Nvidia is soon to join the Dow Jones Industrial Average, and it's making waves. The chipmaker, known for its AI prowess, has surged in market value, even outpacing tech giants like Microsoft and Apple. But what does this mean for the Dow? Unlike other indices, the Dow is price-weighted, so it's all
The tech world is buzzing with news that Nvidia, the chipmaker, is replacing Intel in the Dow Jones Industrial Average. This shift comes as no surprise, given Nvidia's massive success in the artificial intelligence (AI) market. In just two years, Nvidia's value has skyrocketed by $3. 1 trillion, mak
In a surprising shake-up, Nvidia is replacing Intel in the Dow Jones Industrial Average. This change marks the end of Intel's 25-year run in the index. Intel, once the leader in chipmaking, has faced stiff competition and missed out on big opportunities like generative AI. Its shares have dropped 54
Samsung Electronics, a top player in the tech industry, has been making waves with its recent progress in supplying AI-focused chips. The South Korean giant recently shared some good news aimed at reassuring its investors, who have been a bit jittery due to a dip in semiconductor profits in the last
Samsung Electronics has some exciting news to share with investors. They're making significant headway in supplying their top-notch AI memory chips to Nvidia Corp. This development is crucial as Samsung wants to keep up with its rival, SK Hynix Inc. , in a booming market. A senior executive hinted a
NVIDIA's CEO, Jensen Huang, recently shared his thoughts on AI at an event in India. He believes that while AI won't replace humans entirely, it can outperform us in specific tasks by a huge margin – up to 1, 000 times better! This doesn't mean we should worry about losing our jobs to robots, though
In a recent interview, NVIDIA's CEO Jensen Huang admitted that the design flaws in the Blackwell AI portfolio were entirely the company's fault. Contrary to earlier rumors, the Taiwan Semiconductor Manufacturing Company (TSMC) had no role in these issues. The problem stemmed from NVIDIA's need to pr
Thursday, October 24, was a day full of surprises in the stock market. The S&P 500 was trying to bounce back from a losing streak, thanks to lower bond yields. This gave some relief to stocks, which had been suffering from rising yields despite the Federal Reserve's efforts to ease monetary policy.
Nvidia is making waves in India by teaming up with several major companies to bring its AI technology to the country. The U. S. -based chip designer has inked deals with big names like Reliance and Tech Mahindra. These partnerships aim to build infrastructure and develop AI models in Hindi, among ot
Taiwan Semiconductor Manufacturing Company (TSMC) has just hit a massive milestone by becoming the latest member of the $1 trillion club. This achievement comes as no surprise, given TSMC's dominant position in the semiconductor industry. TSMC is a foundry, meaning it manufactures chips designed by
