Nvidia Doubles Its Revenue, Exceeding Expectations
Nvidia reported its third-quarter revenue figures, which, contrary to popular belief, surpassed every expectation. The revenue figures beat expectations for sales and earnings while providing a better forecast for the current quarter. With the results, Nvidia has proved that it continues to grow quickly, and the demand for its powerful AI chips is at an…
John David
Nvidia Surpasses Apple to Become World’s Most Valuable
Nvidia, the AI chip and GPU maker, has once again surpassed Apple to become the most valuable company on the planet. During Tuesday’s trading, Nvidia surpassed Apple in market cap to claim the top step. Nvidia shares saw a noteworthy surge Tuesday as its share rose by 3% to $139.91, taking its market cap to…
Nvidia Suffers Billions in Losses as Market Value Plunge
Once the most valuable company in the world, Nvidia has suffered major setbacks in the last few months. The most recent one came on Tuesday when the company’s share plunged 9.5% or $279 billion. This marked the deepest single-day decline in the history of the US stock market. Analysts state that the main reason for…
Apple And Nvidia Interested in Investing in OpenAI
OpenAI, the world’s biggest AI research organization, has announced that it will be conducting another funding round that could value the firm at over $100 billion. However, the most interesting part is that two of the world’s tech companies seem to be interested in participating in the funding round. According to a report by the…
Are Nvidia’s Glory Days Over? Investors Not Happy
Nvidia’s quarterly forecast was released on Wednesday, and contrary to popular belief, it failed to meet investors’ expectations. As a result, the company’s share fell by 6% in after-hours trading. This affected not only Nvidia but also other tech giants, including AMD, Broadcom, and a few other tech behemoths. Although the company saw heady growth…