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
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
There is a new winner in the race to become the world’s most valuable company. On June 19, 2024, American tech giant Nvidia surpassed Microsoft to become the company with the highest market cap in the world — an eye-watering $3.34 trillion