Nvidia’s market cap this week surpassed Microsoft’s to become the world’s most-valuable company. But it may be an outlier among AI firms.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Two days after Apple unveiled its wave of artificial intelligence systems, the tech giant witnessed a massive share price rally.
Far-right gains in the European Parliament elections put investors globally in a tentative mood, though the dollar got a big boost.
According to reports, the DOJ will take the lead on chipmaker Nvidia, while the FTC will run point on OpenAI.
Despite the stock’s recent run, the chipmaker’s revenue and profit growth make talk of a bubble sound premature.
After a runup of nearly 8% in the past six weeks, the market and its Big Tech drivers appear to be taking a break.
Nvidia is back to its winning ways, lifting tech stocks and pushing the broader S&P 500 index to another all-time high.
The job openings report for April fell to its lowest level in about three years, giving investors pause about the impact on profits.
The market appeared yawn-inducing at the broad index level, but there was a flurry of activity under the hood.
Investors are getting activated after a long weekend, but they were still able to push the tech-heavy index to a new peak.
China’s DIY solution dovetails with what the West has been doing itself with huge government subsidies for manufacturing.
The top 10 stocks have reached a weight not seen since the 1970s, with their market cap accounting for about one-third of the entire index.
The patent highlights the shaky dynamic between the public and self-driving vehicles that stands in the way of broader adoption.
While this is a recognized problem in face-reading AI models, Nvidia’s tech relies on synthetic data to achieve balance, which comes with caveats.
However, these kinds of modifications come at the expense of high-level customization and accuracy.
Multiple chipmakers have suffered slowdowns across smartphones, personal computers, motor vehicles, and other consumer goods.