[ad_1] Niranjan Hiranandani-backed Yotta has made India’s largest bet yet on the promise of AI. This month, the data centre company received the first of more than 4,000 H100 chips that Yotta ordered from Nvidia. The beefy graphics processing units run $30,000-40,000 each.Yotta CEO and co-founder Sunil Gupta is set to offer Nvidia’s chips, the…
[ad_1] Nvidia is on its way to becoming the first semiconductor firm with a $2-trillion valuation, another milestone in its ascendancy as the biggest beneficiary of a rush into AI-related stocks over the past year.The chipmaker‘s shares rose 5% on Friday after closing at a $1.96 trillion valuation in the previous session. The gain will…
[ad_1] Nvidia Corp’s blowout earnings report lifted shares and assured the market that artificial intelligence mania is still going strong. It might also make the stock look cheaper.All eyes were on the chipmaker’s guidance for signs about the strength of the AI market, and Nvidia didn’t disappoint. With the numbers now in, bulls are swiftly…
[ad_1] The S&P 500 soared to a record high close for the first time in two years on Friday, marking the start of a bull market since October 2022. The climb was led by a robust rally in chipmakers and tech giants, reflecting investor optimism around artificial intelligence and robust corporate earnings.Chipmakers lead the charge:…