NVIDIA CEO Jensen Huang sells over $36M in stock
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Nvidia, AI
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Nvidia owns a 7% stake in CoreWeave, and made it possible for the young company to be the first to launch its latest GPUs. In February, CoreWeave became the first hyperscaler to make Nvidia's new Blackwell architecture broadly available -- and it just did the same recently with the latest iteration, Blackwell Ultra.
CEO Jensen Huang stated that AI-driven productivity gains could lead to widespread job losses if industries fail to innovate.
On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch.
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Key Takeaways Advanced Micro Devices (AMD) stock jumped Thursday after analysts suggested the company’s latest AI chips are comparable to Nvidia's (NVDA) offerings .The stock broke out from a flag pattern in Thursday’s trading session on the highest volume in a little over a week,
The comments come as Intel begins thousands of layoffs across multiple locations, a sweeping move aimed at making the company leaner and faster—more like its rivals Nvidia, Broadcom, and AMD, according to the new CEO.
NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
Nvidia-backed Perplexity AI said on Wednesday it has launched Comet, a new web browser with AI-powered search capabilities, as the startup looks to challenge the dominance of market leader Alphabet's Google Chrome.
Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.
TSMC stock has performed even better than Nvidia in recent months as it expects revenue from AI-related chips to double in 2025.
There’s a new multitrillion-dollar kid on the block. Nvidia on Wednesday became the world’s most valuable company, with its market capitalization briefly touching $4 trillion intraday. It was the culmination of a breathtaking rally that’s seen the stock appreciate by over 1,