Daniel Howley

1 week ago | ca.finance.yahoo.com | Daniel Howley

Nvidia (NVDA) stock jumped 2% Monday, putting the AI chip giant within striking distance of an all-time high after a furious turnaround over the past two months. The company continues to ride high on sales of its powerful AI chips to both hyperscalers and foreign countries seeking to build out their own sovereign AI systems. Shares closed at $144.69 each, about 3% off its record closing high. The latest jump comes after Nvidia held its GTC Paris event in the French capital last week.

1 week ago | aol.com | Daniel Howley

Shares of Nvidia (NVDA) were closing in on their all-time highs midday Monday. The company continues to ride high on sales of its powerful AI chips to both hyperscalers and foreign countries seeking to build out their own sovereign AI systems. Nvidia's stock price topped out at just over $145 as of 12:00 p.m. ET, just shy of its high of $149.43 posted on Jan. 1. The jump comes after Nvidia held its GTC Paris event in the French capital last week.

2 weeks ago | aol.com | Daniel Howley

AMD (AMD) launched its MI350 line of AI chips and detailed its next-generation MI400 line of GPUs as part of its Advancing AI event in San Jose, Calif., on Thursday. The company also unveiled its AMD Developer Cloud, which gives developers access to the company's AI processors via its cloud computing infrastructure. The MI350 line includes both the MI350X and MI355X and is designed to go head-to-head with Nvidia's (NVDA) Blackwell line of AI chips.

2 weeks ago | aol.com | Daniel Howley

Memory chip maker Micron (MU) announced on Thursday that it will invest an additional $30 billion in the US, as it looks to build out its manufacturing and research and development facilities in Idaho and New York. The move brings Micron’s total US manufacturing and R&D investments up to roughly $200 billion which will create some 90,000 direct and indirect jobs, the company said. Micron is receiving about $6.5 billion in funding from the US CHIPS Act.

2 weeks ago | aol.com | Daniel Howley

Apple (AAPL) hosted its annual WWDC event at its Cupertino, Calif., headquarters on Monday, showing off a variety of improvements across its software offerings, including completely overhauled versions of the operating systems that power its devices. It was a jam-packed show, but one thing Apple didn't provide was a big, splashy AI announcement like its Big Tech peers Microsoft (MSFT) and Google (GOOG, GOOGL) showed at their respective developer conferences last month.