Nvidia insiders have sold more than $1 billion worth of company stock over the past year, with over half of those sales occurring in June as the chipmaker's shares reached record highs, according to a recent Financial Times report. The selling activity comes as Nvidia's market valuation recently surpassed Microsoft to become the world's most valuable company.
Nvidia has unveiled its latest entry-level gaming GPU, the GeForce RTX 5050, bringing its new Blackwell architecture to a wider audience. The GPU will be available in desktop and laptop variants, priced from $249 and $999 respectively.
Nvidia has just announced a new technology aimed at improving how chips communicate with each other in large-scale artificial intelligence (AI) systems.
Nvidia and Disney have teamed up to develop a new generation of expressive, AI-driven robots inspired by Star Wars, showcased at Nvidia’s annual GTC developer conference on March 18. A droid, named Besh (Blue), waddled onstage alongside Nvidia CEO Jensen Huang, demonstrating its ability to navigate physical spaces and interact with humans using animations and sensors.
At its annual GPU Technology Conference (GTC), Nvidia CEO Jensen Huang introduced a range of new products and initiatives aimed at advancing the company’s position in artificial intelligence and robotics. Here is a quick look at everything Nvidia announced, including updates to hardware, software, and partnerships.
OpenAI has signed a five-year, $11.9 billion agreement with CoreWeave, a cloud services provider specialising in AI-focused GPU infrastructure which is backed by Nvidia, according to a recent report by Reuters.
DeepSeek's reliance on NVIDIA chips while highlighting a current dependency also underscores China's determination to overcome it.
DeepSeek's success suggests China might not need Nvidia as much as everyone thought
To maintain its leadership, Nvidia will need to adapt
Nvidia’s highly anticipated Blackwell AI chips are reportedly facing overheating issues, raising concerns about potential delays for customers relying on the technology. According to a report by global news platform The Information, the overheating occurs when the chips are installed in server racks designed to hold up to 72 units.
Facebook and Nvidia are asking the US Supreme Court to dismiss securities fraud lawsuits filed by investors, in cases that could make it harder to hold companies accountable in court. Both tech giants are challenging rulings by a lower court that allowed these lawsuits to move forward, saying the cases don’t meet legal standards.
Nvidia’s stock surged to new heights on Monday, closing at its highest value ever and edging the AI chip giant closer to dethroning Apple as the world’s most valuable company.
Google owner Alphabet, Microsoft and Meta Platforms, which owns Instagram and Facebook, are forecast to spend a combined $160 billion in capital expenditures next year,
Nvidia, a leading player in artificial intelligence, experienced a steep 9.5% drop in its shares on Tuesday, marking the largest single-day loss in market value for a US company. As a result, the company lost $279 billion in market capitalisation.
Nvidia on Tuesday defended its tactics in the hot market for chips to power artificial intelligence in the face of reports the US is probing whether it abused its clout
Nvidia, the leading chip company in the world, has recently been put under investigation by the US Department of Justice over "competition concerns", due to Nvidia's current dominance in the global market and significant role in driving the ongoing AI boom.
Tech companies focusing on AI-related products and services saw a substantial increase in market capitalisation at the end of June 2024. Particularly, success was seen from chipmakers, such as Nvidia, which briefly overtook Microsoft to become the most valuable company in the world.
Nvidia is set to face charges from the French antitrust regulator for alleged anti-competitive practices, as per sources close to the matter. This makes the French regulator the first enforcer to act against the leading computer chip company.
For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza
