Nvidia has announced record quarterly profit and revenue amid explosive demand for its advanced AI chips. The US tech behemoth said on Wednesday that profit soared to $58.3bn for the February-April period, up 37 percent from …
NVIDIA
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Artificial Intelligence
Nvidia Says It Has ‘Largely Conceded’ China’s AI Chip Market to Huawei
by Editorby EditorNvidia CEO Jensen Huang said the company has “largely conceded” China’s artificial intelligence chip market to Huawei, as U.S. export restrictions continue to …
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Artificial Intelligence
Nvidia Has Already Committed $40B to Equity AI Deals This Year
by Editorby EditorNvidia continues to be a major investor in the AI ecosystem, committing more than $40 billion to equity investments in AI companies …
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Artificial Intelligence
Alphabet’s 160% Rally in a Year Reflects Value of Owning ‘Most of the Stack’ in AI
by Editorby EditorAlphabet briefly passed Nvidia by market cap in after-hours trading this week, a remarkable feat for a company that was seen as deeply at risk …
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IREN shares surged in extended-trading on Thursday before giving back nearly all of the gains after the data center operator announced a partnership …
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Artificial Intelligence
Nvidia CEO Says AI Partnership with Corning Will ‘Revitalize American Manufacturing’
by Editorby EditorNvidia CEO Jensen Huang told CNBC’s Jim Cramer that the company’s new partnership with Corning represents an important opportunity to rebuild critical parts of the …
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Artificial Intelligence
Nvidia Rivals Eye Huge Funding Rounds as AI Chip Market Booms
by Editorby EditorEuropean chip startups developing alternative technology to Nvidia’s graphics processing units (GPUs) are eyeing big funding rounds as they look to scale amid the …
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Artificial IntelligenceQuantum
Quantum Stocks on Pace for a Massive Week after Nvidia Debuts AI Models to Boost the Tech
by Editorby EditorQuantum stocks climbed on Thursday, adding to a massive week-to-date rally fueled by enthusiasm for Nvidia’s new open-source artificial intelligence models designed to advance the burgeoning …
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Cadence, a US chip design software company, has expanded its partnership to add Nvidia AI and accelerated computing tools to chip design, …
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Nvidia’s once absolute dominance in one of its most important overseas markets is now being eroded on a massive scale. Chinese makers …