Nvidia

The post Nvidia Stock Surges After Musk Spotlights Latest AI Milestone appeared first on Coinpedia Fintech News Elon Musk celebrated the initiation of training for xAI’s Memphis Supercluster in an X post. Elon Musk lauded Nvidia for the support extended toward this milestone. Following this, the Nvidia stock rose by 2.26% to $120.58 in the pre-market session. The Memphis Supercluster, a massive computing facility equipped with 100,000 of Nvidia’s H100 GPUs, is set to train the next version of xAI’s…

Toronto, Canada, July 11th, 2024, Chainwire INX, the regulated marketplace for trading security tokens and tokenized Real World Assets (RWA), proudly announces the listing of NVIDIA Corp (NVDA) shares on its platform. These tokenized shares, known as bNVDA, are backed one-to-one by NVIDIA shares, and issued on the Ethereum network in partnership with Backed. This initiative is designed for eligible non-US users, marking a significant advancement in the RWA market by bridging traditional financial assets with digital trading. The Future…

The post This AI Platform Has More Holders Than INJ, SUI, and FTM; Here’s Why Experts Call It Crypto Nvidia  appeared first on Coinpedia Fintech News The crypto market is buzzing with rapid developments and shifting trends, making it essential for investors to stay informed.  Among the rising stars is Algotech, an AI platform gaining significant traction. Experts are calling it the “Crypto Nvidia” due to its groundbreaking technology and widespread adoption. Remarkably, Algotech now boasts more holders than Injective…

Amid an overall market downtrend, crypto assets based on artificial intelligence (AI) have exhibited substantial gains, fueled by the AI frenzy permeating the traditional finance and crypto markets.  This surge has been further augmented by the continuous rally of tech company Nvidia, which recently claimed the world’s most valuable company title, with its soaring share price reaching an all-time high. Fetch.ai Rides Nvidia’s Success Nvidia’s stock, now valued at $3.34 trillion, has nearly doubled in price since the beginning of…

The post Nvidia Becomes The World’s Largest Company By Market Cap! appeared first on Coinpedia Fintech News Nvidia has become the World’s largest company by Market cap as it surged by 3.28%. It outpaced Microsoft to grab the top spot with its market cap soaring above $3.3 trillion. Apple stands third with a market cap of $3.279 trillion. This year, Nvidia made excellent gains posting better-than-expected Q1 2024 earnings with projected growth. The last 30 days have been bullish for…

Vancouver, Canada, June 11th, 2024, Chainwire ceτi AI is proud to announce an extended purchase agreement with Cedarcross International Technologies, Inc. for three additional high-performance computing (HPC) servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs, plus an option to purchase an additional 200 identical HPC servers. The agreement marks the completion of ceτi AI’s pilot-scale installation in British Columbia, and opens the door to a 25x expansion of the ceτi AI Global Infrastructure Network with additional GPU and…

The post Bitcoin to Outperform Nvidia, Say Analysts appeared first on Coinpedia Fintech News According to crypto executives, Nvidia’s (NVDA) last decade of outperforming Bitcoin (BTC) will not be repeated. Swan Bitcoin CEO Cory Klippsten and strategist Lyn Alden are inclined towards Bitcoin for the upcoming ten years. Nvidia returned 21,558% from May 2014 to May 2024, whereas Bitcoin did 13,048%. Additionally, Bitcoin outspaced Nvidia, profiting 31.7% vs. 30.2% since the ETF approval in January. Investment analyst Daniel Sempere Pico…

With the Nvidia earnings report smashing expectations as per usual, it might have been expected that crypto AI tokens surge on the news. None of it. Despite some positive price action going into the news announcement, crypto AI tokens generally experienced a drop in price. Nvidia earnings surpass expectations Nvidia is the darling of US stocks. One of the ‘magnificent 7’, $NVDA has been responsible for around 11% of the entire S&P 500 performance over the past year. Its eagerly…

The post Nvidia (NVDA) Set To Disclose Their Earnings Today: Expected To Report Approximately $25 Billion In Revenue For Q1! appeared first on Coinpedia Fintech News It is officially the Nvidia earning day. The third largest company is projected to report revenue of $24.5 Billion for Q1 2024, this highlights a massive growth of 241% Year-on-Year (YoY) when compared to $7.2 Billion during Q1 2023. The third largest company, Nividia had reported a revenue of just $2.2 Billion during Q1…