NVIDIA (NASDAQ:NVDA) is gearing up to announce its fiscal first quarter 2025 results, a highly anticipated event in the stock market. The chip giant has been a significant player in the market rally, consistently surpassing estimates and driving optimism around AI technologies. However, there are concerns about whether NVIDIA will be able to maintain this … Read more
Ark Invest, led by Cathie Wood, made significant trades on Monday, including purchasing shares of Shopify Inc. (SHOP) and Advanced Microdevices Inc. (AMD). Ark Invest’s Ark Fintech Innovation ETF acquired 34,060 shares of Shopify, valued at approximately $2 million, after the company released its first-quarter earnings report. Despite Shopify reporting a loss of $273 million, … Read more
Nvidia has been at the forefront of the AI hardware rally for over a year, with its stock soaring more than 200% in the last 12 months alone. The company’s value is expected to peak soon, pending the release of its earnings report later this week. This report will provide insight into investor appetite for … Read more
Summary: U.S. stock index futures showed little movement on Monday afternoon as buying momentum in technology stocks paused. The Nasdaq was expected to reach historical highs with the upcoming earnings report from Nvidia. Concerns about interest rates and inflation persisted, with Federal Reserve officials highlighting the need for confidence in inflation data before considering rate … Read more
The upcoming earnings report from NVIDIA (Nasdaq: NVDA) on May 22 is expected to have a significant impact on the stock market the following day. While there is uncertainty about the outcome, historical trends suggest that positive earnings could lead to a bullish move in the market. However, a weak or flat market before the … Read more
Delivery times for Nvidia’s AI chips have been reduced, but demand for the products continues to be strong, industry insiders report. Despite efforts to expedite production and delivery, customers are still keen on acquiring these advanced chips for various applications. Article Source https://www.digitimes.com/news/a20240520PD219/nvidia-chips-demand-ai-computex.html
NVIDIA CEO Jensen Huang recently announced a partnership with longtime partner Dell to provide the new Blackwell AI GPUs for Dell’s new AI factory during an interview with Bloomberg. According to Jensen, Dell’s AI factories will play a crucial role in driving the ongoing wave of artificial intelligence (AI) by utilizing the latest CPUs, GPUs, … Read more