U.S. stock indexes fell sharply Thursday as Wall Street’s frenzy around artificial-intelligence technology faltered some more. The S&P 500 sank 1.6% for its fifth drop in six days after setting an all-time high last week.
The chip giant has stayed relevant even as DeepSeek and other “reasoning” AI models rise.
Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry.
The company's forecast helps allay doubts around a slowdown in spending on its hardware. Revenue for the fourth quarter grew 78% to $39.3 billion, beating estimates.
Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips that power artificial intelligence systems continued to grow.
As promised, Nvidia has just issued its latest GPU drivers (572.60), and they include fixes for “various black screen issues” affecting RTX 50-series cards. This latest driver also includes DLSS 4 support for NARAKA: BLADEPOINT,
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