AI Darling Nvidia's Stock Could Keep Rising
Nvidia ( NVDA 3.08%) is the top player in the market for data center graphics processing units (GPUs) that are being deployed in data centers for artificial intelligence (AI) training and inference, with some estimates putting the semiconductor giant's share of this market at 90%.
Italy's data protection agency said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of personal data by the generative artificial intelligence application.
Nvidia recently updated some of its clutter of PC apps, including the GPU-controlling GeForce Experience, to a single Nvidia App. And while that makes for fewer icons in your system tray, it seems the new program’s AI features are potentially harming your gaming framerates.
Investment bank Morgan Stanley on Friday issued a bullish report on artificial intelligence chipmakers, calling Nvidia stock a top pick for 2025.
The palm-sized Orin Nano is ideal for hobbyists and small companies looking to run AI applications locally, such as for use in industrial robots.
Nvidia announced the latest in its Jetson Orin Nano AI computer line, the Jetson Orin Nano Super Developer Kit. Sort of like a Raspberry Pi but for powerful AI processing, the tiny $249 computer packs more of an AI processing punch than the kit did before — for half the price.
Apple and NVIDIA shared details of a collaboration to improve the performance of LLMs with a new text generation technique for AI.
"I'm not chip supply constrained," Microsoft CEO Satya Nadella said in a recent interview. Nvidia stock has dropped 7% since the comments.
Sony and Microsoft have only recently started implementing AI and machine learning into their consoles, with features like the PS5 Pro's PSSR, but PC hardware manufacturer Nvidia has been at it for much longer.
Nvidia has dominated the AI narrative in the stock market, captivating investors and the media after soaring 2,190% over the past five years and becoming the most valuable company
Nvidia is estimated to be paying $700 million for the Israeli AI company. The acquisition was originally announced in April.