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The Latest Breaking News from NVDA

Nvidia CEO Jensen Huang Says Intel Spent 33 Years 'Trying To Kill Us' But Now Calls The Chip Rival A Partner: 'We're Lovers, Not Fighters'

On Monday, Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said longtime rival Intel Corp. (NASDAQ:INTC) spent more than three decades "trying to kill" his company — but the two chipmakers have now become partners in a $5 billion alliance.

Benzinga

Billionaires Ken Griffin, David Tepper, Philippe Laffont And More Load Up On Nvidia Stock As This Tech Bull Sees NVDA 'Going To $5 Trillion'

A cohort of Wall Street's most influential billionaire investors has significantly increased their holdings in Nvidia Corp. (NASDAQ:NVDA), signaling strong confidence in the AI chipmaker's future. The aggressive buying spree coincides with a bold prediction from a prominent tech analyst who sees the company's market capitalization soaring to $5 trillion.

Benzinga

Nvidia Reportedly Bets $2 Billion On Elon Musk's xAI — And Its Own GPUs Will Fuel 'Colossus 2' Gigawatt-Scale AI Supercluster

Jensen Huang-led Nvidia Corporation (NASDAQ:NVDA) is reportedly investing as much as $2 billion in Elon Musk's AI company and Grok-parent xAI.

Benzinga

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From Bitcoin To AI: How IREN And Cipher Are Hosting Nvidia-Powered AI Workloads

The Bitcoin (CRYPTO: BTC) mining bust just found its silver lining — and it's glowing green with Nvidia Corp (NASDAQ:NVDA)-powered AI. As Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google and Microsoft Corp (NASDAQ:MSFT) scramble to secure low-cost, high-density data centers for their next wave of AI expansion, they've stumbled upon an unlikely…

Benzinga

Nvidia's Market Dominance Now Dwarfs Japan, China, Germany, UK

NVIDIA Corp (NASDAQ:NVDA) isn't just a semiconductor giant — it's a global market titan. The company now accounts for 5.04% of the MSCI All Country World Index, surpassing Japan, the world's third-largest stock market, at 4.78%.

Benzinga

OpenAI's AMD, Nvidia Deals Are Huge, But Execution Is Key, Says Brad Gerstner

Investor Brad Gerstner warned on Monday that OpenAI’s recent deals with Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) remain announcements rather than actual deployments. Therefore, he urged caution.

Benzinga

IREN Stock Up Nearly 900% Over 6 Months, Rises 8% Before The Bell: What's Driving The Surge?

Shares of IREN Ltd (NASDAQ:IREN) climbed 8% in pre-market trading on Tuesday, as the data center operator announced multi-year agreements with major artificial intelligence companies deploying NVIDIA Corp.’s (NASDAQ:NVDA) Blackwell GPUs.

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AMD Is Soaring on an OpenAI Deal. Is AMD Stock a Better Buy Than Nvidia Here?

AMD stock soars after announcing a new AI deal with OpenAI. Here’s what keeps AMD shares worth owning despite a massive rally since early April.

Barchart

Nvidia Is Now An AI Hedge Fund—But Goldman Says The Math May Not Work

Nvidia Corp. (NASDAQ:NVDA) is doubling down on AI with multibillion-dollar bets in startups like OpenAI and established businesses like Intel Corp. (NASDAQ:INTC); yet, analysts are beginning to highlight that part of that revenue could be looping back in disguise.

Benzinga

Chamath Says Earth Can't Power AI — Bezos, Arista, Rocket Lab Have A Space Solution

Chamath Palihapitiya says Earth simply can't handle it. As Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google, Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), and Amazon.com Inc (NASDAQ:AMZN) race to add gigawatts of Nvidia Corp‘s (NASDAQ:NVDA) GPU capacity, he warns that global grids are nearing a breaking point — with energy demand doubling…

Benzinga

Nvidia's Sky-High AI Ambitions Under Fire: Goldman Sachs Flags 'Circular Revenue' Risk As Wall Street Questions 'Jensen's Math'

Goldman Sachs has issued a warning regarding potential “circular revenue” for Nvidia Corp. (NASDAQ:NVDA) stemming from its strategic investments and partnerships, even as the investment bank raised its price target for the semiconductor giant.

Benzinga

Stock Market Today: Dow Jones, Nasdaq, Futures Gain As Government Enters 2nd Week Of Shutdown—Plug, Lithium Americas, UiPath In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.

Benzinga

Chamath Palihapitiya Warns AI Push By GOOGL, META, MSFT And AMZN Using NVDA Chips Could Double Electricity Rates

The burgeoning artificial intelligence boom, driven by tech titans like Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms Inc. (NASDAQ:META), Microsoft Corp. (NASDAQ:MSFT), and Amazon.com Inc. (NASDAQ:AMZN) relying heavily on Nvidia Corp. (NASDAQ:NVDA) powerful GPUs, could lead to a dramatic doubling of electricity rates within the next five years.

Benzinga

Nvidia Competitor Cerebras Shelves IPO Plans Days After Touching $8 Billion Valuation

Artificial intelligence chipmaker Cerebras Systems scrapped plans for an IPO on Friday, days after the company announced a fresh fundraising round that sent its valuation up to $8 billion.

Benzinga

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Barchart

Nvidia’s Supply Chain Is ‘the Best’ According to Wall Street. Is It Too Late to Buy NVDA Stock?

A leading broker has raised the price target of the chip giant's stock.

Benzinga

Nvidia, Broadcom, Marvell Poised To Gain Big From $1.2 Trillion AI Spending Wave By 2030: Analyst

U.S. chipmakers including NVIDIA Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), Advanced Micro Devices Inc (NASDAQ:AMD), Marvell Technology Inc (NASDAQ:MRVL), and Credo Technology Holding Ltd. (NASDAQ:CRDO) are set to benefit from a massive wave of artificial intelligence infrastructure spending projected to top $1.2 trillion by 2030.

Benzinga

Nvidia And Fujitsu Team Up To Build AI Systems For The Future

Nvidia (NASDAQ:NVDA) is strengthening its alliance with Fujitsu to co-develop full-stack artificial intelligence infrastructure, a move aimed at accelerating enterprise adoption of AI across industries from healthcare to manufacturing and robotics.

Benzinga

Nvidia CEO Jensen Huang Sells $42 Million Stake As Stock Touches New All-Time High

Nvidia Corp.’s (NASDAQ:NVDA) co-founder and CEO, Jensen Huang, has sold another significant block of the company’s stock this week, according to regulatory filings with the Securities and Exchange Commission.

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Benzinga

Nvidia Partner WiWynn's Record Backlog A Sign That AI Bubble Fears Are Unfounded: Futurum CEO Daniel Newman Says, 'Can't Build Factories Fast Enough…'

On Thursday, Daniel Newman, CEO of The Futurum Group, dismissed fears of an AI bubble, pointing to Nvidia Corporation (NASDAQ:NVDA) partner WiWynn's massive backlog and warning that demand is so strong that factories can't be built fast enough.

Benzinga

Nvidia Becomes The $4.5 Trillion Giant Driving AI's Biggest Deals

Nvidia (NASDAQ:NVDA) is currently at the epicenter of Wall Street’s artificial intelligence frenzy, cementing its position as the cornerstone of Big Tech’s future ambitions as companies commit to unprecedented chip spending.

Barchart

This Nvidia Challenger Just Issued a Big AI Warning in China. What Should You Do With NVDA Stock Here?

Huawei’s plan to double AI chip production might put pressure on NVDA investors, but as long as they're strategic about it, they should be fine.

Benzinga

Nebius Stock Is Rising Thursday: What's Going On?

Nebius Group N.V. (NASDAQ:NBIS) shares are trading higher Thursday following reports indicating that Microsoft Corp (NASDAQ:MSFT) will get access to over 100,000 NVIDIA Corp (NASDAQ:NVDA) GB300 chips as part of its deal with the company.

Benzinga

Elon Musk Is 'The Ultimate GPU,' Says Nvidia CEO Jensen Huang—Predicts He Could Be The First To Hit A Gigawatt

In a recent podcast, Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang compared Elon Musk‘s brain to the company’s chips, praising Musk’s unique abilities.

Benzinga

Eric Jackson Quips 'Paging Nancy Pelosi About OPEN' As Cleo Fields Buys Current Retail Favorite Opendoor

Founder of EMJ Capital, Eric Jackson, drew attention to a recent stock purchase by Rep Cleo Fields (D-La.) with a social media post reading, "Paging Nancy Pelosi about OPEN," referencing the Congressman's new investment in Opendoor Technologies Inc. (NASDAQ:OPEN).

Benzinga

OpenAI Taps Samsung And SK Hynix For Massive AI Data Push, Including New Korea Data Center

Samsung Electronics (OTC:SSNLF) and SK Hynix bagged initial deals on Wednesday to supply chips and equipment for Microsoft (NASDAQ:MSFT) backed OpenAI's Stargate project, reinforcing their dominance in advanced memory chips for artificial intelligence.

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