Nvidia has become the first company to cross the $4 trillion. But, there’s another technology company that may hit $4.5 trillion! (AI image) Nvidia has seen a meteoric rise – becoming the first company in the world to have a market capitalization of over $4 trillion. In fact there are only five economies in the world that have a GDP …
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Nvidia CEO Jensen Huang said the company has secured approval from the Trump administration to begin selling its advanced H20 chips to China, paving the way for resumed exports of its AI hardware to a key international market.“The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,” the company said in a …
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US Wall Street experienced a significant sell-off on Wednesday, accompanied by a declining dollar, following pessimistic remarks from Federal Reserve Chair Jerome Powell and concerns over semiconductor company Nvidia. The market atmosphere shifted from its previous stability, prompting investors to seek refuge in gold, which surpassed $3,300 per ounce.Despite positive retail sales figures, US equities declined. The downturn intensified after …
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Nvidia on Monday unveiled plans to manufacture its most advanced artificial intelligence supercomputer chips entirely within the United States for the first time, marking a new milestone for the tech giant amid intensifying global trade tensions.According to AFP, the California-based chipmaker will begin producing its top-tier GPUs, known as Blackwell, at TSMC facilities in Arizona. Simultaneously, new supercomputer plants are …
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The New York Stock Exchange is shown in New York’s Financial District on December 31, 2024. (AP) NEW YORK: The tech-rich Nasdaq tumbled early Monday as traders around Wall Street and other global bourses reacted to the emergence of a low-cost Chinese generative AI venture that has apparently overtaken US companies.DeepSeek, which was developed by a start-up based in the …
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