The potential impact of a Trump presidency on Nvidia’s stock remains uncertain. While Nvidia has become synonymous with the broader market’s trajectory, even before its inclusion in the Dow Jones Industrial Average, there is limited information available regarding former President Trump’s stance on the company or its CEO, Jensen Huang. An analysis of Trump’s posts […]
Micron Technologies posted a remarkable 93.3% year-over-year revenue increase for its fiscal fourth quarter of 2024, reaching $7.75 billion and exceeding analyst expectations by $100 million. The boost came largely from its high-bandwidth memory (HBM) chips, which are specifically designed for AI applications like computer vision, natural language processing (NLP), and machine learning (ML), significantly […]
Nvidia’s downward trend continues as the U.S. Department of Justice reportedly issued subpoenas to the AI chip giant and other companies in a probe over potential antitrust concerns. Nvidia shares slipped slightly overnight after a sharp drop in Tuesday’s trading session. The DOJ had previously sent out questionnaires, but the recent subpoenas signal an escalation […]
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