One of the leading graphics card makers is rumored to be announcing a new lineup of graphics cards on Monday (NVDA)

Rick Wilking/Reuters NVIDIA, a leading manufacturer and developer of graphics cards, is expected to announce a new series of graphics cards on Monday, including their newest flagship model: the RTX 2080, according to a recent report. The annual Gamescon gaming expo will be held on Monday, but NVIDIA is holding a livestreamed event before the […]

AMD will get crushed in the race to be the ultimate chip maker for Ethereum miners, tech analyst says (AMD, NVDA)

AMD has received up to 20% of its total revenues from selling graphics cards used for Ethereum mining. Bitmain will put pressure on AMD, as the Chinese-based chipmaker is said to have developed its own ASIC, a graphics chip used for mining Ethereum, a Susquehanna analyst says. The analyst downgraded AMD’s shares and lowered its […]

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, NVDA, QCOM, AVGO, VIRT)

Here is what you need to know.  Stocks enter a correction. The Dow Jones industrial average fell more than 1,000 points, or about 4% Thursday, extending its drop from the January highs to more than 10%. The government shutdown is already over. The shutdown lasted a couple of hours as Congress reached a bipartisan deal which raises budget […]

MIZUHO: AMD and Nvidia’s crypto boom is officially over (NVDA, AMD)

Thomson Reuters Nvidia and AMD have enjoyed strong demand for their chips that could be ending soon. The companies will have to focus on other areas of their businesses to continue to do well in the future. Watch the price of Bitcoin move in real time. As bitcoin crashes through multiple $ 1,000 milestones, it […]

2 of the world’s biggest chipmakers are sinking as cryptocurrencies get smoked (NVDA, AMD)

Markets Insider Nvidia and AMD are two of the largest producers of graphics processing unit cards for cryptocurrency mining. Both stocks took a hit Friday morning after cryptocurrencies large and small slumped.  Shares of Nvidia and AMD, two of the world’s largest chipmakers whose businesses have recently been fueled by supplying graphics cards for cryptocurrency […]

Bitcoin bull Tom Lee has identified 12 stocks that are perfect if you don’t want to own it (GBTC, MGTI, GROW, HIVE.CN, DCC.AU, NVDA, AMD, CME, CBOE, OSTK, GS, SQ, XBT)

Fundstrat Bitcoin is still too risky for many investors with a lot of money at stake.   But there’s a handful of stocks that stand to benefit from bitcoin and the underlying blockchain technology, according to Tom Lee, a strategist at Fundstrat and one of the most prominent advocates for the cryptocurrency. The basket of 12 stocks […]

BARCLAYS: Nvidia and AMD are safe for now, but a ‘bomb’ is coming (NVDA, AMD)

AP Photo / Paul Sakuma Cryptocurrencies have had a crazy year. As an example, ethereum has rocketed about 2,073.24% higher over the last year. The meteoric rise has been a big boost for graphics card makers like AMD and Nvidia, but the end is in sight. Ethereum’s rise has been good for AMD and Nvidia because the companies’ […]

Tesla will reportedly use Intel chips to power its massive infotainment console (TSLA, NVDA, INTC)

Tesla Tesla may be parting ways with Nvidia for good. The electric car maker will no longer use chips from Nvidia to power its massive infotainment console, Bloomberg’s Ian King first reported. Instead, Tesla will use chips supplied by Intel, the world’s largest chipmaker. The Model 3 and new versions of the Model X and Model S […]

Everyone is focused on the wrong area of tech right now (AAPL, GOOGL, MSFT, NVDA)

Mark Zuckerberg/Facebook The world is focused on augmented reality right now when they should be paying more attention to machine learning. Both are exciting, but machine learning is the tech powering AR and will make our lives simpler and easier. Everyone is focused on the wrong area of tech right now. Augmented reality is arguably […]

‘Cryptocurrency mania’ burned a $1 billion hedge fund that was betting against chipmakers (NVDA)

Dallas-based Carlson Capital’s Black Diamond Thematic fund has lost 14.2% net this year through July 31, according to a client update reviewed by Business Insider, and bitcoin mania is partly to blame.  The $ 1 billion equity long-short fund had been up about 10% after fees around this time last year, Business Insider previously reported. […]