The U.S. and China are in an arms race over AI, which can deliver military and economic advantages. America’s edge is that the world’s top AI chip company, Nvidia, is based in California. Since 2022, China has been barred from buying the most advanced U.S. semiconductors over national-security concerns.

Morgan Stanley lifts its Nvidia stock target to $220 ahead of earnings, citing faster Blackwell demand and stronger supply trends.

On the semiconductor side of the house, Broadcom is seeing unprecedented demand for its custom application-specific integrated circuits (ASICs). Essentially, GPUs designed by Nvidia and AMD are purpose-built to handle a variety of tasks. Broadcom's ASICs enter the equation when developers need robust chipsets for application-specific features.

The U.S. stock market is slumping as superstars swept up in the mania around artificial-intelligence technology keep weakening. The S&P 500 fell 1.5% Thursday.

Nvidia CEO Jensen Huang on Wednesday clarified his remarks warning that China would “win the AI race,” suggesting Beijing is close behind the U.S. on artificial intelligence technology and that it

Nvidia denied reports of a $1 billion investment in Mexico after Nuevo León's governor falsely claimed the company would build an AI data center, later clarifying the project involves a local firm using Nvidia's technology instead.

Nvidia Corp. Chief Executive Officer Jensen Huang said he had asked Taiwan Semiconductor Manufacturing Co. for more chip supplies as artificial intelligence demand remains strong.

Though Nvidia and Palantir are Wall Street's AI darlings, a "magnificent" stock that's lurking in plain sight is far more attractive.

Cybersecurity researchers have uncovered a chain of critical remote code execution (RCE) vulnerabilities in major AI inference server frameworks, including those from Meta, Nvidia, Microsoft, and open-source projects such as vLLM and SGLang.