Nvidia News

Warren Buffet’s Berkshire Hathaway becomes first non-tech US firm to hit $1 trillion in market value as its stock has rallied 30% in 2024 on strong insurance results and economic growth optimism. Berkshire Hathaway’s rally this year has outpaced the S&P 500’s gains of 18%. The Omaha, Nebraska-based conglomerate joins the elite group dominated by tech giants like Alphabet, Meta, and Nvidia. But what led to the recent surge in the valuation? We tell you in this video!

The seven most-valuable US Tech companies lost a combined $1 trillion in market value on Monday. Meta, Microsoft, Alphabet and Tesla, and the seven most-valuable tech companies lost $995 billion during monday trade. Nvidia shed more than $300 billion in market cap at the opening bell, later recovering to close with a loss of $168 billion. Watch the video to know more!

While the world relies on NVIDIA chips for AI model training, Apple is breaking the mold by choosing Google’s Tensor Processing Units (TPUs) instead. This bold move sees Apple renting server space from cloud providers rather than building its own data centers, potentially revolutionising cost and efficiency in AI processing. Could this decision challenge NVIDIA’s dominance in the AI chip market? Watch this video to know more about Apple’s innovative strategy and its implications for the future of AI!

Chipmaker NVIDIA has officially recorded the largest EVER single day jump in market cap on Wall Street. Its quarterly earnings zoomed past expectations, and now, it’s market cap stands at a whopping $1.94 trillion. This makes NVIDIA the THIRD most valuable US company, behind only Apple and Microsoft. Behind all of this, is one computer chip which has transformed the entire industry in the age of AI. This chip added over $1 trillion to NVIDIA’s value and turned it into an AI kingmaker. WATCH #nvidia #artificialintelligence #ai Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

CEOs of some of America’s biggest companies are in China this week. Elon Musk wrapped his 2-day whirlwind trip to China on Thursday to take the pulse of one of their top markets after the country reopened following nearly three years of pandemic restrictions. Elon Musk, Nvidia Corp. CEO Jensen Huang Laxman, Narasimhan of Starbucks and Jamie Dimon of JPMorgan are among the big names who are visiting China.

Nvidia, based in Santa Clara, California, said it will spend 40 million pounds ($52 million) on the supercomputer, dubbed Cambridge-1The announcement comes after the company said last month it agreed to buy UK-based chip designer Arm Holdings for up to $40 billion

For Jensen Huang, the landmark bid for Arm cements his ambition to supplant Intel

Most people don’t go a day without handling an Nvidia or Arm-based product, even if they don’t know it

Nvidia CEO Jensen Huang announced the new series of graphics processing units at a virtual event The GeForce RTX 30 series fuses programmable shading, ray tracing and AI for developers to create entirely new worlds, Huang said

While ARM doesn’t manufacture its own chips, the company owns the intellectual property (IP) for pretty much any mobile chipset you see today