Clicky

  • Login
  • Register
  • Submit Your Content
  • Contact Us
Sunday, June 29, 2025
World Tribune
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
Submit
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
No Result
View All Result
World Tribune
No Result
View All Result

Nvidia notches 5-day win streak as it hits record highs

June 28, 2025
in News
Reading Time: 2 mins read
A A
Nvidia notches 5-day win streak as it hits record highs
0
SHARES
ShareShareShareShareShare

READ ALSO

Tesla first driverless delivery new car to customer

Jeffrey Bland’s daily routine as the ‘father of functional medicine’

Jensen Huang, CEO of Nvidia, speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025.

Gonzalo Fuentes | Reuters

Nvidia stock rose for a fifth consecutive day Friday as the chipmaker notched fresh highs and investors shook off China concerns.

The rise in shares has helped the artificial intelligence chipmaking giant regain its seat as the most valuable company.

The stock is up 66% since hitting its 52-week low in early April. Its market capitalization last stood at about $3.8 trillion, putting it ahead of Microsoft and Apple. It gained more than 9% this week.

Wedbush Securities analyst Dan Ives estimated that both Nvidia and Microsoft will hit the $4 trillion market cap club this summer, and reach $5 trillion over the next 18 months.

Nvidia had a rough start to 2025 as fears of tariffs and China export controls on semiconductors dampened sentiment. Earlier this year, the Trump administration told Nvidia that it would need an export license to ship its H20 processors to China. The chip was introduced following rules shared by the Biden administration.

CEO Jensen Huang raised concerns about getting locked out of the massive $50 billion China market and said the changes effectively cut off sales without a “grace period.” He said Nvidia’s recent quarterly results would have been better if the company could sell chips in the world’s second-largest economy.

Nvidia held its annual shareholder meeting on Wednesday, where Huang called robotics the biggest opportunity for the chipmaker after AI. The company’s business unit, which includes automotive and robotics segments, reached $567 million in sales, or about 1% of revenues last quarter.

“We’re working towards a day where there will be billions of robots, hundreds of millions of autonomous vehicles and hundreds of thousands of robotic factories that can be powered by Nvidia technology,” he said.

Don’t miss these insights from CNBC PRO

Nvidia notches 5-day win streak as it hits record highs

Credit: Source link

ShareTweetSendSharePin
Previous Post

DarioHealth, GreenKey Health partner to expand sleep health program

Next Post

John Tavares staying in Toronto with Maple Leafs extension

Related Posts

Tesla first driverless delivery new car to customer
News

Tesla first driverless delivery new car to customer

June 29, 2025
Jeffrey Bland’s daily routine as the ‘father of functional medicine’
News

Jeffrey Bland’s daily routine as the ‘father of functional medicine’

June 28, 2025
When to pay someone else to do your laundry
News

When to pay someone else to do your laundry

June 28, 2025
Supreme Court limits judges’ power to halt Trump’s birthright citizenship order
News

Supreme Court limits judges’ power to halt Trump’s birthright citizenship order

June 27, 2025
Jeff Bezos -million Venice wedding: what we know
News

Jeff Bezos $50-million Venice wedding: what we know

June 27, 2025
Tesla head of manufacturing Omead Afshar fired by Elon Musk
News

Tesla head of manufacturing Omead Afshar fired by Elon Musk

June 27, 2025
Next Post
John Tavares staying in Toronto with Maple Leafs extension

John Tavares staying in Toronto with Maple Leafs extension

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What's New Here!

Qualcomm says its new AR1+ Gen 1 chip can handle AI directly on smart glasses

Qualcomm says its new AR1+ Gen 1 chip can handle AI directly on smart glasses

June 10, 2025
Andy Jassy is the perfect Amazon CEO for the Gen AI cost-cutting era

Andy Jassy is the perfect Amazon CEO for the Gen AI cost-cutting era

June 18, 2025
Ford CEO Jim Farley says Waymo’s approach to self-driving makes more sense than Tesla’s

Ford CEO Jim Farley says Waymo’s approach to self-driving makes more sense than Tesla’s

June 28, 2025
China and U.S. trade officials to hold talks in London

China and U.S. trade officials to hold talks in London

June 9, 2025
Majority of Fortune 500 companies are pursuing ‘blockchain initiatives’: Coinbase report

Majority of Fortune 500 companies are pursuing ‘blockchain initiatives’: Coinbase report

June 10, 2025
John Tavares staying in Toronto with Maple Leafs extension

John Tavares staying in Toronto with Maple Leafs extension

June 28, 2025
Global spirit makers face cocktail of challenges

Global spirit makers face cocktail of challenges

June 7, 2025

About

World Tribune is an online news portal that shares the latest news on world, business, health, tech, sports, and related topics.

Follow us

Recent Posts

  • Republicans face a possible make-or-break moment as Senate eyes key vote on Trump’s tax bill
  • Tesla first driverless delivery new car to customer
  • The horse race tragedy that united a family in heartbreak
  • Chief Justice Roberts warns against elected officials’ heated political words about judges

Newslatter

Loading
  • Submit Your Content
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2024 World Tribune - All Rights Reserved!

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food

© 2024 World Tribune - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In