Sunday, August 3, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Nvidia’s ‘Insane’ AI Chip Demand Leads to Record Share Price

by SB Crypto Guru News
October 15, 2024
in NFT
Reading Time: 1 min read
0 0
A A
0


Nvidia is the second most valuable company in the world, with a market cap of over $3 trillion. At market close on Monday, shares of the AI chipmaker hit an unprecedented high of $138.07 before falling to $131.32 at the time of writing.

Nvidia’s performance is tied to strong demand for its AI chips. Nvidia CEO Jensen Huang stated recently that demand for Nvidia’s Blackwell AI chip is “insane” and “everybody wants to have the most.” Nvidia expects to ship enough of the new chip to make several billion dollars.

Nvidia was briefly on the edge of unseating Apple as the most valuable company in the world on Monday. Last week, Nvidia shares grew by $400 billion in five days, more than the entire market cap of Costco.

Related: Employees Who Worked at This Company for the Past 5 Years Are Now Multi-Millionaires in ‘Semi-Retirement’

Huang also said last month that demand was his biggest worry, or what kept him up at night.

“We have a lot of people on our shoulders, and everybody is counting on us,” he said, adding that having access to Nvidia’s technology was a “really emotional” point for the company’s clients.

Nvidia counts the biggest tech players among its clients: Amazon, Meta, Microsoft, and Google contribute to more than 40% of its revenue. Nvidia’s earnings beat analyst expectations last quarter, with revenue growing 122% year-over-year, the fourth quarter in a row of growth over 100%.

Related: Nvidia’s Profits More Than Doubled, but Traders Are Still ‘Shrugging.’ Here’s Why According to a Market Expert.



Source link

Tags: Bitcoin NewsChipCrypto NewsCrypto UpdatesDemandInsaneLatest News on CryptoLeadsNvidiasPricerecordSB Crypto Guru NewsShare
Previous Post

Analyst Breaks Down The Movements And Why It’s So

Next Post

Art Under Surveillance: Ripcache’s Radical Take at Bitcoin Amsterdam

Related Posts

Boost Team Productivity and Security With Windows 11 Pro, Now  for Life

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

by SB Crypto Guru News
August 2, 2025
0

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase...

OpenAI’s Latest Move Is a Game Changer — Here’s How Smart Solopreneurs Are Turning It Into Profit

OpenAI’s Latest Move Is a Game Changer — Here’s How Smart Solopreneurs Are Turning It Into Profit

by SB Crypto Guru News
August 2, 2025
0

Opinions expressed by Entrepreneur contributors are their own. Most solopreneurs are using AI like a digital notepad — but OpenAI's...

Smithsonian museum removes label referencing Trump impeachments – The Art Newspaper

Smithsonian museum removes label referencing Trump impeachments – The Art Newspaper

by SB Crypto Guru News
August 1, 2025
0

The Smithsonian’s National Museum of American History in Washington, DC, has removed a label referring to US President Donald Trump’s...

What Top Founders Know About Domains That Most Entrepreneurs Miss

What Top Founders Know About Domains That Most Entrepreneurs Miss

by SB Crypto Guru News
August 1, 2025
0

Opinions expressed by Entrepreneur contributors are their own. As a founder who has invested $1 million in a domain, I...

Arts Council England announces changes to funding plans amid independent review – The Art Newspaper

Arts Council England announces changes to funding plans amid independent review – The Art Newspaper

by SB Crypto Guru News
August 1, 2025
0

Arts Council England (ACE) has this week announced changes to its investment programme as part of an overhaul under the...

Load More
Next Post
Art Under Surveillance: Ripcache’s Radical Take at Bitcoin Amsterdam

Art Under Surveillance: Ripcache’s Radical Take at Bitcoin Amsterdam

Coinbase Intensifies Legal Push for SEC's Views on Ethereum

Coinbase Intensifies Legal Push for SEC's Views on Ethereum

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.