Despite short seller allegations and reported DOJ investigation, AI company Super Micro rebounds
AI company Super Micro rebounds despite short seller allegations and reported DOJ investigation Super Micro has had a rocky few weeks due to a short-seller investigation and a reported DOJ investigation. Nonetheless, shares for the AI hardware manufacturer rose more than 20% over the past day after the company announced it would be shipping 100,000 […]
Nvidia Shares Surge as CEO Jensen Huang Highlights ‘Unprecedented’ Chip Demand
Nvidia (NVDA) stock jumped as much as 5% on Thursday as CEO Jensen Huang said demand for its next-generation Blackwell chips has been “insane.” In an interview with CNBC on Wednesday after the market close, Huang confirmed the chips are in “full production” despite recent design issues that caused some delays in customer rollouts. “Blackwell […]