However, billionaire David Tepper sold Nvidia in the third quarter and bought a shocking AI stock: electric utility Vistra ( VST -0.13%). That was a bad pun, but Tepper is a good case study for investors because his hedge fund Appaloosa more than doubled the return of the S&P 500 ( ^GSPC -0.00%) in the last three years.
Nvidia’s stock misses out on big chip rally
Explore how NVIDIA became the leader in AI chips, the challenges it faces from competitors like AMD and Intel, and the impact of China's antitrust investigation.
One company leading the charge in AI research and implementation is Amazon ( AMZN -0.66%). The company is well-positioned to reap the benefits of its foray into AI, which will ultimately help secure its membership in the $3 trillion club by 2027. Let's take a look at how AI will fuel its ascent.
Explore the latest Nvidia earnings report, AI growth, and stock performance. Is AI still a solid investment trend, or is Nvidia's growth slowing?
For some, Nvidia’s rapid ascent to being the world’s largest company was a shock, but for anyone paying attention their eventual success should have been obvious.
Nvidia stock was rising early Friday as earnings from fellow chip company Broadcom underlined the strong demand for artificial-intelligence processors.Nvidia shares were up 1.3% at $139.06 in premarket trading.
With its stock up 2,500% in the past five years, it's perhaps not surprising that investors are looking for the next Nvidia (NASDAQ: NVDA). The company has been the biggest winner from the artificial intelligence (AI) boom and as a result has become one of the largest companies in the world.
Nvidia has added about 200 people in China this year to enhance its research capabilities and focus on new autonomous driving technologies, Bloomberg News reported on Wednesday.
Big AI news and GenAI stories of 2024 include Nvidia, Microsoft Copilot, Cisco, HPE Private Cloud AI, AI agent technology, PCs, cybersecurity threats and innovation.
Quantum Machines, Rigetti Computing, and Nvidia announced the successful application of AI to automate the calibration of a quantum computer.
Nvidia Corp. has added hundreds of staff in China this year to enhance its research capabilities and focus on new autonomous driving technologies.