AI, Nvidia
Digest more
“Nvidia hitting a $5 trillion market cap is more than a milestone; it’s a statement, as Nvidia has gone from chip maker to industry creator,” Matt Britzman, senior equity analyst at Hargreaves Lansdown, which holds shares in the company, told Reuters.
A leading Republican voice in Congress on China policy said on Wednesday that selling Nvidia's best AI chip to China "would be akin (to) giving Iran weapons grade uranium", as experts argued it would shrink the American advantage in artificial intelligence.
Qualcomm announced the AI200 and AI250 and has plans to release AI chips annually.
Nvidia CEO Jensen Huang urges the US to stay engaged with China in the global AI race, warning that isolation could hurt innovation and long-term leadership.
Nvidia Corporation's data center growth and AI leadership position could drive NVDA stock up 25%. Click for my updated look at NVDA stock prospects.
Nvidia, a brand that has become synonymous with artificial intelligence (AI), has 95% of its $4.3 billion portfolio invested in CoreWeave and Arm. CoreWeave has been recognized as the best GPU cloud on the market due to its superior performance and close relationship with Nvidia.
B EFORE CO-FOUNDING Nvidia, the pioneer of artificial-intelligence (AI) chips, Jensen Huang was a busboy at Denny’s, a restaurant chain. He playfully reminded people of this on
Druckenmiller was quick to see the growth opportunities for Nvidia and Palantir. Valuation concerns ultimately led him to shed both stocks from his portfolio. This trillion-dollar company offers a more compelling value with multiple avenues for AI growth.