News with the tag "NVIDIA"

Nvidia CEO Jensen Huang tried to fix a mess he started. It didn’t work. His attempt to walk back his old comments about quantum computing ended up dragging down the same stocks he wanted to help. On Thursday, at the company’s first-ever Quantum Day, Huang said he didn’t mean it when he claimed quant...

Ex-SoftBank official Akshay Naheta takes the helm as co-CEO of Bakkt to help revitalize the struggling crypto trading platform. Akshay Naheta, a former SoftBank executive, has joined Bakkt as co-chief executive officer, signaling an effort to turn around the struggling American crypto trading and cu...

Get ready for the tech event of the year! Nvidia GTC 2025 is just around the corner, and Bitcoin World is your front-row seat to all the groundbreaking announcements. If you’re invested in the crypto world, you know that Nvidia’s advancements in GPU technology directly impact mining and the broader ...

The crypto world is buzzing with anticipation, and for good reason! While we often focus on blockchain and digital currencies, the underlying technology powering the future of crypto and beyond is taking center stage this week at Nvidia GTC 2025. Nvidia, a name synonymous with cutting-edge GPUs and ...

The US housing market is collapsing, and Elon Musk’s D.O.G.E is pulling the plug on affordable housing projects across the country. Monthly housing costs in the US reached $3,104 in January, the highest on record. Mortgage payments alone have nearly doubled in the past five years, now averaging $2,2...

Nvidia and other AI chipmakers’ stocks are bleeding on the heels of Alibaba’s new AI model launch, with AI tokens’ market cap seeing a similar hit in response. Nvidia stock is down by 5.7% today , putting Nvidia shares down nearly 18% year-to-date, which marks the worst monthly performance for Nvidi...

The stock market tariff tantrum of the past few weeks has seen the Nasdaq 100 and S&P 500 give up all their gains since the early November election victory of Donald Trump even as bitcoin ( BTC ) remains in positive territory. Both equity gauges are now more than 2% lower, while bitcoin is up over 2...

The buzz around AI Cloud computing is reaching fever pitch, and the upcoming IPO of CoreWeave is proof! But before you jump on the bandwagon, there’s a fascinating twist in this story. While CoreWeave gears up for a potential $4 billion public offering, it turns out the company’s founders have alrea...

Cryptocurrency enthusiasts and tech investors are closely watching global supply chains, especially when it comes to the crucial components powering the AI revolution – like Nvidia chips . Recent news from Singapore has sent ripples through the tech world, highlighting the intense demand and lengths...

Artificial Intelligence (AI) chip manufacturer Nvidia has reported a record quarterly revenue of $39.3 billion, a 78% increase from the previous year. This comes on the back of growing demand for AI chips and a race to attain dominance for several countries. The sector’s growth also led to a similar...