Chipmaker

Nvidia’s Supreme Court Showdown: AI Chipmaker Battles Securities Fraud Lawsuit Over Crypto Sales – Full Story Here!

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Washington, D.C. – The U.S. Supreme Court has agreed to hear a case involving Nvidia, a prominent artificial intelligence chipmaker based in Santa Clara, California. The case revolves around allegations of securities fraud, with shareholders accusing the company of misleading investors regarding its sales to the cryptocurrency industry. Nvidia, known for its significant role in the AI boom, saw a surge in its market value in recent years. In 2018, the company’s chips gained popularity …

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AI Chipmaker Nvidia Surpasses $3 Trillion Market Value, Overtaking Apple – What’s Driving the Surge?

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New York City — Nvidia, the renowned chipmaker, has seen its market value soar above $3 trillion, surpassing Apple to claim the title of the second most valuable publicly listed company globally. This remarkable achievement comes on the heels of a more than 5% increase in the company’s share price on Wednesday, pushing it to over $1,224 per share. The substantial growth in Nvidia’s market value can be attributed to the increasing optimism surrounding its …

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AI Chipmaker Nvidia Sees Unprecedented 769% Profit Increase: Is This the New Industrial Revolution?

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Santa Clara, California – Nvidia, a leading chipmaker, reported a significant surge in profits, defying expectations and solidifying its position as a key player in the artificial intelligence (AI) industry. The company announced impressive earnings, with profits reaching nearly $12.3 billion in the three months ending January 28, representing a remarkable 769% increase from the previous year. These results surpassed the projections of Wall Street analysts, reflecting the company’s robust growth and strong performance in …

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“Stocks” Hold Steady As S&P 500 Eyes 5000 Mark In Sight – How the Market Reacts to Latest Corporate Results and Chipmaker Arm’s Outlook

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NEW YORK (AP) – The US stock market hit a pause on Thursday after reaching record highs, as investors responded to positive corporate results and chipmaker Arm’s strong outlook. The S&P 500 hovered around the flatline, nearing the key psychological level of 5,000, while the Dow Jones Industrial Average was down 0.2% and the Nasdaq rose 0.3%. Stocks have seen a rally due to robust economic data and positive earnings, lifting spirits on Wall Street …

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