Elon Musk’s xAI Raises $6 Billion, Boosting Nvidia’s Stock Value
Elon Musk’s xAI start-up raising $6 billion in capital signals a potential partnership with Nvidia, boosting the tech company’s stock value by 7%. With Nvidia’s revenue projected to double, the collaboration underscores the growing demand for Nvidia’s GPUs in the AI market, solidifying its market dominance.
Revolutionary Graphics Card Sparks Excitement in Tech World
Exciting developments in the tech industry have sparked a wave of excitement among enthusiasts and professionals. The latest release of a highly anticipated graphics card promises to revolutionize the gaming experience with unparalleled performance and stunning visual effects. Industry experts are buzzing with speculation and anticipation as they await the official launch of this groundbreaking product. Stay tuned for updates on this exciting development in the tech world!
Nvidia Announces 10-for-1 Stock Split Amid Impressive Financial Performance
Nvidia announces a 10-for-1 stock split, making it more accessible for individual investors to buy shares. With a stock surge of over 2,500% in five years, each common share will be divided into 10 smaller shares, reducing the cost of investing. Post-split trading begins on June 10 amidst bullish market sentiment driven by Nvidia’s AI capabilities and strong financial performance.
Nvidia’s Market Value Surges, Exceeds Entire Value of Britain’s Largest Listed Company
Nvidia’s market value surpasses Britain’s largest listed company as shares surge by 10.5% in a single day, driven by AI boom. With a market cap of $2.58 trillion, Nvidia’s success reflects the growing importance of its processors in the AI landscape, propelling US stock markets to record highs.
Investor Steve Eisman Identifies Apple as Major Player in AI Market
Renowned investor Steve Eisman identifies Apple Inc. as a major player in the AI market, emphasizing the company’s AI strategy as a key growth factor. Eisman believes Apple could be the biggest beneficiary once AI-driven apps become mainstream, leading to a surge in demand for Apple devices. Analysts also highlight the potential for AI advancements to attract higher institutional ownership of Apple’s iPhone, offering a 23.5% upside.
How Sega Saved Nvidia from Collapse in 1996
Discover the untold story of how Nvidia narrowly escaped collapse in 1996 with a timely $5 million investment from Sega’s CEO. Explore the intricate relationship between the two companies and the lasting impact it had on the tech industry.
Mesa 24.1 Released with Exciting Features and Improvements
Exciting news for open-source graphics enthusiasts as Mesa 24.1 has been released, packed with a host of new features and improvements. The update includes explicit sync support for Vulkan drivers, enhancements to AMD RadeonSI and RADV drivers, progress on the open-source NVK Vulkan driver for NVIDIA GPUs, and optimizations for Intel ANV driver. Mesa 24.1 also introduces support for Intel Arrow Lake graphics and async VM bind support, among other enhancements. With Mesa 24.1, the open-source graphics community can expect an enhanced experience and improved performance across various hardware platforms.
NVIDIA Reports Record Quarterly Revenue and Announces Forward Stock Split
NVIDIA reports record quarterly revenue of $26.0 billion, with a 262% surge from the same period last year. The company announces a ten-for-one forward stock split and a 150% increase in quarterly cash dividend. CEO Jensen Huang discusses the role of NVIDIA in driving the next industrial revolution through AI factories. NVIDIA’s strategic initiatives, including the Blackwell platform and Spectrum-X, position the company for continued growth and innovation in the AI landscape.
Nvidia Announces 10-for-1 Stock Split Amid AI Technology Boom
Tech giant Nvidia announces a 10-for-1 stock split following a surge in share price driven by AI technology. The split aims to make ownership more accessible, appealing to both employees and investors. With a remarkable 25-fold increase in share price over the past five years, Nvidia solidifies its position as a key player in the AI hardware market.
NVIDIA Releases GeForce 555.85 WHQL Driver Update with DLSS 3 Frame Generation and More
NVIDIA releases GeForce 555.85 WHQL driver update with DLSS 3 Frame Generation, DLAA, Reflex support, and enhanced ray tracing effects. Popular games like ‘Hellblade II’, ‘Serum’, and ‘XDefiant’ to benefit. Expanded G-SYNC compatibility and fixes for ‘Tekken 8’, ‘Horizon Forbidden West’, and Blender Cycles. Desktop GPU support for NVIDIA TITAN, GeForce GTX, and GeForce RTX series.