AI Chip Giant Nvidia Shares Soar as Blackwell Ultra and Rubin Platform Unveiled

  • Nvidia stock near record high after CEO Jensen Huang announced plans for the Blackwell Ultra chip in 2025 and a next-generation Rubin platform for 2026
  • Foxconn to build an advanced computing center in Taiwan based on Nvidia’s Blackwell chips
  • Nvidia’s guidance of $28 billion in revenue for the second quarter may lead to beating expectations
  • Nvidia shares have risen 132% this year to date
  • Intel presents details on its own AI chips, up 0.7% in premarket trading

Nvidia’s stock is near record highs following the announcement of its next-generation AI hardware, including the Blackwell Ultra chip in 2025 and the Rubin platform in 2026. Foxconn, a key Apple supplier, will build an advanced computing center in Taiwan based on Nvidia’s Blackwell chips as part of their collaboration on manufacturing and robotics. The company is expected to beat expectations with $28 billion in revenue for the second quarter. Nvidia shares have increased by 132% this year, while Intel presents details on its own AI chips.

Factuality Level: 8
Factuality Justification: The article provides accurate information about Nvidia’s stock performance, upcoming products, and industry trends without any significant issues such as digressions, misleading information, or personal opinions presented as facts.
Noise Level: 6
Noise Justification: The article provides some relevant information about Nvidia’s stock performance and upcoming hardware but is mostly focused on stock prices and market trends rather than providing a thoughtful analysis or actionable insights.
Public Companies: Nvidia (NVDA), Foxconn (), Apple (), Advanced Micro Devices (AMD), Intel (INTC)
Key People: Jensen Huang (CEO), Dave Sekera (Chief U.S. Market Strategist at Morningstar)

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Financial Relevance: Yes
Financial Markets Impacted: Nvidia stock, Advanced Micro Devices, Intel
Financial Rating Justification: The article discusses Nvidia’s stock performance and its impact on other chip makers like Advanced Micro Devices and Intel, making it relevant to financial topics and affecting the financial markets.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article. The text discusses Nvidia’s stock performance and upcoming hardware releases, as well as related industry news.

Reported publicly: www.marketwatch.com