Nvidia stock has flatlined amid the competitive threat from Broadcom and other chip makers. But Meta Platforms is committing to purchases with the chip maker.
Shares of Meta (NASDAQ:META) and Nvidia (NVDA) climbed about on Wednesday morning after the social media giant announced plans to deploy millions of Nvidia chips across its U.S. AI data centers.
Meta is deepening its ties to Nvidia in a move that could further pressure Intel and AMD, even as AI demand remains strong.
Meta has expanded its partnership with chip manufacturer Nvidia, with plans to power its data centers with new stand-alone CPUs and next-generation GPUs, as well as privacy-centric data processing on ...
The days of tech giants buying up discrete chips are over. AI companies now need GPUs, CPUs, and everything in between.
The broad-based index climbed 0.56% to end at 6,881.31, while the Nasdaq Composite added 0.78% to close at 22,753.63. The Dow Jones Industrial Average rose 129.47 points, or 0.26%, and settled at ...
Meta Platforms is betting big on NVIDIA silicon as it builds the backbone for a new generation of AI data centers. NVIDIA said it has signed a "multiyear, multigenerational" deal with Meta to supply ...
Nvidia added positions in struggling rival Intel ( INTC ), chip design software maker Synopsys ( SNPS ), and Finnish telecom Nokia ( NOK ). Synopsys shares climbed about 6% in recent trading, while ...
Nvidia’s expanded partnership with Meta Platforms could be a bad omen for Intel.
Meta Platforms ' pledge to spend billions of dollars on Nvidia chips is a much-needed shot in the arm for the AI ...
Samsung has advanced LPDDR5X-PIM memory technology and commenced HBM4 mass production as it battles SK Hynix to regain its AI memory market leadership.
NVIDIA CEO Jensen Huang hints at revolutionary AI chips for GTC 2026 in San Jose, as Rubin and Feynman rumors intensify.