There haven't been a ton of initial public offerings (IPOs) in recent years, let alone interesting, prominent companies with the potential to take on the top tech stocks in the market. However, one company right in the middle of the artificial intelligence (AI) revolution may be about to make its public debut.
During a recent interview on CNBC, IonQ's CEO proclaimed that the company is the "800-pound gorilla" in the quantum computing landscape and compared its future to that of Nvidia prior to the AI revolution.
Nvidia ( NVDA 1.92%) has been the unquestionable leader of the artificial intelligence (AI) boom of the past two-plus years with the stock up more than 600% since the start of 2023 and its market cap now hovering around $3 trillion.
Microsoft (NASDAQ:MSFT) has reportedly withdrawn from some of its agreements with CoreWeave over delivery issues and missed deadlines.
Shares of chipmaker Nvidia (NVDA) are down at the time of writing as investors remain worried about AI demand. The decline puts Nvidia shares
Nvidia shares rebounded 3.9% Friday, pushing the tech giant back into the $3 trillion market cap club with Apple. Shares of the chipmaker dropped 8.5% Thursday following the compa
Nvidia (NASDAQ: NVDA) investors have grown used to positive surprises. The top artificial intelligence (AI) chip designer has surpassed analysts' earnings estimates and delivered double- or triple-digit growth quarter after quarter in recent times.
Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry.
AI computing capacity promises to drive economic growth in South Africa but will also drive up demand for electricity.
Uncertainty about the impact of new U.S. tariffs weighed on stocks, along with worries about tightening chip export curbs, and competition from China as Alibaba unveiled its latest AI reasoning model, which it said rivals offerings from DeepSeek and ChatGPT maker OpenAI. Alibaba shares climbed about 1%.
Advanced Micro Devices, Inc. stock tumbles 54% from its high as Nvidia's recent earnings signal trouble. Explore more details here.
Nvidia is leading the AI boom with its GPUs and revolutionary new H100 chips. Read about the company's history, leadership, and financials.