Among AI's hottest stocks through 2024 are data analytics company Palantir Technologies ( PLTR -1.03%) and semiconductor leader Nvidia ( NVDA 0.28%). Both companies have handily topped the markets this year -- with shares of Palantir rocketing by 291% while Nvidia has gained about 179% (as of market close Nov. 29).
Amazon.com founder Jeff Bezos joined Samsung in a $700 million bet on Tenstorrent, valuing the AI chip startup with ambitions of taking on Nvidia at about $2.6 billion. Tenstorrent, which hopes to create a chip to try and break
There's no denying that Nvidia (NVDA 2.15%) is the poster child of the artificial intelligence (AI) craze. The semiconductor business elevated to new heights thanks to sizable inv
coNebius NV, a publicly traded provider of artificial intelligence infrastructure, today announced that it has raised $700 million in funding.
Big Tech is buying up Nvidia chips to train ever-larger AI models. As technology evolves, the spoils may spread to AMD, Intel, and start-ups.
Dr Seena Rejal examines the implications of increased competition in the semiconductor market on AI development.
Nvidia Corporation leads in AI with strong financial results, growth potential in cloud computing, and projected market expansion. Click for my NVDA Q3 update.
AI infrastructure firm Nebius Group on Monday said it was raising $700 million in a private placement from investors including Nvidia , Accel and some accounts managed by Orbis Investments.
Intel channel partners told CRN on Monday that the sudden departure of CEO Pat Gelsinger has created uncertainty about its current strategy and suggested that the chipmaker should focus on its CPUs and Gaudi accelerator chips.
Nvidia stock currently has a PEG ratio of approximately 1, which makes it far cheaper than many other popular AI stocks. The post Prediction: Why Nvidia stock will soar in 2025 appeared first on The Motley Fool Australia.