NVIDIA

Nvidia chips supplier SK Hynix reported highest profit in 6 years amid AI Demand

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Nvidia chips supplier SK Hynix reported highest profit in 6 years

SK Hynix, a major supplier of memory chips for Nvidia, recently reported its highest quarterly profit in six years, driven by the surging demand for artificial intelligence (AI) technology. SK Hynix reported a 5.47 trillion won ($3.96 billion) operating profit for the April-June quarter, a stark contrast to the 2.9 trillion won loss a year Read more: Nvidia chips supplier SK Hynix reported highest profit in 6 years amid AI Demand..

Nvidia Stock gain 4.76% fueled Nasdaq jumped, S&P and Dow also ended higher

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Nvidia Stock gain 4.76% fueled Nasdaq jumped

US Stock Market Updates: On July 22, 2024, Nvidia’s stock (NVDA) saw a significant gain of 4.76%, closing at $123.54. This surge in Nvidia’s stock price played a crucial role in driving the Nasdaq Composite’s overall increase of 1.6% for the day. The rebound in Nvidia’s stock, along with gains in other large-cap technology stocks, Read more: Nvidia Stock gain 4.76% fueled Nasdaq jumped, S&P and Dow also ended higher..

Nvidia next-gen GPUs: Nvidia poised for new growth as of launch of Blackwell..!

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Nvidia poised for new growth as of launch of Blackwell

Nvidia’s next-generation GPUs, codenamed “Blackwell,” are expected to succeed the current RTX 40-series. While Nvidia has not officially announced a launch date, rumors and leaks suggest that the launch might be delayed until early 2025. About Nvidia’s next-generation GPUs that we know so far: Codename: Blackwell Expected Launch: Initially, the launch was rumored for Fall Read more: Nvidia next-gen GPUs: Nvidia poised for new growth as of launch of Blackwell..!..