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Morgan Stanley has raised its price targets for Nvidia, AMD, and Broadcom, citing accelerating AI demand and strong ...
Nvidia's AI chip demand still booming but slowing sales growth worries investors Nvidia NVDA.O forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence ...
Nvidia leads in AI chips with strong growth and a powerful software moat, but faces high valuation risks amid rising ...
SK Hynix flagged plans to lift spending this year on advanced chipmaking after posting a record quarterly profit on Thursday, ...
Sales of gaming chips also fell 11% year over year. CEO Jensen Huang said demand for Nvidia's Blackwell chip, its latest chip for powering AI servers, "is amazing" and predicted more to come.
This AI-related demand is not only a source of growth for Nvidia, but it should also help the company sustain its bargaining power over customers and suppliers for longer than we previously estimated.
South Korea’s SK Hynix, a leading memory chipmaker operating under South Korea’s SK Group, reported record revenue and profit ...
Nvidia benefits from this increased demand for traditional AI and GenAI chatbots because it's the leading provider of graphics processing units (GPUs). These are specialized processors that can ...
Strong growth would indicate robust demand for AI infrastructure, and could boost investor sentiment for Nvidia, its partners, and others in the AI space.
Nvidia has been one of the primary beneficiaries of the artificial intelligence (AI) megatrend. Its chips have been in high demand, which is powering tremendous revenue and earnings growth for the ...
Nvidia shares rose 33 points in after-hours trading, or nearly 7%, to $504 a share. The company's stock is up 222% so far this year.
Nvidia's fourth-quarter forecast indicated the company's revenue growth will slow to roughly 69.5% from 94% in the third-quarter.