Wednesday, March 12

Tag: NVIDIA

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting
11Dec By adminNo Comments
Money

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting

Gains across a swath of stocks on Monday offset declines in big technology shares, keeping major indexes steady ahead of coming inflation data.Monday extended a recent trend: Since a lower-than-expected inflation reading last month, investors have piled into the stocks of moderately sized companies, while cooling on the giant tech firms that had previously driven this year’s rally.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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AMD’s Piece of the AI Pie Will Need to Prove Sticky
7Dec By adminNo Comments
Money

AMD’s Piece of the AI Pie Will Need to Prove Sticky

Advanced Micro Devices has been defying the odds for years now. So it isn’t a great stretch to imagine the chip maker doing so again. The company more commonly known as AMD long competed primarily against Intel for a small slice of the personal computer and server markets. AMD’s fortunes began to brighten about five years ago thanks to smart design decisions, plus technological stumbles by its much larger rival. AMD now generates more than four times the annual revenue that it did in 2017; Intel’s business has shrunk by 16% in that same time. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Bond Yields Tumble, Stocks Retreat
7Dec By adminNo Comments
Money

Bond Yields Tumble, Stocks Retreat

A rally in Treasurys intensified Wednesday, dragging yields on 10-year notes to the lowest level since August, while stocks turned lower. Major indexes wavered between small gains and losses before ending the session around their lows of the day. The S&P 500 lost 0.4%, while the Dow Jones Industrial Average shed 70 points, or 0.2%. The tech-heavy Nasdaq Composite fell 0.6%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nvidia’s CEO Still Plans to Sell High-End Chips in China
6Dec By adminNo Comments
World

Nvidia’s CEO Still Plans to Sell High-End Chips in China

SINGAPORE—Nvidia’s CEO said he still hopes to supply high-end processors to China, days after U.S. Commerce Secretary Gina Raimondo warned U.S. companies against sales of AI-enabling chips to the country in the name of national security. “Our plan now is to continue to work with the U.S. government to come up with a new set of products to comply with the new regulations,” Jensen Huang told reporters in Singapore Wednesday. “The new regulations have additional limits. We have to come up with new products to comply with those regulations.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nvidia’s Rivals Prepare Their AI Assault
6Dec By adminNo Comments
Money

Nvidia’s Rivals Prepare Their AI Assault

Nvidia was never going to have the artificial intelligence market all to itself. The past year has certainly made it seem that way, though. Nvidia’s sales have more than doubled—and its market value more than tripled—as major tech companies snapped up the company’s chips to capitalize on the explosive interest in generative AI sparked by the launch of the ChatGPT online chatbot a year ago. Intel and Advanced Micro Devices, two of Nvidia’s largest competitors, have seen their data-center sales shrink lately as the tech giants operating those networks have redirected their spending toward Nvidia’s specialized chip platforms. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Treasury Yields Fall to Lowest Levels Since Summer
6Dec By adminNo Comments
Money

Treasury Yields Fall to Lowest Levels Since Summer

Updated Dec. 5, 2023 5:38 pm ETThe bond rally resumed Tuesday, driving yields on benchmark 10-year U.S. notes to their lowest level since summer and lifting technology shares on an otherwise downbeat day for stocks. The technology-heavy Nasdaq Composite added 0.3%. In the S&P 500, technology and consumer-discretionary shares failed to offset declines in utilities, energy, materials and real-estate stocks, and the broad index shed less than 0.1%. The Dow Jones Industrial Average fell 0.2%, or about 80 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?
5Dec By adminNo Comments
Money

How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?

As in the eponymous 1960s Western, the so-called “Magnificent Seven” stocks keep on winning. This also means investors are betting the farm on just a handful of bullets hitting their targets.The S&P 500 is in a bull market, fueled by soft inflation data in the U.S. and Europe and the widespread belief that interest rates will start coming down early next year. Yet the stock market has become so top-heavy that speaking of a “bull market” carries less meaning than before. Without Apple, Microsoft, Alphabet, Amazon.com, Nvidia, Tesla and Meta Platforms—the high-growth, technology-related companies that analysts have dubbed the “Magnificent Seven”—the S&P 500 would only be up 9% this year, rather than 19%. Some 44% of stocks in the index are down this year.Copyright ©2023 Dow Jones &a...
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Nvidia’s Rivals Prepare Their AI Assault
4Dec By adminNo Comments
World

Nvidia’s Rivals Prepare Their AI Assault

Nvidia was never going to have the artificial intelligence market all to itself. The past year has certainly made it seem that way, though. Nvidia’s sales have more than doubled—and its market value more than tripled—as major tech companies snapped up the company’s chips to capitalize on the explosive interest in generative AI sparked by the launch of the ChatGPT online chatbot a year ago. Intel and Advanced Micro Devices, two of Nvidia’s largest competitors, have seen their data-center sales shrink lately as the tech giants operating those networks have redirected their spending toward Nvidia’s specialized chip platforms. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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