Nvidia (NVDA) is making waves at its developers conference known as GTC. The chip giant announced its newest AI platform, dubbed "Blackwell." In the press release, Nvidia says Blackwell allows organizations to "build and run real-time generative AI on trillion-parameter large language models at up to 25x less cost and energy consumption than its predecessor." The company says it expects tech companies such as Google (GOOGL, GOOG), Amazon Web Services (AMZN), Meta (META), and Dell Technologies (DELL) to use the new platform. Nvidia says the chip has 208 billion transistors and that the platform will allow large language models to scale up to 10 trillion parameters. Yahoo Finance's Madison Mills and Josh Lipton discuss the breaking announcement in the video above. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.
Nvidia (NVDA) is making waves at its developers conference known as GTC. The chip giant announced its newest AI platform, dubbed "Blackwell." In the press release, Nvidia says Blackwell allows organizations to "build and run real-time generative AI on trillion-parameter large language models at up to 25x less cost and energy consumption than its predecessor." The company says it expects tech companies such as Google (GOOGL, GOOG), Amazon Web Services (AMZN), Meta (META), and Dell Technologies (DELL) to use the new platform. Nvidia says the chip has 208 billion transistors and that the platform will allow large language models to scale up to 10 trillion parameters.
Yahoo Finance's Madison Mills and Josh Lipton discuss the breaking announcement in the video above.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Stephanie Mikulich.
Investor's Business Daily
Nvidia has been on fire lately, but could the market leader's epic rally need a little pause here? If so, traders may benefit from a diagonal call spread, an advanced options strategy, in Nvidia stock. With the stock looking a little extended, Nvidia might rally a little further, but possibly not too much further.
Reuters
NEW YORK (Reuters) -Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the United States. Tesla said prices of its Model Y vehicles will be increased by approximately 2,000 euros ($2,177) in some European countries effective March 22, according to a company statement on Saturday. Tesla shares rose as high as $174.72, up nearly 7%, on Monday following the announcements, making it the biggest percent daily gain in more than a month after sliding for two weeks.
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