According to data by Jon Peddie Research, Nvidia now holds a 90% share in the GPU market, while AMD accounts for roughly 10%.
The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session.
Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology ( MU 5.96%) traded 5.7% higher as of 12:12 p.m. ET. Meanwhile, AI software ...
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Wedbush analyst Dan Ives remains bullish and expects Tesla's market cap to hit $2 trillion in 2025, saying the coming four ...
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Jefferies analyst Blayne Curtis remains bullish on Broadcom and Marvell. He expects AVGO and MRVL to benefit from demand for ...
Cathie Wood is the CEO and chief investment officer of Ark Invest. Over the last several years, she has earned a reputation ...
Last year was fantastic for the markets in general, but the index that really stood out was the Nasdaq. The Nasdaq, heavily ...
SoundHound AI (NASDAQ:SOUN) fell for the third consecutive day on Wednesday, but the losses accelerated as SOUN stock ...