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nvidia

AI frenzy puts Nvidia briefly ahead of Amazon in market value

February 12, 2024
Ai frenzy puts nvidia briefly ahead of amazon in market value - photo licensed by shore news network.

(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker to the fourth most valuable …

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Nvidia hits record high as Goldman Sachs boosts PT on AI prospects

February 5, 2024
Nvidia hits record high as goldman sachs boosts pt on ai prospects - photo licensed by shore news network.

(Reuters) -Nvidia’s shares scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker’s stock in anticipation of a …

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Intel challenges Nvidia, Qualcomm with ‘AI PC’ chips for cars

January 9, 2024
Intel challenges nvidia, qualcomm with 'ai pc' chips for cars - photo licensed by shore news network.

By Joseph White DETROIT (Reuters) – Intel said on Tuesday it will launch automotive versions of its newest AI-enabled chips, taking on Qualcomm and Nvidia …

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Nvidia expands its reach in China’s EV sector

January 8, 2024
Nvidia expands its reach in china's ev sector - photo licensed by shore news network.

By Joseph White DETROIT (Reuters) – Nvidia said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring …

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Nvidia launches new gaming chip for China to comply with US export controls

December 29, 2023December 29, 2023
Nvidia launches new gaming chip for china to comply with us export controls - photo licensed by shore news network.

BEIJING (Reuters) – U.S. chipmaker Nvidia on Thursday launched a modified version of an advanced gaming chip designed to comply with U.S. export controls targeting …

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Nvidia CEO aims to set up a base in Vietnam

December 10, 2023
Nvidia ceo aims to set up a base in vietnam - photo licensed by shore news network.

HANOI (Reuters) – Nvidia wishes to establish a base in Vietnam to develop the country’s semiconductor industry as it considers the Vietnamese market an important …

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United States’ Nvidia set to discuss chip deals in Vietnam next week

December 8, 2023
United states' nvidia set to discuss chip deals in vietnam next week - photo licensed by shore news network.

By Phuong Nguyen HANOI (Reuters) – U.S. chip giant Nvidia will discuss cooperation deals on semiconductors with Vietnamese tech companies and authorities in a meeting …

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Investors flock back to AI fund on rate cut hopes, Nvidia results

November 24, 2023November 24, 2023
Investors flock back to ai fund on rate cut hopes, nvidia results - photo licensed by shore news network.

By Bansari Mayur Kamdar (Reuters) – An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the …

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Nvidia shares drop as China worries overshadow stellar forecast

November 22, 2023November 22, 2023
Nvidia shares drop as china worries overshadow stellar forecast - photo licensed by shore news network.

By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth …

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Marketmind: AI buzzes but market shrugs at Nvidia beat

November 22, 2023
Marketmind: ai buzzes but market shrugs at nvidia beat - photo licensed by shore news network.

A look at the day ahead in U.S. and global markets from Mike Dolan The mercurial world of artificial intelligence continues to grab most market …

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Marketmind: Nvidia shares take bumpy ride after hours

November 22, 2023
Marketmind: nvidia shares take bumpy ride after hours - photo licensed by shore news network.

A look at the day ahead in European and global markets from Wayne Cole. The early focus was on Nvidia, which in AI tech terms …

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Marketmind: Nvidia takes the stage as equity rally pauses

November 21, 2023
Marketmind: nvidia takes the stage as equity rally pauses - photo licensed by shore news network.

By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, markets correspondent. A rally in stocks took a …

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Trading in Nvidia ETFs shows traders preparing for upbeat earnings

November 21, 2023
Trading in nvidia etfs shows traders preparing for upbeat earnings - photo licensed by shore news network.

By Suzanne McGee (Reuters) – Trading volumes in leveraged ETFs tied to Nvidia on Tuesday showed many traders anticipate yet another upside earnings surprise and …

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Marketmind: Catching breath as Nvidia update due

November 21, 2023November 21, 2023
Marketmind: catching breath as nvidia update due - photo licensed by shore news network.

A look at the day ahead in U.S. and global markets from Mike Dolan A cocktail of renewed AI excitement, Nvidia’s imminent earnings update, an …

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Nvidia upgrades flagship chip to handle bigger AI systems

November 13, 2023November 13, 2023
Nvidia upgrades flagship chip to handle bigger ai systems - photo licensed by shore news network.

By Stephen Nellis (Reuters) – Nvidia on Monday added new features to its top-of-the-line chip for artificial intelligence, saying the new offering will start to …

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U.S. in game of “catch me if you can” with Nvidia on rules – China media

November 11, 2023November 10, 2023
U. S. In game of "catch me if you can" with nvidia on rules - china media - photo licensed by shore news network.

SHANGHAI (Reuters) – U.S. curbs on China have created a game of “catch me if you can” with U.S. chip giant Nvidia and other companies, …

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Factbox-How Huawei plans to rival Nvidia in the AI chip business

November 7, 2023November 7, 2023
Factbox-how huawei plans to rival nvidia in the ai chip business - photo licensed by shore news network.

By Josh Ye HONG KONG (Reuters) – U.S. curbs on the sales of advanced artificial chips by Nvidia to China are creating an opening for …

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Bullish fund tied to Nvidia top performing ETF so far this year

November 2, 2023
Bullish fund tied to nvidia top performing etf so far this year - photo licensed by shore news network.

By Bansari Mayur Kamdar (Reuters) – An exchange traded fund (ETF) tied to high-flying shares of U.S. chipmaker Nvidia Corp is the top-performing ETF so …

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Nvidia shares drop after report of canceled China orders

October 31, 2023October 31, 2023
Nvidia shares drop after report of canceled china orders - photo licensed by shore news network.

By Chibuike Oguh NEW YORK (Reuters) -Shares of Nvidia Corp dropped by about 5% to a near five-month low on Tuesday following a Wall Street …

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Losses widen, cash needed at chip startup Graphcore, an Nvidia rival -filing

October 5, 2023October 5, 2023
Losses widen, cash needed at chip startup graphcore, an nvidia rival -filing - photo licensed by shore news network.

By Max A. Cherney (Reuters) – Artificial intelligence chipmaker Graphcore said it needed to raise cash due to widening losses, according to a filing, as …

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Nvidia, other US chip stocks stall over valuation, industry worries

September 21, 2023
Nvidia, other us chip stocks stall over valuation, industry worries - photo licensed by shore news network.

By Lewis Krauskopf NEW YORK (Reuters) – Some of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning …

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Nvidia, Amgen back AI-driven drug firm Generate:Biomedicines’ $273 million fundraise

September 14, 2023

(Reuters) – Drug developer Generate:Biomedicines, which uses artificial intelligence (AI) to find new treatments, said on Thursday it has raised $273 million from investors including …

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AI chip startup Enfabrica raises $125 million, with backing from Nvidia

September 12, 2023
Ai chip startup enfabrica raises $125 million, with backing from nvidia - photo licensed by shore news network.

By Stephen Nellis (Reuters) – Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers, said on Tuesday that it …

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As Nvidia splashes out, are stock buybacks worth it?: McGeever

August 30, 2023
As nvidia splashes out, are stock buybacks worth it? : mcgeever - photo licensed by shore news network.

By Jamie McGeever ORLANDO, Florida (Reuters) – To buy back, or not to buy back. The highest U.S. interest rates in over 20 years coupled …

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Nvidia short sellers lose $826 million as stock jumps after strong forecast

August 24, 2023
Nvidia short sellers lose $826 million as stock jumps after strong forecast - photo licensed by shore news network.

(Reuters) – Investors with short position on Nvidia lost $826 million in mark-to-market losses on Thursday, data from analytics firm S3 Partners showed, as the …

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Marketmind: August rescued by Nvidia, bond rally

August 24, 2023August 24, 2023
Marketmind: august rescued by nvidia, bond rally - photo licensed by shore news network.

A look at the day ahead in U.S. and global markets from Mike Dolan A dire August for world markets is being rehabilitated in its …

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Weak data, Nvidia lift risk appetite

August 24, 2023
Weak data, nvidia lift risk appetite - photo licensed by shore news network.

A look at the day ahead in European and global markets from Ankur Banerjee We are back to “bad news is good news” as soft …

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Marketmind: Move over bond selloff, it’s Nvidia time

August 23, 2023
Marketmind: move over bond selloff, it's nvidia time - photo licensed by shore news network.

A look at the day ahead in European and global markets from Kevin Buckland The surge in U.S. yields to 16-year highs has dominated the …

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Nvidia options show traders positioned for outsized share move after earnings

August 22, 2023August 22, 2023
Nvidia options show traders positioned for outsized share move after earnings - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia’s shares following the …

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VMware, Nvidia target businesses that want their own AI

August 22, 2023
Vmware, nvidia target businesses that want their own ai - photo licensed by shore news network.

By Stephen Nellis (Reuters) – VMware Inc on Tuesday said it has developed a new set of software tools in partnership with Nvidia Corp aimed …

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Nvidia shares climb as analysts raise targets ahead of report

August 15, 2023August 15, 2023
Nvidia shares climb as analysts raise targets ahead of report - photo licensed by shore news network.

(Reuters) – Shares of Nvidia rose more than 3% in hefty trading volume on Tuesday after two brokerages raised their price targets for the chipmaker, …

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Oracle spending ‘billions’ on Nvidia chips this year – Ellison

June 28, 2023June 28, 2023
Oracle spending 'billions' on nvidia chips this year - ellison - photo licensed by shore news network.

By Stephen Nellis MENLO PARK, California (Reuters) – Oracle Corp is spending “billions” of dollars on chips from Nvidia Corp as it expands a cloud …

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Nvidia runaway winner in market cap addition in May

June 1, 2023
Nvidia runaway winner in market cap addition in may - photo licensed by shore news network.

(Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value, adding $248 billion, with a …

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Nvidia CEO feels safe relying on Taiwan for chips

June 1, 2023
Nvidia ceo feels safe relying on taiwan for chips - photo licensed by shore news network.

By Ben Blanchard TAIPEI (Reuters) – Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence (AI), feels “perfectly safe” about relying …

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Nvidia rally: Retail investors stay out on growing slowdown worries

May 31, 2023
Nvidia rally: retail investors stay out on growing slowdown worries - photo licensed by shore news network.

By Medha Singh (Reuters) – The rally in the shares of Nvidia Corp that briefly propelled its market value to the trillion-dollar club saw little …

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Investors who showed Q1 bets on Nvidia may have got boost as it joined $1 trillion club

May 30, 2023
Investors who showed q1 bets on nvidia may have got boost as it joined $1 trillion club - photo licensed by shore news network.

By Carolina Mandl NEW YORK (Reuters) – Nvidia Corp’s debut in the club of U.S. companies valued at $1 trillion on Tuesday may have given …

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AI means everyone can now be a programmer, Nvidia chief says

May 29, 2023May 29, 2023
Ai means everyone can now be a programmer, nvidia chief says - photo licensed by shore news network.

TAIPEI (Reuters) – Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia …

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Nvidia to build Israeli supercomputer as AI demand soars

May 29, 2023
Nvidia to build israeli supercomputer as ai demand soars - photo licensed by shore news network.

By Steven Scheer JERUSALEM (Reuters) – Nvidia Corp said on Monday it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet soaring customer …

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Nvidia shorts down $2.3 billion with stock up 25% – S3 Partners

May 25, 2023
Nvidia shorts down $2. 3 billion with stock up 25% - s3 partners - photo licensed by shore news network.

By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp. were down $2.3 billion in mark-to-market losses Thursday as the stock …

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Nvidia chips away at Intel, AMD turf in supercomputers

May 22, 2023
Nvidia chips away at intel, amd turf in supercomputers - photo licensed by shore news network.

By Stephen Nellis (Reuters) – Nvidia Corp on Monday said it has worked with the U.K.’s University of Bristol to build a new supercomputer using …

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ON Semi jumps after results while Nvidia hits 13 month high

May 1, 2023
On semi jumps after results while nvidia hits 13 month high - photo licensed by shore news network.

(Reuters) – ON Semiconductor’s shares jumped 7% on Monday after the chipmaker’s quarterly guidance beat Wall Street’s expectations, spurring other chip stocks with heavyweight Nvidia …

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Nvidia releases software tools to help chatbots watch their language

April 25, 2023
Nvidia releases software tools to help chatbots watch their language - photo licensed by shore news network.

By Stephen Nellis (Reuters) – Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence, on Tuesday released a set of software …

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Nvidia surges to year high after bearish HSBC analyst capitulates

April 18, 2023
Nvidia surges to year high after bearish hsbc analyst capitulates - photo licensed by shore news network.

By Noel Randewich (Reuters) – Nvidia’s stock jumped to its highest in a year on Tuesday, extending a recent rebound after HSBC flipped its recommendation …

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Nvidia shows new research on using AI to improve chip designs

March 27, 2023
Nvidia shows new research on using ai to improve chip designs - photo licensed by shore news network.

By Stephen Nellis (Reuters) – Nvidia Corp, the world’s leading designer of computer chips used in creating artificial intelligence, on Monday showed new research that …

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Adobe, Nvidia AI imagery systems aim to resolve copyright questions

March 21, 2023
Adobe, nvidia ai imagery systems aim to resolve copyright questions - photo licensed by shore news network.

By Dawn Chmielewski and Stephen Nellis (Reuters) – Two Silicon Valley companies on Tuesday announced new tools that use artificial intelligence to generate images while …

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Nvidia positions for quantum computing with new products

March 21, 2023
Nvidia positions for quantum computing with new products - photo licensed by shore news network.

By Jane Lanhee Lee (Reuters) – Nvidia Corp, the computing company powering the bulk of artificial intelligence, is positioning itself as a key player in …

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Nvidia turns to AI cloud rental to spread new technology

March 21, 2023
Nvidia turns to ai cloud rental to spread new technology - photo licensed by shore news network.

By Stephen Nellis (Reuters) -Nvidia Corp Chief Executive Jensen Huang on Tuesday laid out the company’s plans to make the powerful and expensive supercomputers used …

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Groq adapts Meta’s chatbot for its own chips in race against Nvidia

March 9, 2023
Groq adapts meta's chatbot for its own chips in race against nvidia - photo licensed by shore news network.

By Jane Lanhee Lee and Stephen Nellis OAKLAND, California (Reuters) – Groq, a Silicon Valley chip startup founded by a former Alphabet Inc engineer, said …

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Nvidia files mixed shelf offering of up to $10 billion

February 28, 2023
Nvidia files mixed shelf offering of up to $10 billion - photo licensed by shore news network.

(Reuters) – U.S. chipmaker Nvidia Corp filed a mixed shelf offering of as much as $10 billion with the U.S. Securities and Exchange Commission on …

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Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

January 24, 2023
Sweden to upgrade berzelius supercomputer with nvidia ai systems - photo licensed by shore news network.

STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) systems to aid in understanding various diseases such as cancer …

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