Nvidia Stock Falls Despite Stargate. Why SK Hynix Is Weighing on Chip Makers.
Nvidia stock reversed course Thursday after rallying earlier this week on the back of President Trump’s announcements on artificial intelligence. Investors had been worried about a slow rollout of the company’s advanced Blackwell chips but a flagship $500 billion AI plan is soothing those fears.
Nvidia Stock Falls. Why Stargate Will Soothe Blackwell AI Chip Fears.
Shares of Nvidia (NASDAQ: NVDA) and Vistra (NYSE: VST) have surged 860% and 700%, respectively, since the beginning of 2023. Both companies have benefited from the artificial intelligence (AI) boom despite operating in very different parts of the economy. Tepper sold 65,000 shares of Nvidia, reducing his position by 9%.
Nvidia, tech stocks rally after Trump announces $500 billion Stargate AI project
Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded by Oracle,
Nvidia Is World’s Most Valuable Company Again. How Stargate and Trump Helped the Stock.
Nvidia stock rose early Wednesday after President Donald Trump sent another signal to markets that artificial intelligence would be a priority under his new administration. The absence of Nvidia CEO Jensen Huang at the inauguration Monday stuck out as Big Tech CEOs thronged to the event.
How Stargate Partners Oracle, Open AI, Nvidia And Softbank Aim To Transform Healthcare
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative
President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work ...
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
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What is The Stargate Project? OpenAI’s new company explained
OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...
Trump, tech titans unveil $500B Stargate AI investment plan. Could Utah be in the mix?
Utah is among the fastest-growing data center markets in the country thanks to business climate, ‘attractive’ tax breaks ...
Stock Market Today: Stargate Lifts Oracle And Nvidia; Nasdaq Laps Other Indexes (Live Coverage)
Artificial intelligence (AI) stocks have been some of the best investments to be holding in recent years. Chipmaker Nvidia ...
Project Stargate potentially adds growth runway for Nvidia beyond 2026, says UBS
Project Stargate, an AI infrastructure project announced Tuesday by the Trump administration that will invest $500B in U.S. infrastructure over ...
Quantum Stocks Are Another Stargate Winner. How the Technology Will ‘Make AI Better.’
Artificial intelligence stocks are in the spotlight following President Trump’s announcement of an AI infrastructure ...