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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 ...
Nvidia CEO Jensen Huang sees robotics as a major growth market alongside AI. The tech giant envisions a future with billions ...
Nvidia Corp acquires Canadian AI startup CentML for undisclosed terms, adding its CEO and other key personnel to their AI ...
OpenAI, one of the world’s biggest customers of Nvidia artificial intelligence chips, recently began renting Google’s AI ...
Nvidia ( NASDAQ: NVDA) has acquired Toronto-based AI startup CentML, The Logic reported, citing a person familiar with the ...
Loop Capital analyst Ananda Baruah on Wednesday raised his price target on Nvidia shares to $250, the highest of Wall Street ...
Alternative chip makers expose the contradiction in Nvidia's AI factory story: How can inference be a commodity while commanding 70% margins?
Nvidia has used its ballooning fortunes to invest in over 80 AI startups. Here are the giant semiconductor's largest ...
AI data center spending could blow past the $1 trillion mark by 2028. By then, NVIDIA could be commanding a market cap closer ...
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