Tesla could use more of Elon Musk's focus, former board member says
Tesla could use more of high-profile CEO Elon Musk's divided focus at a critical juncture for the electric vehicle industry, former board member Steve Westly said Thursday.
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Tesla could use more of high-profile CEO Elon Musk's divided focus at a critical juncture for the electric vehicle industry, former board member Steve Westly said Thursday.
PALO ALTO, California -- Nvidia is on a roll, reporting that revenue more than tripled for the third straight quarter and touting a rosy outlook for the rest of the year. But rivals are accelerating their push to dethrone -- or at least gain ground on -- the U.S. chipmaker that has become synonymous with the AI boom.
Nvidia's historic rally is being driven by its data center business, which grew at a whopping 427% in the latest quarter as companies keep snapping up its artificial intelligence processors.
Nvidia shares topped $1,000 for the first time in extended trading on Wednesday after the chipmaker reported fiscal first-quarter results that topped analyst estimates.
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Nasdaq-100 futures rose on Wednesday evening as Wall Street assessed the latest quarterly results from market bellwether Nvidia.
PALO ALTO, California -- U.S. chipmaker Nvidia reported another blockbuster earnings quarter on Wednesday, announcing a 10-for-one forward stock split as surging AI demand pushed its share price up after markets closed.
This was CNBC's live blog covering European markets.