NVDA

After hitting record highs of $974 at the beginning of March, Nvidia stock (NASDAQ: NVDA) took a nosedive. However, after forming a bottom around $841, the shares of the chip-making giant are poised to take another shot at the major psychological level of $1,000. This level is crucial in every stock’s life cycle, as a clear breakout above this level results in a strong, bullish continuation. The recent FOMC statement propelled Wall Street indices to their record highs. The S&P 500 index, NASDAQ 100 index,…

The S&P 500 futures are up 16.5 points today as the markets await the Fed Chair’s testimony and the US jobs data. On Tuesday, the benchmark indices of the US stock markets tumbled to fresh weekly lows as tech stocks like Tesla, Apple, Amazon, and Microsoft faced notable declines. At press time, the Emini S&P 500 futures stood at 5,107 points. On Wednesday, Fed Chair Jerome Powell is set to appear in front of US Congress, and investors will be closely following his speech for hints of any timeline for…

The US stock market is booming, with the Nvidia stock price leading the rally. The stock of the AI chip-maker has seen an exponential surge since the start of 2023. The bullish price action has continued in 2024, and the stock is now trading at an all-time high with a market capitalization of around $2 trillion. The record surge in Nvidia shares can be attributed to the success of its flagship AI chips which have taken the world by storm. The company released its Q4 earnings report earlier this week, beating…

SINGAPORE—After U.S. regulations barred Nvidia from selling its high-performance artificial-intelligence chips to China in October, the company’s engineers quickly designed a new lineup to comply with the tightened rules.The U.S. tech company may have found some wiggle room, but it faces a bigger problem: Chinese cloud companies—some of Nvidia’s biggest customers globally—aren’t so keen on buying its lower-powered AI chips. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8…

Dec. 28, 2023 11:00 pm ETSemiconductors have played the starring role in state visits. Nvidia’s chief executive was feted by heads of state like a visiting dignitary. Government delegations have shuttled around the globe hobnobbing with chip makers. For an industry that suddenly finds itself as a geopolitical showpiece, the attention is a mixed bag.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Dec. 28, 2023 11:00 pm ETSemiconductors have played the starring role in…

Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. Journal Reports: LeadershipWhat’s New in the Best Managed Companies Rankings in 2023By Rick Wartzman , and Kelly TangDecember 13, 2023 at 1:02 PM ETThe main difference: a new metric that measures how well companies foster career mobility. FOLLOW US ON GOOGLE NEWS Read original…

SINGAPORE—Nvidia’s CEO said he still hopes to supply high-end processors to China, days after U.S. Commerce Secretary Gina Raimondo warned U.S. companies against sales of AI-enabling chips to the country in the name of national security. “Our plan now is to continue to work with the U.S. government to come up with a new set of products to comply with the new regulations,” Jensen Huangtold reporters in Singapore Wednesday. “The new regulations have additional limits. We have to come up with new products to comply with…

Chip maker Nvidia said sales reached a record in its latest quarter and gave a positive outlook, suggesting investments in artificial intelligence continue to be strong.Sales more than tripled to $18.1 billion in Nvidia’s latest fiscal quarter, above Wall Street forecasts in a survey of analysts by FactSet. Profit for the company, whose semiconductors underpin the AI boom, also shot up to $9.2 billion from $680 million a year earlier, above estimates.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…

There is a lot riding on the earnings report this week from Nvidia, both for the company’s ebullient investors and the entire stock market.Nvidia has been the big winner of the bet that artificial intelligence is the next big thing in tech, the so-called AI trade that surged in popularity after OpenAI’s release of its ChatGPT app. The chip maker’s shares have more than tripled this year, contributing to a sizable portion of the S&P 500’s 18% rise.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…

Intel is the leading candidate to potentially receive billions of dollars in government funding for secure facilities producing microchips for U.S. military and intelligence applications.The facilities—which have yet to be disclosed publicly—would be explicitly designated as a “secure enclave,” according to people familiar with the development. The goal is to reduce the U.S. military’s dependence on chips imported from East Asia, particularly Taiwan, which some say is vulnerable to Chinese invasion.Copyright ©2023Dow…