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Nvidia’s stock pops as China win may pave the way for $5 trillion market cap and beyond
One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip maker seemingly cleared to sell its H20 chip in China again.
Broadcom challenges Nvidia’s AI dominance with ultra-connected Tomahawk networking chip launch
Broadcom has launched the Tomahawk Ultra networking processor to enhance AI workloads by improving chip communication in data centres, challenging Nvidia’s market dominance. It connects four times more chips than Nvidia’s NVLink Switch and uses enhanced standard Ethernet for broader compatibility.
Nvidia’s China Troubles Aren’t Over
The AI chip giant is cheering now, but the celebration may be short.
Nvidia CEO says AI will create more jobs despite workforce changes
Nvidia CEO Jensen Huang contradicts Anthropic CEO's 'white-collar apocalypse' prediction, suggesting AI will augment jobs while encouraging workers to adapt.
1 No-Brainer Artificial Intelligence (AI) ETF to Buy With $50 During the New Nasdaq Bull Market
The Nasdaq-100 index plunged into bear market territory in April, but it has since recovered its losses and entered a new bull phase. Artificial intelligence (AI) stocks like Nvidia continue to lead the Nasdaq higher.
Why Nvidia and these other chip stocks could be standouts this earnings season
With Nvidia, AMD, and Broadcom’s customers currently ramping AI chips, KeyBanc analysts see those three companies in a favorable position ahead of the next batch of earnings reports.
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