Alphabet is best known for its Google subsidiary and has a market cap of about $2.4 trillion as of this writing. With a valuation of just 23 times forward earnings, there's also a solid case to be made that it is the cheapest of the Magnificent Seven stocks right now.
AI researchers and data scientists. Nvidia announced Project DIGITS — a desktop AI supercomputer with the company’s latest Blackwell AI chip starting at $3,000 — to enable AI researchers and data scientists to work on AI models without tapping “Nvidia’s cutting-edge AI chips housed in data centers,” the Journal reported.
Behind declines for shares of NVIDIA Corp. and Amazon.com Inc., the Dow Jones Industrial Average is declining Tuesday afternoon. The Dow was most recently trading 234 points lower (-0.5%), as shares of NVIDIA Corp.
AI chips sales drove Nvidia stock higher in 2024. Now Nvidia could be building out data centers to support a cloud-based AI software business.
BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
Huang said he would do everything he can to help President-elect Donald Trump's administration succeed.
Discover how Nvidia Corporation's revenue soared in 2024, driven by hyperscaler investments in AI data centers, solidifying its dominance. Click for more on NVDA.
Nvidia ( NVDA -6.22%) has been one of the greatest growth stocks in recent history. Over the past decade, the chipmaker's share price (adjusted for splits) soared by 28,610%. That would have turned a modest $1,000 investment into about $287,100.
Nvidia sells graphics processing units (GPUs) that provide computing power for various uses. More than two decades ago, the main function was to support PC gaming. But what has put the business on the map in recent years has been its GPUs that enable training AI models in massive data centers, now representing the bulk of the chipmaker's sales.
Nvidia stock briefly touched a new record Tuesday following a high-profile speech from its billionaire leader Jensen Huang, but surprisingly reversed quickly to a significant daily loss, headlining a surprise stark selloff across technology stocks.
Nvidia CEO Jensen Huang has added his name to the list of tech chiefs eager to pledge fealty to incoming US president Donald Trump, saying in an interview with Bloomberg Television that he'd be "delighted" to go to Mar-a-Lago to congratulate Trump on his election victory—he just hasn't been invited yet.
See why Nvidia Corporation should reach a $10 trillion market cap with its dominant GPU technology, strong growth potential, and leadership. Click for more on NVDA.