Nvidia dunks on the doubters
Q3 results and Q4 outlook provided an emphatic statement that speaks for itself: it’s still boom times for the company at the heart of AI. And while actions (and numbers!) may speak louder than words,...
Nvidia’s gaming division underwhelmed Wall Street: It’s still bringing in about as much money as Dr Pepper
When reported its third-quarter earnings on Wednesday afternoon, the company’s once golden goose gaming division posted sales growth of 30% year over year. That still wasn’t enough to beat Wall Stree...
Nvidia’s blowout earnings and guidance are lifting the entire AI supply chain
You might expect a company that recently reached a $5 trillion market cap (the first in history to do so) to be a relatively mature enterprise; slowing down, with a fat cash cow at its core, multiple ...
Nvidia Q3 earnings and sales beat estimates; Q4 sales outlook well ahead of expectations
is reminding everyone how great it is to be the stock at the center of the AI boom, posting Q3 sales and earnings beats along with a very robust Q4 revenue outlook. For the three months ended October ...
Musk: xAI to build 500-megawatt data center in Saudi Arabia with Humain using Nvidia GPUs
Today in Washington, DC, Elon Musk announced that xAI is developing a 500-megawatt AI data center in Saudi Arabia in partnership with Humain — the country’s state-owned AI company — using chips. Comp...
Brookfield launches $100 billion AI infrastructure program with Nvidia and Kuwait’s sovereign wealth fund as investors and founding partners
Brookfield is launching an Artificial Intelligence Infrastructure Fund with the goal of buying up to $100 billion in (as the name suggests) AI infrastructure assets “across every stage of the value ch...
Nvidia has a lot of questions to answer, and none of them are about demand for its AI chips
earnings report comes at a tenuous time for the company and the AI trade as a whole. Fund managers think companies (read: hyperscalers) are investing too much . The good news about demand is known: Nv...
Analyst: Sandisk a candidate for S&P 500 after surge
Despite having a rough day today as investors flee risky stocks, has had a ridiculous run since it was spun off from its former parent, Western Digital, in February at a valuation of roughly $5 billi...
JPMorgan recommends bullish options bet on Nvidia ahead of earnings
, the most valuable stock in the world, has lagged its semiconductor peers over the past three months in the run-up to its fiscal 2026 third-quarter results, due out after Wednesday’s close. JPMorgan ...
Peter Thiel’s hedge fund joins SoftBank in dumping Nvidia
What do Peter Thiel and Masayoshi Son have in common? Both are no longer owners of the world’s most valuable publicly traded company. A 13F filing showed that the Silicon Valley luminary’s hedge fund ...
Micron spikes on report that Samsung hiked memory chip prices by as much as 60%
Memory chip specialist is soaring after Reuters reported that Samsung has raised prices of select memory chips by as much as 60% since September, citing two people with knowledge of the price changes...
Applied Materials dips despite posting modest beats on Q4 sales, EPS
Solid Q4 results and a slightly better-than-anticipated outlook from aren’t inspiring any would-be buyers. For the three months ended October 26, the firm reported: Revenue: $6.8 billion (compared to...
Sandisk, memory chip stocks slump after Japanese competitor reports weak numbers
High-flying shares of tech hardware firms like , , and — which make products to deal with the deluge of information and data expected to be produced by the AI database build-out — dropped Thursday af...
Microsoft to use OpenAI’s chips to improve its own in-house chips
As part of investment in OpenAI, the company is using OpenAI’s development of custom AI semiconductors to help improve its own in-house chips, which have lagged behind peers , according to an intervi...
Michael Burry has some concerns about AI accounting
Michael Burry think there’s not enough appreciation for depreciation. The investor of “The Big Short” fame posted on X on Thursday, taking aim at the way and handle accounting for their GPUs. Unders...
AMD erases losses after CEO Lisa Su says AI business to grow more than 60% a year for 3 to 5 years
Shares of pared substantial losses to turn positive after CEO Dr. Lisa Su unveiled optimistic medium-term revenue guidance at the company’s Financial Analyst Day. Over the next three to five years, h...
Nvidia dips as SoftBank dumps entire $5.8 billion position in the chip designer
SoftBank is moving on from the AI boom’s signature stock to fund an investment in the owner of the AI boom’s signature product. In its Q2 earnings presentation, the Masayoshi Son-led Japanese investme...
Anthropic’s move to diversify from Nvidia chips may give it an edge against OpenAI
Anthropic has reportedly been upping its revenue forecasts , and appears to be catching up to market leader OpenAI. Anthropic’s thriving API business is juicing its revenues, and it has made some stra...
TSMC rises after reporting that sales grew 17% in October, the slowest pace since February 2024
shares are up on Monday after the company reported a 16.9% rise in sales for October. That was its slowest pace since February 2024 — adding to the debate on whether the global AI complex can continue...
Chip stocks jump as Nvidia’s Jensen Huang asks TSMC to boost chip output
Talking about what’s coming out of Taiwan is a lot better for than talking about what isn’t going into China . On Saturday in Taiwan, CEO Jensen Huang said the company’s flagship Blackwell chips are ...