NVIDIA CEO Jensen Huang’s bearish quantum computing forecast sent IonQ and Rigetti stocks down by more than 40% on Wednesday.
Nvidia
Nvidia CEO Jensen Huang delivers the keynote address tonight at CES 2025 in Las Vegas, NV live at 9:20 PM Eastern.
Nvidia stock hits record high, fueled by Foxconn’s record-breaking earnings and optimism about demand for AI computing chips.
Dan Ives forecasts Tesla hitting a $2 trillion valuation and Apple becoming the first $4 trillion company by 2025.
Chinese chipmakers are pivoting away from Nvidia toward Huawei, whose Ascend 910B chip is already making headwinds in the market.
Apple, Tesla, Nvidia, and other “magnificent seven” stocks have had a great run in 2023, but they face greater headwinds in 2024.