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Nvidia Shares Jump After CEO Jensen Huang Notes ‘Insane’ Demand For Blackwell AI ‘Superchip’

Nvidia chief Jensen Huang said during an interview with CNBC on Wednesday that demand for the tech giant’s Blackwell “Superchip” is “insane,” sending Nvidia shares up more than 3% on Thursday. Nvidia shares reached as high as $124.26 on Thursday before cooling down to $122.80 at market close, a 3.3% jump.

Investopedia on MSN · 18h

Watch These Nvidia Stock Price Levels After CEO Cites "Insane" Demand for AI Chips

Nvidia (NVDA) shares will remain in the spotlight Thursday after CEO Jensen Huang said during a CNBC interview late yesterday that demand for the company’s next generation Blackwell artificial intelligence (AI) chips is “insane.

Markets Insider on MSN · 15h

Nvidia stock jumps after CEO Jensen Huang says 'demand for Blackwell is insane'

"Blackwell is in full production, Blackwell is as planned," Jensen Huang said. "Everybody wants to have the most and everybody wants to be first."

OpenAI gets $6.6 billion funding from Microsoft, Nvidia

Barron's on MSN · 8h

Nvidia Stock Rises. Its OpenAI News Is Driving Shares.

Nvidia stock picked up some gains on Thursday as investors digested the news that the chip maker has invested in ChatGPT developer OpenAI.Shares in the chip maker climbed 3.4% to $122.85, compared with a 0.

ReadWrite on MSN · 15h

OpenAI raises $6.6 billion in funding from Nvidia and Microsoft

OpenAI, the company behind the popular generative artificial intelligence (AI) tool ChatGPT, has raised an additional $6.6 billion in new… Continue reading OpenAI raises $6.6 billion in funding from Nvidia and Microsoft The post OpenAI raises $6.

Interesting Engineering on MSN · 17h

At $157 billion valuation, OpenAI gets $6.6 billion funding from Microsoft, Nvidia

Artificial intelligence (AI) company OpenAi has finalized a deal to raise $6.6 billion in funding from investors. The deal values the company at a whopping $157 billion, making it one of the most valuable private companies in the world.

11h

Nvidia Stock Rallied (Again) Today, but Is Still 10% Off Its All-Time High. Is the Stock Still a Buy?

Investor concerns regarding the momentum of artificial intelligence (AI) and a lofty valuation have punished the chipmaker.

10d

Nvidia Versus AMD: Which AI Stock Is The Better Buy Right Now?

Comparing Nvidia and AMD to decide which to invest in? It can be difficult to analyze everything happening with these AI ...

Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market

Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on ...

19h

This Incredibly Cheap Tech Stock Has Crushed Nvidia in the Past 3 Months, and It Is Still a Solid Buy

This cybersecurity stock has gained impressive momentum in the past three months, and it seems capable of delivering more ...

18h

Is It Too Late to Buy Nvidia Stock? Wall Street's Answer May Surprise Investors

Nvidia (NASDAQ: NVDA) shares rocketed 745% during the 18-month period that ended on June 30, 2024, as enthusiasm about artificial intelligence (AI) swept the market. But shares have declined 5% since ...

2don MSN

Forget Nvidia: The best-performing S&P 500 stock this year is a utility you've probably never heard of

"Nuclear plants' year-round, low-cost, emissions-free power matches well with data centers' constant energy needs," ...

The Ultimate Artificial Intelligence (AI) Stock to Buy Hand Over Fist Right Now (Hint: It's Not Nvidia)

This chip stock is not only cheaper than Nvidia, but it is set to grow at a faster pace than the AI pioneer as well.

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