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Nvidia shares fall 12% as Chinese AI startup DeepSeek triggers panic

Big technology stocks including Nvidia, Microsoft, Meta and Tesla fell sharply in pre-market trading on concerns that Chinese artificial intelligence startups could threaten America's dominance in AI. NVIDIA stock plummeted nearly 12% following reports about DeepSeek's capabilities. DeepSeek is a China-based startup that has been making waves in the industry since announcing its free, open […]

Nvidia CEO Jensen Huang will skip joining fellow tech moguls for Trump’s inauguration

Nvidia CEO Jensen Huang said Friday he will not attend President-elect Donald Trump's inauguration, choosing not to join several of his tech giants scheduled to arrive in Washington, D.C. . Instead, Huang said he will be “on the road” to celebrate Lunar New Year with employees and their families. Taiwan-born Huang's company has ridden the […]

Nvidia pushes back on Biden admin’s AI order

Landsberg Bennett Private Wealth Management CIO Michael Landsberg discusses his investment exposure to AI on Making Money. Tech giant Nvidia is pushing back against a new executive order from the Biden administration that prevents artificial intelligence (AI) technology developed in the United States from falling into the hands of hostile countries. The White House announced […]

Nvidia blasts Biden admin over ‘misguided’ AI chip restrictions, praises Trump

In an unusually public broadside on Monday, Nvidia criticized the Biden administration for introducing “misguided” rules restricting shipments of AI computer chips and praised President-elect Donald Trump. The semiconductor giant, which has ridden the AI ​​wave to become the world's most valuable company, objects to a last-minute rule announced Monday that would cap the number […]

Nvidia CEO: ‘The ChatGPT moment for general robotics is just around the corner’

Great Hill Capital Chairman Thomas Hayes joins Varney & Co to discuss NVIDIA's new product announcements and the outlook for the Magnificent Seven. Nvidia CEO Jensen Huang spoke Monday at the annual Consumer Electronics Show conference in Las Vegas, saying the artificial intelligence (AI) revolution is bringing breakthroughs in robotics. said. “The ChatGPT moment in […]

Nvidia shares jump after CEO Jensen Huang unveils new chips

Nvidia shares rose 1.7% to a new high on Tuesday after CEO Jensen Huang announced the company's next family of gaming chips and hinted that robotics technology is in full swing. In a keynote Monday night at CES in Las Vegas, a major technology trade show showcasing the latest gadgets, Huang announced the latest chips […]