Nvidia, known for its computer chips utilized in artificial intelligence software, became the world’s most valuable company after its share price reached an all-time high on Tuesday. The stock closed the trading day at nearly $136, experiencing a 3.5% increase, surpassing Microsoft in value. Earlier this month, Nvidia had surpassed Apple in value as well. … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/25343251/STK083_B_NVIDIA_B.jpg?w=1200&resize=1200,628&ssl=1 "Nvidia surpasses Microsoft to become the most valuable company in the world")
Nvidia, a leading GPU maker, has recently surpassed Microsoft to become the most valuable company in the world due to its chips driving the generative AI technology boom. With a market capitalization of $3.335 trillion and a share price of $135.58, Nvidia has outpaced rivals like Microsoft, Apple, and Google. Despite a share split in … Read more
Nvidia is currently the most valuable company in the world, according to Axios. This tech giant has seen significant success and growth in the market, making it a dominant force in the industry. Nvidia’s value speaks to its strong performance and success in the market, as well as its position as a leader in technology … Read more
Renowned economist and Bitcoin critic Peter Schiff recently shared his thoughts on the rise of Nvidia, the artificial intelligence giant, on Twitter. He highlighted that despite Nvidia’s success on the stock market, it contains a small amount of gold in each Graphic Processing Unit but does not contain Bitcoin. Schiff’s argument was countered by a … Read more
Nvidia took the lead as the most valuable company in the world, boasting a market capitalization of $3.34 trillion on Tuesday, surpassing both Microsoft and Apple. This surge in value can be attributed to the global demand for AI processors and Nvidia’s significant growth and financial success. In the first quarter of fiscal year 2024, … Read more
Microsoft recently faced another round of layoffs affecting its HoloLens 2 and Azure departments despite its impressive profits and market capitalization of $3 trillion. A leaked email memo suggested that the layoffs in the Azure department were to make way for AI advancements. The layoffs have affected almost all of Microsoft’s departments, including the gaming … Read more
Jensen Huang, the CEO of NVIDIA, shared a powerful career advice he received while visiting a temple in Kyoto, Japan. While walking in the moss-covered valley in the scorching summer heat, Huang stumbled upon an elderly gardener tending to the garden with small bamboo tools. The man revealed that he had been working there for … Read more
Nvidia exceeded expectations on Wall Street with a significant increase in profits driven by its leadership in chip manufacturing for the artificial intelligence sector. The company reported a sevenfold increase in net income, reaching $14.88 billion in the first quarter of 2021, compared to $2.04 billion the previous year. Revenue also more than tripled, rising … Read more
Microsoft overtakes Apple as the most valuable company. Broadcom stirs up a hornets nest when it dumps VMWare partners. The U.S. government demands that hospitals improve cybersecurity if they want government funding and Google is not only axing people, it’s dropping services as well. These and more top tech stories on this edition of … Read more
© Reuters. In the upcoming $75 billion merger between Broadcom (NASDAQ:) and VMware (NYSE:), set to close on October 30, an equity option has emerged as a potentially lucrative opportunity for VMware investors. The merger is part of a wider trend in the technology sector, with major companies seeking to consolidate their positions through strategic … Read more