The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
The U.S. imposed caps on how many advanced AI chips can be exported to certain countries, overriding Nvidia's objections. Sha
U.S. stock futures are down as investors eye rising Treasury yields, Tesla and Nvidia shares are moving lower as tech stocks come under pressure, and Apple shares are declining as global iPhone sales fall.
The regulations, among the strongest yet from the Biden administration, limit AI chip exports to most countries except for a select group of close U.S. allies.
Nvidia pushes back on new artificial-intelligence regulations, Tesla stock trades lower, Moderna issues weak revenue guidance, and Intra-Cellular Therapies is being acquired by Johnson & Johnson for nearly $15 billion.
Asian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia. Benchmarks rose in early Tuesday trading in Japan, South Korea and Australia, while
U.S. stock indexes were split as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies
From generative AI reshaping creativity to robotics driven by Nvidia Cosmos, AI’s evolution is set to revolutionize sectors like health care, manufacturing and transportation.
Nvidia CEO Jensen Huang confirms changes in advanced packaging needs at TSMC, opting for CoWoS-L over CoWoS-S for upcoming Blackwell chip.
The U.S. government turned down Nippon Steel's plan to buy U.S. Steel Corp. (NYSE: X), which let down workers and investors standing to gain from the $55 per share proposal. Lacking competitive positioning in both home and international markets,
While the new export curbs add some additional potential risk for the company, Nvidia's valuation and overall opportunity remain attractive enough to make the stock a solid buy for investors.
Tech stocks underperformed as investors took profit on the victors of 2024 and looked for this year’s winner. But a long-term rotation out of AI isn’t likely.