(Reuters) – Shares of Nvidia rallied to record highs on Wednesday, with the AI chipmaker’s stock market valuation on the verge of hitting the $3 trillion mark and overtaking Apple to become the world’s second most valuable company. The latest rally in Nvidia comes as it prepares to split its stock ten-for-one, effective on June […]
By Medha Singh (Reuters) – Nvidia is nipping at the heels of Apple to become the world’s second-most-valuable company, as investors cannot get enough of the semiconductor maker whose chips power popular artificial intelligence tools such as ChatGPT. An AI-induced jaw-dropping rally in Nvidia shares has taken the company’s valuation from $1 trillion to more […]
By Noel Randewich (Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than Amazon for the first time in two decades, and the AI chipmaker is not far behind Google-owner Alphabet. A 40% surge in Nvidia so far in 2024 has elevated its market capitalization to $1.715 […]
On the streets of South Africa’s major cities, Chinese car brands are becoming an increasingly common sight in a market that has for years been dominated by Japanese and European-made cars. Generally, when it comes to total car registrations or sales figures, Japanese brands such as Toyota, Suzuki and Nissan dominate in South Africa. European […]