Nvidia stock pops more than 3% after previewing next-gen Rubin AI chip

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 61 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Jensen Huang News

Nvidia,Blackwell Ultra,Computex

Nvidia stock rose 3% Monday after the company announced its next-generation Rubin AI platform.

) ripped higher Monday after CEO Jensen Huang revealed details about the company's next AI chip platform during his keynote at theconference in Taipei, Taiwan, on Sunday. The new platform, called Rubin, is the successor to Nvidia's Blackwell platform, which it unveiled in March.

President and CEO of Nvidia Corporation Jensen Huang delivers a speech during the Computex 2024 exhibition in Taipei, Taiwan, Sunday, June 2, 2024. ) also announced its MI325X AI accelerator, saying it will come to market in Q4 this year, as well as its 5th-generation EPYC server processor. The company also revealed its MI350 series accelerator for 2025 and the MI400 for 2026.

Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...Royal Bank of Canada's dividend will be increasing from last year's payment of the same period to CA$1.42 on...

"I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," Cathie Wood said in defense of her firm selling shares.As the baby boomer generation enters retirement, a growing number of them face unexpected financial challenges that threaten their retirement security. Try This: Retired But Want To Work? Try These 10...There comes a time in all of our lives when we have to say goodbye to a family member or friend.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hikeNvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia stock pops 4% after earnings beat forecasts, announcing stock split and dividend hikeNvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom line, while raising its...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street ticks higher as Nvidia, GameStop and others leapNEW YORK (AP) — Most stocks are ticking higher as Wall Street approaches its recently set records. The S&P 500 was up 0.4% in early trading, coming off its sixth winning month in the last seven.
Source: SooToday - 🏆 8. / 85 Read more »

Why Nvidia's stock surge doesn’t bode well for the marketNormally, when Nvidia stock goes up, so does the market. That wasn't the case this past earnings season.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »