SpaceX has committed to using Nvidia GPUs exclusively, a move welcomed by investors with Nvidia's stock rising 1.8% pre-market on August 5. While this partnership is seen as a positive catalyst for Nvidia, the full financial impact is expected to be gradual, as SpaceX needs to build more infrastructure and consume more GPUs over several quarters. Despite Nvidia shares being expensive and facing risks like volatility and regulatory uncertainty, the deal is projected to increase Nvidia's stock price to $238 by the end of 2026, representing a 26% annual gain from current levels. This exclusive deal strengthens Nvidia's market position amid a relatively modest year-to-date stock performance.
Global AI infrastructure spending is projected to reach $497 billion in 2026, growing 53% from 2025, and expected to exceed $1 trillion by 2029. Bit Origin Ltd is preparing to deploy sixteen NVIDIA Blackwell B300 AI servers in Malaysia in Q3 2026, su...
Beamr Imaging Ltd. announced it is combining NVIDIA Video Super Resolution AI upscaling with its Emmy-winning content-adaptive bitrate encoding to convert HD live sports and broadcast feeds into 4K quality. This technology allows broadcasters to prov...
Nvidia is preparing to release its Q2 earnings on August 26, with strong market interest fueled by positive results from peer AMD indicating robust data-center demand. Hyperscale clients are increasing investments in Nvidia's AI and networking techno...
AMD shares fell 8.8% in after-hours trading despite beating revenue and EPS expectations with $11.54 billion in sales and $1.66 EPS. The company also forecasted $13 billion in the next quarter, above estimates, and expects data center sales to double...
ProShares UltraPro QQQ (TQQQ), a 3x leveraged ETF tracking the Nasdaq-100, surged 10.09% in one day and gained 21.54% over the past week, outperforming the Nasdaq-100's 7.16% gain. While leverage amplifies returns in strong trending markets, it also ...
