Nvidia's post-earnings plunge pulled the stock back near January’s lows. Analysts have remained bullish, and said they expect Nvidia to be a DeepSeek beneficiary.
Nvidia depends, at least somewhat, on a first-mover disadvantage. The chipmaker led by Jensen Huang should report another quarter of breakneck growth on Wednesday, with analysts expecting earnings to skyrocket 60% year-over-year to $21 billion,
U.S. stock indexes are slipping, and Wall Street remains subdued following a rough run where worries about the economy rattled the market.
Data center operator Switch is weighing an IPO at about a $40 billion valuation, Reuters reported in September. Nvidia rival Cerebras Systems mulled going public last year but postponed its roadshow amid delays with a U.S. national security review, Reuters has reported.
"Our platform supports the development and use of ground-breaking models," the startup added. New Jersey-based CoreWeave plans to offer shares on the New York Stock Exchange under the symbol "CRWV" and raise $3.
Nvidia shares plummeted 8.5%, weighing down the Nasdaq Composite, just as Trump reaffirmed that tariffs would go ahead.
The deal will combine CoreWeave's infrastructure and managed cloud services with Weights & Biases' platform, which is used for AI model training, evaluation, and monitoring, the company said. Weights & Biases's product is used by technology companies including OpenAI and Meta to build and train AI models and develop and deploy AI applications.
NEW YORK -- Sales of Nvidia's artificial intelligence chip Blackwell will be top of mind when the company releases its latest financial results Wednesday, with analysts eyeing future demand amid a ...
While Nvidia delivered a surge in quarterly revenue, it said first-quarter margin would tighten as it ramps production of its new flagship AI chips.
Nvidia reports earnings this afternoon, giving it another chance to ease investor concerns about the potential threat DeepSeek poses.
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