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NVIDIA FISCAL 2028
The Indispensables: Seven AI titans and an $18.6 trillion economic betRemoving key AI leaders such as Elon Musk and Sam Altman could disrupt the entire AI industry profoundly. These leaders oversee companies w...
Nvidia's stock is flashing a warning sign as valuation dropsNvidia Corp's stock currently trades at less than 17 times its projected profit for the upcoming year, marking a notable decline from earli...
Broadcom raises AI chip forecast as Big Tech keeps writing bigger checksThey have gained about 6% this year, significantly underperforming rivals and the broader semiconductor index, as AI spending concerns an...
Andreessen Horowitz raises $1.1 billion for AI infrastructure fundThe “Machine Age Fund” will invest in AI computer infrastructure such as chips, memory, networking and storage, the firm said in a blog pos...
Nvidia shares extend gains, jump 7% as blockbuster earnings revive AI trade ,Nvidia shares jumped about 7% after strong quarterly results and a bullish revenue forecast eased concerns over slowing AI spending. The ch...
SK Hynix holds groundbreaking ceremony for $4 billion Indiana AI chip packaging facilityThe facility, at the Purdue Research Park in West Lafayette, is scheduled to begin cleanroom operations in the second half of 2028, accordi...
Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply ...
Hitachi Energy India, GE Vernova, other power capex stocks rise up to 5%. Two reasons behind the surgePower capex stocks such as Hitachi Energy India, GE Vernova, TD Power and CG Power witnessed an uptick on Thursday, tracking Nvidia’s stron...
Nvidia investors beware: Firm flags 2 risks after better-than-expected Q2 earningsNvidia’s AI boom remains strong, but rising memory costs and growing debt are emerging as key risks. The chipmaker expects gross margins to...
Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Ch...
Global Market Today: Nasdaq futures, Asian stocks rise on Nvidia outlookContracts for the tech-heavy Nasdaq 100 Index climbed 1.2%, while those for the S&P 500 Index added 0.6% after Nvidia signaled strong sales...
What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demandAmazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increase...
Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...
Global Markets | Japan's Nikkei ends near three-week low as AI-stock selloff weighsJapan's Nikkei share average closed at a near three-week low, with SoftBank Group leading the decline, as investors locked in profits on AI...
Nvidia invests $2 billion in Marvell, launches AI partnershipNvidia has invested $2 billion in Marvell Technology and Marvell will join the Nividia AI ecosystem, the companies said on Tuesday.
US Stocks: Nvidia bets $2 billion on Marvell as rising AI adoption fuels competition; shares riseNvidia has invested $2 billion in Marvell Technology as part of efforts to make it easier for customers to use the custom artificial intell...
Nvidia earnings run into a market suddenly afraid of AI spendingNvidia's earnings report is crucial for understanding AI investment. Big tech firms are increasing AI spending significantly. Analysts expe...