The U.S. Supreme Court allowed a lawsuit against Nvidia over underreporting $1.35 billion in crypto revenue, leading to $3.8 billion in losses. Supported by the DOJ and SEC, the case could set a precedent for transparency in crypto mining.

Nvidia stock has experienced an enormous surge this year, climbing over the summer to the position of the top-valued company in the world. The incoming Trump administration’s cryptocurrency enthusiasm also put Nvidia on the map since miners use its servers for their work.

Nvidia 's ( NVDA 3.08%) stock has been a huge winner each of the past two years. After surging over 238% in 2023, the stock has soared approximately 164% this year, as of this writing. Those are two huge back-to-back year gains that have propelled the company to become one of the largest in the world.

The disparity between the returns of even the strongest equities and humorous cryptocurrencies can be quite staggering. Case in point — over the last 30 days, Fartcoin (FARTCOIN) has outperformed Nvidia’s yearly returns — and the gains aren’t even particularly close.

Dow Jones futures fell Tuesday as Nvidia stock hits a key resistance level. AI chip stock TSMC broke out past a buy point. Lower valuations are usually the silver lining of a slumping market. Not so much in 2024. The Australian central bank The Reserve Bank of Australia is growing in confidence that inflation is heading sustainably back to target.

HIVE Digital Technologies has announced that it will invest $30 million in Nvidia GPU Clusters for its location in Quebec. The investment includes 248 H100 GPUs and 508 H200 GPUs.

XRP (XRP-USD) is one top cryptocurrency investors are clearly not sleeping on right now. This top digital asset (currently ranked #3 among all cryptocurrencies globally) has become a central holding of many investors,

Harsh has worked for leading media houses such as the Times Group and... read more. Nvidia's revenue hit $35.1 billion, with AI data centers driving 87% of sales. Retail investors poured nearly $30 billion into Nvidia stock in 2024. The Blackwell AI chip ...

HIVE Digital Technologies (NASDAQ: HIVE) acquires advanced Nvidia Corp (NASDAQ: NVDA) H100 and H200 GPU clusters in Quebec, Canada, with $30 million investment to strengthen its position in AI and HPC and drive growth in these markets.

Advanced Micro Devices has a strong product pipeline and a growing ecosystem similar to CUDA. See why AMD stock is a Buy.

The U.S. has already increased export restrictions on advanced AI and memory chips to China and imposed a 50% tariff on Chinese semiconductors starting Jan. 1, with the potential for higher tariffs in the future. China’s Commerce Ministry has criticized the U.S. investigation, stating that it will disrupt the global chip industry and supply chains.

The Dow Jones Industrial Average and other major indexes remained mixed Monday afternoon on a holiday-shortened week. An Nvidia chip supplier broke out of a base on the stock market today while shares of a hotelier soared and Tesla bounced after several days of losses.