Nvidia, a leading figure in the AI revolution, is set to hold its annual shareholder meeting on June 26, 2024. While annual meetings typically don’t have as much impact as earnings reports, it is still an important event for investors to keep an eye on. The meeting will give insight into Nvidia’s strategy, future plans, … Read more
In the latest episode of Motley Fool Money, analysts Tim Beyers and Ricky Mulvey discuss Oracle’s strong results, particularly in the Cloud services and AI business, with a focus on the impact of remote direct memory access. Microsoft’s AI strategy, particularly its focus on start-ups for AI services, is also highlighted. In another segment, analysts … Read more
Nvidia has seen exponential growth in recent quarters, with its free cash flow skyrocketing to around $15 billion on a quarterly basis. This increase in cash flow provides the company with ample opportunities for growth, such as acquisitions and new product development. Additionally, Nvidia’s revenue growth rate has exceeded 200% for several quarters, fueled by … Read more
In recent months, Intel (INTC) has been a stock to watch due to its focus on artificial intelligence and chip manufacturing. However, the company’s negative free cash flow of $12 billion and declining revenue and operating income since 2021 raise concerns about its financial stability in the short term. Investors nearing retirement may want to … Read more
SoundHound AI, a company recently backed by Nvidia, has seen significant gains in its small-cap stock after Nvidia revealed its investment. While some may be unfamiliar with SoundHound, it has been around since the mid-2000s and has shifted its focus to AI-powered speech recognition. While the stock rose sharply, it has since cooled off due … Read more
Nvidia has overtaken Apple and Microsoft to become the most valuable company in the world following a 10-for-1 stock split. The split has made shares more accessible to investors, leading to an increase in stock price by about 12%. The company has seen incredible revenue growth, especially in its AI business, with expectations of $28 … Read more
Nvidia’s recent stock split has made its shares more accessible to a wider range of potential buyers, with the stock now trading around $135 compared to over $1,200 before the split. Despite appearing more reasonably priced post-split, the stock is actually trading at a higher valuation of 50x future earnings estimates, up from about 30x … Read more
Intel has introduced its latest process node, Intel 3, which is expected to bring significant improvements and cater to foundry customers for many years. This new process node follows the launch of Intel 7 and Intel 4, and is considered crucial for Intel’s ambitions of regaining manufacturing dominance. The Intel 3 process node is the … Read more
Broadcom, a hot semiconductor stock, has decided to follow in Nvidia’s footsteps by splitting its shares in a 10-to-1 ratio. This move, set to take effect on July 15, has garnered attention from investors. While the stock has already risen over 60% in 2024, the split may open doors for more investors to afford shares … Read more
Hewlett Packard Enterprise (HPE) and Nvidia recently announced a partnership that will have significant implications for investors in both companies. The collaboration is focused on advancing artificial intelligence (AI) technologies and solutions, which are becoming increasingly important in today’s digital landscape. One key aspect of the partnership is the integration of Nvidia’s AI software with … Read more