5 companies that could hit a $4 trillion market cap
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Nvidia shares were down 0.8% at $162.86 in premarket trading, in line with a slump in wider market futures. The stock rose 0.8% on Thursday and the company became the first to close above $4 trillion, cementing its position as the world’s most valuable by market capitalization.
Nvidia Corporation remains a top AI infrastructure pick despite risks, and Advanced Micro Devices offers tactical opportunity. Click for more on AMD and NVDA.
A Bloomberg analysis of documents and company filings show how China is building giant data centers in the desert to fuel its AI ambitions — and looking to buy 115,000 banned Nvidia chips to power them.
Nvidia stock trades at $164.10 after hitting a $4 trillion market cap. Analysts eye AI growth and China talks as next catalysts.
Plans for around three dozen data centers and more than 100,000 Nvidia chips to be deployed in the deserts in Xinjiang have been uncovered by Bloomberg.
China’s Huawei Technologies is plotting a fundamental redesign of its next artificial intelligence chip in a bid to seize market share from Nvidia. The Chinese tech giant is working on a new AI chip design that would allow its chips to be used for a wider array of AI development work than its
NVIDIA's upcoming B30 AI GPU made for China won't be sold before September, CEO Jensen Huang will visit China next week to prepare B30 for the country.
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Stacy Rasgon, Bernstein senior semiconductor analyst, joins 'Squawk Box' to discuss Nvidia's rally to a $4 trillion market cap, the ban on sales to China and what's next for the semiconductor sector.