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.
Elon Musk doesn’t miss an opportunity to take a dig at OpenAI — even when the news item in question is supposed to be favorable to President Trump. Just a few hours after yesterday’s White House presser on The Stargate Project wrapped up, Musk posted on X that “they don’t actually have the money.”
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.
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.
Electric carmaker Tesla ( TSLA) was another stock that rose on Monday ahead of Trump's return to the White House, closing the session 2% in the green. Tesla CEO Elon Musk is a close ally of Trump and has been appointed to co-lead the extra-governmental Department of Government Efficiency (DOGE).
Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy that’s created a spending bonanza.
Nvidia's market value dropped more than $500bn after the emergence of DeepSeek - a low-cost chatbot built by a Chinese AI firm.
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 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.