NVIDIA, a prominent technology corporation known for its graphics processing units, could potentially see a significant decline in its stock price, according to a recent analysis by 24/7 Wall Street. The report suggests that the stock price of NVIDIA could drop as low as $50 per share, marking a substantial decrease from its current value. … Read more
Alibaba Cloud engineer Ennan Zhai shared research on the design of data centers used for LLM training via GitHub. The document describes how Alibaba used Ethernet to enable 15,000 GPUs to communicate. They developed the High Performance Network (HPN) to overcome issues with uneven traffic distribution. Alibaba Cloud divided its data centers into hosts with … Read more
NVIDIA (NASDAQ: NVDA) has seen significant success in the stock market in 2024 and recently announced a 10-for-1 stock split. In a video by Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe, the implications of this move for investors are discussed. While a stock split can be seen as a positive sign, it doesn’t necessarily … Read more
Nvidia (NASDAQ: NVDA) has recently seen a surge in its stock value, prompting the company to announce a 10-for-1 stock split to make its shares more accessible to a wider range of investors. While stock splits do not inherently change a company’s valuation, they can offer more affordable entry points for potential investors. Despite the … Read more
Broadcom recently announced that it will be conducting a stock split, which has garnered the attention of investors. This decision comes as AI chipmakers like Nvidia are experiencing significant growth and driving excitement in the market. A stock split is when a company divides its existing shares into multiple new shares, effectively lowering the price … Read more
Nvidia has been a top performer in the AI race, with a 149% increase in stock price in the first half of 2024 due to tripled revenue. However, the valuation of Nvidia appears high, with a forward P/E ratio of 45, which could limit gains. Other AI server stocks such as Supermicro (NASDAQ: SMCI) and … Read more
Nvidia’s shares rebounded by more than 6% on Tuesday, closing at $126.09 after a three-day selloff that caused a drop to $118.11. The company’s market capitalization rose to $3.1 trillion, recovering from Monday’s $2.9 trillion and regaining its position as one of the most valuable public companies in the world. Despite the recovery, Nvidia still … Read more
The CEO of Amazon Web Services (AWS) and the CEO of NVIDIA announced an expanded collaboration on generative AI during the AWS re:Invent 2023 conference held in Las Vegas, Nevada. This partnership has garnered positive attention, with Nvidia shares experiencing a 150% increase in the first half of 2024, outperforming the S&P 500 by tenfold … Read more
Nvidia’s market capitalization has increased by an impressive $1.8 trillion by 2024. This significant growth showcases the company’s prowess in the market. Article Source https://www.marketwatch.com/amp/story/nvidia-has-added-1-8-trillion-of-market-cap-in-2024-heres-how-big-that-is-2147d7c4
Nvidia’s journey to success began well before the rise of artificial intelligence (AI), with a history of innovation in gaming and personal computing dating back to its founding in 1993. CEO Jensen Huang and his co-founders started the company with a vision to bring 3D graphics to the forefront of gaming and multimedia industries. This … Read more