NVIDIA's recent market performance is a testament to the transformative power of AI in the tech sector. With a remarkable 46% increase in stock prices this year, NVIDIA has not only surpassed Amazon in market value but is also closing in on Alphabet. This surge reflects the high demand for NVIDIA’s AI accelerators, which are essential for powering today’s AI tasks. As NVIDIA becomes a Wall Street favorite, it’s clear that AI capabilities are becoming the new benchmark for tech industry leadership. How will NVIDIA's rise shape the future of AI and technology? #NVIDIA #ArtificialIntelligence #TechIndustry #AllAboutAI
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NVIDIA’s record-breaking revenue rocketed by 262% year-over-year to $26 billion. NVIDIA reports an 18% increase in revenue from the last quarter, reflecting its dominance in the AI and tech industry. Learn more in our recent article ⬇️ #AI #TechGrowth #NVIDIA #MachineLearning #TechInnovation #JensenHuang #AIadvancements #TechNews2024 #EconomicGrowth https://lnkd.in/gR23bBSV
NVIDIA's record-breaking revenue rockets 18% from the last quarter | DailyAI
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Nvidia has surpassed a major milestone, with a market value of over $1 trillion. The company's success has been fueled by the booming generative AI market, as well as a rebounding tech sector and impressive stock growth of 239% in 2023. However, despite these impressive achievements, there may be challenges ahead. Want to learn more about Nvidia's rise and the world of generative AI? Check out this article. #nvidia #generativeai https://lnkd.in/gfziVGft
What's going on with Nvidia stock and the booming AI market?
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📊 All eyes are on NVIDIA ahead of their August 28th earnings. With AI spending surging from tech giants and a potential delay in their next-gen Blackwell platform, volatility is expected. Despite short-term risks, NVIDIA's long-term market position remains strong. This analysis is featured in the August edition of our InDaloop e-newsletter. 👉 Read the full article here https://hubs.ly/Q02LtkR90 #NVIDIA #AI #CloudComputing #TechInvesting #EarningsSeason
All Eyes on nVidia - Daloopa Blog
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Nvidia continues to grow as it surpassed the $3 trillion mark in June 2024 and has now passed Apple to be the second largest-listed U.S. company based on market value. On June 7, Nvidia completed a 10-for-1 stock split. Check out this article to learn more about Nvidia and its role in the rise of AI. #nvidia #ai #nvidiastock https://lnkd.in/gfziVGft
What's going on with Nvidia stock and the booming AI market?
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NVIDIA, the GPU giant, has reported another quarter of exceptional growth, registering an impressive $22.1 billion in revenue for Q4 - surpassing all projections. A comparison to last year's numbers shows a staggering rise of 265% in revenue, highlighting the company's continued efforts in driving the AI revolution. Learn more about Nvidia's strategies and their impact on the #AI industry by reading @TheCFO's in-depth analysis. #Innovation #Technology #Growth #ArtificialIntelligence #RevolutionizingAI'
Nvidia chips in on AI boom - The CFO
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In Today's GTC Keynote, Jensen Huang unveiled a new generation of AI chips. Meet Blackwell (I cannot unsee a skull 💀) NVIDIA announced a new generation of AI chips and software for running AI models. This move will widen the lead among competitors and make it a top choice for AI companies. 🏎️ Since the AI boom in late 2022, Nvidia’s share price has increased five-fold and total sales have more than tripled. Big names like Microsoft and Meta have invested billions in these chips. 💰🔥 The first chip of the new generation, the GB200, will ship later this year. Nvidia is promising more power, teasing customers to place new orders now. The current generation of “Hopper” H100s are still in high demand. In addition to the new chips, Nvidia is also introducing NIM that will make it easier to deploy AI, giving customers another reason to stick with Nvidia chips over competitors. Nvidia is evolving from just a chip provider to a platform provider, just like Microsoft or Apple, where other companies can build their software. Can NVDA stock keep climbing? Who knows - but I wouldn't bet against it.
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By market capitalisation, Nvidia has dethroned Microsoft to become the world's most valuable company. With shares soaring nearly threefold this year thanks to its AI computing strategy, Nvidia's stock has hit a record high, surpassing both Microsoft and Apple. The demand for Nvidia's AI processors is driving this success, making it the most traded company on Wall Street. #Nvidia #AI #TechGiant #TechMarket
Nvidia becomes world's most valuable company on back of demand for AI
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NVIDIA just revealed a stake in SoundHound AI, and shares of the voice recognition company soared 55% as the market opened on Thursday. Nvidia holds about 1.73 million shares of SoundHound AI equating to roughly $3.67 million as of December 31, according to a new regulatory filing. SoundHound develops AI tools that power voice assistants and language recognition capabilities for businesses. "We view this as a positive indicator for the company as this investment now further solidifies the company's brand within the AI Revolution with the Godfather of AI Jensen and NVDA now backing SOUN and we believe this could be the start of a broader investment into the company down the line which is a clear tailwind," Wedbush Securities's Daniel Ives wrote in a note Thursday. Nvidia is now the third most valuable company in the US after its red-hot 53% rally year-to-date. In the last 12 months, it's up 224%, and it now boasts a market cap of $1.83 trillion, surpassing the value of Alphabet and Amazon this week. Full story on Business Insider: https://lnkd.in/g2q__XDy #nvidia #soundhound #stockmarket #ai #tech
Nvidia's investment in SoundHound sends shares of the AI voice company soaring 55%
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Wall Street's enthusiasm for AI investments is waning, as investors seek clarity on the actual revenue generation potential of AI technologies. Current AI products, while impressive, have not yet proven to be transformative, leading to investor anxiety regarding their long-term value. Nvidia is positioned as a key player in the AI landscape, likened to a supplier of essential tools in a gold rush, with its chips powering various applications beyond AI. The company's data center business accounts for nearly 90% of its revenue, underscoring its established market presence. Potential risks include the complexity of Nvidia's hardware, which may lead to competition from major tech companies developing their own AI chips. #ai #nvidia #goldrush #bubble https://lnkd.in/dgMtWN5Q
As Nvidia serves up a giant cookie, Wall Street asks for milk | CNN Business
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