NVDA Sep 2024 120.000 put
- Yahoo Finance Video
Nvidia CEO Jensen Huang: We're building AI factories
It's hard to find a company that has gained more from the AI boom than Nvidia (NVDA). In the first quarter, the company posted a 262% rise in revenue. Its Data Center unit specifically saw its revenue soar 427% year over year to $22.6 billion. Why? Nvidia founder and CEO Jensen Huang says its because the company is basically making "AI factories." "These AI factories are essentially what we build. We build it as a holistic unit, as a holistic architecture and platform, but then we disaggregate it so that our partners could take it and put it into data centers of any kind," Huang tells Yahoo Finance in an exclusive interview. When it comes to demand for these products, Huang claims it's "so strong," adding "Hopper demand grew throughout this quarter after we announced Blackwell, and so that kind of tells you how much demand there is out there. People want to deploy these data centers right now." Be sure to check out the full interview with Nvidia CEO Jensen Huang. This post was written by Stephanie Mikulich. For more Yahoo Finance coverage of Nvidia: Nvidia stock pops 4% after earnings beat forecasts, announces stock split and dividend hike Nvidia CEO says Tesla 'far ahead' in self-driving tech as autonomous driving efforts boost chip demand Why this analyst says Nvidia is not a stock to buy Nvidia is 'central to the growing tech story': Strategist Beyond the Ticker: Nvidia
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Why investors need to take Taiwan chipmaker risk 'seriously'
Semiconductors are at the heart of the AI revolution, and with chipmakers leading the charge, it raises questions about the implications for nations reliant on international chip manufacturers. Christopher Miller, assistant professor of international History at Tufts University, joins Market Domination Overtime to discuss the landscape of chip manufacturing. Miller notes that the leading chipmakers in the US heavily depend on the semiconductor giants in Taiwan, stating, "it does present a risk that I think investors have to take seriously." With the surge in chip manufacturing investments occurring in the US, Miller believes that "it won't be complete self-sufficiency, but it does mean a lot more resilience, especially in case of a political crisis in East Asia." When it comes to China, Miller suggests that "China is probably going to be close to self-sufficient" in creating chips near the end of the decade. However, he points out that China faces challenges in manufacturing high-end chips, as "right now it's all in Taiwan." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
- Yahoo Finance Video
Stocks close lower, Dow falls by 600 despite Nvidia earnings
Stocks (^DJI, ^IXIC, ^GSPC) have reversed at Thursday's market close, initially riding high off of Nvidia's (NVDA) fiscal first-quarter earnings reported on Wednesday. The Dow Jones Industrial Average fell by 605 points, or just over 1.5%, and the S&P 500 dips back below 5.300. Market Domination's Julie Hyman reports on the day's market performances while Jared Blikre takes a look at sector losses and laggards in the semiconductor industry. For more of everything Nvidia, catch Yahoo Finance's exclusive interview with CEO Jensen Huang. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
