Check out BullDigest's May 13 Pre-Market Summary of NVIDIA Corporation. We provide a summary of the key news before the market opens.
NVIDIA has raised prices due to export restrictions and increased costs, leading to a $5.5B loss.
Palantir has seen significant gains with a 54% increase.
Duolingo has experienced strong growth, up 58% YTD.
Uber's performance has been positive with a 37% gain.
Dell's consumer PC sales fell by 22% YoY, and AI server margins are squeezed.
Apple's iPhone sales have declined, with services being the only growth driver.
Alphabet faces disruption from AI newcomers affecting its search dominance.
QCT is leveraging NVIDIA's AI Enterprise for GenAI solutions, aiding customer deployment.
xAI built Colossus with 200,000 Nvidia GPUs, planning to scale up.
Intel is developing next-gen GPUs which may offer opportunities against Nvidia.
AMD's RDNA 5 GPUs aim to rival Nvidia's high-end offerings.
Secured a $450M AI deal, indicating strong market position.
Ranked 10th globally and No. 1 in Asia, reflecting its market standing.
Analysts predict significant upside potential for the stock.
Announced a strategic partnership with NVIDIA, enhancing their AI capabilities.
Added $837.5 billion to market cap post-tariff talks, showing growth.
This summary captures the essential business insights and market implications from the provided text, highlighting key trends, strategic moves, and financial impacts in the tech industry.