Nvidia CEO Jensen Huang says his company is investing in Elon Musk's xAI. The executive confirmed the chipmaker's participation in xAI's latest funding round in an interview with CNBC Wednesday (Oct. 8).
Nvidia CEO Jensen Huang broke down the AI race between the U.S. and China. Huang said that the U.S. is "not far ahead" of China and will need a "nuanced strategy" to stay on higher ground.
Nvidia stock (NASDAQ: NVDA) soared over 2% on Wednesday after reports that the chipmaker is planning to put up to $2 billion into Elon Musk's AI startup, xAI, as part of a huge $20 billion funding round. The move highlights just how serious the chipmaker is about pushing AI adoption across industries.
Oracle Corp (NYSE:ORCL, ETR:ORC) is reportedly experiencing thin gross profit margins on its business renting Nvidia Corp (NASDAQ:NVDA, ETR:NVD) chips to customers, with internal documents showing a margin of roughly 14% on $900 million in revenue for the three months ending August 2025. This figure is far below Oracle's overall gross margin of about 70%, highlighting the high costs associated ...
NVIDIA (NVDA) remains a strong buy, driven by a landmark 10GW OpenAI deal. I estimate ~$350B Nvidia revenue potential, tied to Rubin (and likely Feynman) through decade's end. Rubin's cadence was reaffirmed, with six chips taped out, and volume production starting next year, likely in H2. Near term, I believe GB300 Ultra ramp supports a strong Q3 FY26. OpenAI's AMD warrants could indirectly ben...
Right now, artificial intelligence (AI) investing is all the rage. AI hyperscalers are spending billions of dollars on AI computing equipment, and that trend doesn't appear to be slowing anytime soon.
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