Page 2 - Nvidia Ai News Today

Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering demand for its industry-leading AI chips.

Nvidias market value surpasses $2 trillion as AI chip demand skyrockets. It leads S&P 500, plays a vital role in the tech revolution. Shares surge, adding over $230 billion to market cap. China imposes chip sales restrictions. Analysts earnings estimates increase.

Nvidias market value surpasses $2 trillion as AI chip demand skyrockets. It leads S&P 500, plays a vital role in the tech revolution. Shares surge, adding over $230 billion to market cap. China imposes chip sales restrictions. Analysts earnings estimates increase.

The poster child of stocks’ record run in recent months, Nvidia came into Wednesday’s earning report on a rare cold streak.

Even after Nvidia’s almost$110 billion pre-earnings selloff Tuesday, its 365% gain since the beginning of last year is by far the best of any S&P 500 stock.

Singapore-based Silicon Box specializes in chiplets, an increasingly popular way of making high-performing chips. To help ramp up production, the startup recently raised $200 million in a Series B round.

NVIDIA released its take on an AI chatbot with Chat with RTX for PCs. NVIDIA is joining the other Big Tech companies in the world that offer their take on AI chatbots, centering on the latest release of "Chat with RTX," made specifically for computers.

NVIDIA wants to be everywhere, with its new business unit to secure 'custom chip' customers for AI, telecom, game consoles, next-gen cars, and more.

Nvidia's customers, which include ChatGPT creator OpenAI, Microsoft, Alphabet and Meta Platforms , have raced to snap up the dwindling supply of its chips to compete in the fast-emerging generative AI sector.

Nvidia stock rose to a fresh all-time high Tuesday, as the artificial intelligence heavyweight continues to provide market-beating gains for investors in the new year ...