Tag: Nvidia stock

Nvidia stocks jumped by 9% during after-hours trading on Wednesday following the release of the company's second-quarter earnings. The chipmaker reported revenue of $13.51 billion, a 101% rise from the previous year, beating Wall Street expectations of $11.04 billion in revenue. adjusted earnings per share...

Chipmaker Nvidia is one week away from sharing its second-quarter earnings, but the consensus is that the numbers will outperform estimates by Wall Street analysts. This caused the company’s shares to climb more than 8%. Nvidia is expected to benefit from increased demands for their...

U.S. stocks closed higher on Monday following a widespread push from tech stocks. Software giant Nvidia led the charge, surging 7%. The tech-heavy Nasdaq Composite Index gained 1% off the back of the tech surge, while the benchmark S&P 500 gained 0.6%. The Dow...

Nvidia Corporation reached a $1 trillion market cap on Tuesday, thereby becoming the first-ever chipmaker to reach this valuation. The company's stock rose 4% to $406 during early trading. The company's growth has been fuelled by the ongoing AI boom, with the company developing a...

Nvidia Corp announced on Monday that it will build Israel's most powerful artificial intelligence (AI) supercomputer in a bid to meet the surging demand for its AI applications. The supercomputer, called Israel-1, is expected to be one of the world's fastest supercomputers, delivering a performance...

Stocks were mixed on Thursday as Nvidia Corp shared spiked to get a tech stock rally underway. The software company's shares surged by 24.37% after it released a positive earnings outlook that exceeded Wall Street expectations. The S&P 500 edged 0.88% higher, while the tech-heavy...