Nvidia confirms $3.5 billion MediaTek investment in expanded AI partnership
Nvidia and MediaTek confirmed Monday that Nvidia has put $3.5 billion into MediaTek convertible bonds, putting an official number on…
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Nvidia reportedly acquires Hugging Face in defensive move, DA Davidson says
Nvidia has reportedly acquired Hugging Face, the AI model hub and open-source tools platform, according to DA Davidson. Analysts frame…
David Tepper’s Appaloosa Sells Entire SanDisk Stake, Rotates Into Amazon and Nvidia
David Tepper's Appaloosa Management sold its entire SanDisk stake in the second quarter, cashing out after the stock's sharp run-up,…
Magnificent Seven ETF Trails S&P 500 as Tesla’s Slide Weighs on the Group
The Roundhill Magnificent Seven ETF is up only 5% year to date, trailing the S&P 500 and Nasdaq Composite. Tesla's…
Nvidia’s Guidance Puts It on Track for $1 Trillion in Annual Revenue
Nvidia's second-quarter results and guidance have put it on the doorstep of becoming the first company in history to generate…
