Nvidia is reportedly considering an investment in Mercor, a data labeling company crucial for Nvidia's AI model development, in a funding round valuing Mercor at $20 billion. Mercor's revenue from Nvidia has increased significantly as Nvidia advances its Nemotron open-source AI models. Previously, Mercor was valued at $10 billion in a 2025 funding round. Despite recent legal challenges from a data breach, Mercor continues to expand its role in AI training data. Nvidia also recently partnered with financial institutions to mobilize over $500 billion for AI infrastructure, highlighting its commitment to AI growth and investments.
The Vanguard Growth ETF (VUG) charges a very low fee of 0.03%, costing about $3 annually on a $10,000 investment. However, the real risk lies in its heavy concentration, with over 65% of the fund invested in just ten large-cap stocks like NVIDIA, App...
During the recent market sell-off, Cathie Wood's Ark Invest purchased $27 million worth of Nvidia shares and $16 million of Broadcom shares. These significant buys by a well-known investor suggest confidence in these tech stocks despite broader marke...
NVIDIA reported strong Q1 FY2027 results, beating earnings and revenue estimates with $81.61 billion revenue, driven by 85% growth and a surge in data center sales. The company raised its supply commitments to $145 billion and expects continued AI-dr...
Chip stocks like Intel, AMD, and Broadcom fell 4-5% despite a drop in long-term Treasury yields, which usually supports growth stocks. This selloff is seen as portfolio-level trimming of AI hardware exposure ahead of NVIDIA's earnings report on Augus...
Nvidia CEO Jensen Huang's net worth increased by $27.5 billion this year, reaching $182 billion, making him the world's eighth-richest person. This surge is driven by Nvidia's 18% stock rise and its dominant position in the AI chip market, holding 90...
