Palantir, NVIDIA and other AI stars dim
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The National Science Foundation and NVIDIA are investing $152 million in an open-source AI initiative led by Ai2, delivering reproducible AI models to accelerate scientific discovery and reshape enterprise IT strategies.
In the second quarter, Appaloosa dumped 100% of its Broadcom stake, even after robust results and corresponding stock price gains. Despite holding dozens of stocks, Nvidia is now Tepper's seventh largest stock holding.
Nvidia is set to beat expectations, with strong revenue forecast of $48b for Q2 and expected growth through 2026, driven by demand for AI and new Blackwell architecture.
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Nvidia's results likely another 'positive catalyst' for investors as AI use cases rise: Wedbush
Nvidia's (NVDA) upcoming quarterly results on August 27 are likely to be another “positive catalyst” for investors, Wedbush Securities said. Read for more.
The other scorching-hot artificial intelligence stock that stands out in Nvidia's $4.33 billion investment portfolio is semiconductor colossus Arm Holdings ( ARM -5.00%). Nvidia closed out June with the same number of shares of Arm as it had in March (1,101,249), which worked out to a market value of $178.1 million.
The US bans Nvidia, the world’s dominant supplier of AI chips, from selling its most powerful processors in China. Following Huang’s warmly received trip, Nvidia received enough interest from Chinese clients for it to tell chipmaking partner TSMC to ...
Samsung reportedly offered NVIDIA its 12-layer HBM3E memory at 20-30% cheaper than SK hynix for use on its made-for-China H20 AI GPU.
SoundHound is a specialist in conversational AI technologies, and its customers include some of the world's biggest brands. Nvidia first revealed its stake in the company in a 13-F filing with the Securities and Exchange Commission in February 2024, but the chipmaker had sold its entire position by December.