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Nvidia Stock Down On Weak Q4 Margin View, Despite Upbeat Q3

Nvidia Stock Down On Weak Q4 Margin View, Despite Upbeat Q3

Shares of Nvidia Corp. dropped around 3 percent in the extended trading on Wednesday after the AI chipmaker warned on weak gross margin in its fourth quarter, while revenues are projected to be significantly higher than last year on booming AI demand. In its third quarter, the world's most valuable company by market capitalization reported a surge in profit, above the Street view.
RTTNews | Pred 34 dňami
Nvidia's New Blackwell AI Chip Servers Reportedly Overheat

Nvidia's New Blackwell AI Chip Servers Reportedly Overheat

Nvidia Corp.'s new Blackwell AI chips are facing overheating issues that could delay new data centres, The Information reported citing customers, suppliers and employees working on the issue. In pre-market activity on the Nasdaq, the shares were losing around 2.5 percent. The news comes as the world's most valuable company by market capitalization is set to release its third-quarter earnings...
RTTNews | Pred 36 dňami
Nvidia Stock Down On Reports Of DOJ Subpoenas

Nvidia Stock Down On Reports Of DOJ Subpoenas

Nvidia Corp. shares were losing nearly 3% in the pre-market trading on the Nasdaq, continuing the 10 percent drop on Tuesday's regular trading as well as around 2.4% in the extended trading, following reports of the artificial intelligence or AI chipmaker receiving subpoenas from the U.S. Department of Justice as part of an antitrust probe.
RTTNews | Pred 112 dňami
NVIDIA Stock Down Despite Strong Q2 Results, $50 Bln Buyback

NVIDIA Stock Down Despite Strong Q2 Results, $50 Bln Buyback

Shares of Nvidia Corp. were losing nearly 5 percent in the pre-market activity on the Nasdaq after the artificial intelligence or AI chipmaker issued sequentially lower third-quarter margin view, and maintained its fiscal 2025 margin forecast. This was despite reporting significantly higher profit in its second quarter with more-than doubled revenues, and also announcing a hefty $50 billion share
RTTNews | Pred 117 dňami
Nvidia Overtakes Microsoft As World's Most Valuable Company

Nvidia Overtakes Microsoft As World's Most Valuable Company

Chipmaker Nvidia Corp. has become the world's most valuable company, overtaking tech major Microsoft Corp., on the strength of surging demand for artificial intelligence or AI chips worldwide. The company now has a market cap of $3.335 trillion, compared to Microsoft's $3.317 trillion.
RTTNews | Pred 188 dňami
Nvidia Hits $3 Trln Market Cap, Overtakes Apple

Nvidia Hits $3 Trln Market Cap, Overtakes Apple

Nvidia Corp. has breached the $3 trillion mark in valuation, becoming the second most valuable company in the U.S. Market overtaking tech giant Apple Inc on Wednesday. The artificial intelligence or AI chipmaker is gaining on the surging demand for AI chips worldwide.
RTTNews | Pred 201 dňami
Nvidia Stock Up On Launch Of New AI Chips Amid Surging Demand

Nvidia Stock Up On Launch Of New AI Chips Amid Surging Demand

Nvidia Corp. shares were gaining more than 4 percent in the early morning trading on the Nasdaq after the chipmaker launched its next generation of artificial intelligence or AI chips amid the surging competition and significant growth in demand worldwide. The AI hardware company's Chief Executive Officer Jensen Huang announced the new AI chip architecture, dubbed 'Rubin', for 2026...
RTTNews | Pred 204 dňami
Nvidia Unveils Next-gen Blackwell AI Superchip

Nvidia Unveils Next-gen Blackwell AI Superchip

Chipmaker Nvidia Corp. has unveiled its next-generation artificial intelligence or AI superchip Blackwell graphics processing unit or GPU, amid the significant growth in demand for AI chips worldwide. The new chip is said to do some tasks 30 times faster than its predecessor.
RTTNews | Pred 280 dňami
NVIDIA Teams With Foxconn To Boost AI Industrial Revolution

NVIDIA Teams With Foxconn To Boost AI Industrial Revolution

Tech major NVIDIA Corp. is collaborating with Taiwanese electronics contract manufacturer Foxconn, also known as Hon Hai Technology Group, aiming to accelerate the industrial revolution in artificial intelligence or AI. Under the deal, Foxconn, which is also Apple's key iPhone assembler and supplier with major operations in China, will integrate NVIDIA technology to develop a new class of data ce
RTTNews | Pred 433 dňami