Citi analyst Atif Malik increased his price target for the stock to $800 from $575 on Tuesday, citing the rise of agentic AI.
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Any Texas plant would feature multiple foundries, sources told Bloomberg, each of which would cost as much as $20 billion.
Nvidia’s CUDA software suite has become the AI industry’s go-to tool for building neural networks on GPU chips.
Its Open Agent Safety Platform is a training sandbox designed to prevent the breaches that have led to hacks at Hugging Face and elsewhere.
Muse’s app has racked up 2.5 million downloads since its September 8 debut, according to Sensor Tower data.
Shares of Meta, meanwhile, also 11% on Monday while its Muse AI was the top downloaded mobile app in the US.
The White House is reportedly considering holding artificial intelligence-focused sideline meetings during the summit.
“Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty,” Nvidia CEO Jensen Huang said.
In so many words, Thursday’s letter says if AI threats aren’t top of your bosses’ agenda, their priorities are wrong.
OpenAI showed off its aptly named new semiconductor at its Hot Chips conference Tuesday, the day before Nvidia’s earnings.
Nvidia is putting its massive cash flow to work, with The Information reporting that the chip-maker is in talks to invest in Perplexity.
Thiel Macro is suddenly back in action with a roster that seems less concerned about an AI bubble, and more concerned with an AI bottleneck.
Back in March, CEO Jensen Huang spent Nvidia’s developers conference saying its chips are the perfect infrastructure for open source tools.
US power use is expected to keep notching record highs in 2026 and 2027, according to the Energy Information Administration.
Shares of Apple have risen 26% this year, enough to help it retake the market cap throne from momentary usurper Nvidia earlier this month.
Apple shares climbed nearly 1% on the news, bringing it closer to reclaiming the throne as the biggest US company by market cap.