Meta, Microsoft, and Nvidia benefit from AI in a variety of ways. These benefits could be the primary reason for the strong performance of all three stocks relative to the S&P 500 year to date.

This resurgence of AI-related investment could mark a key turning point for NVIDIA stock, which has pulled back 27% from its 52-week high of $153.13 attained on Jan. 7, 2025.

Nvidia has become the go-to provider for chips to support AI, which has resulted in explosive sales and earnings growth for the tech giant. Meta is pouring billions of dollars into AI research and ...

Meta Platforms on Wednesday announced the latest version of its custom artificial intelligence (AI) that could reduce its dependence on Nvidia as the AI arms race heats up between tech giants.

Various companies, including Amazon, Meta, Google, and Microsoft, are collectively estimated to make up more than 50% of Nvidia's revenue.

Delay to Nvidia's new AI chip could affect Microsoft, Google, Meta, the Information says By Reuters August 3, 20243:45 PM PDTUpdated August 3, 2024 REUTERS/Dado Ruvic Purchase Licensing Rights ...

Meta, which changed in name from Facebook, said the AI Research Supercluster would contain a total of 16,000 of NVIDIA's graphics processing chips to train machine-learning models faster and more ...

Meta Platforms Inc. is deploying a new homegrown chip to help power its artificial intelligence services, aiming to decrease its reliance on semiconductors from Nvidia Corp. and other outside ...

Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed ...