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American multinational technology company
Nvidia Corporation is an American multinational technology company headquartered in Santa Clara, California. The company develops graphics processing units (GPUs), systems on chips (SoCs), and application programming interfaces (APIs) for data science, high-performance computing, artificial intelligence (AI), and mobile and automotive applications. Founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, Nvidia has been widely described as a Big Tech company.
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Key Stats for Super Micro Computer StockPrice change for Super Micro Computer stock in last 6 months: -66%$SMCI Stock Price as of Oct. 9: $4252-Week High: $57$SMCI Stock Price Target: $42What Happened?A contractor linked to Super Micro Computer (SMCI:NASDAQ) has pleaded guilty in an illegal chip export case.
Washington has restricted sales of advanced AI chips to China, citing national security concerns.
A Super Micro contractor pleaded guilty in a $2.5 billion AI server smuggling case. Here’s how that figure stacks up against the company’s revenue.