Apple is ramping up research and development of its own AI chip to reduce its reliance on third-party developers, potentially finally completely ending its decades-long unhappy relationship with Nvidia.

Amazon's status as the largest public cloud means the company is well positioned to monetize AI infrastructure services. Nvidia GPUs are the industry standard in accelerating AI workloads, and the launch of the Blackwell GPU should be a catalyst.

This year has been one of milestones for top tech company Nvidia (NASDAQ: NVDA). Nvidia also won a spot among the elite, with an invitation to join the Dow Jones Industrial Average, and the stock became the best performer on the benchmark for the year.

What are the Magnificent Seven stocks? How much market cap weighting do AAPL, MSFT, GOOGL, AMZN, META, TSLA and NVDA have on the Nasdaq?

Tesla stock rises after shares of the electric-vehicle maker tumbled following weaker-than-expected deliveries, while reports say President Biden plans to block the sale of U.S. Steel to Japan’s Nippon Steel.

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Hon Hai Precision Industry Co. reported faster-than-expected 15% revenue growth after the server assembly partner to Nvidia Corp. rode sustained demand for AI infrastructure.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?

ReDrafter delivers 2.7x more tokens per second compared to traditional auto-regression ReDrafter could reduce latency for users while using fewer GPUs Apple hasn't said when ReDrafter will be deployed on rival AI GPUs from AMD and Intel Apple has announced a collaboration with Nvidia to accelerate large language model inference using its open source technology,

Hyundai Mobis, meanwhile, has said it will be giving us a look at its "Holographic Windshield Display, " something it's claiming is a world's first. Hyundai Mobis even shared a picture of what its booth at CES 2025 will look like, in case pictures of convention center booths get you excited.

DFAU's performance has aligned closely with the Russell 3000, benefiting from significant mega-cap exposure. See why the Fund is a Hold.

Artificial intelligence (AI) was one of the driving themes in the market in 2024, powering a number of stocks to new highs. Nvidia (NASDAQ: NVDA) originally developed its graphics processing units (GPUs) to speed up the rendering of video game graphics.