As Nvidia Maintains Chip Supremacy, Jim Cramer Says Foes Of Semiconductor Giant 'Aren't Really Enemies'

Benzinga3minutes ago

nvidia brings a new AI model that "disrupts" the audio industry: it can create music and modify vocals.

nvidia has developed a new AI model Fugatto, which can create sound effects, change pronunciation, and generate music with natural language prompts. Fugatto can synthesize speech, add sound effects to music, and is considered as a complement to video and image generation models.

cls.cn19:27 ET

US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.

① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.

cls.cn17:48 ET

Dow Jones Closes at Record and Hits Trading High Alongside S&P 500 | Wall Street Today

Kevin Travers16:16 ET

Dow, S&P, and Nasdaq Ended Higher to Start the Holiday Shortened Trading Week

Seeking Alpha16:02 ET

Did the Biden administration reportedly finalize the $8 billion chip bill funding with intel before Trump took office?

After Trump questioned the subsidy method for the chip bill, the media reported that the goal of the Department of Commerce is to complete funding agreements as much as possible before Trump took office; considering intel's delay in investments related to the Ohio wafer factory, as well as its own technical roadmap and customer demands, the Biden administration plans to reduce the initially announced $8.5 billion appropriation by $0.5 billion.

wallstreetcn14:38 ET