Microsoft to Ship 60,000 Nvidia AI Chips to UAE
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(Reuters) -Nvidia's advanced Blackwell chip for artificial intelligence would not be available to "other people," U.S. President Donald Trump said Sunday. Nvidia, the world's most valuable company, dominates the market for AI chips.
The artificial intelligence (AI) and data mining specialist just provided the clearest evidence yet that the AI revolution continues unabated.
Jensen Huang leads Nvidia's historic move to produce advanced AI chips in Arizona, bringing critical semiconductor manufacturing back to America.
Nvidia Corp. plans to invest as much as $1 billion in the artificial intelligence company Poolside, according to people familiar with the matter — part of a deal that would quadruple the valuation of the AI startup.
The topic of the "best" artificial intelligence (AI) stock to buy right now is a spirited debate. One may advocate for companies building AI software, while another may be a proponent of rising stars like AMD (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO) after their OpenAI partnership announcement.
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.
Daniel Loeb’s Third Point LLC made a bet on SK Hynix in the third quarter as it saw a way to play the artificial-intelligence trade in a cheaper way than U.S. options afforded.
As AI spending grows, so will the need for semiconductor capacity from TSMC. This should enable it to keep increasing revenue rapidly -- 41% year over year last quarter -- and perhaps eclipse $200 billion in sales in 2027. With a 50% operating margin, that would equate to $100 billion in bottom-line operating earnings.