Nvidia's Blackwell bucks, Huawei's chips, and AI agents: AI news roundup

Britney Nguyen
·4-min read
Graphic: Images: Kyodo, Justin Sullivan, David Zalubowski, David Zalubowski
Graphic: Images: Kyodo, Justin Sullivan, David Zalubowski, David Zalubowski

Nvidia reported fiscal third-quarter revenues this week that went beyond Wall Street’s expectations. Guidance for the next quarter, however, left some investors unimpressed, sending the chipmaker’s shares down slightly on Thursday. The company said its highly anticipated Blackwell artificial intelligence chips are in full production and shipping to customers.

Read about this and more in this week’s AI news roundup.

Nvidia is in for larger beats as Blackwell rolls out, analysts say

Nvidia CEO Jensen Huang delivers a speech in Tokyo, Japan on November 13, 2024. - Photo: Kyodo (AP)
Nvidia CEO Jensen Huang delivers a speech in Tokyo, Japan on November 13, 2024. - Photo: Kyodo (AP)

Despite Nvidia’s (NVDA) modest guidance for its fiscal fourth quarter, analysts are anticipating larger earnings beats on strong demand for its new artificial intelligence platform.

Read More

Nvidia stock continues post-earnings fall after slight recovery

Nvidia headquarters on May 21, 2024 in Santa Clara, California. - Photo: Justin Sullivan (Getty Images)
Nvidia headquarters on May 21, 2024 in Santa Clara, California. - Photo: Justin Sullivan (Getty Images)

Nvidia’s (NVDA) shares made a slight recovery at the market open on Thursday, before reversing and continuing its fall during the morning.

Read More

Nvidia beat third-quarter expectations as tech world welcomes Blackwell

Nvidia CEO Jensen Huang at SIGGRAPH 2024 on July 29, 2024 in Denver, Colorado. - Photo: David Zalubowski (AP)
Nvidia CEO Jensen Huang at SIGGRAPH 2024 on July 29, 2024 in Denver, Colorado. - Photo: David Zalubowski (AP)

Nvidia’s (NVDA) fiscal third-quarter revenues beat Wall Street’s expectations for another straight quarter at a record $35.1 billion — up 94% from a year ago.

Read More

Investors want to see a ‘bullish’ Nvidia in its earnings, analyst says

Nvidia CEO Jensen Huang at SIGGRAPH 2024 on July 29, 2024 in Denver, Colorado. - Photo: David Zalubowski (AP)
Nvidia CEO Jensen Huang at SIGGRAPH 2024 on July 29, 2024 in Denver, Colorado. - Photo: David Zalubowski (AP)

After reporting record earnings for its fiscal second quarter on Aug. 30, Nvidia’s (NVDA) shares tumbled after investors were left unimpressed by its guidance for the fiscal third quarter.

Read More

An AI CEO was arrested for defrauding investors — and allegedly using the money to pay for her wedding

Photo: AllHere
Photo: AllHere

The founder of an AI startup once featured on Forbes’ “30 Under 30” list was charged Tuesday with defrauding investors.

Read More

Microsoft has a sneak peek of Nvidia’s hot new AI chips

Microsoft CEO Satya Nadella at the Microsoft Ignite conference on November 19, 2024 in Chicago, Illinois. - Photo: Charles Rex Arbogast (AP)
Microsoft CEO Satya Nadella at the Microsoft Ignite conference on November 19, 2024 in Chicago, Illinois. - Photo: Charles Rex Arbogast (AP)

Another Nvidia (NVDA) customer is ready to launch the chipmaker’s highly-anticipated artificial intelligence platform for its Azure cloud computing service.

Read More

Huawei’s advanced chips are taking a hit from U.S. sanctions

People sit on the steps outside a Huawei store on November 16, 2024 in Shenzhen, Guangdong Province, China. - Photo: Cheng Xin (Getty Images)
People sit on the steps outside a Huawei store on November 16, 2024 in Shenzhen, Guangdong Province, China. - Photo: Cheng Xin (Getty Images)

China’s answer to being banned from Nvidia’s (NVDA) artificial intelligence chips is reportedly being stalled by U.S. trade restrictions.

Read More

Nvidia earnings dropped Wednesday. Here’s what Wall Street expected

Nvidia CEO Jensen Huang delivers a speech in Tokyo, Japan on November 13, 2024. - Photo: Kyodo (AP)
Nvidia CEO Jensen Huang delivers a speech in Tokyo, Japan on November 13, 2024. - Photo: Kyodo (AP)

Chip design leader Nvidia (NVDA) reported earnings for the fiscal third quarter on Wednesday. Here’s our coverage from earlier in the week on Wall Street’s expectations.

Read More

How AI is upending how hedge funds pick stocks

kinjavideo-197367

Move over chatbots, AI agents are the next big thing. What are they?

An illustration of an AI robot surrounded by speech bubbles. - Illustration: Malorny (Getty Images)
An illustration of an AI robot surrounded by speech bubbles. - Illustration: Malorny (Getty Images)

A future where everyone has an artificial intelligence-powered assistant might not be too far off.

Read More

Marc Benioff is ‘absolutely blown away’ by Google’s new Gemini AI voice assistant

Marc Benioff at A Year In TIME at The Plaza Hotel on December 12, 2023 in New York City. - Photo: Mike Coppola/Getty Images for TIME (Getty Images)
Marc Benioff at A Year In TIME at The Plaza Hotel on December 12, 2023 in New York City. - Photo: Mike Coppola/Getty Images for TIME (Getty Images)

Google’s (GOOGL) new artificial intelligence-powered voice assistant has at least one tech chief as a fan.

Read More

Nvidia had problems with its hot new AI chip ahead of earnings

Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, D.C. - Photo: Chip Somodevilla (Getty Images)
Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, D.C. - Photo: Chip Somodevilla (Getty Images)

After facing delays for its new Blackwell artificial intelligence chips, Nvidia (NVDA) reportedly has a new problem — one that has its customers worried.

Read More

The ‘consumer AI revolution’ will be powered by Big Tech’s most familiar products

Photo: Jaap Arriens/NurPhoto (Getty Images)
Photo: Jaap Arriens/NurPhoto (Getty Images)

Big Tech wants to put artificial intelligence in your pocket, your palms, and your home.

Read More

For the latest news, Facebook, Twitter and Instagram.

Latest stories

  • ‘The mother of all bubbles’ in the U.S. is sucking money away from the rest of the world, market expert says

    “Awe of ‘American exceptionalism’ in markets has now gone too far,” said Ruchir Sharma, chair of Rockefeller International.

  • Boutique bank Raine to shut HK base, offers staff Singapore move

    Raine Group plans to close its Hong Kong office and is offering the staff to relocate to Singapore as the New York-based boutique adviser seeks to consolidate its operations in Asia, according to people with knowledge of the matter.

  • Warren Buffett: 6 Ways To Invest Tiny Sums of Money

    If you're looking for inspiration when it comes to investing principles, you would be hard-pressed to find a better blueprint than Warren Buffett's strategy. The "Oracle of Omaha" has sage advice for...

  • BYD on track to top 2024 sales goal and outsell Ford, Honda

    China's top electric vehicle maker BYD gained market share as the world's largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and overtake Ford and Honda. Aided by robust sales in China, BYD is on course to top its annual sales target of 4 million vehicles, which would put it ahead of Japan's Honda and Detroit-based Ford for 2024.

  • I’m a Financial Planner: Here Are 5 Things You Should Never Spend Money On If You Want To Be Rich

    If you're not rich, you may wonder how you can get rich at various intervals of your life. Building long-term wealth generally means making smart decisions with your finances like investing...

  • 3 Reliable Dividend Stocks To Consider For Your Portfolio

    In a week marked by record highs in major U.S. stock indexes and mixed performances across sectors, investors are keeping a close eye on economic indicators and potential interest rate cuts as they navigate the current market landscape. With growth stocks outperforming their value counterparts significantly, many are considering dividend stocks as a stable component of their portfolios amidst the ongoing volatility. Amid these dynamic conditions, reliable dividend stocks can offer consistent...

  • Gold hits 2-week high on China buying, Fed rate cut expectations

    Gold prices hit two-week highs on Monday, climbing more than 1% on renewed buying of the metal by China's central bank following a six-month hiatus, with bullishness increased by anticipation of a U.S. Federal Reserve interest rate cut next week. Spot gold gained 1.1% to $2,662.98 per ounce, as of 01:41 p.m. ET (1841 GMT). "The most important factor is news that People's Bank of China reported that it again resumed its gold purchases ... the market is getting hopeful that we could see other central banks follow suit and we could see a resumption of record territory buying," said Bart Melek, head of commodity strategies at TD Securities.

  • High Growth Tech Stocks To Watch In December 2024

    As global markets navigate a mixed landscape, with major U.S. indices like the S&P 500 and Nasdaq Composite reaching record highs while the Russell 2000 Index sees a decline, growth stocks have notably outperformed value stocks by a significant margin. This environment highlights the potential of high-growth tech companies, which often thrive in conditions where innovation and adaptability are key drivers of success amidst fluctuating economic indicators and geopolitical developments.

  • Robert Kiyosaki: Why Saving Money Is the Wrong Way To Prepare for Retirement

    Robert Kiyosaki, the bestselling author of "Rich Dad Poor Dad," has argued -- against conventional wisdom -- that "the historical advice to 'save' is no longer a sufficient way to prepare for...

  • Factbox-What is the UnitedHealthcare business that was led by slain CEO Brian Thompson?

    NEW YORK (Reuters) -Brian Thompson, the CEO of UnitedHealth's insurance unit, was fatally shot in midtown Manhattan last week in what police described as a targeted attack by a masked assailant lying in wait just before the parent company's annual investor conference at a Hilton Hotel. Authorities arrested Luigi Mangione, 26, in Altoona, Pennsylvania, in connection with the shooting on Monday. Mangione was found with a "ghost gun" - a firearm assembled from parts, making it untraceable - and a silencer consistent with the weapon used to shoot Thompson, New York City Police Commissioner Jessica Tisch said.

  • Global Lithium Resources And 2 Other ASX Penny Stocks To Consider

    As the Australian market braces for the Reserve Bank of Australia's latest rate decision, investors are keeping a close eye on potential shifts in economic policy. Amidst these broader market dynamics, penny stocks remain an intriguing investment area, offering affordability and growth potential through smaller or newer companies. Despite being considered an outdated term by some, penny stocks continue to hold relevance as they can provide opportunities for significant returns when backed by...

  • 3 Growth Companies With High Insider Ownership And Earnings Growth Up To 74%

    In a week marked by mixed performances across global markets, growth stocks have notably outpaced their value counterparts, driven by strong gains in sectors like consumer discretionary and information technology. This environment highlights the potential of growth companies with substantial insider ownership, as such alignment can often signal confidence in long-term earnings prospects and strategic direction.

  • Those who invested in Grand Venture Technology (SGX:JLB) five years ago are up 136%

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...

  • Vistra (NYSE:VST) delivers shareholders fantastic 103% CAGR over 3 years, surging 3.8% in the last week alone

    Generally speaking, investors are inspired to be stock pickers by the potential to find the big winners. You won't get...

  • Insider Buys Additional US$155k In Clearfield Stock

    Potential Clearfield, Inc. ( NASDAQ:CLFD ) shareholders may wish to note that the Independent Chairman of the Board...

  • Super Micro Computer stock jumps after Nasdaq extension on listing rules

    Investing.com -- Super Micro Computer (NASDAQ:SMCI) announced on Friday that it has received an extension from Nasdaq, giving the company until February to resolve its compliance issues and maintain its listing.

  • Ashtead Group plc (LON:AHT) is favoured by institutional owners who hold 88% of the company

    Key Insights Institutions' substantial holdings in Ashtead Group implies that they have significant influence over the...

  • Is There An Opportunity With Carvana Co.'s (NYSE:CVNA) 27% Undervaluation?

    Key Insights The projected fair value for Carvana is US$346 based on 2 Stage Free Cash Flow to Equity Carvana is...

  • Year-in-Review: The 5 Best-Performing Stocks of 2024

    Here are the five best-performing stocks this year. The post Year-in-Review: The 5 Best-Performing Stocks of 2024 appeared first on The Smart Investor.

  • Dollar General (NYSE:DG) Is Paying Out A Dividend Of $0.59

    Dollar General Corporation ( NYSE:DG ) has announced that it will pay a dividend of $0.59 per share on the 21st of...