The superstar run for Nvidia’s stock the last few years has been astonishing.
Putnam County deputies helped save an unresponsive child. Then they found drugs, guns inside the home
Read full article: ‘It’s a punch in the gut’: Jacksonville refugee support organization faces uncertain future after executive orderFILE - A sign for a Nvidia building is shown in Santa Clara, Calif., May 31, 2023. – So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined.
Huang has dubbed AI “the next industrial revolution,” and Nvidia’s GPUs are designed to perform artificial intelligence tasks faster and more efficiently than general-purpose chips like CPUs. Tech giants are snapping up Nvidia chips as they wade deeper into AI — a movement that’s enabling cars to drive by themselves, and generating stories, art and music.
The company's stock price has similarly soared, and its total market value quickly passed rivals like Intel, Microsoft and others. Nvidia alone accounted for more than a fifth of all of the S&P 500 index's total return last year. No other stock came close, and it had more than triple Apple's impact. Some on Wall Street saw Monday's nearly 17% plunge for Nvidia's stock as an opportunity rather than a signal of pending doom, saying the stock became more affordable. If AI does become cheaper to run, it could open the door to new kinds of customers and software innovations that could ultimately help the industry in the long term.
Business Technology John Belton U.S. News Jensen Huang
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Nvidia faces a reckoning as an upstart rival raises questions about Wall Street's darlingThe superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. Nvidia became a household name as its stock more than tripled in 2023 and then more than doubled in 2024.
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Stock market today: Asian shares mostly rise after Wall Street rally led by NvidiaAsian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia. Benchmarks rose in early Tuesday trading in Japan, South Korea and Australia, while sliding in Hong Kong. U.S. indexes recover more of their holiday-season slide. The S&P 500 climbed 0.
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Stock market today: Asian shares mostly rise after Wall Street rally led by NvidiaAsian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia.
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Stock market today: Asian shares mostly rise after Wall Street rally led by NvidiaAsian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia.
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Nvidia's CES 2025 Presentation Sends Wall Street SoaringNvidia shares surged following CEO Jensen Huang's keynote at CES 2025, where he unveiled new gaming chips and highlighted the potential of physical AI.
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Tech Selloff Shakes Wall Street as Nvidia PlummetsA sharp decline in the technology sector, led by Nvidia's double-digit loss, marked the biggest drop in the S&P 500 tech sector since September 2020. While other sectors showed gains, the tech selloff overshadowed them, impacting the broader market and the net worth of tech industry titans. DeepSeek, a company claiming to have developed a competitive AI model at a fraction of the cost, emerged as a bright spot in the tech landscape.
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