During an interview with CNBC, the CEO of Alger, Dan Chung, discussed the future of Nvidia and the potential challenges the company may face. Chung expressed confidence in Nvidia’s ability to overcome any obstacles and continue to grow and succeed in the market. Chung emphasized that Nvidia’s strong position in the industry, particularly in the … Read more
During the recent Edison Electric Institute’s annual meeting in Las Vegas, Antonio Neri, the president and CEO of Hewlett Packard Enterprise (HPE), discussed the impact of artificial intelligence on the technology and energy industries. Neri highlighted how AI is revolutionizing the way companies handle their data and operations, referring to it as the country’s latest … Read more
Rajiv Ramaswami, President and CEO of Nutanix Inc (NASDAQ:NTNX), recently sold 23,932 shares in the company on March 18, 2024, at an average price of $63.05 per share, totaling $1,509,226.60. Nutanix specializes in cloud computing, providing an integrated enterprise cloud platform that simplifies datacenter operations. Over the past year, Ramaswami has sold a total of … Read more
Broadcom’s acquisition of VMware has been met with criticism as the company’s strategy appears to focus on losing most of VMware‘s customers while retaining the largest ones for profitability. Mark Boost, CEO of Civo, expressed concerns about Broadcom’s intentions in an interview, highlighting that the company seems to prioritize around 600 accounts and is willing … Read more
NVIDIA’s stock has surged by 156% in 2024, with CEO Jensen Huang selling shares worth $94.6 million. He sold 720,000 shares, leaving him with 80.7 million shares. This follows a trend among chip CEOs, with Micron Technology’s CEO also selling shares. Qualcomm’s CEO sold 40,500 shares, and Coherent’s CEO intends to retire after selling 15,000 … Read more
Microsoft and Nvidia had been embroiled in a months-long dispute over AI chip design, with tensions rising due to Nvidia’s control over chip allocation and installation. Nvidia CEO Jensen Huang’s tight control over how chips are allocated to prevent stockpiling during supply shortages led to a clash with Microsoft, a major customer. The disagreement escalated … Read more
NVIDIA has seen its stock rise by 156% in 2024, leading founder and CEO Jensen Huang to sell shares through a trading plan, making him the top seller among chip CEOs. Other companies such as Micron Technology and Qualcomm have also witnessed their executives selling shares to fortify themselves. Huang recently sold 720,000 Nvidia shares … Read more
Nutanix President and CEO Rajiv Ramaswami recently sold a total of 22,824 shares of the company’s Class A Common Stock at an average price of $54.1705, amounting to approximately $1.24 million. These sales were part of a pre-arranged trading plan, allowing insiders to sell stocks at a future date. Ramaswami’s transactions followed the acquisition of … Read more
Ooredoo CEO recently announced that Nvidia is planning to expand its business into the Middle East region. This move is expected to bring new opportunities for consumers in the area. The CEO expressed enthusiasm about the upcoming collaboration with Nvidia, as it is likely to enhance technological advancements and offer innovative solutions to the market. … Read more
Nvidia co-founder Jensen Huang has seen his fortune soar to $119 billion, making him richer than Walmart heirs and the most valuable company in the world. The spike in his wealth is largely due to Nvidia’s successful performance in the AI investment craze, with better-than-expected quarterly earnings and revenue figures. Huang, who wears a leather … Read more