Chipmaking giant Nvidia surpassed Apple on Tuesday to become the highest valued company in the world as the artificial intelligence (AI) boom continues to excite Wall Street.
Chipmaking equipment supplier KLA Corp forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on growing demand for chips to support artificial intelligence workloads.
Chipmaking giant Nvidia is in talks with Elon Musk about investing in his fast-growing artificial intelligence startup xAI, a source close to the situation said. XAI — which powers the snarky ...