AI Darling Nvidia's Stock Could Keep Rising
When analyzing Nvidia (NASDAQ: NVDA), you can probably forgive some investors for writing it off as overvalued. The stock is up around 12-fold since its bear market low in 2022. Its valuation and growth rate stoke fears that it's flying too close to the sun and will crash when its wings melt.
Palantir is a “rare cult with no sex and very little drugs and we’re not poisoning anyone,” quipped its billionaire CEO in a recent sitdown.
Nvidia has dominated the AI narrative in the stock market, captivating investors and the media after soaring 2,190% over the past five years and becoming the most valuable company
Live Updates Make sure to refresh this page periodically for updates. US Banks Planning to Sue the Fed 8:08 am One of the biggest reports premarket is that US banks are planning to sue the Federal Reserve over annual stress tests.
Nvidia recently updated some of its clutter of PC apps, including the GPU-controlling GeForce Experience, to a single Nvidia App. And while that makes for fewer icons in your system tray, it seems the new program’s AI features are potentially harming your gaming framerates.
Nvidia is estimated to be paying $700 million for the Israeli AI company. The acquisition was originally announced in April.
The palm-sized Orin Nano is ideal for hobbyists and small companies looking to run AI applications locally, such as for use in industrial robots.
Italy's data protection agency said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of personal data by the generative artificial intelligence application.
Olympian Motors partners with Nvidia to develop AI-powered EV platform, leveraging advanced computing solutions for modular design and deployment.
Apple and NVIDIA shared details of a collaboration to improve the performance of LLMs with a new text generation technique for AI.
Apple is ramping up research and development of its own AI chip to reduce its reliance on third-party developers, potentially finally completely ending its decades-long unhappy relationship with Nvidia.