Plenty of stock have ridden the boom in artificial intelligence (AI) this year. I'm going to focus on the two that make my buy list. One aspect of AI software is the huge demand for data processing power,
While Intel said it will miss its modest 2024 revenue goal for Gaudi processors, rival AMD upgraded its full-year sales forecast for Instinct GPUs to a much higher number in the Nvidia-dominated data center AI chip market.
Until then, however, Nvidia remains the king of the AI revolution. While it currently sells for roughly 34 times next year's sales, Nvidia's long track record of success, industry dominance, and entrenched position make it the name to beat.
Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral, the FT reported.
In this analysis, I’ll leverage TipRanks’ Stock Comparison Tool to closely examine three leading AI investment opportunities. Although Nvidia
Therefore, it's expected to benefit NVDA, given its market leadership in AI chips. The recent earnings release from arch-rival AMD (AMD) suggests the Lisa Su-led company is not assessed to offer significant near-term challenges to Nvidia's throne.
Unlike NVIDIA, which thrives on GPU-driven AI, Apple is focusing on AI features that run directly on devices, reducing dependence on cloud-based processing. Image Credit: Reuters NVIDIA has once again surged past Apple to become the most valuable publicly ...
Nvidia has overtaken Apple to become the world’s most valuable company, driven by strong demand for AI technologies. The semiconductor company reached a market capitalisation of $3.43 trillion, surpassing Apple's $3.38 trillion. This change highlights ...
The European Union has tossed a wrench in the works of chipmaker Nvidia's proposed acquisition of Tel Aviv-based AI workload management startup Run:ai.
Nvidia has overtaken Apple to become the most valuable corporation worldwide, reflecting AI’s growing dominance. Bloomberg reported that on 5,
Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems.