Nvidia has best trading day in months after revealing new Microsoft chip
The new line of Windows laptops and desktops will be the first ever to run solely on an Nvidia-made chip, the RTX Spark, as the AI giant looks to take on rivals Intel and AMD.
The new line of Windows laptops and desktops will be the first ever to run solely on an Nvidia-made chip, the RTX Spark, as the AI giant looks to take on rivals Intel and AMD.
There’s a new member of the $300 billion club and a second sibling from America’s richest family among the planet’s ten wealthiest people.
Shares of the AI juggernaut are up nearly 20% in the last four weeks.
Shares of the world’s largest company approached another record.
Shares of Nvidia are now up 16% on the year after slumping in March.
Artificial general intelligence, or AGI, is a loosely defined term describing artificial intelligence models that can match or surpass human intelligence.
Nvidia, alongside a group of other leading tech stocks, jumped Monday, sending the Nasdaq up more than 1%.
Trump said Nvidia’s most advanced AI chips will not be sold to China, a few days after he signaled he would be willing to discuss export controls on them with Xi Jinping.
The company, worth $10 billion a decade ago, has reached record milestones driven by growing AI demand.
Nvidia’s investment in its struggling rival comes less than a month after the U.S. government took a 10% stake in Intel.