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This Single Nvidia Policy Keeps Me Hitting The Buy Button
24/7 Wall St.75d agobullish
This Single Nvidia Policy Keeps Me Hitting The Buy Button

I keep hitting the buy button on NVIDIA because of one policy decision, and I want to be blunt about it: the 25x quarterly dividend jump from $0.01 to $0.25 paired with a fresh $80 billion buyback authorization on top of the roughly $39 billion still remaining is the single clearest signal a management team ... This Single Nvidia Policy Keeps Me Hitting The Buy Button

Reuters75d agoneutral
Nvidia-backed startup Fireworks valued at $17.5 billion in latest funding

Nvidia-backed AI infrastructure startup Fireworks said on Thursday it raised $1.51 billion at a $17.5 billion valuation ‌to expand its engineering team and global compute ‌capacity. The Series D funding round was led by investment firms Atreides Management, Index ​Ventures and TCV. Participants included existing investors like Nvidia and Lightspeed Venture Partners.

Micron signs deals with Qualcomm, others for AI-powered automobile chip components
Reuters75d agoneutral
Micron signs deals with Qualcomm, others for AI-powered automobile chip components

Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer ‌Qualcomm and audio products maker Harman, to secure ‌memory and storage components that powers AI-enabled vehicles. The agreements come as ​the industry races to expand manufacturing capacity to meet the booming demand for memory chips due to the rapid adoption of AI tools. These chips are used in data ‌centers, consumer electronics ⁠and vehicles, where they support AI-enabled features such as ADAS and digital cockpits.