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Tech
Broadcom hits $1T market cap after CEO’s ‘huge’ AI prediction
Broadcom is predicting a massive expansion in demand for chips that power AI — and the market, for now, is buying…
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Supreme Court tosses Nvidia appeal to dismiss shareholders’ fraud lawsuit
The US Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing artificial intelligence chipmaker Nvidia of misleading…
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Nvidia shares slide after China launches probe of suspected anti-monopoly violations
Shares of Nvidia slid early Monday after China said it is investigating the high-flying microchip company over suspected violations of…
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Investors fear the AI revolution may face a ‘Napster’ problem
It seems like the sky’s the limit for artificial intelligence. AI chipmaker Nvidia is one of the market’s hottest stocks.…
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‘Age of AI is in full steam’
Nvidia forecast fourth-quarter revenue slightly above estimates on Wednesday, but still failed to meet lofty expectations of some investors who have…
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Nvidia replacing Intel in Dow Jones Industrial Average
Intel will lose its spot in the Dow Jones Industrial Average after a 25-year run to Nvidia, S&P Dow Jones Indices said…
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Nvidia in talks with Elon Musk about investing in xAI: source
Chipmaking giant Nvidia is in talks with Elon Musk about investing in his fast-growing artificial intelligence startup xAI, a source…
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Nvidia overtakes Apple as world’s most valuable company
Nvidia briefly dethroned Apple as the world’s most valuable company on Friday, following a record-setting rally in the stock powered by…
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ChatGPT owner OpenAI valued at whopping $157B
Sam Altman’s OpenAI raised $6.6 billion in a new fundraising round that nearly doubled its valuation to $157 billion –…
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