Nvidiaโs Stock Is Flashing a Warning Sign as Valuation Falls
Nvidia Corp.โs sinking stock valuation is sending a warning signal about the chipmakerโs prospects for maintaining its booming profit growth.
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Nvidia Corp.โs sinking stock valuation is sending a warning signal about the chipmakerโs prospects for maintaining its booming profit growth.
Chinese chipmaker Hygon Information Technology is set to release a new chip targeting physical-world applications including robotics, expanding from its current focus on data centres, according to Chinese media reports and company information. The product launch, slated for Tuesday, marks Hygonโs move into a new chip category powering machines that interact directly with their environments, as physical artificial intelligence becomes increasingly important. The new chip, an iteration of the...
Enflame Technology, one of the major challengers to Nvidia in China, saw its share price surge 188 per cent in its Shanghai trading debut on Friday, giving the Tencent Holdings-backed artificial intelligence chipmaker a market capitalisation of 176.4 billion yuan (US$26.3 million). The Shanghai-based company opened at 410 yuan, up from its issue price of 142.18 yuan. The performance reflects continued investor appetite for domestic AI chip champions, with Enflame being the last of Chinaโs โfour...