Nvidia's latest AI chips, Blackwell, create waves in stock market after unveil. Is it the A.I. Woodstock or Taylor Swift moment for the tech giant?
Nvidia's stock took a dip as the tech company introduced its cutting-edge Blackwell AI chips to the market. Despite the excitement surrounding Nvidia's new generation of artificial intelligence chips, investors showed a lukewarm response with a 2% decrease in the stock value. The unveiling of the high-speed processor at the developer conference left analysts impressed, highlighting Nvidia's leading position in AI technologies.
The anticipation for Nvidia's new AI chip grew as investors awaited more details on the groundbreaking technology. The company's CEO delivered a keynote that resembled a Taylor Swift concert, reiterating Nvidia's dominance in the market. Analysts foresee a bright future for Nvidia, with expectations of industry capital expenditure growth on AI graphics processors.
As Nvidia's stock faced fluctuations post the GTC Conference, analysts at Truist Financial raised the price target on Nvidia, predicting a 40% upside potential. The US firm's continuous efforts to lead in artificial intelligence and humanoid robots technology have garnered significant attention in the industry.
In a bid to extend its dominance in the AI market, Nvidia unveiled its powerful Blackwell GPUs, claiming remarkable speed improvements compared to its competitors. With the tech giant's groundbreaking advancements, industry experts speculate on the future trajectory of AI technology, with Nvidia firmly positioned at the forefront.
Nvidia shares dipped 2% Tuesday morning after the company unveiled its new generation of artificial intelligence chips called Blackwell.
The chipmaker unveiled a new high-speed processor at its developer conference to power an “industrial revolution,” but its sky-high valuation is coming ...
Nvidia wowed Wall Street with the breadth and depth of its artificial intelligence technologies announced on Monday. But Nvidia stock dipped.
Nvidia's new Blackwell graphics-processing units look likely to keep its major customers close, even those actively developing alternative hardware for ...
Nvidia shares dipped on Tuesday after having more than tripled in value in the past year, as investors awaited more details on the company's latest AI chip ...
We've taken a fresh look at our model assumptions and we're more optimistic about future industry capital expenditure on AI graphics processors.
(Reuters) -Nvidia shares fell about 2% on Tuesday after having more than tripled in value in the past year, as investors awaited more details on the ...
Nvidia CEO's concertlike keynote didn't pack too many surprises, but analysts say it reiterated the company's dominance.
Growth in artificial intelligence (AI) is coming from much more than just machine learning.
Analysts at Truist Financial raised their price target on Nvidia to $1,177 while maintaining a buy rating on the shares. That represents a potential gain of 33% ...
US firm hopes to lead in artificial intelligence and other sectors – and has built a model that could control humanoid robots.
Follow Barron's live coverage of Nvidia's 2024 GTC AI developers conference.
Chief executive Jensen Huang claims Blackwell GPUs are substantially faster than its market-leading AI hardware.
Shares of Nvidia (NVDA) were off about 2% in morning trading Tuesday after CEO Jensen Huang's GTC keynote impressed Wall Street analysts, albeit without much in ...
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and ...
Nvidia is working to bring AI robots to life. On Monday, the chip maker announced the Project GROOT Foundation AI model built to create better performing ...
NVIDIA CEO Jenson Huang wowed the crowd at GTC 2024 with the company's latest AI, processing, and simulation product announcements.
Developers can now take advantage of NVIDIA NIM packages to deploy enterprise generative AI, said NVIDIA CEO Jensen Huang.
Stocks rebounded from early losses Tuesday as markets digested the unveiling of Nvidia's new Blackwell AI chip infrastructure and the Bank of Japan's major ...
CRN looks at 20 new hardware and software products from Nvidia's technology partners based on the latest Nvidia GPU and other offerings.
Dow Jones futures: Stocks steadied as Nvidia reversed higher. The Fed rate-cut outlook is an earnings report for the market rally.
One of the most obvious things about artificial intelligence is that its power comes from access to vast troves of data. And when it comes to enterprise ...
"Hopper is fantastic, but we need bigger GPUs," Nvidia CEO Jensen Huang said, per CNBC. Nvidia said Blackwell processors can power much larger language models ...
The Nvidia Parabricks NIM microservices suite includes optimized AI models and workflows with industry-standard application programming interfaces.
Nvidia CEO Jensen Huang talking about the Blackwell GPU's energy efficiency may be a sign business is starting to take AI's sustainability issues seriously.
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, Calif.
Nvidia is launching a fresh series of AI chips and software tailored for artificial intelligence models at its yearly developer conference.
We like datacenter compute engines here at The Next Platform, but as the name implies, what we really like are platforms – how compute, storage,
Analysts called Nvidia's Blackwell platform the "most ambitious project in Silicon Valley" after the chipmaker unveiled its latest artificial intelligence ...
Nvidia unveiled its next big AI chip along with several partnerships and software tools at its annual developer conference this week, seeking to maintain ...
Crypto-related stocks drop as bitcoin falls · Nvidia shares rebound but chip sector ends lower · Indexes rise: Dow 0.83%, S&P 0.56%, Nasdaq 0.39%.
Today at the GPU Technology Conference, Nvidia launched a new offering aimed at helping customers quickly deploy their generative AI applications in a ...
Fool.com contributor Parkev Tatevosian highlights Nvidia's (NASDAQ: NVDA) remarkable year and what it could mean for investors. *Stock prices used were the ...
In addition to drug discovery deals, NVIDIA also announced partnerships with J&J MedTech and GE Healthcare for genAI in MedTech.
Jensen Huang wants the world to know Nvidia is not just a chip maker. “Nvidia builds an entire data center for AI,” the CEO said during a financial analyst ...
Nvidia CEO Jensen Huang isn't too worried about the higher power draw from the company's latest Blackwell GPUs. When asked about increasing power demands ...
Vertiv partners with the NVIDIA Partner Network to leverage their expertise in high-density power and cooling solutions, aiming to meet global ...