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Marvell's shares get AI boost a day after Nvidia's surgeShares of Marvell Technology soared about 23% on Friday after the chipmaker became the latest to project a big surge in revenue from the AI boom, days after larger peer Nvidia Corp signaled the huge potential for the technology.
Source: Reuters - 🏆 2. / 97 Read more »
AI chip boom sends Nvidia's stock surging after whopper of a quarter | CNN BusinessThe AI boom is here, and Nvidia is reaping all the benefits. Shares of Nvidia exploded 28% higher Thursday after reporting earnings and sales that surged well above Wall Street’s already lofty expectations.
Source: cnni - 🏆 326. / 59 Read more »
Nvidia is on track to becoming the first trillion-dollar chipmakerSilicon Valley's Nvidia is poised to become the first trillion-dollar chipmaker, thanks to its AI processors' skyrocketing demand, particularly the H100 processor, popular among big tech companies and AI startups.
Source: IntEngineering - 🏆 287. / 63 Read more »
Cathie Wood explains why Nvidia stock exploded and what the ‘real’ AI play isArk Invest CEO Cathie Wood says her firm is eyeing the software side of A.I., claiming companies with visionary leaders and global distribution will be the 'biggest beneficiaries.'
Source: FoxBusiness - 🏆 458. / 53 Read more »