Nvidia

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Nvidia Results Add to Investors' AI Concerns

Profit beat analysts' expectations, but there was a miss in key segment

(Newser) - Nvidia's sales of its artificial intelligence chipsets rose at a slower pace than analysts anticipated during the company's latest quarter, a letdown likely to stoke worries that the AI craze has been fool's gold.
  • The results announced Wednesday were hotly anticipated because Nvidia has emerged as a
...

In One Area, Trump Is Praised on the Left, Bashed on the Right

President's deals with private companies described as akin to state socialism

(Newser) - A strange dynamic is playing out in regard to President Trump's new moves on the economy—he and liberal Sen. Bernie Sanders are fully in sync. After the Vermont independent backed the idea of the US acquiring a stake in Intel and other chipmakers, Reuters observed that the "...

Tech Stocks Suggest Cracks in the AI Hype

Investors sell, shift to 'defensive plays'

(Newser) - After months of blockbuster gains, Wall Street's top tech stocks are suddenly stumbling as questions about artificial intelligence and stretched valuations unsettle even their most loyal investors. While the prospect of lower interest rates are energizing real estate, banks, and manufacturers, tech stocks are showing signs of fatigue....

US Strikes an Unprecedented Deal Over Chip Sales to China

Government allows Nvidia, AMD to sell them—in exchange for a 15% cut

(Newser) - The Trump administration has struck a highly unconventional deal with two tech giants: It will allow them to sell chips to China in exchange for a 15% cut, reports the New York Times .
  • The companies are Nvidia, which will ship an artificial intelligence chip called H20, and Advanced Micro
...

The World Now Has Two $4 Trillion Companies

Microsoft crosses the threshold to join Nvidia

(Newser) - Nvidia got there first , but Microsoft on Thursday became the second company to reach the $4 trillion threshold. The company hit the milestone after its fourth-quarter earnings report pleased investors, reports the Wall Street Journal . Shares were up more than 5%, which pushed the company's market cap above the...

Nvidia Beats Apple, Microsoft to the $4T Mark

AI chipmaker is the first to hit that market cap

(Newser) - Nvidia has become the the first publicly traded company to reach a $4 trillion market value, leaping past Apple and Microsoft as its AI-powered chips fuel a new era of tech growth. CNN reports the company's stock jumped 2.5% on Wednesday, and in doing so pushed it...

Nvidia Results Eclipse Analysts' Predictions

'Global demand for NVIDIA's AI infrastructure is incredibly strong,' CEO says

(Newser) - Artificial intelligence technology bellwether Nvidia overcame a wave of tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered chips that are making computers seem more human.
  • Nvidia earned $18.8 billion, or 76 cents per share, for the period, a 26% increase from the
...

A Big Problem for AI: 'Hallucinations' Getting Worse

New York Times examines the problem as artificial intelligence systems gain power

(Newser) - A strange thing is happening in the world of artificial intelligence: As the bots grow more powerful, they are generating more mistakes—"hallucinations"—than ever, reports the New York Times . And as the story by tech writers Cade Metz and Karen Weise explains, "It is not entirely...

Biggest Inauguration Donor Was a Poultry Company

Pilgrim's Pride gave $5M of Trump's record $239M haul

(Newser) - President Trump not only won the 2024 election, the campaign to raise cash for his inauguration also hit the jackpot. As NBC News reports, Trump's inaugural committee raised a staggering $239 million, smashing the previous record—also held by Trump from his first inauguration—of about $107 million. Bloomberg...

Lutnick: Don't Count on Tech Exemptions From Tariffs

The products will be included in a future round, he says

(Newser) - That exemption from President Trump's tariffs for certain electronics and the computer chips that power them is nice while it lasts, Commerce Secretary Howard Lutnick suggested Sunday. "They're exempt from the reciprocal tariffs, but they're included in the semiconductor tariffs, which are coming in probably a...

The Top 10 Companies That Have Innovation in Spades

Waymo tops Fast Company ranking of the most groundbreaking firms across the globe

(Newser) - There are global firms that aren't only "keeping up," but also "setting the pace." Fast Company has taken a deep dive into the world's most innovative companies, across all major industries, and come up with the best of the best, many of which are...

Nvidia Tumbles 8.5% Despite Strong Profit Report
S&P 500's Post-Election
Rally Almost Wiped Out
MARKETS
Feb 27, 2025 3:27 PM CST

S&P 500's Post-Election Rally Almost Wiped Out

Nvidia's 8.5% drop was a heavy weight on index

(Newser) - US stock indexes fell sharply Thursday as Wall Street's frenzy around artificial-intelligence technology faltered some more.
  • The S&P 500 sank 94.49 points, or 1.6% to 5,861.57 for its fifth drop in six days after setting an all-time high last week. Wall Street's main
...

Nvidia's Profit, Sales Beat Wall Street's Expectations

Jensen Huang says demand for Blackwell chips is 'amazing'

(Newser) - Nvidia reported a surge in fourth-quarter profit and sales Wednesday as demand for its specialized Blackwell chips that power artificial intelligence systems continued to grow. For the three months that ended Jan. 26, the tech giant based in Santa Clara, California, posted revenue of $39.3 billion, up 12% from...

The World's Most Admired Companies
The World's Most
Admired Companies
Jan 31, 2025 10:41 AM CST

The World's Most Admired Companies

Apple takes top spot on Fortune list for 18th straight year

(Newser) - Fortune has released its annual list of the world's most admired companies—based on what it says is "a poll of thousands of executives, directors, and analysts"—and one of the things they appear to admire most is market capitalization. Four of the top five are...

Stock Rout Costs CEO $20B in One Day

Net worth of Nvidia's Jensen Huang fell by 20% thanks to China's DeepSeek

(Newser) - Monday's market rout of chip-maker Nvidia cost its CEO a pretty penny: Jensen Huang lost about $20 billion, or 20% of his net worth, reports Bloomberg . The company's shares plunged 17% thanks to the stunning success of Chinese startup DeepSeek in the world of artificial intelligence, and pretty...

Nvidia Is Suffering Biggest Market Rout in History

Company has shed more than $500B in market value because of Chinese startup DeepSeek

(Newser) - Nobody is feeling the shock of Chinese startup DeepSeek's entry into the AI market more than Nvidia. The chip-maker's stock had plunged 16% as of midday Monday, wiping off more than $500 billion in market value, reports the Wall Street Journal . That puts the company on track for...

What Is AI's DeepSeek? The World Is Finding Out
What Is AI's DeepSeek?
The World Is Finding Out
the rundown
Jan 27, 2025 12:15 PM CST

What Is AI's DeepSeek? The World Is Finding Out

Chinese startup is rattling the industry with its new tool

(Newser) - ChatGPT, meet DeepSeek. The latter is a Chinese startup whose new AI assistant has just overtaken ChatGPT as the top downloaded app for iPhones. DeepSeek is also ratting US tech stocks—chip-maker Nvidia in particular—because its success threatens to undermine the world of artificial intelligence with a relatively inexpensive...

This Could Be One of Tech's Worst Stock Days in Years

A low-cost AI startup in China called DeepSeek is rattling markets

(Newser) - Monday might end up being one of the worst days for tech stocks in years, and it's all thanks to a low-cost AI startup out of China called DeepSeek, reports the Wall Street Journal . The tech-centric Nasdaq index was down more than 4% in pre-market trading, with Nvidia—which...

China Goes After Nvidia in Antitrust Probe

US microchip company's shares dip, amid investigation on its 2019 acquisition of Mellanox

(Newser) - Shares of Nvidia slid early Monday after China said it's investigating the high-flying US microchip company over suspected violations of Chinese anti-monopoly laws. In a brief press release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data transmission...

In Dow Realignment, Nvidia Replaces Rival

Pioneer Intel loses its place after 25 years

(Newser) - The Dow Jones Industrial Average is bouncing Intel in favor of booming rival Nvidia, a change reflecting the reversed fortunes of the two in their competition to profit from chips that run artificial intelligence systems. After 25 years in the index, the pioneering semiconductor company will lose its spot next...

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