Nvidia, AI Stock
Digest more
NVIDIA leads Dow gainers
Digest more
However, in a twist that might surprise you, Jensen Huang, the CEO of NVIDIA, has publicly thrown his support behind the tariffs imposed by President Donald Trump. And he didn’t just quietly agree; he went so far as to describe them as “utterly visionary.
Nvidia results pleased investors and eased fears over China tariffs and separately a court ruled President Trump’s tariffs are illegal with the White House vowing to appeal and Elon Musk is officially done with DOGE.
Artificial intelligence technology bellwether Nvidia overcame a wave of tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered chips that are making computers seem more human.
The company continued to grow fast in its most recent quarter despite new rules restricting the sale of A.I chips to China.
Republican Senator Jim Banks and Democrat Elizabeth Warren are demanding answers from Nvidia Corp. CEO Jensen Huang on his firm’s reported plans to open a research facility in Shanghai.
It turns out that Nvidia actually stepped in to support the IPO. In Nvidia's first-quarter 13F filing with the Securities and Exchange Commission, Nvidia reported owning close to 24.2 million shares, up from the 17.9 million shares it owned previously, according to CoreWeave's prospectus.
Nvidia and Dell announced a partnership on the AI-powered Doudna supercomputer at the Berkeley National Laboratory, which will advance research on fusion energy and more.
11h
Investor's Business Daily on MSNNvidia Partner CoreWeave Set To Hack Into Amazon, Google Kingdoms; Investors Pour In As Stock Rockets 227%Nvidia-backed CoreWeave holds first place in the IBD 50 list of growth stocks. CoreWeave rents out Nvidia's AI chips to hyperscalers.