U.S. restrictions on high-tech exports have seen Nvidia lose market share in China as it withdraws chips and designs inferior alternatives compliant with evolving U.S. policy.
Read More Amid ‘Jensanity’, Nvidia signals plans to keep AI crown
Tag: Marvell Technology
Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
Wall Street’s main indexes climbed on Wednesday, while investors awaited comments from Federal Reserve Chair Jerome Powell later in the day.
Read More Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
S&P 500 notches record high as Nvidia rally continues
The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.
Read More S&P 500 notches record high as Nvidia rally continues
Broadcom soars as demand for AI chips powers forecast raise
Broadcom surged about 15% as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology.
Read More Broadcom soars as demand for AI chips powers forecast raise
Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources
Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others.
Read More Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources