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Nvidia CEO declares AGI achieved, powered by 100,000+ Grace Blackwell GPUs in new AI model training.

Market News
07 Sep 2026
24/7 Wall Street
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Bullish
Nvidia CEO declares AGI achieved, powered by 100,000+ Grace Blackwell GPUs in new AI model training.

Nvidia CEO Jensen Huang announced that artificial general intelligence (AGI) has arrived, citing OpenAI's GPT-6 Astra model trained on over 100,000 Nvidia Grace Blackwell GPUs. This milestone highlights Nvidia's critical role in powering advanced AI breakthroughs. Nvidia's recent financial results show strong growth, with Q2 FY2027 revenue up 106% year-over-year and data center revenue growing 117%, driven by high demand for AI compute power. Huang also revealed plans for 400,000 GPUs coming online next, signaling continued expansion in AI infrastructure and Nvidia's leadership in the sector.

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Nvidia expands AI and robotics partnerships in Europe, betting on the region's engineering strengths.

Nvidia expands AI and robotics partnerships in Europe, betting on the region's engineering strengths.

Nvidia CEO Jensen Huang highlighted Europe's engineering expertise as a key advantage in AI and robotics during the GTC conference in Berlin. Nvidia announced expanded collaborations with European manufacturers and startups, including a partnership w...

Market News
Bullish
8 hours ago
NVIDIA hits lowest price in months but fundamentals suggest 20% upside potential.

NVIDIA hits lowest price in months but fundamentals suggest 20% upside potential.

NVIDIA's stock dropped sharply last week due to AI funding concerns, closing at $216.47, its cheapest in months. Despite this, strong fundamentals like 105.8% revenue growth and a forward P/E of 16 support a bullish outlook with a 24/7 Wall St. price...

Analyst Insights
Bullish
8 hours ago
Schneider Electric launches modular AI data center design cutting installation time by 80%

Schneider Electric launches modular AI data center design cutting installation time by 80%

Schneider Electric introduced its RapidScale Modular Data Center Reference Design 115, a prefabricated blueprint optimized for AI infrastructure using NVIDIA's Vera Rubin platform and advanced liquid cooling. This design addresses the growing demand ...

Market News
Bullish
8 hours ago
NVIDIA and Micron drive 36% of S&P 500 earnings growth amid rising AI demand and market concentration.

NVIDIA and Micron drive 36% of S&P 500 earnings growth amid rising AI demand and market concentration.

NVIDIA and Micron now account for 36% of the S&P 500's earnings growth this quarter, highlighting their dominant role in the market. NVIDIA's revenue and profit per share are expected to nearly double year-over-year, while Micron anticipates even mor...

Company Fundamentals
Bullish
9 hours ago
Elon Musk's SpaceX AI expansion boosts chip stocks like NVIDIA and Intel amid October sell-off.

Elon Musk's SpaceX AI expansion boosts chip stocks like NVIDIA and Intel amid October sell-off.

Elon Musk's comments during SpaceX's Q3 earnings call about rapidly expanding AI computing capacity sparked a premarket rally in chip stocks including NVIDIA, Intel, and SanDisk. Musk expects to increase SpaceX's AI compute power to 2.5-3 gigawatts b...

Market News
Bullish
10 hours ago
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