Nvidia posts record revenue of $81.6B, shares fall 1.6% in after-hours trading

The shift towards custom AI chips by major cloud providers signals a strategic move to reduce reliance on Nvidia, reshaping the AI infrastructure landscape. The post Anthropic in talks to rent Microsoft-designed AI server chips appeared first on Crypto Briefing.

Baird's bold Nvidia target suggests sustained AI demand could reshape tech investment strategies, impacting both traditional and crypto markets. The post Baird raises Nvidia price target to $500 following Q1 earnings appeared first on Crypto Briefing.

Nvidia's central role in AI infrastructure growth highlights its potential to drive tech sector trends, but regulatory and competitive risks persist. The post Analysts raise Nvidia price targets as AI infrastructure demand accelerates appeared first on Crypto Briefing.

Nvidia's AI infrastructure investments could redefine global computing, but success hinges on sustained demand and overcoming potential regulatory and competitive challenges. The post Nvidia tells investors AI is ready for mainstream adoption appeared first on Crypto Briefing.

Walmart's revenue rise highlights consumer strain, signaling potential impacts on discretionary spending and broader economic stability. The post Walmart reports 7.3% revenue rise, warns of consumer pressure from rising costs and fuel prices appeared first on Crypto Briefing.

Investor focus on AI, retail, and space highlights market volatility and concentration risks, with AI spending as a pivotal market driver. The post IBM, Walmart, Rocket Lab, Nvidia among biggest premarket movers appeared first on Crypto Briefing.

Nvidia's capital return strategy may attract diverse investors, stabilize stock volatility, and highlight its competitive edge in AI dominance. The post Nvidia plans to return roughly half its free cash flow to shareholders through buybacks and dividends appeared first on Crypto Briefing.

Nvidia has reported record quarterly revenue of $81.6 billion for the three months ending April 26, up twenty percent from the previous quarter, driven by $75.2 billion in data centre revenue. The company forecast $91 billion for the coming quarter and authorised $80 billion in share repurchases. CFO Colette Kress said the company’s Blackwell architecture […]