The US Department of Justice and the Federal Trade Commission have agreed to investigate Nvidia, Microsoft, and OpenAI for potential antitrust violations in the AI industry. The Department of Justice will focus on Nvidia, while the FTC will handle Microsoft and OpenAI. One area of concern is Nvidia’s dominance in the market with its chips … Read more
Artificial Intelligence (AI) has been making headlines lately with product launches from companies like OpenAI, Google, and Microsoft. The next awaited announcement is from Apple at their upcoming WWDC conference, where the industry is anticipating to see the latest developments in AI technology. When examining AI, it can be categorized into three main areas: AI … Read more
The S&P 500 index has reached an all-time high point for the 24th time this year, setting impressive records in the stock market. However, the continuous success of the S&P 500 seems to be heavily dependent on the performance of a select group of tech stocks known as the “Magnificent 7”. These seven tech companies … Read more
Nvidia (NVDA) recently reported strong earnings, leading to a surge in its stock price and market capitalization. Analysts are optimistic about the company’s growth potential, despite some concerns about future growth already being priced in. Nvidia’s recent announcements of new supercomputers powered by Nvidia Grace Hopper Superchips are expected to accelerate scientific research and industry … Read more
Nvidia’s stock price has more than doubled this year, reaching a market value of over $1.3 trillion after reporting better-than-expected quarterly results. The chipmaker has experienced increased demand for its semiconductors used in AI applications, leading to a tripling of revenue compared to the previous year. Nvidia has established itself as a key player in … Read more
Nvidia thrived in its latest earnings season, surpassing revenue and earnings expectations. CEO Jensen Huang’s optimistic outlook and robust revenue guidance highlighted the significance of AI chips in transforming data centers. Revenue for the first quarter of fiscal 2025 surged 262% year over year to $26.04 billion, surpassing analyst forecasts. Adjusted earnings per share also … Read more
The fierce competition for market dominance among Google Cloud Platform (GCP), Amazon Web Services (AWS), and Microsoft Azure has transitioned from the cloud to generative AI (GenAI), with a focus on developing new large language models (LLMs) for various use cases and devices. Omdia recognizes GCP for its cutting-edge AI technology, while AWS is favored … Read more
Nvidia stock continues to be a strong investment choice due to its anticipated growth in data center revenue. InvestorPlace suggests that Nvidia’s data center revenue will be impressive and supports the idea that the company is a smart buy for long-term investors. Additionally, InvestorPlace highlights the potential for new opportunities in artificial intelligence investments, such … Read more
Nvidia Corp’s rivals and top clients are joining forces with OpenAI to create software that enables the transition from Nvidia chips to artificial intelligence development. Despite Nvidia’s dominance in the market, competitors like Intel Corp, Advanced Microdevices Inc, and Qualcomm Inc are focusing on Nvidia’s software platform, Cuda, to attract customers, as reported by the … Read more