NVIDIA Orders 300,000 AI Chips
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If Artificial General Intelligence becomes even partially realized over the next few years, the demand for NVDA high-performance computing could soar exponentially
The chip company is waiting to sell its H20 chips in China again, which a Mizuho analyst said will help the case for its earnings per share to reach $7 next fiscal year.
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Investor's Business Daily on MSNStock Market Today: Dow Falls 200 Points, Nasdaq Ends Win Streak; Nvidia Makes This Move (Live Coverage)Volume was lower on the Nasdaq exchange while higher on the New York Stock Exchange compared with Monday, in preliminary numbers. On the Nasdaq exchange, falling stocks edged out rising ones by more than 2-to-1. In yet another rotation on the NYSE, winners slightly edged out losers.
Nvidia stock boom continues as AI demand and GPU dominance push NVDA toward $5T. Analysts forecast $200B in revenue this fiscal year.
Nvidia's CEO has sold millions of dollars worth of his company's shares this year, and he's not done selling yet.
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On Monday, Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.
AMD stock has surged nearly 30% since April, and Blanke Schein’s CIO believes it’s still a top AI play despite high valuation.
Nvidia ( NVDA -0.12%) has been one of the best-performing stocks in recent years, with its price up more than 1,000% since 2023 and around 250% since 2024. However, one Wall Street analyst believes that Nvidia still has plenty of room to soar.
So, can Supermicro, a manufacturer of data center components, become the next NVIDIA, and is it a worthwhile investment? Let’s explore –- Supermicro’s shares surged 10% on Monday after Digi Power X announced a provisional patent for its ARMS 200 modular data center,
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Stocktwits on MSNNvidia Stock On Track For Fresh Peak After Reportedly Ordering 300K H20 AI Chips From TSMC — Retail Optimism GrowsAs Nvidia’s China headwinds begin to abate, the Jensen Huang-led company could be seeing a surge in demand for its products in this key market. A Reuters report, citing two sources, said Apple had placed orders for 300,
Admittedly, it's hard to envision Nvidia doing it again. After all, the GPU maker now sports a market cap of over $4.2 trillion -- the highest valuation for any company ever. To turn $10,000 into $1 million, Nvidia's market cap would have to grow to a mind-blowing $420 trillion.