Nvidia Lost Close to $600 Billion, Biggest Drop for Any Company on a Single Day in US History
Nvidia experienced a major loss on Monday, with its market value dropping by $600 billion, the largest one-day drop in ...
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Investors worry DeepSeek reduces AI chip demand, but there’s a case for remaining bullish on Nvidia
Chinese startup DeepSeek triggered panic among investors in top AI companies like Nvidia.DeepSeek claims to have built AI that rivals ...
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TikTok owner ByteDance is now China’s biggest buyer of Nvidia chips as it seeks to lead AI race, report says
US regulations bar China from directly acquiring Nvidia's powerful H100 GPUs.That hasn't stopped ByteDance from becoming Nvidia's largest buyer in ...
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Taiwan chip giant TSMC sued for alleged discrimination
WASHINGTON: More than a dozen US-based employees of Taiwanese chipmaking giant TSMC have sued the company for apparent discrimination against ...
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Nvidia CEO Jensen Huang defends Blackwell design problems in post-earnings interview, promising ‘billions’ in Q4 revenue
Nvidia CEO Jensen Huang defended production problems in a post-earnings call interview with Bloomberg TV.The tech company beat revenue estimates ...
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A new AI portfolio from Hewlett Packard Enterprise and Nvidia could help companies adopt the tech faster — HPE’s CTO shares how
Hewlett Packard Enterprise and Nvidia are teaming up to simplify generative-AI adoption.The product integrates Nvidia AI computing with HPE's storage, ...
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Nvidia chips used to power advanced AI are finding their way to the Chinese military despite US blockade
Nvidia, an American company, makes powerful chips that are fueling a global AI boom.The US limits the kind of chips ...
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Nvidia Loses World’s Most-Valuable Company Spot to Microsoft
Nvidia, once considered the world’s most valuable company, lost its top position to Microsoft on June 20th. This shift occurred ...
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Goldman Sachs raises S&P 500 year-end target to 5,600
Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier, citing strong ...
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Nasdaq, S&P 500 rise on soft producer inflation data, chip strength
The S&P 500 and Nasdaq indexes hovered near record highs on Thursday, lifted by a jump in chip stocks after ...
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