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The Latest Breaking News from Nvidia

Sam Altman’s AI empire will devour as much power as New York City and San Diego combined. Experts say it’s ‘scary’

Andrew Chien told Fortune he’s been a computer scientist for 40 years but we’re close to “some seminal moments for how we think about AI and its impact on society.”

Fortune

Taiwan Semiconductor Plans Ultra-Advanced Chips By 2028 With Massive Taichung Fab

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) stock trended on Wednesday following reports that the contract chipmaker plans to break ground on a new 1.4-nanometer fabrication plant in Taichung next quarter.

Benzinga

Alibaba announces partnership with Nvidia despite Beijing’s bans — Chinese e-commerce giant is prioritizing AI with plans for global expansion

Alibaba is partnering with Nvidia for its Physical AI software stack, while also announcing plans to expand the global footprint of its data centers.

Tom’s Hardware

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IREN Stock Gains 510%—Is More Upside Possible?

IREN Limited (NASDAQ:IREN) shares have skyrocketed an extraordinary 510% over the past six months, prompting investors to ask whether there is still more upside ahead.

Benzinga

Intel Stock Soars Along With Unusual Put Options Activity - Is INTC Stock Overvalued?

Intel stock has moved significantly higher on recent news that Nvidia is investing $5 billion in the company. But is INTC stock now overvalued? The heavy put option activity in INTC stock today may imply this.

Barchart

OpenAI may lease Nvidia GPUs instead of buying them — financial engineering deal could cut hardware costs in pursuit of 10GW buildout

OpenAI is in advanced talks to lease high-performance GPUs from Nvidia, rather than purchase them outright, as part of its plan to build out custom AI data centers over the next several years.

Tom’s Hardware

Nvidia's gen-AI facial animation tech is going open source, potentially making it much easier for game devs to turn real-time speech into convincing characters

Better AI characters, more convincing in-game interactions incoming?

PC Gamer

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RedCloud Joins Nvidia Connect To Tackle Trillion-Dollar Trade Challenge

RedCloud Holdings Plc (NASDAQ:RCT) shares are trading higher on Wednesday after the company announced it has joined the Nvidia (NASDAQ:NVDA) Connect program as part of its effort to build a new operating system for global trade.

Benzinga

Forget Nvidia—Tepper Just Banked $57 Million On This Under-The-Radar AI Play

David Tepper, billionaire hedge fund manager at Appaloosa Management, is quietly reaping big rewards this summer. While Nvidia Corp (NASDAQ:NVDA) grabs headlines, Tepper's under-the-radar bet on Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) has surged nearly 25% in under three months, generating roughly $57 million in paper gains.

Benzinga

Move Over, Nvidia—Micron's Rally Just Rewired The AI ETF Playbook

Micron Technology Inc’s (NASDAQ:MU) fiscal Q4 profit beat on both the top and bottom line is placing the chipmaker under sharper focus for ETF investors seeking to catch the next wave of the semiconductor rally. The timing is especially noteworthy as investors in the industry’s bellwether, Nvidia Inc (NASDAQ:NVDA), look…

Benzinga

This Analyst Thinks CoreWeave Stock Can Jump 50%. Should You Buy CRWV Now?

CoreWeave scales rapidly in AI compute, balancing growth potential with steep operating costs and losses.

Barchart

A zero-water, zero-emissions, off-grid AI data center sounds like science fiction, but it's actually real and already running

Forget nuclear, hydrogen fuel cells are where it's at.

PC Gamer

Alibaba Stock: Shares Rocket 9% in US Premarket After CEO Pledges to Pour Cash Into AI

Alibaba's US-listed shares jumped 9% in premarket trading after CEO Eddie Wu pledged to expand the company's multibillion-dollar investment in artificial intelligence and cloud infrastructure.

International Business Times UK

Solidigm touts industry's first liquid-cooled enterprise SSD — D7-PS1010 is an E.1 PCIe 5.0 drive with a wrap-around cold plate

Solidigm's D7-PS1010 is the industry's first dual-sided liquid-cooled enterprise SSD.

Tom’s Hardware

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The Guardian - US

AI investors are in for a rude awakening

There is a huge gap between investment and revenue from LLMs. Investors wrongly assume everyone will be a winner

TechRadar

Fears of the death of Intel Arc GPUs may be exaggerated – despite Nvidia deal, a powerful new graphics card is rumored

Intel and Nvidia partnership may not spell doom for Arc GPUs after all, if a new rumor about a high-end graphics card pans out.

Benzinga

Legendary Investor Rob Arnott Calls AI Chatbots 'Brilliant' But Warns Against AI Stocks—Recommends 2 Better Segments

Rob Arnott, the founder of Research Affiliates and a legendary investor, is impressed by the capabilities of AI chatbots. However, he remains cautious about the future of AI stocks.

MarketBeat

Broadcom Price Targets Just Reached Above $400 for the First Time

Just like Broadcom shares, Wall Street analysts are lifting their price targets on the stock to new heights. Two analysts now see the stock moving above $400.

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Barchart

Trump’s Bet on Intel Stock Is Up 50%. Should You Try to Get In on the INTC Action Too?

The government’s stake in Intel has increased by 50% after Nvidia invested in the company.

Fortune

Nvidia and OpenAI partnership is a catalyst for enterprise AI growth, says Wedbush’s Dan Ives

Nvidia will invest up to $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers.

Tom’s Hardware

Intel could be working on its own multi-frame generation tech — XeSS MFG name and logo found in Arc graphics driver files

Intel might be working on its own multi-frame generation to combat Nvidia and AMD. Buried within the latest Arc graphics fiver, someone on Reddit found mentions of "Multi-Frame Generation (XeSS)" along with a potential logo — all hinting at Intel's own multi-frame gen tech.

PC Gamer

Yes, one line in a config file for Intel's graphics software really does say 'multi frame generation' but we probably shouldn't get our hopes up

Though I shall completely ignore my own advice and pester Intel constantly until we get it.

Fortune

Markets are selling off after Powell said six words investors don’t want to hear: ‘Equity prices are fairly highly valued’

Investors are wary of any sign that the Fed thinks “irrational exuberance”—as former Fed chair Alan Greenspan once called it—has kicked in.

Barchart

Nasdaq Futures Climb as Alibaba and Micron Boost AI Sentiment

December Nasdaq 100 E-Mini futures (NQZ25) are trending up +0.30% this morning as optimism over artificial intelligence was reinforced by Alibaba’s pledge to boost spending and an upbeat forecast from Micron Technology.

Benzinga

Alibaba Partners With Nvidia To Power Robots And Self-Driving Cars

Alibaba Group (NYSE:BABA) is deepening its artificial intelligence ambitions by integrating Nvidia’s (NASDAQ:NVDA) suite of “physical AI” development tools into its cloud platform, a move that strengthens ties between two of the most influential players in global AI. Alibaba shares rose on Wednesday following the announcement.

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