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Tesla is one of Nvidia's big customers. That makes its earnings interesting for the chip maker's stock. Tesla said it “increased AI training compute” by over 75% year over year in the third ...
Nvidia stock has taken over Tesla as the most popular stock traded by retail investors. The dethroning comes as Nvidia has surged 60% year-to-date, compared to Tesla's 18% decline. "NVDA looks ...
Nvidia's stock rally just won't quit — and it's now surpassed Tesla as the most traded on the market. In the last 30 trading sessions, traders have moved about $30 billion worth of shares of ...
Chipmaker Nvidia is replacing Tesla as Wall Street's most traded stock by value, adding to its prominence after becoming the third-most valuable U.S. company and showing more evidence of how ...
Like Nvidia, Tesla is enjoying a lucrative position in its respective market. For the full year, it earned an adjusted net profit of $10.9 billion on $96 billion of revenue.
Back in 2018, Tesla announced it had designed its own chips for the on-board computers in its cars, ditching the systems Nvidia had designed for the EV maker (a lineup of GPUs it had dubbed "Tesla").
Elon Musk doubled down on Dojo, Tesla's supercomputer project and attempt at competing with AI chip superstar Nvidia, during a Tuesday earnings call.