Nvidia Corp., the chipmaker at the center of an AI spending boom, delivered good-but-not-great quarterly numbers, disappointing investors accustomed to blowout results. Nvidia’s stock slid 8.5% in New York on Thursday, marking the steepest single-day decline in a month. The stock had already been down 2.2% this year, following stratospheric gains in 2023 and 2024 […]
Nvidia remains upbeat on its future after 78% revenue growth in Q4 – CNBC TV18
Nvidia Corp., the chipmaker at the center of an AI spending boom, gave an upbeat view of its highly anticipated Blackwell lineup, helping reassure investors after delivering good-but-not-great quarterly numbers. The company got $11 billion of revenue from Blackwell in the fourth quarter, something Nvidia described as the “fastest product ramp” in its history. “Demand […]
CNBC-TV 18 Morning Call: Honda and Nissan to form holding firm, Ambuja Cements merger, ITC demerger and more – CNBC TV18
1 / 17 The US dollar strengthened on Tuesday after stronger-than-expected November retail sales showed economic growth, driven by motor vehicle and online purchases, ahead of central bank rate decisions. 2 / 17 Nvidia shares dropped on Tuesday, while Broadcom edged lower after early gains. Year-to-date, Nvidia is up over 160%, and Broadcom has gained […]
Nvidia’s Jensen Huang adds the most in net worth after Elon Musk and Mark Zuckerberg – CNBC TV18
Perhaps no other tech company has had a better year than chipmaker Nvidia. The company, which positioned itself as the frontrunner of the AI revolution has added a whopping $2.1 trillion to its market capitalisation in 2024. The world’s second most valuable company currently boast a market capitalisation of $3.4 trillion. Company Value Change %Change […]
Nvidia nearly doubles revenue on AI demand but guidance below highest estimate – CNBC TV18
Nvidia Corp., the world’s most valuable company, reported its third quarter results that beat analyst expectations but its guidance, though higher than the average analyst expectation, was below the highest estimate. However, the stock recoveredafter an initial 3.5% drop in extended trading post the results announcement. Revenue for the quarter surged by 94% on a […]
CNBC-TV18 Morning Call: Volatile Wall Street, Nifty expiry, Key cabinet decisions and more – CNBC TV18
1 / 10 Anybody who looks at the US market screen this morning would not believe that this is a result of a near-1,000-point recovery on an intraday basis. The Dow Jones ended 120 points higher on Wednesday. At one point, the index was down 750 points. The S&P 500 recovered 150 points from the […]
Which Indian mutual funds invest in Nvidia shares? Take a look at their exposure – CNBC TV18
Indian mutual funds hold significant positions in Nvidia, the artificial intelligence (AI) chip giant. This is notable given the recent rise and interest in the stock. Nvidia’s shares had soared more than 160% this year, driven by its pivotal role in the AI boom. Despite this growth, the company’s stock recently fell 7% in extended […]
Nvidia adds a record $329 billion in market cap as volatility soars – CNBC TV18
Nvidia Corp.’s wild ride this week is headed for the record books. The world’s third-most-valuable company has added a record $329 billion in value — obliterating the single-day record that it has repeatedly set in the past few months. The 13% rally comes a day after a 7% rout wiped out more than $193 billion […]