NVIDIA unveils self-driving car tech
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Nvidia Corp. Chief Executive Officer Jensen Huang, the world’s ninth-richest person and head of the most valuable company, said he isn’t concerned about a billionaires tax under consideration in his home state of California.
Let’s delve into details regarding each of the assessed factors, but prior to that, for a quick background: With a $4.6 Tril market cap, NVIDIA offers graphics, computing, and networking solutions for gaming, visualization, data centers, and automotive sectors worldwide, alongside a strategic partnership with Kroger Co.
Bank of America analyst Vivek Arya and his team attended Nvidia’s ( NVDA) CES 2026 keynote and financial analyst Q&A session on January 5. Following the event, they updated their opinion on NVDA stock in a research note shared with TheStreet.
The stocks of companies that provide cooling systems for data centers plunged on Tuesday after Nvidia unveiled more efficient chips.
Nvidia’s Jensen Huang is one of the tech industry’s longest-serving chief executives, leading the chipmaker since cofounding it in 1993. Now he’s the recipient of a long-standing technology award: the IEEE Medal of Honor, established by a predecessor of the Institute of Electrical and Electronics Engineers in 1917.
For the first time in years, Nvidia declined to introduce new GeForce graphics card models at CES. CEO Jensen Huang’s characteristically sprawling and under-rehearsed 90-minute keynote focused almost entirely on the company’s dominant AI business, relegating the company’s gaming-related announcements to a separate video posted later in the evening.
Nvidia finalized a $5B Intel stake after FTC approval, buying 214.7M shares. The move bolsters Intel’s foundry push as 18A ramps.
Nvidia Corp., countering fears about an AI spending bubble, said that an upbeat revenue forecast delivered in October has only gotten brighter due to strong demand.