Google owner Alphabet, Microsoft and Meta Platforms, which owns Instagram and Facebook, are forecast to spend a combined $160 billion in capital expenditures next year,

Nvidia, a leading player in artificial intelligence, experienced a steep 9.5% drop in its shares on Tuesday, marking the largest single-day loss in market value for a US company. As a result, the company lost $279 billion in market capitalisation. 

Nvidia on Tuesday defended its tactics in the hot market for chips to power artificial intelligence in the face of reports the US is probing whether it abused its clout

Nvidia, the leading chip company in the world, has recently been put under investigation by the US Department of Justice over "competition concerns", due to Nvidia's current dominance in the global market and significant role in driving the ongoing AI boom.

Tech companies focusing on AI-related products and services saw a substantial increase in market capitalisation at the end of June 2024. Particularly, success was seen from chipmakers, such as Nvidia, which briefly overtook Microsoft to become the most valuable company in the world.

Nvidia is set to face charges from the French antitrust regulator for alleged anti-competitive practices, as per sources close to the matter. This makes the French regulator the first enforcer to act against the leading computer chip company.

For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza

There is a new winner in the race to become the world’s most valuable company. On June 19, 2024, American tech giant Nvidia surpassed Microsoft to become the company with the highest market cap in the world — an eye-watering $3.34 trillion

Nvidia's stunning surge in market value over the past year has become emblematic of a Wall Street frenzy driven by optimism about emerging AI technology.

Considered one of the biggest technology trade shows in the world, this year's Computex is showcasing tech such as semiconductor chips and gadgets from companies such as Intel, Nvidia, AMD, Asus, MSI, and more. Here is a quick breakdown of some of the gadgets and technology unveiled so far at Computex Taiwan 2024.

Nvidia is releasing a next-generation AI chip platform called Rubin for 2026, as per the company's CEO Jensen Huang in a recent announcement. This will include new graphics (GPU), central processors (CPU), and networking chips.

Nvidia could soon surpass Apple to become the world's second-most valuable company, as the biggest beneficiary of the surge in adoption of AI applications

Nvidia, capitalising on the rapid adoption of AI applications, is poised to overtake Apple as the world's second-most valuable company. This potential shift threatens to displace Apple, which has dominated Wall Street's market value rankings for years.

Nvidia reported a net profit of $14.9 billion, while its revenue was $26 billion

The 11 sellers of the chips were little-known Chinese retailers. Reuters could not determine whether, in fulfilling the orders, they used stockpiles acquired before the US tightened chip-export restrictions in November.

In other words, the world is in disunion not just from wealth and income disparities, but through the widening digital and knowledge application gaps.

NVIDIA, the multinational tech company, has recently announced the GB200 Grace Blackwell Superchip and the Blackwell B200 GPU, technologies with the potential to significantly advance the field of large-language models (LLMs) for generative AI.

Nvidia briefly hit a market value of US$2 trillion on February 23, 2024, marking a record growth in stock for the multinational tech company. As per reports, this rise has occurred due to the current global market's high demand for AI chips, thus positioning Nvidia as a key player in the AI industry.

Bezos had committed $100 million through his firm Explore Investments LLC and Microsoft is investing $95 million, while Nvidia and an Amazon-affiliated fund are each providing $50 million

Nvidia reported profit of $12.3 billion on record revenue of $22.1 billion, and record high FY revenue of $60.9 billion