Nvidia ( NVDA -6.22%) has been one of the greatest growth stocks in recent history. Over the past decade, the chipmaker's share price (adjusted for splits) soared by 28,610%. That would have turned a modest $1,000 investment into about $287,100.
Behind declines for shares of NVIDIA Corp. and Amazon.com Inc., the Dow Jones Industrial Average is declining Tuesday afternoon. The Dow was most recently trading 234 points lower (-0.5%), as shares of NVIDIA Corp.
Shares of NVIDIA Corp. and Amazon.com Inc. are seeing declines Tuesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow was most recently trading 113 points lower (-0.
Nvidia CEO Jensen Huang says he has yet to meet with President-elect Donald Trump following the latter's victory in November's presidential election. Huang was giving an interview to Bloomberg's Ed Ludlow on Tuesday when he was asked if he'd been invited to visit Mar-a-Lago, Trump's Palm Beach resort.
Shares of NVIDIA Corp. NVIDIA Corp. and Amazon.com Inc. Amazon.com Inc. are contributing to the index's intraday rally, as the Dow Dow Jones Industrial Average is trading 377 points, or 0.9%, higher.
BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
Nvidia has trounced rivals when it comes to AI. But could the chip giant be at risk of losing its crown? Yahoo Finance Executive Editor Brian Sozzi asked Bank of America chip analyst Vivek Arya to walk through whether or not Nvidia (NVDA) investors should be afraid of Amazon (AMZN) and Broadcom (AVGO) taking too much of the pie.
Nvidia sells graphics processing units (GPUs) that provide computing power for various uses. More than two decades ago, the main function was to support PC gaming. But what has put the business on the map in recent years has been its GPUs that enable training AI models in massive data centers, now representing the bulk of the chipmaker's sales.
True, Amazon's top line isn't growing as fast as Nvidia's. In the third quarter, Amazon's revenue increased 11% year over year to $158.9 billion. The company's net income of $15.3 billion was up 54.5% from the year-ago period.
Nvidia Chief Executive Jensen Huang said on Tuesday that MediaTek will be able to sell the desktop central processor chip the two companies unveiled this week and that Nvidia has undisclosed plans for the chip.
Blackwell has arrived. At CES on Monday night, Nvidia unveiled its long-awaited next generation of GeForce RTX graphics cards based on its latest Blackwell microarchitecture, and the race will soon begin by AI outfits training large language models and PC gamers alike to gobble up these new cards as soon as they are released.