Despite a down week in stocks and bonds, the S&P 500 remains within 2% of its all-time high, supported by active dip buyers. Commodities like gold, silver, and crude oil show strong performance as investors shift away from financial assets. Healthcare, Energy, and Materials sectors led gains, while momentum and growth stocks faced selling pressure amid risk-off sentiment. Nvidia's upcoming earnings report is a crucial event for the AI trade, with a potential miss possibly triggering significant market adjustments.
Dutch startup Euclyd has raised $230 million in a funding round co-led by Samsung and several investment funds to develop a new AI inference chip system that aims to compete with Nvidia's GPUs. Founded in 2024, Euclyd is designing a chip with a diffe...
At the All-In Summit, Nvidia CEO Jensen Huang received a live phone call from President Donald Trump, which he put on speaker for the audience. The call highlighted their shared stance against slowing AI development, contrasting with some industry le...
During the All-In Summit in Los Angeles, President Donald Trump called Nvidia CEO Jensen Huang on stage, dismissing concerns about artificial intelligence and data center construction as a "hoax." Trump praised data centers as vital economic drivers,...
Nvidia is encountering concerns about a potential slowdown in AI development due to rising fears around AI risks, highlighted by calls from industry leaders to pace AI progress. Despite this, strong structural demand for Nvidia's AI data center produ...
Marvell Technology's stock fell 7% amid concerns over a slowdown in AI infrastructure spending and an expected Federal Reserve rate increase. This decline led a broader sell-off in semiconductor stocks, with Broadcom down 4% and NVIDIA retreating 3%....
