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 Nvidia doubles down on AI future as stock market cap tops 25T

Nvidia doubles down on AI future as stock market cap tops 25T


Published: 2024-05-23


1. Nvidia's dominance in the AI market - Nvidia has announced a major strategic shift towards focusing on the AI market,leading to its market cap surging past $2.5 trillion. The company's GPUs are widely used in AI applications,and its decision to prioritize this sector is a significant move that reflects the growing importance of AI technology in various industries.

2. Competition in the AI chip industry - While Nvidia remains a key player in the AI chip market,it faces increasing competition from other tech giants such as Intel and AMD. The article discusses how Nvidia's expansion in the AI market could potentially intensify competition among these companies,as they all vie for a larger share of the rapidly growing AI market.

3. Impact of Nvidia's AI market focus on its future growth - Nvidia's strategic shift towards AI has generated significant investor interest,resulting in the company's market cap hitting record highs. The article highlights how this increased focus on AI technology could potentially drive Nvidia's future growth and solidify its position as a leader in the AI chip industry.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,284.50 1,032,155,837.10
2 COP title=COP 4,052.00 775,902,264.00
3 ETH title=ETH 3,565.51 743,139,211.57
4 BTC title=BTC 66,267.01 646,806,795.16
5 PEPE title=PEPE <0.01 213,455,669.02
6 SOL title=SOL 144.45 172,578,132.52
7 IO title=IO 5.41 159,029,784.52
8 XRP title=XRP 0.49 95,025,128.72
9 CRV title=CRV 0.32 80,328,064.76
10 WIF title=WIF 2.47 77,191,045.16
11 PEOPLE title=PEOPLE 0.11 65,058,043.81
12 UNI title=UNI 11.44 62,823,075.47
13 BAKE title=BAKE 0.46 55,598,363.58
14 DOGE title=DOGE 0.14 53,290,354.61
15 ETHFI title=ETHFI 3.99 46,667,590.31
16 BOME title=BOME 0.01 45,528,635.60
17 FLOKI title=FLOKI <0.01 45,139,891.56
18 INJ title=INJ 24.91 34,068,165.13
19 ENS title=ENS 23.39 33,487,154.95
20 HIGH title=HIGH 2.69 32,296,261.49
21 ENA title=ENA 0.74 31,456,288.59
22 ORDI title=ORDI 45.25 28,319,544.44
23 BONK title=BONK <0.01 26,073,577.26
24 WLD title=WLD 3.34 25,267,660.09
25 OP title=OP 2.06 24,350,634.67
26 CHZ title=CHZ 0.10 23,857,364.07
27 NEAR title=NEAR 5.61 23,002,806.94

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Rocket Pool title=RPL 30.06 +23.86
2 Curve DAO title=CRV 0.32 +12.87
3 TerraClassicUSD title=USTC 0.02 +9.18
4 VGX Token title=VGX 0.09 +8.24
5 Convex Finance title=CVX 2.17 +7.90
6 Paris Saint-Germain Fan Token title=PSG 3.77 +7.59
7 Pendle title=PENDLE 5.30 +6.22
8 Bounce title=AUCTION 21.49 +5.86
9 Orion title=ORN 1.66 +5.33
10 Raydium title=RAY 1.70 +4.89
11 Ether.fi title=ETHFI 3.99 +4.86
12 Uniswap title=UNI 11.44 +4.86
13 io.net title=IO 5.41 +4.36
14 SSV Network title=SSV 41.42 +4.02
15 Ethereum Name Service title=ENS 23.39 +3.54
16 Omni Network title=OMNI 18.08 +3.49
17 OMG Network title=OMG 0.39 +3.21
18 Massive Protocol title=MAV 0.39 +3.20
19 Terra Luna Classic title=LUNC <0.01 +3.12
20 JasmyCoin title=JASMY 0.03 +3.12
21 API3 title=API3 2.59 +2.91
22 Ontology Gas title=ONG 0.37 +2.80
23 Theta Fuel title=TFUEL 0.08 +2.79
24 Bittensor title=TAO 305.50 +2.76
25 SelfKey title=KEY <0.01 +2.70
26 Manchester City Fan Token title=CITY 2.62 +2.51
27 Wrapped NXM title=WNXM 75.31 +2.50
28 XRP title=XRP 0.49 +2.43
29 BakerySwap title=BAKE 0.46 +2.25
30 AVA title=AVA 0.74 +2.17

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 RSK Infrastructure Framework title=RIF 0.11 -14.76
2 TrueFi title=TRU 0.18 -8.24
3 NEM title=XEM 0.02 -7.76
4 Waves title=WAVES 1.08 -6.82
5 Firo title=FIRO 1.42 -6.01
6 ARK title=ARK 0.79 -5.60
7 Blur title=BLUR 0.31 -4.84
8 aelf title=ELF 0.40 -4.49
9 Chiliz title=CHZ 0.10 -4.38
10 Dusk title=DUSK 0.34 -4.32
11 Worldcoin title=WLD 3.34 -4.29
12 Venus title=XVS 8.15 -4.23
13 xMoney title=UTK 0.07 -4.05
14 Ardor title=ARDR 0.08 -4.04
15 Oasis Network title=ROSE 0.12 -3.93
16 Injective title=INJ 24.91 -3.90
17 StormX title=STMX <0.01 -3.87
18 Kyber Network Crystal title=KNC 0.77 -3.87
19 Perpetual Protocol title=PERP 0.85 -3.85
20 Polymesh title=POLYX 0.40 -3.84
21 SKALE title=SKL 0.06 -3.78
22 Stratis title=STRAX 0.06 -3.71
23 Adventure Gold title=AGLD 1.28 -3.68
24 Reserve Rights title=RSR <0.01 -3.53
25 BEAMX title=BEAMX 0.02 -3.49
26 FIO Protocol title=FIO 0.03 -3.44
27 Ampleforth Governance title=FORTH 3.37 -3.41
28 Open Campus title=EDU 0.69 -3.33
29 iExec RLC title=RLC 2.39 -3.32
30 COMBO title=COMBO 0.73 -3.17

Bitcoin's Greed and Fear Index.

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71
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Binance co founder beseeches Elon Musk to address cryptocurrency scams on X 2024-06-16
2 Bitcoin whale watching is 039useless039 for information Traders 2024-06-16
3 Spot Ethereum ETFs may begin trading by July 2 Bloomberg analyst 2024-06-15
4 How to use blockchain and smart contracts in procurement 2024-06-15
5 Fake federal employees target crypto investors CISA warns 2024-06-15
6 Bitcoin bounces at 1 month lows Watch these BTC price levels next 2024-06-15
7 Vitalik Buterin endorses TiTok AI for onchain image storage 2024-06-15
8 Deutsche Telekom announces Bitcoin mining plans at BTC Prague 2024-06-15
9 OpenAI reportedly considering shift to for profit as CEO stacks board 2024-06-15
10 3 reasons why Bitcoin analysts believe BTC price recovery is overdue 2024-06-15
11 3 reasons why 65K marks the bottom for Bitcoin 2024-06-15
12 Crypto hack losses hit 19B Terraform Labs shuts down Finance Redefined 2024-06-15
13 Uniswap Labs Crypto The Game set for Emmy Award consideration 2024-06-15
14 Former Binance CEO 039CZ039 owns 64 of BNB circulating supply Report 2024-06-15
15 Crypto Biz Riot Platforms and Bitfarms dispute escalates 2024-06-15
16 Mining execs establish organization to influence US crypto voters 2024-06-15
17 Home miners may benefit from NiceHash Marathon Digital collaboration 2024-06-15
18 Bitcoin bank proposal gains momentum in El Salvador 2024-06-15
19 Curve Finance039s Michael Egorov says 10M in bad debt fully paid 2024-06-15
20 Australian securities exchange approves its first spot Bitcoin ETF 2024-06-15
21 Ethereum rally to 3700 Unlikely say 2 derivatives metrics 2024-06-14
22 MicroStrategy upsizes latest stock sale to 700M to buy more Bitcoin 2024-06-14
23 Donald Trump wants US to rule Bitcoin mining industry 2024-06-14
24 Decentralized ID is the next killer Web3 use case Cardano sustainability lead 2024-06-14
25 Turkey targets crypto with new 003 transaction tax 2024-06-14
26 Samourai Wallet shutdown Implications for other privacy and self custody tools 2024-06-14
27 Nigerian officials drop some charges against detained Binance exec 2024-06-14
28 Ripple invokes SEC v Terraform case argues for smaller civil penalty 2024-06-14
29 Why tokenized real world assets are soaring 2024-06-14
30 Toncoin price risks correction after TON039s 34 surge in 2 weeks 2024-06-14
31 Bitoro launches perpetual futures on Injective protocol 2024-06-14
32 MiCA regulation takes shape under EBAs newest guidelines 2024-06-14
33 US judge approves Terraforms 45B settlement with SEC 2024-06-14
34 Solana Labs debuts blockchain customer loyalty platform Bond 2024-06-14
35 Deepfake AI gang drains 11M OKX account Zipmex zapped by SEC Asia Express 2024-06-14
36 Swiss regulator forces crypto friendly FlowBank into bankruptcy 2024-06-14
37 Ether notches 2nd biggest hodler buying day in history 2024-06-14
38 Holograph fell 80 in 9 hours after exploiter mints 1B additional HLG 2024-06-14
39 Tesla investors sue Elon Musk for diverting resources talent to xAI 2024-06-14
40 Trader claims to lose 310K on dodgy exchange pitched in LinkedIn request 2024-06-14
41 Zero knowledge Manta Network launches 50M ecosystem fund 2024-06-13
42 Terraform Labs ends operations Terra community takes over 2024-06-13
43 US Bitcoin miners silent in face of Kerrisdale snake oil claims 2024-06-13
44 Bitcoin price tracks 68K as chicken crypto market shrugs off US PPI 2024-06-13
45 Tokenizing music catalogs The next frontier for Web3 and the music industry 2024-06-13
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47 1M bet ChatGPT wont lead to AGI Apples intelligent AI use AI millionaires surge AI Eye 2024-06-13
48 SEC chair sees spot Ether ETF S 1 approvals sometime in summer 2024 2024-06-13
49 SEC may receive only a fraction of Terraforms settlement 2024-06-13
50 P2Porg partners with OKX to provide institutional staking services 2024-06-13

US news that has a significant impact on the market

at news day date time
1 Empire State Manufacturing Index Monday 17-06-2024 13:30
2 FOMC Member Cook Speaks Tuesday 18-06-2024 02:00
3 Core Retail Sales m/m Tuesday 18-06-2024 13:30
4 Retail Sales m/m Tuesday 18-06-2024 13:30
5 Industrial Production m/m Tuesday 18-06-2024 14:15
6 Capacity Utilization Rate Tuesday 18-06-2024 14:15
7 Business Inventories m/m Tuesday 18-06-2024 15:00
8 FOMC Member Barkin Speaks Tuesday 18-06-2024 15:00
9 FOMC Member Kugler Speaks Tuesday 18-06-2024 18:00
10 TIC Long-Term Purchases Tuesday 18-06-2024 21:00
11 Bank Holiday Wednesday 19-06-2024 13:00
12 NAHB Housing Market Index Wednesday 19-06-2024 15:00
13 Unemployment Claims Thursday 20-06-2024 13:30
14 Building Permits Thursday 20-06-2024 13:30
15 Philly Fed Manufacturing Index Thursday 20-06-2024 13:30
16 Current Account Thursday 20-06-2024 13:30
17 Housing Starts Thursday 20-06-2024 13:30
18 Crude Oil Inventories Thursday 20-06-2024 16:00
19 FOMC Member Barkin Speaks Thursday 20-06-2024 20:30
20 Flash Manufacturing PMI Friday 21-06-2024 14:45
21 Flash Services PMI Friday 21-06-2024 14:45
22 Existing Home Sales Friday 21-06-2024 15:00
23 CB Leading Index m/m Friday 21-06-2024 15:00
24 Natural Gas Storage Friday 21-06-2024 15:30

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