White House AI Czar David Sacks and Nvidia’s Jensen Huang reportedly expected the UAE chip-supply agreement to help maintain the U.S.’s AI leadership, keeping China at bay.
On the second day of the U.S. government shutdown, Wall Street remains largely subdued, with indexes showing only slight midday declines after touching fresh record highs at the open.
KeyBanc lifted its price target on Nvidia shares to $250 from $230, pointing to improved Chip-on-Wafer-on-Substrate availability through 2025-2026 and better-than-expected rack production yields.
Commerce Secretary Howard Lutnick has reportedly discussed the plan with semiconductor industry executives, emphasizing to them the importance of the measure in ensuring economic security.
Barclays based its new valuation on Nvidia’s earnings potential, forecasting an implied earnings per share of $7.85, adding $35 billion in potential revenue stemming from the chipmaker’s recent collaboration with OpenAI.
AMD’s high-performance GPUs will be available in Cohere’s complete line of AI products, including Command A, Command A Vision, Command A Translate, and North.
Micron's solid Q4 sparks new ETF trading opportunities. MUU offers leveraged upside, while SMH and SOXX provide diversified exposure to Micron and Nvidia.
In mid-August, the company raised its quarterly guidance ahead of its Chief Business Officer Sumit Sadana’s participation in a KeyBanc Technology Conference fireside chat.
