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07.02.26 - 01:42
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Big Tech′s $650 Billion AI Plans Spark Chip Rally (Bloomberg)
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Nvidia shares soared Friday as investors snapped up shares of companies positioned to benefit from the vast sum of money that big technology firms have said they'll spend on artificial intelligence infrastructure this year. Amazon sparked the rebound after the technology giant said during an earnings call that it plans to spend $200 billion on data centers, chips and other equipment this year. All told, Amazon, along with Alphabet, Meta and Microsoft, are expected to shell out roughly $650 billion for AI tools in 2026, about 60% more than the prior year. Mark Mahaney, Senior Managing Director and Head of Internet Research at Evercore ISI, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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06.02.26 - 22:54
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NVIDIA Up Big to Close Out The Week (24/7 Wall St.)
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Nvidia Corporation (NASDAQ:NVDA) surged 72% on Friday, February 6, 2026, closing at $185 after opening at $176.69. The rally came on the back of three major catalysts that reinforced the AI chip leader's dominant position in the infrastructure buildout. The most immediate driver was Nvidia's $20 billion investment commitment to OpenAI, the company's largest startup ... NVIDIA Up Big to Close Out The Week
The post NVIDIA Up Big to Close Out The Week appeared first on 24/7 Wall St.....
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06.02.26 - 20:06
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Nvidia CEO sees digital twins driving robot surge in next decade (Digitimes)
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Nvidia CEO Jensen Huang recently highlighted that the next ten years will mark a critical period of accelerated development for robotics technology. He stated that the key to deploying humanoid robots effectively in factories lies in the deep integration of AI with digital twin technology....
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