Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span. But the landscape is now changing for the chipmaker.
Nvidia’s scorching 800% rally in the past two years has hit a stumbling block. Facing pressure from slowing revenue growth, tougher competition and stricter regulation — Nvidia shares have dropped for the past five days, shedding 12% since a record on Jan. 6. And since October, the stock has largely been stuck in the trading range.
Nvidia Corp. Chief Executive Officer Jensen Huang is expected to miss the inauguration of President-elect Donald Trump on Jan. 20, bucking a trend among high-profile US technology leaders.
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.
Nvidia Corp. Chief Executive Officer Jensen Huang announced a raft of new chips, software and services, aiming to stay at the forefront of artificial intelligence computing.
Nvidia Corp. criticized new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules.
The White House unveiled sweeping new limits on the sale of advanced AI chips by Nvidia Corp. and its peers, leaving the Trump administration to decide how and whether to implement curbs that have ...
Nvidia stock (NVDA) fell nearly 2% Monday after the Biden administration released an updated export rule aimed at controlling the flow of artificial intelligence chips to "adversaries" such as China.
Nvidia Corp. investors have high hopes that Monday’s speech from CEO Jensen Huang will spark a fresh breakout in the chipmaker’s shares, which have plateaued since November after roaring higher for much of 2024.
(Bloomberg) -- The Dutch government said it is holding talks with Nvidia Corp and Advanced Micro Devices Inc. regarding support for the construction of an artificial intelligence facility in the Netherlands. The facility will focus on the development and ...