Nvidia

NVIDIA Stock Sees Recovery After Historic USD 600 Billion Loss

29 Jan 2025

Shares of US-based chipmaker NVIDIA saw a significant recovery on Tuesday, January 28, climbing 8.82% to close at $128.86 per share. This came after a sharp 16.86% drop the day before, when the stock fell to $118.58. The drastic decline was driven by a global market rout sparked by Chinese startup...

Nvidia’s Stock Takes a Hit Amid Chinese AI Threat

28 Jan 2025

The stock of Nvidia dropped nearly 17%, wiping out around $600 billion in market value on January 27, 2024. This decline followed news about a Chinese generative AI model, developed by DeepSeek, which could challenge the US dominance in AI technology. DeepSeek's Competitive AI Model DeepSeek, a startup based in...

NVIDIA Criticizes Biden’s New Chip Rules, Claims They’re Attempting to ‘Preempt’ Trump

10 Jan 2025

NVIDIA also opposed restrictions from the Biden administration on the export of AI chips, with such a decision bound to harm the US economy as well as position itself globally. A market leader in AI chip products, NVIDIA went further arguing that the action would prove ineffective towards bolstering national...

Nvidia Unveils Project Digits: The Personal AI Supercomputer

07 Jan 2025

At CES 2025 in Las Vegas, Nvidia introduced Project Digits, a “personal AI supercomputer” that offers access to the company’s Grace Blackwell hardware platform in a compact form. “[Project Digits] runs the entire Nvidia AI stack — all of Nvidia software runs on this,” Nvidia CEO Jensen Huang said during...

AI Race Heats Up: Chinese Tech Giants Tencent and ByteDance Invest in NVIDIA’s Latest GPUs

01 Jan 2025

Tencent and ByteDance made significant strides by acquiring a large number of NVIDIA’s top-tier AI GPUs in 2024. As a result, they positioned themselves just behind Microsoft, the largest buyer. Both companies ordered around 230,000 Hopper GPUs, including a special H20 version tailored to comply with U.S. export restrictions for...

Viral Video: How Nvidia CEO Jensen Huang Won Over His Wife With A ‘Foolproof Pickup Line’ | WATCH

26 Nov 2024

At a recent event at the Hong Kong University of Science and Technology, Nvidia CEO Jensen Huang shared a heartwarming story about how he won over his wife during their teenage years. Huang, who was at the university to receive an honorary degree, recounted meeting his wife, Lori Wills, when...

Nvidia Launches Hindi-Language AI Model in India

27 Oct 2024

Nvidia launched a new, lightweight artificial intelligence model specifically for the Hindi language on Thursday, as it seeks to expand its footprint in India’s rapidly growing AI market. The California-based company announced that CEO Jensen Huang would meet with Reliance Industries Chairman Mukesh Ambani, Asia's wealthiest individual, at a conference...

Nvidia Surpasses Apple As World’s Most Valuable Company Amid AI Boom

25 Oct 2024

Los Angeles, California: Nvidia briefly surpassed Apple in market value, seizing the title of the world’s most valuable company. Driven by high demand for its advanced AI chips, Nvidia's stock market value peaked at $3.53 trillion on Friday, edging out Apple at $3.52 trillion, according to LSEG data. Historic Stock...

Nvidia On Track To Overtake Apple As World’s Most Valuable Comapny

15 Oct 2024

Shares of Nvidia surged on Monday, nearing record highs and positioning the leading AI chipmaker to potentially surpass Apple as the world’s most valuable company. Boosted by investor confidence in the demand for its upcoming Blackwell AI processors, the Santa Clara, California-based company's stock rose 2.8% to $138.57, just shy...

Nvidia’s Stock Dips Despite Record Earnings: Expert Insights

29 Aug 2024

San Francisco: Nvidia, the leading AI chipmaker, has reported impressive quarterly earnings but saw its stock price drop by about 4% in after-hours trading. Despite posting a record $30 billion in sales, the company's growth rate has slowed compared to previous quarters. Record Earnings with Slower Growth Nvidia's latest earnings...

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