Goldman Sachs divides the artificial intelligence (AI) boom into several different phases. In a recent interview, Ben Snider at Goldman Sachs told CNBC that hedge fund managers began transitioning toward AI software stocks in the third quarter.
Dr Seena Rejal examines the implications of increased competition in the semiconductor market on AI development.
What Happened: While Nvidia has dominated the AI chip market with its stock surging 180% this year to reach a market capitalization of $3.5 trillion, its premium valuation of 48 times projected fiscal 2025 earnings could limit future gains. AMD ...
This company could be a great pick for investors seeking to profit from the next wave of AI. In Nvidia's third-quarter earnings conference call on Nov. 20, Huang stated, "The next wave of AI are [sic] enterprise AI and industrial AI." He added ...
CEO Elon Musk’s aggressive pursuit of artificial intelligence chips for his supercomputer has pushed Nvidia (NVDA) to its production limits.
Musk’s xAI and Meta are among those building super clusters of computer servers with as many as 100,000 of Nvidia’s most advanced chips.
Nvidia CEO Jensen Huang said today's AI doesn't provide the best answers and more computational power is necessary.
Last week, Nvidia Corporation (NASDAQ: NVDA) issued its third quarter results, topping both sales and earnings estimates as well as posting a better-than-expected current quarter guidance as its end-customers,
Nvidia's journey to a $3.53 trillion market cap showcases its evolution from a GPU powerhouse to a leader in AI and data center innovation, overcoming challenges like supply chain disruptions and capitalizing on the AI revolution to drive unprecedented growth post-COVID.
Nvidia says its new AI music editor can create “sounds never heard before” — like a trumpet that meows. The tool, called Fugatto, is capable of generating music, sounds, and speech using text and audio inputs it’s never been trained on.
Nvidia unveiled a new AI model on Monday called Fugatto that can create sounds, music, and clone and modify voices, based on the user's audio and text prompts.