At least $1 billion in NVIDIA AI chips smuggled into China
Digest more
Europe has fallen behind China and the US in the development of AI capacity, producing less than 1% of the world’s semiconductors needed for AI. But the EU hopes to produce 20% of the world’s semiconductors by 2030.
President Trump said he wanted to break up the company despite not knowing who CEO Jensen Huang was. He's since changed his mind.
Nvidia’s (NVDA) rise from a gaming pure-play to an AI kingmaker has been nothing short of amazing. With cloud czars zooming to build the future with Nvidia chips at the heart of it, the company has become the cornerstone of a niche few even saw coming.
Nvidia recently became the first company to reach a $4 trillion market valuation, driven by its near-monopoly in AI chip technology.
Nvidia stock is hovering near-all time highs. Spending plans from Amazon.com, Microsoft, and Meta Platforms could send it higher.
Explore more
7hon MSN
These hedge fund billionaires sold Nvidia stock and added to their positions in the iShares Bitcoin Trust in the first quarter.
In automotive, MediaTek’s Dimensity Auto cockpit platform now integrates Nvidia RTX GPUs for advanced in-vehicle graphics and compute tasks. On the edge AI front, Nvidia’s TAO toolkit works alongside MediaTek’s NeuroPilot SDK, streamlining model training and deployment.
The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.
Nvidia's more attractive share price valuation, combined with its many other strengths, makes it the superior quantum computing investment. That said, Nvidia stock is on fire, having hit a 52-week high of $174.25 on July 18. As a result, you may want to wait for its share price to drop before buying.
SK Hynix flagged plans to lift spending this year on advanced chipmaking after posting a record quarterly profit on Thursday, boosted by strong demand for artificial intelligence chips and customers stockpiling ahead of potential U.
Despite LIDR stock's surge, AEye's valuation remains attractive given its modest market cap and early-stage revenue. Click here to find out why LIDR is a Buy.
For Wall Street and investors, arguably nothing is of greater importance than Nvidia's fiscal second-quarter operating results on Aug. 27 (Nvidia's fiscal year ends in late January). While most analysts are counting on another blowout performance, there are no fewer than five reasons the party can end on Aug. 27 for the face of the AI revolution.