Plus, Apple is slashing iPhone prices in China again as sales slow
This week in tech, Nvidia $NVDA proved that its stock can in fact go higher — surpassing $1,000 per share, as the most bullish analysts had expected since the beginning of the year.
Meanwhile, sluggish iPhone sales in China prompted Apple $AAPL to lower prices there, and Microsoft $MSFT’s full-throttle push into artificial intelligence attracted more scrutiny from regulators worried that the conglomerate is invading consumers’ privacy.
Apple $AAPL is cutting prices on select iPhone models in China — again — as the smartphone giant looks to juice sales and boost its position in the increasingly competitive market.
Ahead of the company’s annual developer conference kicking off on Tuesday, Microsoft $MSFT announced its latest push into artificial intelligence with new branding named Copilot Plus PCs. The brand will denote Microsoft laptops that come equipped with AI hardware and support for AI applications.
After unveiling its highly anticipated new chip, Blackwell, in March, Nvidia $NVDA’s share price reached an all-time high.
The streets of the United Kingdom could become flooded with self-driving cars as soon as 2026, after new legislation became official this week.
Months after Nvidia $NVDA unveiled the next-generation version of its highly sought-after superchip, one of its largest customers is already swapping out its order for the powerful new successor.
Microsoft $MSFT’s full-throttle push into artificial intelligence technology is getting more scrutiny by regulators worried that the conglomerate is invading consumers’ privacy.
Mark Zuckerberg has assembled some of his fellow tech chiefs into an advisory council to guide Meta $META on its artificial intelligence and product developments.
After delivering its closely watched first-quarter earnings report, Nvidia $NVDA’s stock price opened above $1,000 on Thursday morning. The chipmaker’s shares climbed 11% to about $1,053 during mid-day trading. The company crossed the $1,000 share-price threshold for the first time in after-hours trading on Wednesday evening.
Google $GOOGL parent Alphabet is reportedly making headway in its bid to acquire the $30 billion marketing software company HubSpot. That deal, which would be Google’s largest-ever acquisition, is part of the company’s strategy to compete with Microsoft $MSFT in the cloud applications market.
