NVIDIA CEO on US-China AI race
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Nvidia is the dominant player in AI infrastructure, but its size could limit some of its upside. AMD and Broadcom, meanwhile, have huge opportunities. Given their smaller sizes, the stocks have the potential to outperform Nvidia in the coming years.
The chief executive of the world’s leading chipmaker warned that while artificial intelligence will significantly boost workplace productivity, it could lead to job loss if industries lack innovation.
A Better Path to Growth and Profits Artificial Intelligence (AI) is revolutionizing industries, from healthcare to autonomous vehicles, driving unprecedented demand for advanced chips and infrastructure.
Investors have been drawn to SoundHound because the company is tapping into an expanding conversational AI market that is estimated to be worth $152 billion by 2033. SoundHound's tech can handle a range of tasks, including customer service calls over the phone and ordering meals in the drive-thru, and so far, business has been booming.
NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.
Key Points Nvidia has been a surefire AI winner in recent years, soaring 1,400%, thanks to demand for its products.Two other AI players also offer promising futures in this high-growth field. These 10 stocks could mint the next wave of millionaires › Nvidia (NASDAQ: NVDA) has been a no-brainer buy for investors over the past couple of years.
On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch.
Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.
Nvidia-backed Perplexity AI said on Wednesday it has launched Comet, a new web browser with AI-powered search capabilities, as the startup looks to challenge the dominance of market leader Alphabet's Google Chrome.
Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence boom powered by its industry-leading processors.