Nvidia

Stories 1 - 20 |  Next >>

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...

Nvidia Momentarily Passes Apple in Value
Nvidia Momentarily Tops Apple
Oct 26, 2024 2:10 PM CDT

Nvidia Momentarily Tops Apple

AI growth bodes well for chipmaker, analyst says

(Newser) - Nvidia stocks' rally Friday pushed its value briefly to $3.53 trillion, passing Apple to become the most valuable company in the world. The rally was driven by demand for Nvidia's specialized artificial intelligence chips, NBC News reports. Apple was sitting at $3.52 trillion. At the end of...

Nvidia Results Beat Wall Street's Forecast

Revenue is up 122% from a year ago

(Newser) - Nvidia delivered its hotly anticipated results after the stock market's closing bell on Wednesday and the chipmaker once again beat Wall Street's expectations, though its shares fell in after-hours trading. The company reported second-quarter revenue of $30 billion, up 15% from the previous quarter and up 122% from...

World's 'Most Important Stock' Has a Big Moment This Week

All eyes are on Nvidia earnings to gauge the state of AI

(Newser) - It's the season for quarterly reports in the world of business, and one in particular coming Wednesday is the focus of much attention. That would be Nvidia, which for the last two years has been the main benefactor of the boom in artificial intelligence, reports CNBC . So much so...

Inside Nvidia's Crazy 10-for-1 Stock Split

AI company's market value, revenue are going bonkers

(Newser) - Nvidia has begun trading for the first time on the basis of a new 10-for-1 stock split , one that gives investors nine additional shares for every one that they already own, reports the AP . The chipmaker has seen soaring demand for its semiconductors, which are used to power artificial intelligence...

Stories 1 - 20 |  Next >>
Most Read on Newser