Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Nvidia Corp

Another Analyst Sets Bullish Tone On NVIDIA, Sees Considerable Upside

New Street analyst Pierre Ferragu upgraded NVIDIA Corp (NASDAQ:NVDA) to Buy from Neutral with a price target of $280 (30.2% upside). Ferragu saw an attractive valuation, greater visibility on the "crypto-winter risk," and the company's robust data center outlook. Ethereum's hash rate quadrupled between October 2020 and January 2022, likely boosting Nvidia's FY22 gaming revenues…

Benzinga

Here's Why BofA Views Nvidia As Leading Growth Company In Semis

BofA analyst Vivek Arya reiterated a Buy rating and a $375 price target (71.1% upside) on NVIDIA Corp (NASDAQ:NVDA) and a Top Pick designation. Arya saw the Baird downgrade-related selloff as likely done. Truist also slashed the price targets on the chipmakers. Arya acknowledged that Nvidia's gaming business was vulnerable to weaker demand from Europe due to the Russia-Ukraine…

Benzinga

Nvidia Shares Drop As Baird Cuts Price Target By 38%; Downgrades To Neutral

Baird analyst Tristan Gerra downgraded NVIDIA Corp (NASDAQ:NVDA) to Neutral from Outperform with a price target of $225, down from $360. The price target implied a downside of 2.7%. Gerra contended that order cancellations recently started in consumer GPUs due to excess inventories, a slowdown in consumer demand and PC demand, and the Russia embargo. Also…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

South Korean Chipmaker Weighs Arm Takeover Options

South Korean chipmaker SK Hynix Inc (OTC:HXSCL) CEO admitted to weighing a consortium to acquire British semiconductor company Arm Ltd, Reuters reports citing Yonhap news agency. “I don’t believe Arm is a company that could be bought by one company,” SK Hynix Vice-Chair and co-CEO Park Jung-ho admitted, FX Empire reports. SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) looked…

Benzinga

Here's How Arm Looks To Speed Up Its US IPO

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF)-owned Arm Ltd, looks to transfer shares in its China joint venture to a SoftBank special purpose vehicle to speed up its U.S. IPO, the Financial Times reports. SoftBank will hold 28% of Arm China after the transfer, Bloomberg reports. Arm will hold less than 20% of Arm China and treat it…

Benzinga

Tigress Financial Analyst Sees 45% Upside In Nvidia - Read Why

Tigress Financial analyst Ivan Feinseth raised the price target on NVIDIA Corp (NASDAQ:NVDA) to $410 from $400 and kept a Buy rating. The price target implied an upside of 45.3%. Nvidia's recent analyst day and GPU Technology Conference, or GTC, highlighted new products and their advancement in AI, further powering data centers, gaming,…

Benzinga

Why Nvidia Stock Is Trading Higher Today

NVIDIA Corp (NASDAQ: NVDA) is trading higher Tuesday morning following bullish analyst coverage from Tigress Financial. Tigress Financial analyst Ivan Feinseth maintained Nvidia with a Buy rating and raised the price target from $400 to $410.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Why Nvidia Shares Are Ripping Higher

NVIDIA Corp (NASDAQ: NVDA) shares are trading higher Thursday following several reports the company is interested in using Intel Corp (NASDAQ: INTC) for chip manufacturing.

Benzinga

Jim Cramer Sees Any Weakness In Nvidia Stock As Chance To Buy It

CNBC host Jim Cramer said he loves Nvidia Corp.’s (NASDAQ: NVDA) stock long-term and views any weakness in the chipmaker’s stock as a chance to buy more of it.

Benzinga

Nvidia Weighs Intel As Chip Making Foundry

NVIDIA Corp (NASDAQ:NVDA) looked to explore Intel Corp (NASDAQ:INTC) as a foundry for making its chips, Reuters reports citing CEO Jensen Huang. “They’re interested in us using their foundries. We’re very interested in exploring it,” Huang said. However, foundry discussions take a long time as it’s about integrating supply chains and not like “buying milk.”…

Benzinga

Kroger Partners With NVIDIA For AI Services

Kroger Co (NYSE:KR) has entered into a strategic collaboration with NVIDIA Corp (NASDAQ:NVDA) for Artificial Intelligence-enabled applications and services. The parties will build a state-of-art AI lab and demonstration center to expand Kroger's freshness initiatives and improve shipping logistics. The lab will be located in Kroger's Cincinnati-based headquarters office. It will use NVIDIA AI Enterprise software…

Benzinga

Nvidia Unveils Latest Chips, Technology to Speed up AI Computing

Nvidia Corp on Tuesday announced several new chips and technologies that it said will boost the computing speed of increasingly complicated artificial intelligence algorithms, stepping up competition against rival chipmakers vying for lucrative data center business. Nvidia's graphic chips (GPU), which initially helped propel and enhance the quality of videos…

Asharq Al-Awsat

TSMC Sees Demand Spike For Auto Chips Thanks To Tesla, Nvidia, Qualcomm, Intel

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) saw orders for automotive electronics chips accelerating at a faster-than-expected pace, Digi Times reports. TSMC's advanced technology leadership will likely attract an influx of AI chip orders for autonomous driving from vendors including NVIDIA Corp (NASDAQ:NVDA), Qualcomm Inc (NASDAQ:QCOM), Intel Corp (NASDAQ:INTC), and Tesla Inc (NASDAQ:TSLA). TSMC commanded a more than 90% share of the 7/5nm…

Benzinga

SoftBank-Owned Arm Ltd Looks To Prune ~1K Jobs As It Prepares For IPO

SoftBank Group Corp(OTC:SFTBY) (OTC:SFTBF)-owned Arm Ltd looks to slash 15% of its workforce as it prepares for its initial public offering, Bloomberg reports. Arm aims to trim 12% - 15% of U.K. staff to control spending and focus on fewer projects. Also Read: SoftBank Aims For Arm IPO After Nvidia Dumps Takeover Plans, US Joins…

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Intel's Autonomous Car Driving Unit Confidentially Files For US IPO

Intel Corp's (NASDAQ:INTC) self-driving car unit, Mobileye, has confidentially filed paperwork for a U.S. IPO, Reuters reports. The IPO could value the Israeli unit at over $50 billion. Intel acquired Mobileye for $15.3 billion in 2017 to fire up rivalry with Nvidia Corp (NASDAQ:NVDA) and Qualcomm Inc (NASDAQ:QCOM) in developing driverless systems for automakers. Intel CEO Pat Gelsinger…

Benzinga

Nvidia's Sensitive Data Remains Vulnerable To Ransomware Group's Deadline Which Ends Today

The Lapsus$ ransomware group threatened to leak Nvidia Corp (NASDAQ:NVDA) “most closely-guarded secrets” today unless it met their demands, TechCrunch reports. Lapsus$ told Nvidia to remove its controversial Lite Hash Rate (LHR) feature, limiting the Ethereum mining capabilities of its RTX 30 series graphics cards. Lapsus$ also wanted Nvidia to open-source its graphics…

Asharq Al-Awsat

Nvidia Says Employee, Company Information Leaked Online after Cyberattack

US chipmaker Nvidia Corp said on Tuesday a cyber attacker has leaked employee credentials and some company proprietary information online after their systems were breached. "We have no evidence of ransomware being deployed on the Nvidia environment or that this is related to the Russia-Ukraine conflict," the company's spokesperson said…

Benzinga

Here's Why Citi Is Still Bullish On Nvidia Despite Arm Deal Fall Out

Citi analyst Atif Malik reiterated a Buy rating on Nvidia Corp (NASDAQ:NVDA) with a $350 price target. The price target implies an upside of 41.5%. The re-rating follows Nvidia's termination of the planned acquisition of SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) ARM Ltd due to significant regulatory challenges to closing the deal. The Street largely expected that the…

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

SoftBank Aims For Arm IPO After Nvidia Dumps Takeover Plans

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) aims for an initial public offering for Arm Ltd. Nvidia Corp's (NASDAQ:NVDA) just abandoned the proposed acquisition of the chip designer amid fierce opposition from regulators and customers. SoftBank will keep a $1.25 billion breakup fee with the deal's termination. Related Content: Nvidia Quietly Looks To Dump Its Arm Ambitions SoftBank looks for…

1 2 3

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.