U.S. stocks reached new peaks on Thursday, propelled by Nvidia’s NVDA blockbuster earnings report. Both the S&P 500 and Dow Jones concluded the day at all-time highs, gaining 2.2% and 1.2%, ...
A Cantor Fitzgerald initiating coverage report on the semiconductors and semiconductor equipment industry highlighted their top picks for 2024. On average, Cantor sees 14% upside in 2024 for the 18 ...
Nvidia's deal with Meta shows big upside potential, especially with other hyperscalers also breaking their banks to serve AI ...
The semiconductor industry is experiencing a cyclical recovery, with the PHLX Semiconductor Sector Index (NASDAQ:SOX), hitting its bottom in October 2022 and rising 95% since then. The trajectory was ...
Nvidia crushed expectations with a bumper quarterly earnings report on Wednesday, reporting a 265% increase in revenue from the same period a year ago, sending shares up over 9% in extended trading.
SK Hynix's AI-focused HBM chips to hit double-digit DRAM sales in 2024, with Nvidia as a key recipient. Amid US-China tensions, SK Hynix leads with HBM3 chips, planning a $4B chip facility in Indiana.
Nancy Pelosi's recent Nvidia stock disclosure reignited scrutiny on congressional trading. Following Pelosi's trading strategy would have resulted in over 700% returns in the last decade, per Quiver ...
'I believe that in the future the data center will all be accelerated,' Nvidia CEO Jensen Huang says of his belief that GPUs will drive acceleration for most server workloads in the future. Nvidia ...