Nvidia looks set to blow past Apple to become the world’s second most valuable company, right behind Microsoft.
Browsing: Nvidia
Dell Technologies shares have been acting like market leader Nvidia of late, and investors are expecting more.
Shares of Dell hit a record high on Friday amid a rally in companies working on generative AI applications.
The tech industry favours technically grounded leaders. Now rapid digitisation is forcing other sectors to follow suit.
Nvidia’s most advanced AI chip it developed for the China market has got off to a weak start amid fierce competition.
The increase was second only to its own $277-billion jump on the day following its previous earnings report in February.
Nvidia shares jumped 5.9% to US$1 005 in extended trade, peaking above the psychologically important $1 000 mark.
Results from the world’s biggest technology companies have brought mostly good news. There’s just one missing piece.
The earthquake has endangered production at TSMC, the world’s largest maker of advanced chips.
Major customers are expected to use the new Nvidia B200 chip in cloud computing services they sell, CEO Jensen Huang said.