01:22 PM EDT, 03/19/2024 (MT Newswires) -- Nvidia's ( NVDA ) recently unveiled Blackwell artificial intelligence chip could cost $30,000 to $40,000 each, Chief Executive Jensen Huang said in an interview with CNBC Tuesday. Huang said the company spent about $10 billion to develop the processor. Nvidia ( NVDA ) declined MT Newswires' request for comment. On Monday, Nvidia (...

01:20 PM EDT, 03/19/2024 (MT Newswires) -- Nvidia's ( NVDA ) new artificial intelligence graphics processor, Blackwell, leaves the company in a very strong position, Morgan Stanley said in a note to clients Tuesday. It will take time to evaluate the performance claims for Blackwell, but if they hold up even directionally, our sense is that the company's ability to...

01:21 PM EDT, 03/19/2024 (MT Newswires) -- NVIDIA ( NVDA ) is poised to win a large chunk of the $250 billion in annual data center spending given the variety of hardware and software it has to offer, Bloomberg reported Tuesday, citing Chief Executive Jensen Huang. The CEO reportedly made the comments at an event held for investors Tuesday. Nvidia...

01:25 PM EDT, 03/19/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) on Tuesday confirmed it has appointed Eric Menell and Gian Piero Sammartano as co-heads of a newly established sports investment banking coverage group. The dedicated team will provide the investment bank's current and prospective sports clients globally with advisory and financing solutions, Fred Turpin, global head of media...