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.
NVIDIA Releases 555.42.02 Linux Beta Driver with Wayland Sync Support
The NVIDIA 555.42.02 Linux beta driver has been released with Wayland explicit sync support, GSP firmware utilization, and various other updates and improvements. Download the driver from the official NVIDIA website and stay tuned for upcoming benchmarks on Phoronix to see the performance enhancements in action.
Nvidia set to release fiscal Q1 2025 earnings amidst investor concerns
Investors are eagerly awaiting Nvidia’s fiscal Q1 2025 earnings, but concerns about a potential plateau in earnings growth linger. Despite uncertainties, discussions among hyperscalers suggest a positive long-term outlook. Analysts acknowledge the possibility of a slowdown due to a product transition, but maintain indicators point to robust growth. Nvidia’s performance is crucial for the future trajectory of the technology sector, with a strong quarterly showing expected to lead to a consolidation of gains in the AI sector.
Finding Value in Semiconductor Stocks for Investors
Looking for cheap semiconductor stocks to invest in? Discover hidden gems in the market like Qualcomm, Applied Materials, and Taiwan Semiconductor. With the AI revolution in full swing, these companies offer promising growth potential for savvy investors. Don’t overpay for overhyped stocks – focus on value and strategic partnerships to capitalize on future gains in the semiconductor sector.
Tech Giants Make Moves in AI Industry
Google showcased new AI features at its I/O conference, setting industry standards with its Gemini chatbot. Amazon Web Services appointed a new CEO, while Intel named a new chip foundry leader. Investors are pouring capital into AI and enterprise software, with major tech events and earnings reports on the horizon. Google’s dominance in AI and hardware investments solidify its position as a key player in shaping the future of artificial intelligence.