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Bank of America Raises Nvidia Price Target, Says Shares Can Rise 40%

According to Bank of America, Nvidia could be poised for even more growth. Analyst Vivek Arya reiterated his Buy rating on the chip giant and increased his price target by $25 to $190. This corresponds to an increase of around 38.8% compared to the closing price on Thursday. That would add to the tremendous rally […]

By John Fenwick

October 21, 2024October 21, 2024

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Profit beats expectations as AI boom fuels 54% surge

In this photo illustration, a TSMC logo is displayed on the screen of a smartphone. Sopa pictures | Light rocket | Getty Images Shares of Taiwan Semiconductor Manufacturing Company, the world's largest maker of advanced chips, serving customers such as: Apple And Nvidiarose more than 10% Thursday morning after the company reported a 54% jump […]

By John Fenwick

October 17, 2024October 17, 2024

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Shares of chipmaker ASML plunge 15% after an early release warning of weaker sales in China

An ASML symbol is displayed on a smartphone and an ASML chip is visible in the background. Photo only | Photo only | Getty Images Shares in the semiconductor equipment manufacturer ASML fell 15.6% on Tuesday after the Dutch company reported results a day early. The move dragged other chip stocks lower, along with it […]

By John Fenwick

October 15, 2024October 15, 2024

ChatGPT maker Open AI raises .6 billion in venture capital

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ChatGPT maker Open AI raises $6.6 billion in venture capital

OpenAI announced Wednesday that it has raised $6.6 billion in venture capital investment as part of a broader exit from ChatGPT maker from its nonprofit roots. Led by venture capital firm Thrive Capital, the funding round was backed by tech giants Microsoft, Nvidia and SoftBank, according to a source familiar with the funding who was […]

By John Fenwick

October 3, 2024October 3, 2024

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Stock market today: live updates

A trader works on the floor of the New York Stock Exchange on September 4, 2024 in New York City. Michael M. Santiago | Getty Images Stock prices fell on Tuesday as the seemingly escalating situation in the Middle East dampened investor enthusiasm after a strong quarter. The Dow Jones Industrial Average fell 238 points […]

By John Fenwick

October 1, 2024October 1, 2024

Tag: NVIDIA Corp

Bank of America Raises Nvidia Price Target, Says Shares Can Rise 40%

Profit beats expectations as AI boom fuels 54% surge

Shares of chipmaker ASML plunge 15% after an early release warning of weaker sales in China

ChatGPT maker Open AI raises $6.6 billion in venture capital

Stock market today: live updates

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