AI chip leader Nvidia (NASDAQ: NVDA) has delivered remarkable performance for investors, with a split-adjusted gain of about 2,470% over the past five years as the AI revolution has kicked into high gear.

AI researchers and data scientists. Nvidia announced Project DIGITS — a desktop AI supercomputer with the company’s latest Blackwell AI chip starting at $3,000 — to enable AI researchers and data scientists to work on AI models without tapping “Nvidia’s cutting-edge AI chips housed in data centers,” the Journal reported.

Nvidia sells graphics processing units (GPUs) that provide computing power for various uses. More than two decades ago, the main function was to support PC gaming. But what has put the business on the map in recent years has been its GPUs that enable training AI models in massive data centers, now representing the bulk of the chipmaker's sales.

AI chips sales drove Nvidia stock higher in 2024. Now Nvidia could be building out data centers to support a cloud-based AI software business.

BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.

Huang said he would do everything he can to help President-elect Donald Trump's administration succeed.

Discover how Nvidia Corporation's revenue soared in 2024, driven by hyperscaler investments in AI data centers, solidifying its dominance. Click for more on NVDA.

Nvidia's scale and ecosystem secure its AI chip leadership, even as rivals invest billions in market expansion

This popular ASX ETF had a stellar run in 2024. The post Why the Betashares Nasdaq 100 ETF (NDQ) had a smashing year in 2024 appeared first on The Motley Fool Australia.

The biggest US tech stocks have enjoyed an earnings bonanza in the past two years, leading to their significant outperformance of the broader market.

I believe quality analysis particularly in the tech sector can be hard to find. I highlight top calls from my firm's Forbes analyses during a strong year for AI

CES 2025 has come and gone. But it brought us a ton of intriguing new technologies to look forward to in the year ahead.