Chip and data center specialist Nvidia (NASDAQ: NVDA) has emerged as the king of the artificial intelligence (AI) realm. Quarter after quarter, the company continues to defy expectations, set revenue and profit records, and provide investors with a laundry list of such good news that it’s hard to keep track of it all. If you’ve […]
Four weeks after US stocks buckled amid a global flight from risk assets, chipmakers touched off another bout of equities selling when a pair of industry analysts rekindled worries that the mania surrounding artificial intelligence had gone too far. Nvidia Corp. shares tumbled 9.5%, wiping out $278.9 billion in the biggest loss of value ever […]
𝘕𝘷𝘪𝘥𝘪𝘢 𝘊𝘰𝘳𝘱.’𝘴 𝘳𝘦𝘭𝘦𝘯𝘵𝘭𝘦𝘴𝘴 𝘳𝘢𝘭𝘭𝘺 𝘩𝘢𝘴 𝘱𝘳𝘰𝘱𝘦𝘭𝘭𝘦𝘥 𝘵𝘩𝘦 𝘴𝘦𝘮𝘪𝘤𝘰𝘯𝘥𝘶𝘤𝘵𝘰𝘳 𝘨𝘪𝘢𝘯𝘵’𝘴 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱𝘪𝘵𝘢𝘭𝘪𝘻𝘢𝘵𝘪𝘰𝘯 𝘰𝘷𝘦𝘳 𝘪𝘵𝘴 𝘮𝘦𝘨𝘢-𝘤𝘢𝘱 𝘵𝘦𝘤𝘩 𝘱𝘦𝘦𝘳𝘴, 𝘩𝘦𝘭𝘱𝘪𝘯𝘨 𝘪𝘵 𝘤𝘭𝘪𝘯𝘤𝘩 𝘵𝘩𝘦 𝘵𝘪𝘵𝘭𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘸𝘰𝘳𝘭𝘥’𝘴 𝘮𝘰𝘴𝘵-𝘷𝘢𝘭𝘶𝘢𝘣𝘭𝘦 𝘤𝘰𝘮𝘱𝘢𝘯𝘺 𝘢𝘴 𝘵𝘩𝘦 𝘢𝘳𝘵𝘪𝘧𝘪𝘤𝘪𝘢𝘭 𝘪𝘯𝘵𝘦𝘭𝘭𝘪𝘨𝘦𝘯𝘤𝘦 𝘸𝘢𝘷𝘦 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦𝘴. The stock rose 3.5% to close at $135.58 a share Tuesday, putting the company’s market value at about $3.3 trillion and catapulting it […]