The Latest Breaking News from Nvidia Corp

Nvidia Corp. (NASDAQ:NVDA) has dramatically outperformed the Magnificent 7 (Mag 7) group since late 2022, surging over 475% in relative performance, buoyed by several catalysts. While peers like Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA) have lagged, Nvidia’s gains have reshaped the tech landscape, turning it from a niche player…

Shares of Super Micro Computer Inc (NASDAQ:SMCI) are trading higher Friday morning after the company late Thursday announced the immediate availability of its new NVIDIA Corp (NASDAQ:NVDA) Blackwell-powered solutions.

Oracle Corp. (NYSE:ORCL) may be one of Wall Street's hottest AI bets, but CNBC's Jim Cramer says something isn't adding up. Despite Oracle's stock strength, chipmakers that would logically benefit from the company's data center growth, like Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices Inc. (NASDAQ:AMD), are barely moving.

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk announced completion of a “great design review” for the company’s AI5 chip via a post on X, signaling Tesla’s push into custom semiconductors as global chip competition intensifies.

Both history and folklore are replete with accounts of circumstances looking incredibly grim — until an unexpected catalyst delivers a much-needed reprieve. Investors of semiconductor giant Nvidia Corp (NASDAQ:NVDA) will be hoping for just such a turnaround. While the company has practically been synonymous with the remarkable rise of artificial…

For years, Nvidia Corp (NASDAQ:NVDA) has been the undisputed king of AI hardware, but OpenAI just threw a curveball. The ChatGPT maker has inked a $10 billion deal with Broadcom Inc (NASDAQ:AVGO) to co-design and mass-produce its own AI chips by 2026, signaling a seismic shift away from Nvidia's grip…

OpenAI is set to begin mass production of its first proprietary artificial intelligence chip next year through a partnership with Broadcom Inc. (NASDAQ:AVGO), marking a strategic shift away from its reliance on Nvidia Corp. (NASDAQ:NVDA) amid surging demand for artificial intelligence computing power.

All good things eventually come to an end, and the massive rally in Nvidia Corp. (NASDAQ:NVDA) appears to be finally losing steam. The seminal semiconductor stock has rallied nearly 100% following its April lows and has basically traded flat over the last month.

Chinese tech giants are pushing ahead with Nvidia Corp. (NASDAQ:NVDA) purchases even as regulators in Beijing caution them against heavy reliance on U.S. chips.