China, NVIDIA and AI
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Nvidia's AI chip sales in China boost near-term outlook, but geopolitical risks cast doubts on long-term growth. Click to read more on NVDA's Hold rating.
At the Beijing Expo, Jensen Huang also announced plans for a new chip for Chinese clients that is designed for robotics and smart factories.
Amid rising infrastructure demands, AI startups like Crusoe Energy Systems are tapping large-scale credit lines, PitchBook reported. Crusoe last month raised a $750 million credit facility from Brookfield Asset Management (NYSE:BAM) to expand its data centers and acquire more graphics processing units from Nvidia Corp.
The advent of commercially available artificial intelligence (AI) systems has brought with it a growing need for prodigious computing power. Newcomer CoreWeave (CRWV -6.95%), whic
Nvidia CEO Jensen Huang contradicts Anthropic CEO's 'white-collar apocalypse' prediction, suggesting AI will augment jobs while encouraging workers to adapt.
NVIDIA can start selling its H20 AI GPU to China again after gaining approval to do so from the US government.
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Nvidia and Palantir are currently worth a collective $4.5 trillion, but Amazon can surpass that figure within five years, which implies 100% upside for shareholders. Amazon is a key player in three major industries,
AI-related stocks have delivered explosive gains for the past two and a half years. Nvidia (NASDAQ:NVDA) turned its GPUs into the picks and shovels of the new gold rush and became the planet’s most valuable company.