{ }
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
Jim Cramer advised investors to embrace market pullbacks as a natural part of trading, following a significant sell-off that saw major indexes decline. He likened the market to a garden, emphasizing that both growth and setbacks are essential. Cramer highlighted that recent declines present buying opportunities, urging investors not to miss the chance as prices may rebound quickly.
The Philadelphia Semiconductor Index (SOX), valued at $7500 billion, is heavily reliant on Nvidia, which accounts for 47% of the index's market cap at $3520 billion. Recent performance has been weak, and a potential correction in Nvidia could significantly impact the SOX index, indicating a fragile market position.
IG
Asia stocks are mostly rising following a Wall Street rally, with investors optimistic about lower interest rates as the U.S. Federal Reserve begins its easing cycle. The S&P 500 is up 24% year-to-date, while the "Magnificent Seven" tech stocks have seen significant gains. As the U.S. election approaches, Bank of America notes that political outcomes could impact specific market sectors, emphasizing the importance of stock selection over index investing. Meanwhile, crude oil prices have risen amid geopolitical tensions, despite a bearish supply-and-demand outlook. The IMF has lowered its global inflation projection, indicating a shift in focus for policymakers towards economic growth challenges.
Markets are bracing for a cautious week as uncertainties surrounding the upcoming US elections intensify, with Kamala Harris and Donald Trump in a tight race. Attention turns to Tesla's earnings, expected to show a revenue rise but a decline in EPS, while the Nasdaq 100 remains close to its record high, awaiting catalysts for further movement. Sector performances were mixed, with utilities leading gains and healthcare lagging due to disappointing profit guidance from UnitedHealth.
IG
Huawei Technologies' latest AI processor, the Ascend 910B, has been found to be manufactured by Taiwan Semiconductor Manufacturing Co. (TSMC), highlighting China's ongoing challenges in producing advanced chips domestically. This discovery was made by Canada-based research firm TechInsights during a teardown of Huawei's high-end AI accelerators.
Wall Street faced pressure as the Dow ended a three-session winning streak, influenced by rising 10-year Treasury yields and cautious Fed comments on interest rates. Notable earnings included strong performances from Danaher, GE Aerospace, and General Motors, while Apple is expected to guide below consensus for the December quarter. Meanwhile, Deckers Outdoor was downgraded due to concerns over growth moderation in its key brands.
Nvidia Corp. is set to announce its investment plans for Thailand during CEO Jensen Huang's visit to Bangkok in December, as the country emerges as a key location for AI data centers and component manufacturing in Southeast Asia. Thailand's Commerce Minister, Pichai Naripthaphan, confirmed the upcoming investment but did not disclose specific details or the amount.
The computer vision in healthcare market is projected to grow significantly, increasing from $1.51 billion in 2023 to $2.21 billion in 2024, with a CAGR of 47.1%. By 2028, it is expected to reach $10.63 billion, driven by advancements in predictive analytics and the rising prevalence of chronic diseases. Key players include NVIDIA, IBM, and Alphabet, with Europe currently leading the market while North America is anticipated to be the fastest-growing region.
Nvidia has partnered with healthcare startup Aidoc to launch the "Blueprint for Resilient Integration and Deployment of Guided Excellence" (BRIDGE), aimed at accelerating AI adoption in healthcare. Set for release in early 2025, the guideline will provide a comprehensive framework to enhance clinical workflows and patient outcomes, addressing challenges like fragmentation and scalability in existing systems. The initiative aligns with industry standards such as MONAI, promoting interoperability and efficiency in medical AI applications.
Nvidia has partnered with Aidoc to create the "Blueprint for Resilient Integration and Deployment of Guided Excellence" (BRIDGE), aimed at enhancing AI adoption in healthcare. This framework will provide guidelines for integrating AI into clinical workflows to improve patient outcomes, addressing challenges of interoperability and cohesion in the rapidly evolving AI landscape. With significant investments in healthcare AI, Nvidia seeks to expand its influence and support startups in effectively deploying AI solutions.

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.