Nvidia Annual Spending in Taiwan Surpasses $100 Billion
Nvidia’s annual spending in Taiwan exceeded $100 billion as AI demand drives semiconductor investment.
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Nvidia’s annual spending in Taiwan exceeded $100 billion as AI demand drives semiconductor investment.
SoftBank’s former Nvidia stake would be worth about $253 billion today after the chipmaker’s AI-driven surge.
The Nasdaq 100 closed above 30,000 for the first time in history after surging 31% in just 56 days, fueling comparisons between today’s AI boom and the late-1990s dot-com rally.
South Korea became the second country after the United States to have more than one public company valued above $1 trillion, led by Samsung and SK Hynix.
SK Hynix officially joined the $1 trillion market cap club after shares surged 11%, fueled by record earnings and booming demand for AI memory chips used in Nvidia systems.
Micron became a $1 trillion company for the first time after shares surged 18% in a single session, driven by explosive demand for AI memory chips and tightening global supply.
Nvidia reported $81.6 billion in first-quarter 2026 revenue as AI infrastructure demand remained exceptionally strong.
Google and Blackstone launched a new U.S.-based AI infrastructure company built around Google’s TPU chips, aiming to compete with Nvidia and cloud computing firms like CoreWeave.
Leopold Aschenbrenner’s hedge fund grew from $225 million to $13.7 billion by betting on AI infrastructure, energy, and compute bottlenecks rather than chatbot applications.
Nvidia added more than $900 billion in market value in seven days as AI-driven investor demand accelerated.
Cerebras shares jumped 70% in their market debut after the AI chipmaker completed the largest U.S. IPO of the year amid intense investor demand.
Cerebras shares dropped 10% after the company completed the biggest U.S. tech IPO since Uber.
AI chipmaker Cerebras priced its IPO at $185 per share, raising $5.55 billion and valuing the company at roughly $56 billion amid overwhelming investor demand.
The United States approved sales of Nvidia H200 AI chips to several major Chinese technology companies, though broader geopolitical tensions continue limiting shipments.
Nvidia’s market capitalization climbed to roughly $5.5 trillion, exceeding the GDP of every country except the United States and China as shares hit fresh record highs.