AI, NVIDIA and Earnings Attest
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The chip giant on Wednesday produced results and forecasts that beat expectations, allaying immediate fears. But there are longer-term worries that Nvidia's growth could be crimped by factors beyond the control of even the most valuable listed company in human history, now worth more than $4.5 trillion.
Last night's results from chip giant Nvidia alleviated worries on Wall Street about the health of the AI trade. Here's what investors and analysts are saying.
The company sustained its streak of record revenue growth in Q3, propelled by massive AI infrastructure investments from hyperscalers and model developers.
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Nvidia’s AI Roadmap Draws Analyst Confidence, Prompting Multiple Target Price Hikes
Morgan Stanley raised Nvidia’s price target to $220 from $210. ・Analyst Joseph Moore said he expects ‘strongest result we have seen in the last few quarters’ as Blackwell enters full ramp-up. ・Wells Fargo has also increased its price target to $265,
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Nvidia and Microsoft Just Teamed Up For a Massive AI Deal. Is It The Latest Sign of an AI Bubble?
Shares of Nvidia and Microsoft slid on Tuesday after the tech giants announced they would invest in the private startup Anthropic in exchange for a commitment to buy their chips and cloud computing services.
Nvidia Earnings Today: Nvidia, a bellwether for the artificial intelligence trade, is all set to announce its third-quarter earnings on Wednesday, November 19. Investors will closely track a host of updates related to Nvidia Q3 results, including sales, AI chip demand, and the market in China.
Michael Burry, famed for predicting the 2008 crisis, has invested $1.1 billion against Nvidia and Palantir, warning of an impending AI market downturn. Explore the implications of his bets and insights on the AI bubble and potential market correction.
The chipmaker said it will invest up to $100 billion in OpenAI to support the build-out of AI data centers. The deal will see the companies build and deploy at least 10 gigawatts of AI datacenters with Nvidia chip systems. Two of the biggest names in AI ...
People didn't have high expectations of Nvidia's stock considering how bad the market has been. However, its recent financial report shows another blockbuster quarter, with the AI chip maker getting a 62% increase in revenue year-on-year to reach $57 billion (£43 billion).
Nvidia has attracted investment from retail investors, billion-dollar hedge funds, and until just recently, Japanese holding company SoftBank owned a stake. But this week, SoftBank said it sold all of its Nvidia shares for more than $5.8 billion back in October.