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The Latest Breaking News from Nvidia

Nvidia At $20 Trillion Isn't Crazy, Says Kindig — It's A Logical Outcome Of AI Spend

I/O Fund’s CEO Beth Kindig has issued what may be the boldest valuation call of the AI era: Nvidia Corp (NASDAQ:NVDA) at $20 trillion by 2030.

Benzinga

Nvidia's Strong Earnings Despite AI Bubble Fears Spark Intrigue Toward REX Shares' Synthetically Leveraged NVDX ETF

Arguably representing the most anticipated financial disclosure of the year so far, Nvidia Corp (NASDAQ:NVDA) faced mounting headwinds. Not only was the competition heating up in the graphics processing unit (GPU) space, serious questions were starting to emerge about the business viability of artificial intelligence. While AI has become widely…

Benzinga

Nvidia CEO Jensen Huang Slams Market's Lacklustre Reaction To Blowout Quarter As AI Jitters Hit Stock: Report

In a recent company meeting on Thursday, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang reportedly expressed his dissatisfaction with the market’s response to the company’s exceptional quarter.

Benzinga

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Wall Street warns of rising AI debt risk as stocks slide on wobbly investor confidence — analysts warn of 'systemic risk' as Nvidia share price creaks

Wall Street analysts are growing increasingly concerned about the interconnected revenue relationships of many of the top AI and tech companies and their rapidly expanding debts, financing enormous infrastructure projects. This has investors worried, and stocks are sliding as concerns are rising.

Tom’s Hardware

Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’

Nvidia’s blowout earnings call—which came in way above expectations—simply wasn’t good enough to convince traders that AI may not be overcooked.

Fortune

Four Americans charged with smuggling Nvidia GPUs and HPE supercomputers to China face up to 200 years in prison —$3.89 million worth of gear smuggled in operation

U.S. prosecutors say an Alabama entrepreneur and three partners smuggled more than $3.89 million worth of restricted Nvidia GPUs and HPE supercomputers to China through Hong Kong, Malaysia, and Thailand.

Tom’s Hardware

Did Intel Poach Taiwan Semiconductor Know-How? CEO Calls Rumors 'Speculation'

Intel Corp. (NASDAQ:INTC) is working to reclaim semiconductor leadership as its rivalry with Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) intensifies across the global chip supply chain.

Benzinga

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ARC Raiders CurrentQueue Fence D3DFence Crash Fix

Suffering from the UE-PioneerGame CurrentQueue.Fence.D3DFence ARC Raiders error? You’re not alone. Among many other things, ARC Raiders has been praised

Pro Game Guides

S&P Futures Climb on Fed Rate-Cut Hopes, U.S. PMI Data in Focus

December S&P 500 E-Mini futures (ESZ25) are trending up +0.46% this morning as sentiment improved following dovish comments from a Federal Reserve official.

Barchart

Qualcomm refines Windows on Arm gaming with broad feature release — platform gets Snapdragon Control Panel, AVX2 emulation, improved anti-cheat support

Qualcomm has added several gaming-focused enhancements for its Snapdragon Windows-compatible SoCs, including a new control panel, GPU driver updates, anti-cheat support for five new providers, and AVX2 support.

Tom’s Hardware

OpenAI Teams Up With Foxconn To Design And Manufacture AI Hardware In The US

In a bid to strengthen the artificial intelligence (AI) infrastructure in the United States, OpenAI has partnered with the Taiwanese electronics giant Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF).

Benzinga

Eurozone economy grows again, but one big problem isn’t going away

Services are fuelling eurozone growth, but weak manufacturing and rising costs continue to weigh on the economy.

Euronews

Nvidia Chips Export Plot Involving Americans and Chinese Nationals Exposed

Four individuals, including two Americans and two Chinese nationals, face federal charges for secretly exporting Nvidia AI chips to China.

International Business Times

Musk Warns AI Must Value 'Truth And Beauty' As He Predicts Humanoid Robots From Tesla, Others Will Eliminate Global Poverty

On Wednesday, speaking at the U.S.-Saudi Investment Forum, Tesla Inc. (NASDAQ:TSLA) Elon Musk said advances in artificial intelligence and humanoid robotics could usher in a future of unprecedented abundance — but only if AI systems are built with human-centered values.

Benzinga

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The Guardian - UK

Falling stock markets and high shop prices hit US consumer confidence; rate cut hopes lift Wall Street – as it happened

Rolling coverage of the latest economic and financial news

Benzinga

Nvidia-Supplier Foxconn Reportedly Bets Big On AI With Up To $3 Billion Annual Spend As Chairman Warns Of Shakeout In Brutal Chinese EV Market

Nvidia Corp (NASDAQ:NVDA) supplier Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF), is reportedly shifting its financial firepower toward artificial intelligence.

The Independent UK

Asian stocks track Wall Street's drop, erasing previous day's gains

Asian stocks have tracked Wall Street’s plunge in skittish trading, with the region’s major benchmarks erasing the previous day’s gains

The Independent UK

OpenAI and Taiwan's Foxconn to partner in AI hardware design and manufacturing in the US

OpenAI has announced a partnership with Taiwan's Foxconn to design and make equipment for AI data centers in the U.S. Foxconn, known for making assembling iPhones and other Apple products and making servers for Nvidia, said it will co-design artificial intelligence data center racks with OpenAI under the agreement

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Fortune

Jefferies’ Chris Wood called Japan’s crash and the U.S. housing bubble. He’s now warning of an ‘AI capex arms race’

“It’s completely unclear to me who’s going to monetize and make money out of all this capex,” said Wood at the Fortune Innovation Forum.

Benzinga

China Recognizes The 'Superiority' Of American AI Innovation: Lawmaker Cites Threat As Nvidia Chip Smuggling Case Unfolds

An Nvidia Corp (NASDAQ:NVDA) GPU smuggling case has intensified calls in Washington for stronger safeguards to keep advanced U.S. chips out of China's hands.

Benzinga

'Pharma Bro' Martin Shkreli Begs 'Wannabe' Finance Influencers To Learn Basics As China, Malaysia Crack Down On 'Finfluencers'

Martin Shkreli, the former hedge fund manager known as the "Pharma Bro," scolded online finance personalities Thursday after they hunted for alleged red flags in Nvidia Corp.'s (NASDAQ:NVDA) third-quarter financial statements, saying many don't grasp basic accounting.

Benzinga

Cathie Wood Dumps AMD Shares, Loads Up On Nvidia With $17 Million Buy Amid Earnings Buzz: Ark Scoops Up These Crypto Stocks As Bitcoin, Ethereum Crash

On Thursday, Cathie Wood-led Ark Invest executed significant trades, including buying shares of Nvidia Corp (NASDAQ:NVDA) and selling shares of Advanced Micro Devices Inc. (NASDAQ:AMD) . Ark also purchased shares of Bitmine Immersion Technologies Inc, (NYSE:BMNR), Bullish (NYSE:BLSH) and Circle Internet Group Inc. (NYSE:CRCL).

Benzinga

Dan Ives Says This Is Not An 'AI Bubble,' Calls Nvidia's Quarter A 'Masterpiece': Ross Gerber Says He's Not 'Buying' The Jobs Report

Nvidia Corp (NASDAQ:NVDA) delivered a blowout quarter on Wednesday after market close, but the stock still stumbled as analysts Dan Ives and Ross Gerber offered sharply different perspectives on what the sell-off really means for the broader AI and market landscape.

Benzinga

Walmart, Intuit, The Gap, SanDisk And Moderna: Why These 5 Stocks Are On Investors' Radars Today

Despite Nvidia’s strong quarterly performance, the broader market struggled on Thursday. A robust U.S. jobs report, showing non-farm payrolls rising by 119,000 in September, dampened hopes for a December rate cut, as traders now see a 64% chance of the Fed holding rates steady.

AAP

Australian shares tumble to fourth week of losses

Heavy selling in materials and energy stocks has dragged the bourse lower for a fourth straight week, as hopes of a Santa rally give way to correction fears.

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