Nvidia Reveals World’s Most Powerful AI Chip with 30 Times Speed Boost Nvidia, propelled by its H100 AI chip, has surged to prominence, potentially outstripping tech giants such as Alphabet and Amazon in market value. This meteoric rise has spurred a race among competitors to keep pace. However, Nvidia’s trajectory towards dominance appears poised to…
Samsung soars more than 5% after report of Nvidia considering its next-gen chips Shares of South Korean tech giant Samsung Electronics experienced a significant surge of over 5% on Wednesday following reports of potential interest from chip giant Nvidia. This surge was prompted by indications from Nvidia co-founder and CEO Jensen Huang during a media…
Nvidia briefly surpasses $2 trillion in market cap during intraday trading The company’s shares continue to experience fluctuations in the wake of its earnings report, despite reaching an all-time high in market capitalization Nvidia breaks new ground with a monumental leap in market valuation. Persistent Stock Volatility Despite Record Achievement . Unprecedented Financial Performance Propels…
Positive Performance in Artificial Intelligence and Semiconductor Chip Stocks Artificial intelligence and semiconductor chip stocks experienced a surge in value subsequent to Nvidia surpassing Wall Street’s expectations for fourth-quarter earnings and revenue. The company also offered optimistic projections for “continued growth” extending into 2025 and beyond. Taiwan Semiconductor Manufacturing Company (TSMC) Soars Taiwan Semiconductor Manufacturing…
Taiwan’s Foxconn has revealed its intentions to establish “AI data factories” in collaboration with American chip giant Nvidia, as part of its efforts to emerge as a prominent global player in the electric vehicle manufacturing sector. The announcement was jointly made by Foxconn’s Chairman, Young Liu, and Nvidia’s CEO, Jensen Huang, in Taipei. The new…
