Retail traders sent almost $30 billion into Nvidia shares this year on balance, according to Vanda Research. It's the latest honor for the megacap tech stock, which has shown leadership within artificial intelligence that has dazzled both Wall Street and Main Street.

Broadcom estimates revenue from its three existing hyperscale customers will range from $60 billion to $90 billion in 2027, up from $12.2 billion in 2024. In other words, the company anticipates that custom AI chip sales will increase at least 70% annually in the next three years, but perhaps as quickly as 95% annually.

Palantir is a “rare cult with no sex and very little drugs and we’re not poisoning anyone,” quipped its billionaire CEO in a recent sitdown.

It’s been a record-breaking year for artificial intelligence darling Nvidia’s stock, with analysts overwhelmingly bullish about the year to come.

Live Updates Make sure to refresh this page periodically for updates. US Banks Planning to Sue the Fed 8:08 am One of the biggest reports premarket is that US banks are planning to sue the Federal Reserve over annual stress tests.

Nvidia is one of the most popular AI stocks right now because of its lead in the semiconductor space. The company's graphics processing units (GPUs) have been used in data centers for years, and once tech giants began competing for generative AI dominance, the chips were even more in demand.

Nvidia (NASDAQ: NVDA) has become one of the most profitable investments in recent memory. Of course, the rise of artificial intelligence (AI) is the major reason why Nvidia's stock price has done so well.

Nvidia is estimated to be paying $700 million for the Israeli AI company. The acquisition was originally announced in April.

The palm-sized Orin Nano is ideal for hobbyists and small companies looking to run AI applications locally, such as for use in industrial robots.

"I'm not chip supply constrained," Microsoft CEO Satya Nadella said in a recent interview. Nvidia stock has dropped 7% since the comments.

The Jetson Orin Nano Super Developer Kit is a powerful new platform that delivers generative AI 70% faster than its predecessor.

Apple and NVIDIA shared details of a collaboration to improve the performance of LLMs with a new text generation technique for AI.