Nvidia Corporation's stock and the broader market received a boost on Monday after CEO Jensen Huang made bullish comments about soaring demand for the company's AI chips.Speaking at the Goldman Sachs Communacopia & Technology Conference, Huang said: "The demand on [chips] is so great, and everyone wants to be first and everyone wants to be most. We probably have more emotional customers today. Deservedly so. It's tense. We're trying to do the best we can.". Huang's remarks highlighting intense
Nvidia Stock Top Pick at Morgan Stanley Again After Tech Sell-off
Morgan Stanley analysts reassigned a Top Pick rating for Nvidia stock on Wednesday after the chipmaker’s shares fell sharply amid a broader market sell-off the previous day.NVDA tumbled 7% on Tuesday to $103.73, representing its lowest closing price since May. Other chip stocks followed, with the iShares Semiconductor ETF losing 3.6% on the day.Morgan Stanley issued no changes to their Nvidia estimates or price target, but noted that the sell-off “presents a good entry point as we continue to hear strong data points short term and long term, with overblown competitive concerns.”Key concerns contributing to the sell-off include customer capital spending budgets, competitive dynamics, export controls, and supply chain issues.While the bank’s analysts acknowledge these challenges, they believe they will diminish over time. For instance, customer spending on AI infrastructure has been non-linear due to space and power constraints, yet the demand for Nvidia’s GPUs remains strong. The resi
Dear NVDA Stock Fans, Mark Your Calendars for March 18
$Nvidia$ is getting ready for one of the year’s biggest tech events.The GTC Conference will bring some key product updates for investors.This means that NVDA stock will be in focus until March 18, when the event kicks off.Are you ready for one of the top tech events of the year?
USA is just a racist country that cannot stand the Chinese being better than them. poor little beings.
US Commerce Secretary to Crack down on Nvidia AI Chips Redesigned to Get Around Trade Curbs
Secretary of Commerce Gina Raimondo put companies like Nvidia that manufacture artificial intelligence (AI) chips on notice that the agency will move to quickly crack down on redesigned chips intended
America is one of the most disgusting country in this human world. Hope it can get destroyed by itself asap. 🙏🙏🙏
Nvidia Shares Plunged 7% as Biden to Cut China off from More Nvidia Chips, Expand Curbs to More Countries
By Alexandra Alper, Karen Freifeld and Stephen Nellis WASHINGTON, Oct 17 (Reuters) - The Biden administration said on Tuesday it plans to halt shipments to China of more advanced artificial intel