Nvidia stock rose early Wednesday after President Donald Trump sent another signal to markets that artificial intelligence would be a priority under his new administration. The absence of Nvidia CEO Jensen Huang at the inauguration Monday stuck out as Big Tech CEOs thronged to the event.
Nvidia stock rose early Friday as investors digested a raft of mixed news over the past few days. Shares were up 0.2% to $147.54 in early trading. It closed almost flat Thursday after starting the day in the red as a fresh outlook from supplier SK Hynix cast doubt over future demand for its products.
President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by SoftBank (SFTBF) CEO Masayoshi Son and Oracle founder Larry Ellison, the returning President told reporters the initiative will invest $500 billion—equivalent to almost 2 percent of the annual U.
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
Paul Pelosi’s trades include purchase of shares of an artificial intelligence company that has seen its stock soar nearly 50% in the last week.
The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.
Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.
President Trump has announced an unprecedented $500 billion AI infrastructure initiative called the Stargate Project, partnering with tech giants.
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Nvidia's chief executive Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead be "on the road" celebrating the Lunar New Year with employees and their families.
Nvidia CEO Jensen Huang will reportedly won't attend US President-elect Donald Trump's inauguration on January 20 that will take place in Washington DC. Nvidia ranks into world's most valuable company with a market value exceeding $3 trillion.
US President Donald Trump has announced a $500 billion AI project called “Stargate” that will be led by ChatGPT creators OpenAI, SoftBank and Oracle.