Since early last year, it’s become crystal clear that advancements in artificial intelligence (AI) are causing a paradigm shift in technology. Nowhere is that more evident than in the list of companies that are among the world’s most valuable, measured in terms of market cap. Microsoft made headlines over the past year or so with […]
SAN FRANCISCO (Reuters) — Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at its Build developer conference next week. It will also launch a preview of new Cobalt 100 custom processors […]
Microsoft Unveils AMD-Powered AI Chips To Rival Nvidia: Report Microsoft Corp (NASDAQ:MSFT) is planning to introduce Advanced Micro Devices Inc’s (NASDAQ:AMD) artificial intelligence chips to its cloud computing customers, aiming to rival Nvidia Corp’s (NASDAQ:NVDA) components. This significant development will be detailed further at the upcoming Build developer conference next week, according to a report from Reuters. The tech giant’s Azure cloud service […]
The latest list of new buys by the best mutual funds had a conspicuous absence we haven’t seen this year. Including Nvidia (NVDA), Microsoft (MSFT), Amazon.com (AMZN), Meta Platforms (META) and Alphabet (GOOGL), none of the Magnificent Seven stocks earned a spot on this monthly screen. But these savvy investors keep shoveling money into one […]
In today’s video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) and Reddit (NYSE: RDDT). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 16, 2024. The video was published on May 16, 2024. Should you invest $1,000 […]
Nvidia (NASDAQ: NVDA) is the biggest name in artificial intelligence, but the future of AI includes a lot of products Nvidia won’t be involved with. In this video, Travis Hoium shows why Taiwan Semiconductor Manufacturing (NYSE: TSM) may be a better bet long term. *Stock prices used were end-of-day prices of May 15, 2024. The video was […]
Nvidia (NASDAQ: NVDA) stock has been unstoppable over the past few years, thanks to the company’s key role in the world of artificial intelligence (AI). The tech giant makes graphics processing units (GPUs) that power crucial AI tasks, such as the training and inferencing of large language models. Then these models go on to do […]
In today’s video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 14, 2024. The video was published on May 14, 2024. Should you invest $1,000 in Nvidia right now? […]
This year already saw two new companies’ market caps surpass $2 trillion, and a third is poised to hit that milestone. The current members of the $2 trillion club are some of the most well-respected names in their fields, and all of their businesses revolve around technology. Microsoft ($3 trillion) established itself as an AI […]
Nvidia (NASDAQ: NVDA) stock is having another great year. In 2024, shares of the artificial intelligence (AI) tech giant have gained 91.9% through May 15, crushing the S&P 500 index’s 11.9% return. The stock’s longer-term performance is even more stunning, as it turned an investment of $5,000 into nearly $1 million over the last decade […]
(Bloomberg) — Hedge funds continued to lean into the biggest technology companies leading the way in artificial intelligence as the hype propelled the US stock market higher in the first quarter of the year. Most Read from Bloomberg These institutional investors saw Nvidia Corp. exposure grow, with the AI darling having the biggest increase by […]
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Warren Buffett’s Berkshire Hathaway is in focus. X The stock market rally saw record highs on the Dow Jones, S&P 500 and Nasdaq composite following a tame inflation reading and weak retail sales. Nvidia (NVDA), the market’s most important stock, broke […]