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AMD, Nvidia
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% of its staff. The sweeping cut includes at least 129 California workers. AMD finished 2023 with about 26,
AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia
AMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon Valley tech giant to slash expenses. The Santa Clara-based company said it is “aligning our resources with our largest growth opportunities.
Nvidia, Jensen Huang
How Jensen Huang Built Nvidia Into the $3 Trillion King of AI
Nvidia’s CEO turned a struggling upstart into the world’s most valuable company. An exclusive look at how it happened.
Is Nvidia CEO Jensen Huang The Next Steve Jobs?
Jensen Huang, the CEO of Nvidia, has the same caliber of vision and energy to drive his company to be like Apple, a multitrillion-dollar company.
Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO Masayoshi Son regretted selling the stock early.
NVIDIA, securities fraud
Justices debate particularity of complaint in NVIDIA securities fraud suit
The justices closed the November session on Wednesday with NVIDIA Corp v. E. Ohman J:or Fonder AB, a case arising out of the use of NVIDIA chips by crypto miners. The legal problem presented for the j
Some Supreme Court justices scrutinized Nvidia's attempt to dodge a securities fraud lawsuit
Nvidia, the AI-chip giant, petitioned the nation's highest court after a lower court permitted a 2018 class action lawsuit to move ahead.
US Supreme Court examines Nvidia bid to avoid securities fraud suit
The U.S. Supreme Court scrutinized on Wednesday Nvidia's bid to torpedo a securities fraud lawsuit accusing the artificial intelligence chipmaker of misleading investors about how much of its sales depended on the volatile cryptocurrency market.
Nvidia Stock In Focus
1 Wall Street Analyst Thinks Nvidia Stock Is Going to $178. Is It a Buy?
Redburn Atlantic analyst Timm Schulze-Melander initiated coverage of the stock this week with a "buy" rating. The analyst set the price target at $178, implying upside of 21% over the current share price of $147 at the time of writing.
Nvidia stock has 25% upside as it approaches an iPhone moment with its Blackwell chip, analyst says
"Even with a decelerating growth rate on huge numbers, Nvidia's CY2025 PEG ratio stands at about 0.8x on our estimates. This ratio is 33% less than Broadcom's and the lowest in the Mag 7 by a wide margin," Reitzes said. Nvidia stock is up 197% year-to-date and trading about 2% below its record high of $149.77 per share.
Nvidia Stock In Focus As Analysts Boost Price Target For AI Chip Giant
At least five research firms raised their price targets on Nvidia stock on Thursday ahead of the AI chipmaker's fiscal Q3 earnings report.
SoftBank 1st to receive new Nvidia chips for supercomputer
SoftBank unit to build supercomputer with Nvidia Blackwell chips
At the Nvidia AI Summit in Japan, founder and CEO Jensen Huang announced that SoftBank Corp will be the first to receive Nvidia’s DGX B200 systems.
SoftBank planning supercomputer with Nvidia’s Blackwell chips, Bloomberg reports
SoftBank’s (SFTBY) telecom unit plans to build an AI supercomputer in Japan using Nvidia’s (NVDA) DGX B200 platform, as well as a
SoftBank first to receive new Nvidia chips for supercomputer
SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom.
7h
on MSN
Nvidia's sky-high valuation raises red flags for veteran trader
Former Wall Street trader on whether or not Nvidia can continue its momentum in 2025.
9h
on MSN
Nvidia tops list of favored S&P 500 stocks on expected sales growth through 2026
Investors are always hoping that companies will surprise analysts by showing higher profits than expected. These “earnings ...
21h
Nvidia Readies Jetson Thor Computers for Humanoid Robots in 2025
Nvidia is set to bring its new technology for powering humanoid robots to market in the first half of 2025, aiming to stake ...
13h
on MSN
An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake
Renaissance Technologies, founded by the late Jim Simons, cuts its Tesla and Nvidia stakes while raising its GameStop ...
2h
on MSN
Nvidia Stake Sends This AI Stock Higher Thursday
Shares of Applied Digital surged in extended trading Thursday after Nvidia reported a stake in the company. Nvidia held a ...
7h
Nvidia tells the US Supreme Court it should dismiss a lawsuit accusing the company of misleading investors over crypto
The US Supreme Court has just heard Nvidia's appeal against a lower court's decision to move forward with a class action ...
9h
Nvidia’s Growth Prospects Bolstered by AI and Data Center Demand
Nvidia (NVDA – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Matt Bryson from ...
1d
on MSN
Supreme Court seems likely to allow class action to proceed against tech company Nvidia
The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its ...
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