NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research. Read More
A report released on Thursday stated that Baidu, as well as Alibaba, have begun using their own chips for AI models, a step aimed at reducing their reliance on Nvidia.
The company claimed that HBM4 has the industry’s best data processing speed and power efficiency, with the bandwidth doubled through the adoption of 2,048 I/O terminals.
Nvidia is the world's largest company, but it can be overtaken by another tech giant that's seeing terrific growth in demand for its cloud-based AI and productivity offerings.
Alibaba Group stock jumped 6.35% on the Hong Kong Exchange Thursday morning, extending its remarkable 83.95% year-to-date gains as investors reacted positively to the Chinese e-commerce giant's aggressive artificial intelligence expansion strategy and $3.2 billion fundraising.
The new leader among S&P 500 stocks is Seagate Technology, which has risen by more than 120% so far this year. What's driving its gains, and can it continue?
Luxury furniture retailer RH (NYSE:RH) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 8.4% year on year to $899.2 million. On the other hand, next quarter’s revenue guidance of $884.8 million was less impressive, coming in 2% below analysts’ estimates. Its non-GAAP profit of $2.93 per share was 8.9% below analysts’ consensus estimates.
