Asian chipmakers, tech stocks rally as TSMC touts AI demand
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- Wall Street sinks as Nasdaq falls over 2% on AI cost worries
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Oil hits five-month high as Houthi attacks stoke supply fears
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
NVIDIA (NVDA) Mentioned Positively at Melius, 'stand-alone software revenue is at a $1B run rate right now but it could be at a $3B'
January 22, 2024 6:31 AM ESTNVIDIA (NASDAQ: NVDA) Mentioned Positively at Melius.
The analyst comments "Nvidia launched DGX Cloud in 3/23 to give "every enterprise instant access to AI Supercomputer from a browser" on leading clouds for a cost of $36,999 per instance per month. Amgen, CCC Intelligent Solutions and... More
Meta Platforms' (META) Zuckerberg hints company is spending billions on NVIDIA (NVDA) AI chips
January 19, 2024 8:46 AM ESTMeta Platforms (NASDAQ: META) is said to be spending billions of dollars on NVIDIA's (NASDAQ: NVDA) computer chips as part of the company's AI efforts.
Mark Zuckerberg revealed in an Instagram post Friday that the company is building... More



