Nvidia's market value topped $4 trillion for the first time last week, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology
US copper futures widened their premium to the London benchmark overnight after Trump announced plans to impose a 50 per cent tariff on copper
Just a day after President Donald Trump escalated his trade rhetoric, investors awaited tariff announcements for a number of countries
The shares were last up 1.5 per cent at $159.60, leaving Nvidia's stock market value at $3.89 trillion, just short of Apple's record
Jensen Huang, Nvidia's chief executive, started selling shares this week for the first time since September, the SEC filing showed
With a broadening customer base clamoring for Nvidia's latest AI accelerators and competitors still distant, bulls are betting the chipmaker's shares have plenty of room to run
While completing a master's degree in data analysis, Palwasha Zahid moved from Dallas to a town near Silicon Valley. The location made it easy to visit the campuses of tech stalwarts such as Google, Apple, and Nvidia. Zahid, 25, completed her studies in December, but so far she hasn't found a job in the industry that surrounds her. It stings a little bit, she said. I never imagined it would be this difficult just to get a foot in the door. Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade. The unemployment rate for degree holders ages 22 to 27 has reached its highest level in a dozen years, excluding the coronavirus pandemic. Joblessness among that group is now higher than the overall unemployment rate, and the gap is larger than it has been in more than three decades. The rise in unemployment has worried many economists as well as officials at the Federal Reserve because it could be an early sign of trouble
The stock rose 4.3 per cent to $154.31, taking out an all-time high that has stood since January
As countries race to power artificial intelligence, a yawning gap is opening around the world
US chipmaker Nvidia will make its debut at China's 2025 Supply Chain Expo, which is expected to feature over 650 companies and more than 100 new product launches
Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping USD 500 billion by 2028. The Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed USD 500 billion, from being a USD 45 billion opportunity in 2023. Addressing the company's flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training. "What I can tell you based on everything that we see today is that that number is going to be exceeding USD 500 billion by 2028," Su said. The company unveiled the "MI350 Series GPUs (graphic processing units)" at the flagship event along with a host of other products. Su said opting for the newly launched chips may be beneficial for customers, claiming that they issue up to 40 per cent more tokens per dollar. It can be noted that Nvidia is generally considered an entrenched player in the G
Huang's forecast marks a change in tone from January, when he said that "very useful" quantum computers, which are still largely used by researchers, were likely still decades away
The Labour leader will hold an in-conversation event in London with tech billionaire Huang to mark an agreement in which Nvidia helps the UK train more people in AI
10,000 students to be skilled, 500 startups to benefit under landmark initiative
The chipmaker will also provide curriculum support and technical training materials to assist engineering colleges in delivering AI education
Sensex Today | Stock Market close, Wednesday, June 4, 2025: In the broader markets, Nifty Midcap100, and Nifty Smallcap100 indices settled with gains of 0.71 per cent and 0.79 per cent, respectively
Fueled by record AI chip demand and soaring stock gains, Nvidia's market cap hits $3.45 trillion, taking the spot of the most valuable company from Microsoft
IT stocks jumped in trade after a US federal court on Wednesday (local time) blocked President Donald Trump from imposing broad tariffs on imports under an emergency-powers law.
Nvidia plans to launch a lower-cost AI chip for China using Blackwell architecture, following US export curbs. The new GPU will bypass restrictions and enter mass production as early as June 2025
Huang called the curbs a "failure" by the US, arguing they fuelled China's AI growth and helped firms like Huawei; he welcomed Trump's move to roll back Biden's chip restrictions