.

07.08 / 09:27

Provident Software Enterprise NVIDIA Forbes DELL AMD generative AI Dell Technologies & NVIDIA Collaborate On Full-Stack Generative AI Solutions

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05.08 / 03:45

Amazon Microsoft Google CEO Apple NVIDIA Big Tech rebounds and preps for transformative AI investments

Google's profit dropped. Shares of Facebook's parent company, Meta, were in free fall. Business growth at Amazon had slowed to its lowest level in two decades.

04.08 / 13:49

Williams Career NVIDIA performer Stocks Have Had a Great Year. Cue the September Effect.

global financial crisis. But there are warning signs that this year’s rally could lose steam. Valuations are above their recent norms, with the S&P 500 trading at 19.4 times forward earnings estimates, according to FactSet.

03.08 / 16:01

NVIDIA Meta Investment trusts private equity F&C's Paul Niven shakes up portfolio ahead of 'uncertain' H2

Paul Niven (pictured) is the fund manager of the F&C Investment Trust.

03.08 / 14:03

Provident Qualcomm NVIDIA Sony Huawei electronic Qualcomm tumbles after signalling more pain from smartphone slump

By Aditya Soni

03.08 / 13:23

COST Provident Racing BlackRock NVIDIA CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips

CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds to be used to expand to meet rising AI workload, the company said on Thursday. Other lenders in the facility include Coatue and DigitalBridge, as well as BlackRock, PIMCO, and Carlyle.

03.08 / 11:13

business Investments NVIDIA Samsung Intel AI chip developer gets $100 million from Samsung and Hyundai

The artificial intelligence (AI) chip developer Tenstorrent, announced the closing of a $100 million funding round on Aug. 3 which was led by major manufacturing companies Samsung and Hyundai, among others.

03.08 / 06:49

Reuters Mobile Tesla Hyundai NVIDIA Samsung AI chip maker Tenstorrent raises $100 million from Hyundai, Samsung in a bid to rival Nvidia's chip dominance

Bard. The startup, led by former Tesla employee Jim Keller, has raised $234.5 million to date and is currently valued at around $1 billion.

03.08 / 06:47

UPS Amazon NVIDIA Intel DELL performer Discounts Amazon Sale LIVE NOW for Prime members: Jaw-dropping discounts on Laptops, Gaming Laptops and Tablets

Click here to subscribe to the Prime membership. But that's not all! Brace yourselves for the shopping extravaganza of the year – the Amazon Great Freedom Festival Sale! Igniting the frenzy at the stroke of midnight on 4th August, this sale will last all the way until 8th August. Prepare yourself for an extraordinary range of discounts and offers across gadgets, fashion, home appliances, lifestyle essentials, and more. Check out this article to score incredible discounts on laptops, gaming laptops, and tablets during this mega sale event. Whether you're upgrading your tech arsenal or looking for the perfect gift, the Amazon Sale has something for everyone.

02.08 / 16:13

UPS Target Dreams NVIDIA AMD Celebrity show AMD Keeps the AI Dream Alive Enough

Advanced Micro Devices plans to end its year with a banger. Investors couldn’t wait that long to celebrate. The chip maker more commonly known as AMD has been the second-hottest semiconductor stock this year next to Nvidia.

02.08 / 03:47

UPS Provident CEO NVIDIA AMD AMD forecasts challenger to Nvidia AI chip for 4th quarter, eyes China AI market

Nvidia chips, with the company's CEO saying it sees an «opportunity» to sell its AI chips in China. Shares were up roughly 3.5% in after-hours trading.AMD CEO Lisa Su said AMD is set to ramp production of its MI300 artificial-intelligence chips in the fourth quarter. The MI300 AI accelerator chips are designed to compete against the advanced H100 chips already sold by Nvidia, though they are in short supply.

01.08 / 11:08

Provident CEO Strategy Enterprise Accenture NVIDIA NOT To AI or not no longer a question: IT majors already using GenAI for several tasks

AI (GenAI) in their strategies. As per a ToI report, companies are already integrating GenAI to expedite code generation, optimize labor-intensive tasks, and facilitate system integration. However, analysts anticipate that widespread enterprise adoption of GenAI is still a few quarters away.

31.07 / 15:17

Provident NVIDIA DELL generative AI Dell expands 'Project Helix' with Nvidia to provide generative AI solutions

(Reuters) — Dell Technologies (NYSE:DELL) on Monday launched new generative artificial intelligence (GenAI) solutions in collaboration with Nvidia (NASDAQ:NVDA) whose chips enable the technology behind OpenAI's ChatGPT.

31.07 / 14:37

BLOCK Microsoft Software NVIDIA Sony Deal Activision UK regulator seeks public input on Microsoft-Activision deal

LONDON (Reuters) -Britain's antitrust regulator on Monday called for public responses on whether Microsoft (NASDAQ:MSFT)'s $69 billion takeover of Activision Blizzard (NASDAQ:ATVI), maker of video game «Call of Duty», should be cleared ahead of a final decision by Aug. 29.

31.07 / 13:49

FIVE Manufacturing CEO NVIDIA Intel show China’s Tech Distress Grows as U.S. Chip Sanctions Bite

China’s tech sector is showing the strain from last year’s sweeping U.S. export restrictions, which seek to stall Beijing’s ambitions in cutting-edge industries such as artificial intelligence and supercomputing. Semiconductor imports to China are falling.

31.07 / 12:53

UPS Reuters NVIDIA Moodys Intel analyst AI is the talk of the town for tech companies, finds multiple mentions in analyst calls

artificial intelligence even more than in the previous quarter. S&P 500 companies that led in discussion of AI during quarterly conference calls with analysts earlier this year have outdone themselves in their latest quarterly calls. Following Intel's report late on Thursday, executives and analysts on its call mentioned AI 58 times, up from 15 mentions in its previous call in April.

31.07 / 12:11

BLOCK Microsoft Software NVIDIA Sony Deal Activision UK regulator aims for decision on Microsoft-Activision deal by Aug. 29

Microsoft's Activision Blizzard deal for comments as it aims for a final decision by Aug. 29 on a $69 billion takeover it had previously blocked in April.

28.07 / 16:33

Target Forrester Qualcomm NVIDIA Samsung Intel boost Intel results boost chip stocks on optimism PC market slump is ending

shares rose over 4% on Friday, a day after the chipmaker's unexpectedly strong quarterly report heralded a turnaround in fortunes after a long, margin-sapping struggle due to plummeting PC sales and a highly competitive data center market. The company's surprise second-quarter profit and its strong earnings and margin forecasts suggested the personal computer market slump was nearing an end, sparking the surge in its stock and the wider chip sector. Intel is poised to add about $6 billion to its market value, based on its current price of $36.

28.07 / 03:41

UPS NVIDIA Intel show exclusive Intel turns unexpected profit, higher forecast as PC market slide slows

Intel on Thursday posted a surprise quarterly profit as a PC market slump started to ease, and forecast third-quarter earnings above Wall Street expectations, sending its shares up about 6%. The market for personal computers has tumbled over the past year, with inventory piling up because consumers had already bought machines needed during the pandemic.

27.07 / 10:47

COST Target MET Qualcomm NVIDIA Intel China export controls will hit companies' revenue: US commerce secretary Gina Raimondo

US commerce secretary Gina Raimondo said on Wednesday that the Joe Biden administration is seeking to carefully target US controls on exports to China, but rules will cost firms some revenue. Restrictions should not be so broad «that you deny American companies revenue and China can get the product elsewhere, or China can get the product from other countries,» Raimondo said at a forum.

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