Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span. But the landscape is now changing for the chipmaker.
President Trump is suspending some legal immigration programs that allowed people from certain countries to seek legal status in the U.S. through parole, according to a government memo. CBS News' Olivia Rinaldi reports.
Nvidia pushed back on the Biden administration's new executive order relating to overseas sales of advanced AI chips, saying it will undermine U.S. technological leadership.
Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
Silicon Valley and Washington leaders said the app shows China can challenge the U.S. The Nasdaq lost 3 percent and chipmaker Nvidia shed $589 billion in market capitalization.
Read: There goes 80% of the market. That's one reaction to new White House microchip rules. Expansion into services Nvidia is expanding its services to capture a larger share of AI infrastructure ...
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.
A deal was reached between Colombia and the U.S., both caught in a tense standoff when the country’s president refused a U.S. military deportation flight.
Losses accelerated on Monday as AI bellwether Nvidia ( NVDA) dropped more than 17%, leading a sell-off across the broader market after a new AI model from China's DeepSeek raised questions about AI investment and the rise of more cost-efficient artificial intelligence agents.
The rise in popularity of a high performing and cheaply built Chinese artificial intelligence (AI) model has shaken the confidence of investors, while raising larger questions about the future of
The tech-heavy Nasdaq Composite ( ^IXIC) sank nearly 3.5%, while the S&P 500 ( ^GSPC) dropped nearly 2%. The blue-chip Dow Jones Industrial Average ( ^DJI ), which is less dependent tech stocks, bucked the trend, rising 0.1%.