Nvidia

2024 - 7 - 31

AI, Stocks, and Billions: A Financial Combo You Can't Miss!

AI - AMD - Investing - Jensen Huang - Microsoft - Nvidia - SIGGRAPH - Tech Stocks - nvidia stock

Get ready for a financial frenz-eh! Nvidia's stock is soaring while billionaires are betting big on AI. Let's dive into the dollars and cents!

In the fast-paced world of tech investing, Nvidia has once again taken center stage with its soaring stock prices. The latest buzz came from Microsoft, which recently revealed plans to significantly increase its capital spending in the upcoming fiscal year. By indicating that its investments in artificial intelligence (AI) are starting to yield returns, Microsoft has sparked a wave of optimism for Nvidia shares. After all, with AI being an ever-expanding sector, Nvidia’s GPUs are at the heart of this transformation, making them essential for companies investing heavily in AI capabilities.

Not to be outdone, billionaire Ken Griffin has also been making headlines, but this time not primarily for Nvidia. The hedge fund titan has been investing big in alternative tech stocks that could rival Nvidia’s impressive AI gains. This only goes to show that while Nvidia shines in the spotlight, the investment universe is vast with many contenders aiming for their slice of the AI pie. Could these alternative stocks be the new gold rush? Investors are certainly paying attention as they try to decode what Griffin sees as the next big opportunity.

On a more technical note, Nvidia is speeding up the AI revolution with the latest updates to their RTX line, announced at the SIGGRAPH conference. With exciting new features like ChatRTX refresh and Llama 3 support, Nvidia is not just enhancing gaming graphics but also revolutionizing AI content creation and productivity tools. This means more efficient workflows for creatives and developers, pushing the boundaries of what AI can achieve in both fun and functional applications.

As the world gears up for considerable changes in the tech landscape, the interplay of these financial moves and innovations paints a fascinating picture. Tape this to your financial bulletin board: worldwide AI investment is projected to exceed a staggering $500 billion by 2024. And here's a fun nugget: Nvidia’s stock has surged more than 140% in 2023 alone, showcasing just how astronomically hot this topic is! Not to forget, while tech stocks are on fire, don’t forget to roast some marshmallows over the campfire—balance in life is key!

Post cover — Image courtesy of "MarketWatch"

Nvidia's stock set to climb as Microsoft says the magic words (MarketWatch)

Microsoft discussed plans to grow capital spending in the new fiscal year and indicated that its AI spending delivers returns. That's welcome news for chip ...

Forget Nvidia: Billionaire Ken Griffin Raised His Position in This ... (Yahoo Finance)

Nvidia (NASDAQ: NVDA) shares have soared, resulting in a major boost for investors that got in on the shares early. And many billionaire investors have ...

Taking AI to Warp Speed: Decoding How NVIDIA's Latest RTX ... (NVIDIA Blog)

Updates announced at SIGGRAPH include a ChatRTX refresh and Llama 3 support to enhance AI content creation, productivity and development.

Nvidia stock soars 10% after strong AMD results, bullish call from ... (Yahoo Finance)

Nvidia shares were soaring as tech stocks led markets higher following strong results from AMD and a positive note from analysts at Morgan Stanley.

Why is Nvidia stock up? AI chip shares jump as competitor AMD ... (Fast Company)

AMD's second quarter results show demand for AI is still going strong—and that's lifted chipmaker stocks from Nvidia to TSMC.

Nvidia Stock Just Dropped More Than 18% In 15 Days. Should ... (Motley Fool)

Will the dip continue? It's been quite the ride for Nvidia (NVDA 11.84%) investors over the past few years. If you were lucky enough to buy in 2022 before ...

Relief rally in Nvidia cannot hide likelihood stock has entered bear ... (Fortune)

Prior to its Wednesday rebound, Jensen Huang's chip company lost $800 billion in market cap—nearly as much as the entire value of Elon Musk's Tesla.

Nvidia Stock Jumps as Morgan Stanley Calls It a Top Pick After Retreat (Investopedia)

Nvidia shares rose Wednesday after Morgan Stanley analysts said a recent sell-off of the AI chip maker offered investors an opportune entry point.

Here are Wednesday's biggest analyst calls: Nvidia, Microsoft ... (CNBC)

Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data ...

Top analyst puts Nvidia stock on key list after $500 million slump (TheStreet)

Nvidia is looking to close out its worst month in nearly two years on a high note following solid Q2 earnings from rival AMD.

Nvidia shares bounce back as Microsoft increases AI spending (Financial Times)

Chipmaking stocks become increasingly sensitive to investment plans of handful of Big Tech groups.

A Nvidia worker shares the biggest lessons he learned at the company (Business Insider)

Nvidia AI product lead Subhan Ali says it's all about the game, not the score.

Nvidia shares soar 11% after Microsoft quells fears that AI buildout is ... (CNBC)

Nvidia shares rose over 11% during trading on Wednesday after remarks from top customer Microsoft and from rival AMD signaled there wouldn't be a slowdown ...

Why Nvidia, Arm Holdings, and Other Artificial Intelligence (AI ... (Motley Fool)

News regarding the state of AI adoption gave investors confidence there's still upside ahead. One of the biggest driving forces behind the market rally that ...

NVIDIA Researchers Harness Real-Time Gen AI to Build Immersive ... (NVIDIA Blog)

The demo showcased assistive 3D world-building capabilities of NVIDIA Edify-powered generative AI models and the NVIDIA Omniverse platform.

NVIDIA and Zoox Pave the Way for Autonomous Ride-Hailing (NVIDIA Blog)

NVIDIA CEO Jensen Huang recently joined Zoox CEO Aicha Evans and Zoox cofounder and CTO Jesse Levinson to discuss the latest in AV innovation.

Microsoft's Pain Is Nvidia's Gain. Why Chip Makers Are the Big AI ... (Barron's)

What's Next: Microsoft is expecting first-quarter Azure revenue growth of between 28% and 29%, excluding currency effects. It also said Azure revenue growth ...

Microsoft sinks, Nvidia soars as AI rally faces divide (Reuters)

Microsoft shares fell 2% on Wednesday after the technology giant reported a massive increase in artificial intelligence expenditures, while Nvidia surged ...

Nvidia shares soar 11% after Microsoft quells fears that AI buildout is ... (NBC 7 San Diego)

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March ...

Jensen Huang's fortune rises by most ever as Nvidia comes roaring ... (The Business Times)

JENSEN Huang added nearly US$12 billion to his fortune on Wednesday (Jul 31), a record tally to match Nvidia's record day.

Nvidia (NVDA) CEO Jensen Huang's Fortune Rises by Most Ever (Bloomberg)

Jensen Huang added nearly $12 billion to his fortune Wednesday, a record tally to match Nvidia Corp.'s record day.

Nvidia (NVDA) Adds Record $329 Billion in Value as Volatility Soars (Bloomberg)

Nvidia Corp.'s wild ride this week is headed for the record books.

Nvidia founder Jensen Huang just made $72 billion in a day after record surge (The Sydney Morning Herald)

Nvidia's wild Wall Street ride this week is headed for the record books. The artificial intelligence company has just added a record $US329 billion ($503 billion) in value — obliterating the single-day record that it has repeatedly set in the past few ...