Nvidia: An Obvious Project Stargate Beneficiary - It's Good To Be King
President Trump's support for AI boosts Nvidia's position, with Project Stargate driving growth in data centers and the Blackwell chip powering next-gen AI. Read more here.
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."
SoftBank CEO Masayoshi Son will lead massive $500 billion Stargate project with OpenAI’s Sam Altman and Oracle’s Larry Ellison
OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.
Beyond Oracle and Nvidia, these stocks and sectors can benefit from the Stargate AI venture
As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged. Companies such as Oracle Corp.
Nvidia Stock Rises to End a Big First Week Under Trump for AI. Stargate Optimism Persists.
Nvidia stock rose modestly early Friday as investors digested a raft of mixed news over the past few days. Shares were up 0.1% to $147.34 in premarket trading. It closed almost flat Thursday after starting the day in the red as a fresh outlook from supplier SK Hynix cast doubt over future demand for its products.
Nvidia Just Became the World's Most Valuable Company. Is It Too Late to Buy the Stock?
The past few years have been undeniably profitable for Nvidia ( NVDA 4.43%) investors. The stock price has surged more than sevenfold over the past two years, and today, it topped the charts as the world's most valuable company in terms of market cap. The stock was up as much as 4.7% Wednesday morning. At 12:32 p.m. ET, the stock was still up 4.1%.
OpenAI and Softbank are starting a $500 billion AI data center company
SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday
Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.
Nvidia, tech stocks rally after Trump announces $500 billion Stargate AI project
Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded by Oracle,
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
SoftBank veteran hunts for profits in payments infrastructure plumbing
Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking and blockchain tech. Akshay Naheta, a former SoftBank dealmaker, builds new-age pipes to modernize global payment networks.
Nvidia Partner SK Hynix’s Profit Fails to Impress AI Chip Bulls
SK Hynix Inc. reported a record quarterly profit after the company extended its lead in advanced memory chips for datacenters and artificial intelligence development.Most Read from BloombergTexas HOA