NVIDIA Corp Archives - ResortHatch

2024-12-18

Nvidia falls deeper into correction territory, Broadcom reverses earlier gains to tick lower

Nvidia shares closed down more than 1% on Tuesday, as Broadcom shares reversed earlier gains to also move lower. On Monday, Nvidia entered correction territory — broadly defined as the point when a stock falls 10% or more from an all-time high close. Nvidia hit its closing high of $148.88 last month. After initial rising in trading before the…

2024-11-20

Russia-U.S. tensions hit markets as Putin lowers threshold for nuclear strike

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Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty Images Global stocks briefly fell and investors fled to safe-haven assets for a time on Tuesday, as global markets reacted to escalating tensions between the world’s two largest nuclear powers: Russia and…

2024-11-19

Super Micro hires new auditor to maintain Nasdaq listing; shares pop

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Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Monday that it’s hired BDO as its new auditor and submitted a plan to Nasdaq detailing its efforts to regain compliance with the exchange….

2024-10-22

Goldman forecasts just a 3% S&P 500 annual return the next 10 years

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The S & P 500 will serve up a minuscule return over the next decade that falls far short of the booming gains from the last decade, forecasts Goldman Sachs’ equity strategy team, citing today’s high concentration in just a few stocks and a lofty starting valuation. The broad market index will produce an annualized nominal total return of…

2024-10-19

Intel seeks billions for minority stake in Altera business, sources say

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Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel is looking to sell at least a minority stake in its Altera unit in a…

2024-10-18

Nvidia stock rises to new record, above June high as AI trade rekindled

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Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Nvidia rose to a new record Thursday as investors piled back in to the artificial intelligence trade, which had stalled a bit since the summer. The stock rose more than 3% at…

2024-10-15

Nvidia shares hit a record as chipmaker market cap tops $3.4 trillion

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Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Nvidia shares closed at a record on Monday as Wall Street gears up for earnings season and updates from all of the chipmaker’s top customers on their planned spending on artificial intelligence infrastructure. The…

2024-10-12

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

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AMD launched a new artificial intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, Advanced Micro Devices said Thursday during an event announcing the new product. If AMD’s AI chips are seen by developers…

2024-10-08

Super Micro soars after company says shipping over 100,000 AI GPUs

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Super Micro CEO Charles Liang. Source: Supermicro Super Micro Computer shares jumped 15% after the server company said it’s shipping more than 100,000 graphics processing units used for artificial intelligence per quarter. That could translate into several billions of dollars of orders if the average price of a GPU is around the cost of Nvidia‘s $30,000 chip. The GPU…

2024-10-04

OpenAI raises at $157 billion valuation; Microsoft, Nvidia join round

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OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. While OpenAI didn’t name the investors in Wednesday’s press release, a person with knowledge of the matter said the round was led by Thrive Capital and included participation…

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Tag: NVIDIA Corp

Nvidia falls deeper into correction territory, Broadcom reverses earlier gains to tick lower

Russia-U.S. tensions hit markets as Putin lowers threshold for nuclear strike

Super Micro hires new auditor to maintain Nasdaq listing; shares pop

Goldman forecasts just a 3% S&P 500 annual return the next 10 years

Intel seeks billions for minority stake in Altera business, sources say

Nvidia shares hit a record as chipmaker market cap tops $3.4 trillion

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

Super Micro soars after company says shipping over 100,000 AI GPUs

OpenAI raises at $157 billion valuation; Microsoft, Nvidia join round

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