Tag: NASDAQ: NVDA
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Nvidia Unveils Blackwell: The Next-Gen AI Architecture Powering the Future of Computing
Nvidia (NASDAQ:NVDA) unveiled its latest advancement in graphics processor architecture named Blackwell on Monday, marking a significant leap forward from its existing Hopper technology. This new development aims to enhance the performance and efficiency of artificial intelligence (AI) systems, such as OpenAI’s ChatGPT, cementing Nvidia’s role as a key player in the AI hardware market.…
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S&P Futures Dip as Market Awaits Federal Reserve Meeting Minutes and Nvidia’s Quarterly Results
March S&P 500 E-Mini futures (ESH24) are showing a downward trend of -0.14% this morning as market participants await the release of the Federal Reserve’s January policy meeting minutes while also looking forward to the quarterly results from chip manufacturer Nvidia. On Tuesday’s trading session, major Wall Street indices closed in the red, with the…
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Nvidia Surpasses Tesla as Wall Street’s Most Traded Stock Amid AI Boom
Chip manufacturer Nvidia (NASDAQ:NVDA) has overtaken Tesla (NASDAQ:TSLA) as Wall Street’s most actively traded stock, further establishing its significance after rising to become the third-most valuable company in the U.S. This shift underscores the increasing importance of AI-related investments for investors. The high volume of daily trading in Nvidia shares could pose risks for investors…
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Earning Releases: Nvidia, Walmart and Home Depot Are Expected To Beat Estimates
NVIDIA (NASDAQ:NVDA) NVIDIA is confirmed to report earnings on Wednesday, February 21, 2024 at approximately 4:20 PM ET. The consensus earnings estimate is $4.55 per share on revenue of $20.24 billion, representing 234.5% year-over-year revenue growth. The company’s guidance was for earnings of $4.28 to $4.66 per share on revenue of $19.60 billion to $20.40…
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Baidu Places Order for Huawei AI Chips Instead of Nvidia Sources
Baidu (NASDAQ: BIDU) commissioned artificial intelligence chips from Huawei this year, said two people familiar with the matter, adding to signs that U.S. pressure is leading China to embrace the company’s products as an alternative to Nvidia (NASDAQ: NVDA). One of the sources said that Baidu, one of China’s leading AI companies operating the large…