{ }
Symbol NVDA
Name NVIDIA Corporation
Currency USD
Sector Information Technology
IndustryGroup Semiconductors & Semiconductor Equipment
Industry Semiconductors & Semiconductor Equipment
Market NASDAQ Global Select
Country United States
State CA
City Santa Clara
Zipcode 95051
Website http://www.nvidia.com
Chinese autonomous driving startup Deeproute.ai has secured $100 million in funding, led by Great Wall Motor, while highlighting its collaboration with Nvidia. The company, which utilizes Nvidia's Orin chip and will soon adopt the Thor chip, aims to enhance its driver-assist systems without relying on high-definition maps. Deeproute currently operates in over 20,000 vehicles and anticipates significant growth in the coming year.
Intel has been removed from the Dow Jones Industrial Average due to its plummeting stock price, replaced by Nvidia, which has surged to become the second most-valuable public company. This change enhances the representation of the semiconductor sector in the index, which now includes four of the six trillion-dollar tech companies. Nvidia's entry, alongside Sherwin-Williams replacing Dow Inc., will adjust the technology sector's weighting to approximately 19.5%.
Nvidia's inclusion in the Dow Jones Industrial Average marks a significant milestone for the chipmaker, reflecting its growing influence in the tech sector. Historically, such inclusions can enhance a company's visibility and attract more investment, potentially driving stock performance. This move underscores Nvidia's pivotal role in the evolving landscape of technology and finance.
Nvidia is set to join the Dow Jones Industrial Average, marking a significant milestone for the chipmaker following its recent stock split. As the 21st most-expensive stock in the index, Nvidia is expected to have a notable influence, with an estimated daily movement of around $4.40, ranking it as the eighth-largest contributor based on share price and volatility. This addition underscores the evolving dynamics of price-weighted indexes in the context of modern trading practices.
The edge computing in healthcare market is projected to grow from $3.81 billion in 2023 to $10.60 billion by 2028, driven by the rise of telehealth services, wearable health technology, and the need for real-time data processing. Key players like Nvidia are innovating with AI platforms to enhance patient outcomes and operational efficiency. Major trends include the integration of AI, expansion of the Internet of Medical Things, and advancements in virtual healthcare services.
SK Hynix is expediting the release of its next-generation AI memory chips, following a request from Nvidia CEO Jensen Huang to provide samples six months earlier than planned. This move highlights the ongoing global demand for advanced semiconductors, particularly high-bandwidth memory chips (HBM4). Huang's focus on speed has been a key factor in his leadership success, as noted by SK Group Chairman Chey Tae-won during the SK AI Summit in Seoul.
The high-performance computing (HPC) market is experiencing significant growth, particularly in North America, which dominated with a market size of USD 20.40 billion in 2023, driven by technological innovation and strategic investments. Asia Pacific is projected to see the highest growth rate due to increased data centers and government investments, while the Middle East & Africa focuses on digital transformation across various sectors. Key industry players are expanding through partnerships and product innovations to enhance AI and machine learning capabilities.
Becton, Dickinson and Company (BDX) is positioned among the most promising medical stocks as the global medical devices market, valued at $570 billion in 2022, is projected to grow at a CAGR of 5.8% to over $996.93 billion by 2032. Key growth drivers include rising demand for advanced treatments and ongoing technological innovations. The sector's significance is underscored by its employment of over 329,000 people and a payroll of $25.8 billion in 2020, while AI advancements are transforming patient care and diagnostics.
GE Healthcare Technologies Inc. (NASDAQ:GEHC) is positioned among the most promising medical stocks as the global medical devices market, valued at $570 billion in 2022, is projected to grow at a CAGR of 5.8% to over $996.93 billion by 2032. Key growth drivers include rising demand for advanced treatments and ongoing technological innovations. The integration of AI in healthcare, exemplified by NVIDIA and Medtronic's collaboration, is transforming patient monitoring and diagnosis, highlighting the sector's evolution.
Nvidia will replace Intel on the Dow Jones Industrial Average next week, marking a significant shift in the semiconductor industry. This change highlights Intel's struggles, as its shares have plummeted 54% this year, while Nvidia's stock has surged seven-fold due to its pivotal role in generative AI technologies. Sherwin-Williams will also join the index, further emphasizing the evolving landscape of the market.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.