NVIDIA shares fell about 4% to trade near the $200 mark due to a broad selloff in the chip and AI sectors, led by Korean market declines, rather than company-specific issues. Despite the dip, NVIDIA remains up 7.6% year-to-date, though it lags some peers. The company posted strong Q1 FY2027 revenue growth and expects further acceleration, supported by large buybacks and dividend increases. Investors are watching the $200 level closely as a key psychological support, with upcoming events like the June 24 shareholder meeting and Q2 earnings likely to influence the stock's direction amid mixed market sentiment.
Nvidia's perpetual futures began falling Sunday afternoon as news of a potential scandal involving CEO Jensen Huang emerged. These futures, which trade 24/7 and never expire, provide early market signals before traditional trading opens. Alongside fu...
Nvidia faces scandal allegations involving its CEO and Chinese intelligence, causing headline-driven stock volatility. Despite this, Nvidia's strong fundamentals—high income margin, significant year-over-year growth, and reasonable valuation—suggest ...
Google has introduced two new versions of its proprietary AI chips designed to handle sensitive data and large workloads. This move comes as Nvidia, the current market leader in AI hardware, faces scrutiny due to an investigation into its CEO Jensen ...
Nvidia Corporation is still considered a Buy as its core business fundamentals remain strong despite a recent 22% decline in stock price triggered by a scandal involving CEO Huang's alleged ties to Chinese intelligence. The company has authorized a $...
Alphabet has introduced new AI chips, TPU 8tx and TPU 8i Max, targeting secure and advanced computing workloads, with availability expected in 2027. These chips cost about 30% less than Nvidia's GPUs but offer competitive performance, attracting majo...
