Nvidia CEO Jensen Huang told CNBC that he does not expect an oversupply of memory chips by 2029, countering recent market fears that have caused memory stocks to drop. Huang highlighted ongoing strong demand for memory, especially types like HBM and LPDDR, which Nvidia uses extensively in data centers and devices. The selloff was triggered by concerns of a potential memory glut and market downturn due to increased supply, particularly from Chinese companies like CXMT. Huang also noted that U.S. regulations have accelerated China's semiconductor development, but affirmed that Nvidia and American tech firms remain competitive globally.
Nvidia's stock on Pluang trades at USD 216.99 as of Oct 22, 2026 20:31 WIB, down 2.20% for the day, closer to its 52-week high of USD 239.27 than its low of USD 165.17. Despite the recent selloff fears around memory chip oversupply, Nvidia's market cap remains strong at $5.36 trillion. The typical hold time of 116 days suggests steady investor interest even amid short-term price dips.
Karman has enabled NexGen Cloud to increase AI compute capacity by 60% within the same power budget at its Montreal data center by using its AI-driven power orchestration platform. This technology allows 16 NVIDIA B300 servers to run within the power...
The S&P 500 index reached a record high of 7,819 on October 6, yet 36% of its stocks were 20% or more below their 52-week highs, indicating significant internal market weakness. Leadership has shifted from high-growth AI and high-beta stocks to more ...
Webull has introduced extended-hours trading for select single-stock and ETF options, allowing eligible U.S. customers to trade during pre-market (7:30 a.m. to 9:25 a.m. ET) and post-market (4:00 p.m. to 4:15 p.m. ET) sessions. This move enables trad...
Cerebras Systems' stock has fallen over 60% since its IPO, hitting a 52-week low, largely due to concerns over OpenAI possibly favoring NVIDIA GPUs. Despite this, Wall Street analysts remain bullish, with an average price target implying nearly 140% ...
Agility Robotics announced that its next-generation humanoid robot, Digit 5, will use NVIDIA IGX Thor modules as the exclusive onboard compute platform. This move enhances Digit 5's AI and safety features, building on their existing collaboration wit...
