Nvidia was rising early Monday, with the chip company buoyed by a wider rally in technology stocks and positive assessments from Wall Street. Nvidia shares were up 1.3% at $136.38 in morning trading.
Nvidia's Blackwell GPU holds the potential to dwarf Hopper's revenue in the coming quarters. I discuss what lies ahead for NVDA and where I would buy NVDA stock in 2025.
Nvidia is one of the most popular AI stocks right now because of its lead in the semiconductor space. The company's graphics processing units (GPUs) have been used in data centers for years, and once tech giants began competing for generative AI dominance, the chips were even more in demand.
It’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, with analysts overwhelmingly bullish about the year to come.
Nvidia revealed its new Jetson Orin Nano Super Developer Kit, which can perform almost two times higher than its predecessor, the Jetson Orin Nano Kit from 2022, and h
Taiwan Semiconductor Manufacturing Co. shares touched a record high, as the world’s largest contract chipmaker is poised to cap its best annual stock performance in 25 years.
Nvidia is estimated to be paying $700 million for the Israeli AI company. The acquisition was originally announced in April.
Eren Canarslan, CEO of Olympian Motors, stated: "Our pilot development program with NVIDIA sets a new benchmark for the automotive industry. We are creating an open EV platform that enables all developers and technology suppliers to join the frontier of EV revolution.”
The palm-sized Orin Nano is ideal for hobbyists and small companies looking to run AI applications locally, such as for use in industrial robots.
The Jetson Orin Nano Super Developer Kit is a powerful new platform that delivers generative AI 70% faster than its predecessor.
"I'm not chip supply constrained," Microsoft CEO Satya Nadella said in a recent interview. Nvidia stock has dropped 7% since the comments.
Apple and NVIDIA shared details of a collaboration to improve the performance of LLMs with a new text generation technique for AI.