Oracle tumbles in broad pullback for AI trade
Hyperscaler is among the biggest losers in the S&P 500 on a day when traders are seemingly taking a big step back from the AI trade. Soft Q3 revenue guidance from chip designer Marvell Technology and...
Nvidia tumbles as China pushes toward an AI boom without the US juggernaut
What does an AI boom look like without at its epicenter? More and more, it seems that China is willing to test out those uncharted waters. Shares of the $4 trillion chip designer are down more than 3...
Nvidia traded $50 billion yesterday; that’s more than 15x what the UK’s entire FTSE 100 did in London
Nvidia did just enough in its Q2 results this week to keep the AI train rolling. Some investors saw the slight data center miss as a concern; others — including most Wall Street analysts — were satisf...
Marvell sinks on Q2 data center miss, weak guidance
slumped more than 13% in premarket trading after posting lower-than-expected data center results and a weak forecast for the third quarter. Though Q2 revenues were up 58% year over year to a record $2...
Nvidia’s sales surprise is now smaller than when the AI boom started
Of course revenue growth is slowing. That’s a problem of success thanks to how accomplished the chip designer has been in fueling AI as a powerful investment theme, which has propelled sales from abo...
Over half of Nvidia’s AI direct hardware sales revenue comes from just three customers
solid second-quarter earnings report showed how good it is to be the seller of the best pickax in the town with the big gold mine. All of the big AI players are racing to pour hundreds of billions of ...
Traders might not be too impressed by Nvidia’s earnings report, but Wall Street analysts sure are
A largely ho-hum set of second-quarter results from , with modest top- and bottom-line beats and guidance slightly ahead of expectations , isn’t lifting the shares today. But the numbers were enough t...
Nvidia, the asset manager, had a massive Q2 thanks to CoreWeave’s rally
made over $26 billion in net income in its second quarter, putting it third among S&P 500 companies as of their most recent quarterly filing and trailing only and . However, if you zeroed in on just ...
In case you were worried, Nvidia hasn’t forgotten about gaming
As seen in its second-quarter earnings results, posted on Wednesday , continues to build upon its gamer roots. The chip designer’s gaming division (its golden goose long before generating images of c...
Nvidia slides after Q2 data center sales miss estimates
second-quarter results are out, and it’s a top- and bottom-line beat: However, you’ll note that the sales beat is not due to any positive surprise in its data center business, which modestly missed ex...
Here’s what Wall Street expects from Nvidia’s second-quarter earnings today
Here’s the skinny on what traders are looking for when , the most important stock in the world, reports earnings for the three months ended July 31 after the close today. Wall Street has been getting ...
Nvidia isn’t getting much credit for a recovery in its China business
has talked a ton about the importance of accessing the Chinese AI market — especially after effectively getting locked out after export restrictions were enacted in mid-April . That talk seemingly pai...
AMD rises after partnership with IBM to develop “quantum-centric supercomputing”
and are teaming up to develop “quantum-centric supercomputing” — a combination of one powerful investment theme that’s been a key driver of market performance and earnings growth (AI) with another w...
Wall Street is gearing up for a monster earnings report from Nvidia
Ever since unofficially kicked off the AI boom in May 2023, we’ve tended to see a predictable routine among Wall Street analysts once every three months: Get blown away by the chip designer’s quarter...
Nvidia rallies after launching Jetson Thor “robot brain”
Shares of are up about 2% as of 1 p.m. ET after the chip designer formally unveiled the Jetson Thor, a platform for physical AI and robotics that it calls a “ robot brain .” During CEO Jensen Huang’s...
Aehr Test Systems soars after “world-leading hyperscaler” boosts its order
Semiconductor testing equipment maker is mooning after saying that a major hyperscaler has ordered even more of its systems to appraise their AI processors. Nearly one year ago, the company first ann...
Trump says US will take a 10% stake in Intel
stock was up more than 5% Friday after President Trump said the US government would take a nearly 10% stake in the ailing chipmaker. Trump said in the Oval Office that the company agreed to give the g...
Micron, TSMC rise amid report that the Trump administration will not pursue equity stakes in exchange for CHIPS Act subsidies
and are rallying following a report from The Wall Street Journal that the Trump administration will not seek equity in these companies in exchange for subsidies received as part of the Biden-era CHIP...
Nvidia reportedly halts H20 production after Chinese security decree clouds demand outlook
Shares of are down in premarket trading after The Information reported that the chip designer has told two suppliers that put the finishing touches on its H20 processors — the chips it recently recei...
Micron slumps on report Samsung’s new memory chip passed Nvidia’s reliability tests
Shares of are getting slammed on Wednesday after Seoul Economic Daily reported that Samsung Electronics’ new memory chip “passed reliability testing” from and is poised to enter the preproduction st...