How does Nvidia stack up against the rest of the S&P 500?
Nvidia, a chipmaker which 10 years ago was worth just $11 billion, is now the world’s largest company by market capitalization. Its latest upswing, a 10% gain in the last 5 days, has taken NVDA to a $...
Broadcom will be the next $1T company, says Bank of America
Only a handful of US companies — all of them tech titans that dominate the S&P 500 — can say they’re worth a trillion dollars. Another lesser-known member of the sector may soon join their ranks, acco...
Big tech keeps getting bigger, adding $3.8 trillion in market cap this year
For much of this year headlines (including our own) have been devoted to the rise of Nvidia, and rightly so: its valuation is mind-boggling and it has almost single-handedly driven 2024’s “AI theme” ....
Nvidia vs Apple: the looming $20B June XLK trade
Nvidia and Apple are in a race to see which company is bigger at the end of the week. At stake? $20 billion. Bloomberg Intelligence ETF analysts James Seyffart and Athanasios Psarofagis note that the ...
The market's AI fever is benefitting only one winner now: Nvidia
The AI boom is narrowing. More and more, Nvidia stands alone in driving this particular theme within the stock market. The chip designer’s operating results show that spending on AI clearly isn’t slow...
Nvidia is now worth $102M per employee
The records have been coming thick and fast for AI phenomenon Nvidia recently — and yesterday it ticked off two more major milestones. The company crossed the $3 trillion market cap mark and simultane...
Market wrap: fresh records for US stocks and a $3T milestone for Nvidia
The S&P 500 rose 1.2%, its best day in over a month, to finish at a record intraday and closing high. The Nasdaq 100 fared even better, up 2% to also close at a record in its best day since the afterm...
X and xAI skip the chip line as Elon Musk diverts supplies from Tesla
Not only does working at Elon Musk company mean you might work at them all , supplying one Musk company means you might also supply them all. CNBC reports that the Tesla CEO ordered Nvidia AI chips re...
The AI and semiconductors rush is creating a data center boom
The US is in the midst of a pretty staggering electronics-related building boom. Demand is so huge, in fact, that data centers are almost all leased before they are built . It stems, in part, from the...
Dell's earnings still aren't living up to AI expectations
Two weeks ago, I noted that an unexpected stock had matched Nvidia’s rocketship performance over the last year: . Dell appeared to be riding the AI wave, with its stock price jumping 11% on May 15 aft...
Nvidia’s $4T trading activity shows unparalleled stock market dominance
It’s been about a year since Nvidia’s blowout quarterly results and robust outlook signaled that the AI boom was on . The run-up to that fateful May 2023 earnings report also marks the time when Nvidi...
Nvidia rescues the stock market (again); S&P 500 ends flat
The S&P 500 staged a last-hour rally to pull out of the red and finish the day marginally positive. The tech-heavy Nasdaq 100 gained 0.3% to close at a fresh record high. was a standout performer, gai...
Nvidia’s last 12 months have been off the charts, gaining $1.8 trillion in market cap
All AIs on me For the stock market, the story of this week has been the story of the past year, with all eyes locked on AI-computing leader Nvidia. The company’s quarterly earnings, released after th...
Nvidia surges; US stocks slump on higher rates
went up a lot on Thursday – but not much else did. The chipmaker powering the AI boom soared 9.3% after releasing stellar quarterly results yesterday after the close. However, the S&P 500 fell 0.7% in...
Nvidia’s post-ChatGPT surge can’t stop fueling the broader market
The pop in shares following its nearly perfect earnings report yesterday afternoon is pretty much the sole bright spot in the market today, but it’s enough to put the S&P 500 on track for another rec...
Nvidia’s quarterly profits and revenue growth are insane
The remarkable story of continues, with the AI chipmaker posting big quarterly numbers on Wednesday after the close. Revenues jumped 262% from the prior year, to over $26 billion. Profits rocketed hi...
Chip stock boom broadens
Nvidia’s earnings aren’t due until after the close, but there’s other AI-related semiconductor excitement to be found. Shares of — a somewhat staid, Massachusetts chipmaker best known for suppling ch...
Nvidia’s explosive growth in earnings and revenue, charted
The juggernaut semiconductor company is set to release earnings on Wednesday after the close of trading. It would be an understatement to say expectations — driven by searing demand for Nvidia’s grap...
Dell’s stock has risen as much as Nvidia’s, but Dell’s profits haven’t
Nvidia has been one of the biggest stock market winners over the last year, with the tech industry’s insatiable demand for AI chips sending its stock up 223%. However, another company has quietly gain...
Apple enters AI arms race with chips for data centers
We finally have a look at one of ’s long-awaited AI plays: the development of a chip to run AI software in data centers, codenamed Project ACDC or Apple Chips in Data Center. Whether this is enough to...