Intel was once the world’s largest semiconductor company, but its market cap plummeted in recent years as the chipmaker fell behind Taiwan Semiconductor Manufacturing Co. and spent billions of dollars trying to catch up. Now, Intel has entered high-volume production of 18A, the new chip node it says will turn …
Nvidia outperformed all expectations, reporting soaring profits Wednesday thanks to its graphics processing units that excel at AI workloads. But more categories of AI chips are gaining ground. Custom ASICs, or application-specific integrated circuits, are now being designed by all the major hyperscalers, from Google’s TPU to Amazon’s Trainium and …
Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Nvidia CEO Jensen Huang is expected to reveal details about Rubin, the chipmaker’s next AI graphics processor, …
Investors craving a boring backdrop for Nvidia earnings this week can just forget it. The main source of the hoopla is the emergent Chinese startup DeepSeek, which rattled the Club stock late last month with claims of more efficient AI models. Nvidia’s next-generation Blackwell chip platform has also faced rollout …
When Samsung reported fourth-quarter preliminary profit that missed market forecasts in a big way, its stock rose. Investors put aside the numbers and instead focused on comments from Nvidia CEO Jensen Huang, giving hope of a revival for Samsung in 2025. It comes after a near-$162-billion market cap wipeout for …
My top 10 things to watch Wednesday, Jan. 8 1. Did Club stock Nvidia deserve to fall so much? While stable early Wednesday, Nvidia shares closed down more than 6%. The AI chipmaker did not guide up much as some were hoping but that really wasn’t the point of CEO …
My top 10 things to watch Tuesday, Jan. 7 1. Wall Street was looking at a muted open Tuesday after the S & P 500 and the Nasdaq closed higher for a second straight session. Tech stocks, particularly chip names, drove the buying. Nvidia rose nearly 3.5% on Monday to …
The bulls returned to Wall Street on Friday after a brief hiatus. In the week ahead, investors from all camps will focus on a series of labor market reports for clues on where the U.S. economy and stock market may go from here. The S & P 500 , Nasdaq …
Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images As Michael MacGillivray saw artificial intelligence becoming more ubiquitous in everyday life, the 25-year-old wanted his investments to …
OpenAI is once again confronting a major shakeup. We’re taking a keen interest because several stocks in the Club portfolio have ties to the startup behind ChatGPT. Less than a year after CEO Sam Altman’s short-lived ouster rattled the startup behind ChatGPT, OpenAI is said to be mulling a plan …