Nvidia's earnings attest to its leadership in the AI race. By the numbers
Read full article: Nvidia's earnings attest to its leadership in the AI race. By the numbersNvidia reported more eye-catching numbers for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier.
Nvidia earnings clear lofty hurdle set by analysts amid fears about an AI bubble
Read full article: Nvidia earnings clear lofty hurdle set by analysts amid fears about an AI bubbleNvidia’s sales of the computing chips powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust that topples the world’s most valuable company.
Wall Street swings through another erratic day ahead of a couple of crucial tests
Read full article: Wall Street swings through another erratic day ahead of a couple of crucial testsThe U.S. stock market swung through another unsettled day of trading, ahead of a couple of crucial tests for Wall Street.
Wall Street drops to one of its worst days since April on worries about AI stocks and interest rates
Read full article: Wall Street drops to one of its worst days since April on worries about AI stocks and interest ratesThe U.S. stock market tumbled to one of its worst days since its springtime sell-off.
Japan's SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI
Read full article: Japan's SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAIJapanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.
South Korean president calls for aggressive AI spending in budget speech
Read full article: South Korean president calls for aggressive AI spending in budget speechSouth Korean President Lee Jae Myung called for tripling government spending artificial intelligence infrastructure and technology in a budget speech to the legislature.
Microsoft $9.7 billion deal with ERIN will give it access to Nvidia chips
Read full article: Microsoft $9.7 billion deal with ERIN will give it access to Nvidia chipsMicrosoft has entered into an approximately $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that will give it access to some of Nvidia’s chips.
Nvidia partners with South Korean government, companies to boost AI development
Read full article: Nvidia partners with South Korean government, companies to boost AI developmentSilicon Valley chipmaker Nvidia plans to supply its graphics processing units for projects with the South Korean businesses and government to advance the country’s artificial intelligence infrastructure and technologies.
Group including Nvidia, BlackRock buying Aligned Data Centers in deal worth about $40 billion
Read full article: Group including Nvidia, BlackRock buying Aligned Data Centers in deal worth about $40 billionA group including BlackRock, Nvidia and Microsoft is buying Aligned Data Centers in an approximately $40 billion deal in an effort to expand next-generation cloud and artificial intelligence infrastructure.
Oracle and AMD expand a partnership with deals in the artificial intelligence sector booming
Read full article: Oracle and AMD expand a partnership with deals in the artificial intelligence sector boomingOracle and Advanced Micro Devices are expanding their partnership with the deployment of 50,000 AMD graphic processing units next year, with further expansion to follow.
Nvidia to invest $100 billion in OpenAI to help expand the ChatGPT maker's computing power
Read full article: Nvidia to invest $100 billion in OpenAI to help expand the ChatGPT maker's computing powerChipmaker Nvidia will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT.
Stocks wobble as Wall Street wrangles with whether the job market is too weak
Read full article: Stocks wobble as Wall Street wrangles with whether the job market is too weakU.S. stocks wobbled lower as Wall Street questioned whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way.
A look at Nvidia's latest results and its prominence in the stock market, by the numbers
Read full article: A look at Nvidia's latest results and its prominence in the stock market, by the numbersNvidia reported a 56% increase in second-quarter revenue Wednesday and a 59% rise in net income compared to a year ago.
Nvidia's AI chip sales surged again in latest quarter, but worries about a tech bubble persist
Read full article: Nvidia's AI chip sales surged again in latest quarter, but worries about a tech bubble persistNvidia’s sales of its artificial intelligence chipsets rose at a slower pace than analysts anticipated during the company’s latest quarter, a letdown likely to stoke worries that technology’s latest craze has been fool’s gold.
Nvidia's CEO says it's in talks with Trump administration on a new chip for China
Read full article: Nvidia's CEO says it's in talks with Trump administration on a new chip for ChinaNvidia CEO Jensen Huang says the company is discussing a potential new computer chip designed for China with the Trump administration.
Wall Street steadies after Nvidia, Palantir and other AI stars trim their losses
Read full article: Wall Street steadies after Nvidia, Palantir and other AI stars trim their lossesU.S. stock indexes ended mixed after Nvidia, Palantir and other superstar stocks pared most of their steep losses from the morning.
Trump plans 100% tariff on computer chips, unless companies build in U.S.
Read full article: Trump plans 100% tariff on computer chips, unless companies build in U.S.President Donald Trump says he's imposing a 100% tariff on computer chips— a move that raises the specter of higher prices for electronics, autos, household appliances and other essential goods that depend on the processors.
Nvidia is again Wall Street's most valuable company. How it got there, by the numbers
Read full article: Nvidia is again Wall Street's most valuable company. How it got there, by the numbersNvidia reached another milestone in its rise to becoming one of the world’s most important companies: the first publicly traded company to reach a market value of $4 trillion.
AI kingpin Nvidia crowned as first public company with a $4 trillion valuation
Read full article: AI kingpin Nvidia crowned as first public company with a $4 trillion valuationSilicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors.
Nvidia overcomes tariff-driven turbulence to deliver Q1 results that eclipsed projections
Read full article: Nvidia overcomes tariff-driven turbulence to deliver Q1 results that eclipsed projectionsArtificial intelligence technology bellwether Nvidia overcame a wave of tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered chips that are making computers seem more human.
Trump administration rescinds curbs on AI chip exports to foreign markets
Read full article: Trump administration rescinds curbs on AI chip exports to foreign marketsResponding to complaints from the tech industry and other countries, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval.
Nvidia to send 18,000 AI chips to Saudi Arabia
Read full article: Nvidia to send 18,000 AI chips to Saudi ArabiaU.S. chip maker Nvidia will partner with Saudi Arabia’s sovereign wealth fund-owned AI startup Humain and will ship 18,000 chips to the Middle Eastern nation to help power a new data center project.
Wall Street and the dollar tumble as investors retreat further from the United States
Read full article: Wall Street and the dollar tumble as investors retreat further from the United StatesWall Street weakened as investors worldwide get more skeptical about U.S. investments because of President Donald Trump’s trade war and his criticism of the Federal Reserve, which are shaking the traditional order.
Big Tech's 'Magnificent Seven' heads into earnings season reeling from Trump turbulence
Read full article: Big Tech's 'Magnificent Seven' heads into earnings season reeling from Trump turbulenceAs Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House less than 100 days ago.
Tech shares fall after Nvidia says new US controls on exports of AI chip will cost it $5.5 billion
Read full article: Tech shares fall after Nvidia says new US controls on exports of AI chip will cost it $5.5 billionShares in Nvidia and other tech companies slumped after the computer chipmaker said that tighter U.S. government controls on its exports of semiconductors used for artificial intelligence will cost it an extra $5.5 billion.
Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwide
Read full article: Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwidePresident Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide.
Nvidia CEO Jensen Huang unveils new Rubin AI chips at GTC 2025
Read full article: Nvidia CEO Jensen Huang unveils new Rubin AI chips at GTC 2025Nvidia founder Jensen Huang kicked off the company’s artificial intelligence developer conference, on Tuesday by telling a crowd of thousands that AI is going through “an inflection point.”.
Stocks' sell-off worsens as Wall Street wonders how much pain Trump will accept for the economy
Read full article: Stocks' sell-off worsens as Wall Street wonders how much pain Trump will accept for the economyThe U.S. stock market’s sell-off accelerated as worries built about pain for the economy because of tariffs and other policies by President Donald Trump.
Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters
Read full article: Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania faltersU.S. stock indexes fell sharply as Wall Street’s frenzy around artificial-intelligence technology faltered some more.
Nvidia sales surge in the fourth quarter on demand for AI chips
Read full article: Nvidia sales surge in the fourth quarter on demand for AI chipsNvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips that power artificial intelligence systems continued to grow.
Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs
Read full article: Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffsWall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs.
Stocks from automakers to retailers feel pressure from tariff threats
Read full article: Stocks from automakers to retailers feel pressure from tariff threatsCompanies in a wide range of industries saw their stocks come under pressure on Wall Street because of tariff threats from President Donald Trump.
President Trump to meet with Nvidia CEO Jensen Huang at the White House
Read full article: President Trump to meet with Nvidia CEO Jensen Huang at the White HousePresident Donald Trump is meeting Friday with Nvidia CEO Jensen Huang, whose company designs and supplies the advanced computer chips that play an integral role in developing artificial intelligence.
Upstart Chinese AI company DeepSeek's founder started out as a low-key hedge fund entrepreneur
Read full article: Upstart Chinese AI company DeepSeek's founder started out as a low-key hedge fund entrepreneurThe 40-year-old founder of China's DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund that now manages a reported $8 billion in assets.
What is DeepSeek, the Chinese AI company upending the stock market?
Read full article: What is DeepSeek, the Chinese AI company upending the stock market?A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology.
Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%
Read full article: Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.
Stock market today: Gains for oil producers and drops for Big Tech leave Wall Street mixed
Read full article: Stock market today: Gains for oil producers and drops for Big Tech leave Wall Street mixedU.S. stock indexes were split as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies.
Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
Read full article: Stock market today: Wall Street indexes lose ground as market closes another record-breaking yearStock indexes closed mostly lower on Wall Street on the final day of another record-setting year.
Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pause
Read full article: Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pauseStock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market.
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
Read full article: US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought.
Supreme Court allows investors' class action to proceed against microchip company Nvidia
Read full article: Supreme Court allows investors' class action to proceed against microchip company NvidiaThe Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed.
Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
Read full article: Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly lawsShares of Nvidia have slipped after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws.
Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
Read full article: Stock market today: Wall Street gains ground as it notches a winning week and another Dow recordStocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average.
Stock market today: Most of Wall Street climbs as Nvidia swings, bitcoin rises and Alphabet sinks
Read full article: Stock market today: Most of Wall Street climbs as Nvidia swings, bitcoin rises and Alphabet sinksU.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected.