Nvidia Has AI to Thank for Entering the $1 Trillion Club
Nvidia joined the likes of Apple, Microsoft, and Amazon to become one of a handful of US companies with a trillion-dollar valuation.
Source: businessinsider.com
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Jim Chanos Rolls Eyes at AI Hype As Nvidia Signals It May Issue Stock
"Wall Street is quite good at creating supply to meet demand," the famed short seller said in a dig at the ChatGPT-fueled mania around AI stocks.
Source: businessinsider.com
Cohen's Point72 Likely Made $100 Million on Nvidia Stock in 2 Months
Steve Cohen's Point72 bought nearly 1 million shares of Nvidia last quarter, worth roughly $400 million today thanks to the chipmaker's surging stock.
Source: businessinsider.com
Nvidia Stock Is Soaring. Here's Why It's Winning the AI Race so Far.
Nvidia's role in powering the AI sector's vast ambitions means it will be a clear leader in the space for a long time, sources told Insider.
Source: businessinsider.com
Hedge Fund Scores $5 Billion Gain on Nvidia Stock As AI Boom Rages on
Jennison Associates' nearly 1% stake in Nvidia has ballooned in value from $3.4 billion to $8.6 billion this year, assuming it hasn't cashed out.
Source: businessinsider.com