Nvidia hits record high as Goldman Sachs boosts PT on AI prospects
(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 major boost to its earnings from the…
Nvidia launches new gaming chip for China to comply with US export controls
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 China. The chip, which the company says…
Nvidia CEO aims to set up a base in Vietnam
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 one, the Vietnamese government said, citing the…
United States’ Nvidia set to discuss chip deals in Vietnam next week
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 on Monday in Hanoi, an invitation letter…
Investors flock back to AI fund on rate cut hopes, Nvidia results
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 backdrop of strong quarterly results by chipmaker…
Nvidia shares drop as China worries overshadow stellar forecast
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 in China, its third largest market, and…
Marketmind: AI buzzes but market shrugs at Nvidia beat
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 headlines into the U.S. Thanksgiving holiday, while…
Marketmind: Nvidia shares take bumpy ride after hours
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 is the only company selling shovels during…
Marketmind: Nvidia takes the stage as equity rally pauses
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, markets correspondent. A rally in stocks took a breather ahead of Wednesday’s session in Asia…
Trading in Nvidia ETFs shows traders preparing for upbeat earnings
By Suzanne McGee (Reuters) – Trading volumes in leveraged ETFs tied to Nvidia on Tuesday showed many traders anticipate yet another upside earnings surprise and bullish outlook when the chipmaker reports quarterly…
Marketmind: Catching breath as Nvidia update due
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 impressive 20-year Treasury auction and a leveling…
Nvidia upgrades flagship chip to handle bigger AI systems
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 roll out next year with Amazon.com, Alphabet’s…
U.S. in game of “catch me if you can” with Nvidia on rules – China media
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, which affect the interests of both countries…
Factbox-How Huawei plans to rival Nvidia in the AI chip business
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 Huawei to win market share, with sources…
Bullish fund tied to Nvidia top performing ETF so far this year
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 far this year, as the frenzy around…
Nvidia shares drop after report of canceled China orders
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 Journal report that the artificial intelligence (AI)…
Losses widen, cash needed at chip startup Graphcore, an Nvidia rival -filing
By Max A. Cherney (Reuters) – Artificial intelligence chipmaker Graphcore said it needed to raise cash due to widening losses, according to a filing, as Nvidia’s dominance in AI chips has chilled…
Nvidia, other US chip stocks stall over valuation, industry worries
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 2023 rally, as investors weigh steep valuations,…
Nvidia, Amgen back AI-driven drug firm Generate:Biomedicines’ $273 million fundraise
(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 Nvidia’s venture capital arm and Amgen. The…
AI chip startup Enfabrica raises $125 million, with backing from Nvidia
By Stephen Nellis (Reuters) – Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers, said on Tuesday that it has raised $125 million in venture capital,…
As Nvidia splashes out, are stock buybacks worth it?: McGeever
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 with Wall Street’s remarkable resilience has brought…
Nvidia short sellers lose $826 million as stock jumps after strong forecast
(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 world’s largest chipmaker’s shares surged after a…
Marketmind: August rescued by Nvidia, bond rally
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 final week, helped by another sparkling AI-related…
Weak data, Nvidia lift risk appetite
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 economic data revived hopes central banks could…
Marketmind: Move over bond selloff, it’s Nvidia time
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 market’s focus all week in the run-up…
Nvidia options show traders positioned for outsized share move after earnings
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 chipmaker’s quarterly results after the close on…
Breaking News
