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Nvidia shares hit record high on renewed AI optimism
Micron, a crucial memory supplier to Nvidia, on Wednesday reported record revenue of $9.3bn, surpassing Wall Street consensus estimates of about $8.9bn for the quarter to the end of May. It also gave a bullish forecast on the growth of AI demand.
The moves can be attributed to a number of factors turning in Nvidia's favor, including the successful ramp of the buildout ...
AI data center spending could blow past the $1 trillion mark by 2028. By then, NVIDIA could be commanding a market cap closer ...
Nvidia Corp acquires Canadian AI startup CentML for undisclosed terms, adding its CEO and other key personnel to their AI ...
Samsung Electronics is reportedly in the 'imminent' stage of shipping its new HBM4 12-Hi memory to major US tech companies ...
OpenAI, one of the world’s biggest customers of Nvidia artificial intelligence chips, recently began renting Google’s AI ...
Alternative chip makers expose the contradiction in Nvidia's AI factory story: How can inference be a commodity while commanding 70% margins?
Loop Capital analyst Ananda Baruah on Wednesday raised his price target on Nvidia shares to $250, the highest of Wall Street ...
Nvidia has used its ballooning fortunes to invest in over 80 AI startups. Here are the giant semiconductor's largest ...
Microsoft has spent years designing its own artificial intelligence chips, in part to reduce its dependence on Nvidia. It isn ...
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