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The Latest Breaking News from Nvidia

Asian markets mostly higher in quiet holiday trading after AI deals push Wall St to more records

Asian shares are mostly higher in quiet holiday trading, while Japan’s benchmark rose to new records on hope for more government spending and lower taxes under Japan’s first woman prime minister

The Independent UK

Lisa Su Isn't Worried About AI Hype Fears, Says Big Bet With OpenAI Could Pay Off 'Tens Of Billions Of Dollars' — AMD Stock Spikes 1.5% After Hours

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) extended their momentum in after-hours trading on Monday, rising 1.53% following a nearly 24% surge during the regular session.

Benzinga

"You really want every person to have their own dedicated GPU": OpenAI becomes Nvidia's biggest cheerleader as its president calls for a 10-billion GPU bonanza - but no mention of the petawatt-scale electricity it would require

Nvidia and OpenAI promote massive GPU expansion, sparking concerns about energy demand, geopolitical tensions, and the practical limits of always-on AI.

TechRadar

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Meta may spend billions to acquire promising AI accelerator startup to loosen reliance on Nvidia by supercharging its own MTIA AI chip - but what will Jensen say?

Meta may spend billions to acquire AI chip startup Rivos in a move that could reduce its dependence on Nvidia.

TechRadar

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

Mark Cuban’s Hottest Take Regarding Investing — Is He Right?

There is some logic to what Cuban suggested, but it's not a one-size-fits-all model -- find out if he's right.

GOBankingRates

AMD Stock Surges on OpenAI Deal

Advanced Micro Devices could see tens of billions of dollars in new revenue from the ChatGPT maker as the AI infrastructure buildout accelerates.

Kiplinger

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Should You Buy the Dip in This AI Data Center Stock?

Here's one chip stock that's down but certainly not out. Why a key announcement could change the game for this AI data center stock.

Barchart

Few Investors See It Coming: Nvidia's Next Growth Engine Is Already in Motion

Nvidia's next big opportunity may not lie in data centres but in AI-powered personal computers — a market poised to triple in size by 2026 and redefine how users interact with artificial intelligence.

International Business Times UK

Nvidia Stock Price's Wild Rollercoaster: Shares Plummet Then Roar Back After AMD's Shock OpenAI Deal

Nvidia's stock recovers after an initial dip as rival AMD announces a major AI chip deal with OpenAI. Explore the market reaction and the escalating battle for GPU supremacy in our latest analysis.

International Business Times UK

AMD stock soars after striking a landmark deal with OpenAI—part of Sam Altman’s bid to loosen Nvidia’s grip on AI

The deal represents a major win for AMD in its battle against GPU leader Nvidia, and shows how OpenAI is racing to secure the hardware it needs to scale, even as it navigates its complex ties to Nvidia.

Fortune

Intel's morale is reportedly 'in the toilet' as the chip maker strives to be 'really lean, fast moving'

Will deals like the Nvidia joint venture turn things around for Intel?

PC Gamer

AMD Bets the House on OpenAI: Deep Dive into the High-Stakes Partnership Shaking Up the AI Landscape

The ChatGPT maker's new partnership with the chipmaker is its latest move in a trillion-dollar push to build the future of artificial intelligence, directly challenging the market leader, Nvidia.

International Business Times UK

Churchill Capital Corp X (CCCX) Stock Soars As Citron Highlights Quantum Opportunity The Market Is Missing

Shares of Churchill Capital Corp X (NASDAQ:CCCX) are rising Monday after a notable research firm expressed optimism for the quantum computing technology company on social media.

Benzinga

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Benzinga

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

Taiwan Semiconductor Surges Past 52-Week High As AI Boom Fuels Record Market Rally

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) topped its 52-week high of $196.72 on Monday as the continued artificial intelligence frenzy spurred investor optimism.

PC Gamer

AMD seals multi-year megadeal with OpenAI involving 6 gigawatts' worth of AI GPUs and a possible 10% stake in AMD

Take that, Nvidia.

International Business Times

OpenAI Signs Multi-billion Dollar Chip Deal With AMD

OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure massive amounts of computing power for rolling out generative artificial intelligence.

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Tom’s Hardware

Acer chief says Nvidia’s Intel investment will complicate PC supply chains — says Lutnick's 50/50 proposal could take 50 years to realize

Acer CEO Jason Chen says that the Nvidia-Intel partnership could potentially complicate product planning and placement for PC makers.

Barchart

This Crypto and AI Stock Just Got a Massive New Street-High Price Target That Implies Shares Could Double in the Next Year

A massive upgrade on IREN Limited signals a potential doubling of IREN stock.

Barchart

Stocks Supported by AI Spending

The S&P 500 Index ($SPX ) (SPY ) today is up +0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. December E-mini S&P futures (ESZ25 ) are up +0.21%, and December E-mini Nasdaq futures...

Windows Central

"Advancing the entire AI ecosystem" — AMD and OpenAI announce bombshell computing deal worth tens of billions of dollars

AMD and OpenAI today announced a partnership that will see the former deliver 6 gigawatts of compute power over the next five years for OpenAI's next-gen infrastructure. Here's what you need to know.

Benzinga

ChatGPT Parent OpenAI, AMD Partner In Landmark AI Deal

Advanced Micro Devices (NASDAQ:AMD) shares surged premarket Monday following a landmark agreement with OpenAI to deploy up to 6 gigawatts of AMD Instinct GPU power for the tech giant's next-generation AI infrastructure.

International Business Times

AMD Shares Jump 25% as OpenAI Strikes Landmark AI Chip Deal

Under the agreement, OpenAI will deploy up to 6 gigawatts of AMD's Instinct GPUs over several years, starting with a 1 GW rollout in 2026.

The Independent UK

OpenAI and chipmaker AMD sign chip supply partnership for AI infrastructure

AMD is announcing a deal to supply its chips to OpenAI for building AI infrastructure

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