Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters
1 year, 1 month ago

Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters

News 18  

Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters Last Updated: February 27, 2025, 12:50 IST The chipmaking giant’s shares dipped just over 1% in after-hours trading Wednesday, immediately after the company released its earnings report for the quarter ended in January and its full 2025 fiscal year. The chipmaking giant’s shares dipped just over 1% in after-hours trading Wednesday, immediately after the company released its earnings report for the quarter ended in January and its full 2025 fiscal year. Expectations were heightened heading into Wednesday’s report given Nvidia’s role as a barometer of the broader tech sector, which has faced tough investor questions about AI spending. Despite jitters over DeepSeek and some early challenges in rolling out Nvidia’s new Blackwell chips, “Nvidia’s results reaffirm that it continues to lead the AI landscape, sidelining skeptics," Emarketer technology analyst Jacob Bourne said following Wednesday’s results.

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History of this topic

Nvidia falls over 4% in one week: Will CEO Jensen Huang’s keynote address spark a stock rebound?
1 week, 4 days ago

Nvidia falls over 4% in one week: Will CEO Jensen Huang’s keynote address spark a stock rebound?

Live Mint  

Chipmaking giant Nvidia Corporation's shareholders expect that the keynote speech from their Chief Executive Officer, Jensen Huang, will deliver enough optimism to fuel the stock's recent rebound, reported the news agency Bloomberg on Sunday, March 23. Nvidia Share Price Nvidia shares closed 0.05 per cent lower at $117.64 after Friday, March 21, US markets session, compared to $117.70 at the …

Nvidia stock may be a bargain. It’s cheaper than Starbucks.
3 weeks ago

Nvidia stock may be a bargain. It’s cheaper than Starbucks.

Live Mint  

Nvidia—the stock market’s AI darling—is not only cheap in historical terms, but it is notably less expensive than some other stocks you might not expect. Hope for that kind of runaway growth lifted the price to 62.65 times forward earnings on May 18, 2023, though even that was far below the record of 125.91 in May 2009. The stock is …

Don’t go all-in on Nvidia stock. Here’s how to play the AI trade now.
3 weeks, 2 days ago

Don’t go all-in on Nvidia stock. Here’s how to play the AI trade now.

Live Mint  

The best strategy for buying the dip in artificial intelligence stocks isn’t going all in on Nvidia. While Nvidia is looking more attractive than it did two months ago, allocating all of one’s AI money to the company comes with the risk that it loses data center chip market share to the likes of Broadcom and Advanced Micro Devices. “Investors …

Nvidia sales boosted by rise in AI models that ‘reason’
Trending News
1 month, 1 week ago

Nvidia sales boosted by rise in AI models that ‘reason’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy AI chip giant Nvidia’s sales have remained strong despite the rise of DeepSeek …

Nvidia is far from running out of road
1 month, 1 week ago

Nvidia is far from running out of road

Live Mint  

Nvidia’s fiscal fourth-quarter report late Wednesday continued the AI titan’s string of impressive results. Nvidia’s total company revenue of $39.3 billion in the quarter ended Jan. 26 was up 78% from the same period last year. The company’s revenue projection of $43 billion for the April quarter also exceeded Wall Street’s forecast—abating some fears that the transition to the Blackwell …

Nvidia sales surge in the fourth quarter on demand for AI chips
1 month, 1 week ago

Nvidia sales surge in the fourth quarter on demand for AI chips

The Hindu  

Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialised Blackwell chips, which power artificial intelligence systems, continued to grow, sending the company's stock higher after hours. “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes …

Nvidia share price gains over 3%; revenue, profit growth beats estimates with upbeat guidance
Trending News
1 month, 1 week ago

Nvidia share price gains over 3%; revenue, profit growth beats estimates with upbeat guidance

Live Mint  

Nvidia share price rallied over 3% in regular trading on Wednesday, before declining slightly in choppy extended trading, as the tech giant reported its fourth quarter results. For the three months that ended January 26, Nvidia posted revenue of $39.3 billion, up 12% from the previous quarter and 78% from one year ago, beating estimates of $38.04 billion. Nvidia has …

Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters
Trending News
1 month, 1 week ago

Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters

LA Times  

The New York Stock Exchange is seen in New York on Wednesday. U.S. stock indexes fell sharply Thursday as Wall Street’s frenzy around artificial-intelligence technology faltered some more. Concerns about the U.S. economy’s future have been behind much of the drop, including worries about how tariffs pushed by President Trump could worsen inflation, and Wall Street’s main measure of health …

Nvidia sales surge in the fourth quarter on demand for AI chips
Trending News
1 month, 1 week ago

Nvidia sales surge in the fourth quarter on demand for AI chips

Associated Press  

LOS ANGELES — Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which power artificial intelligence systems continued to grow. “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter,” Nvidia …

Nvidia Q4 Results Today: Will Silicon Valley’s AI leader lift Wall Street’s ‘Mag Seven’ from correction territory?
1 month, 1 week ago

Nvidia Q4 Results Today: Will Silicon Valley’s AI leader lift Wall Street’s ‘Mag Seven’ from correction territory?

Live Mint  

Nvidia Q4 Results Today: Nvidia’s fourth-quarter earnings due after Wednesday’s close may be its most critical yet, coming after the emergence of China-based startup DeepSeek scrambled the outlook for AI infrastructure needs. Nvidia's much-awaited results - seen as a barometer of AI chip demand - on Wednesday could prove to be a turning point for the artificial intelligence stocks that …

Wall Street is anxiously watching Nvidia earnings again. What to know, by the numbers
1 month, 1 week ago

Wall Street is anxiously watching Nvidia earnings again. What to know, by the numbers

Associated Press  

Wall Street is once again fixated on Nvidia, as the main player in the artificial intelligence mania is set to report earnings after the bell Wednesday and give an update on demand for its semiconductors, which are used to power AI applications. Nvidia’s market value saw a one-day drop of nearly $600 billion after the news came out. $3.101 trillion …

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
1 month, 1 week ago

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters

CNN  

New York CNN — Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. Expectations were heightened heading into Wednesday’s report given Nvidia’s role as a barometer of the broader tech …

Nvidia had a rough start to 2025. Investors still love the stock.
1 month, 1 week ago

Nvidia had a rough start to 2025. Investors still love the stock.

Live Mint  

Nvidia had a rocky start to the year. The graphics-chip maker lost nearly $600 billion in market value in a single session in late January when news of a lower-cost artificial-intelligence model from Chinese company DeepSeek temporarily rattled investors’ confidence in the AI trade. “Nvidia continues to be the golden child of the AI revolution," said Dan Ives, managing director …

Why Nvidia’s earnings are important to the entire U.S. stock market
Trending News
1 month, 1 week ago

Why Nvidia’s earnings are important to the entire U.S. stock market

Associated Press  

LOS ANGELES — Sales of Nvidia’s artificial intelligence chip Blackwell will be top of mind when the company releases its latest financial results Wednesday, with analysts eyeing future demand amid a Chinese upstart’s claim that it can train competitive AI models using far fewer resources. The chip company has grown into the second-largest company on Wall Street, which means the …

Nvidia has leapt back into the AI game as panic over DeepSeek ebbs
1 month, 2 weeks ago

Nvidia has leapt back into the AI game as panic over DeepSeek ebbs

Live Mint  

The Great DeepSeek Panic of January 2025 is officially over. Notably, the not-so-secret ingredient for Grok-3’s progress— which, as Ben Thompson notes in Stratechery, comes just 19 months after a standing start—was xAI’s enormous stockpile of Nvidia chips. But what DeepSeek wasn’t, it turns out, was a threat to the status quo of AI companies spending as much money on …

Nvidia shares almost recover from DeepSeek rout after Grok 3 launch, huge South Korean order
1 month, 2 weeks ago

Nvidia shares almost recover from DeepSeek rout after Grok 3 launch, huge South Korean order

Hindustan Times  

Semiconductor giant Nvidia's shares have almost recovered from the losses it experienced after Chinese Artificial Intelligence startup DeepSeek launched its low-cost AI model. This comes after Elon Musk's AI startup xAI launched Grok 3 and an announcement came of the South Korean government looking to order a huge number of chips from the chip maker. The DeepSeek launch impacted Nvidia …

Amazon pours fuel on Big Tech spending after DeepSeek panic
1 month, 3 weeks ago

Amazon pours fuel on Big Tech spending after DeepSeek panic

Live Mint  

There’s stepping on the gas, and then there’s flooring it. Amazon didn’t give a precise forecast but said the $26.3 billion of capital spending in the latest quarter was a run rate that will be “reasonably representative" of what the company will spend this year. Microsoft’s quarterly report last week has analysts now expecting total capital spending of nearly $94 …

This stock has been moving in tandem with Nvidia. How deep do the parallels run?
1 month, 4 weeks ago

This stock has been moving in tandem with Nvidia. How deep do the parallels run?

Live Mint  

Artificial intelligence is a key emerging theme that promises to reshape the future. How deep the parallels run Even as Netweb Technologies is involved in developing AI GPU systems in partnership with Nvidia, the latter operates on a much larger scale. Netweb's unique challenges Going by the distinctly different business dynamics and client-profiles of Netweb versus Nvidia, AI disruption will …

Nvidia stock crash: How a Brooklyn-based blogger fueled the AI giant’s $600 bn market collapse; Here’s what report says
2 months ago

Nvidia stock crash: How a Brooklyn-based blogger fueled the AI giant’s $600 bn market collapse; Here’s what report says

Live Mint  

A Brooklyn-based social media blogger, Jeffrey Emanuel, on January 25, 2025, wrote a nearly 12,000-word blog post making a case for shorting one of the top chipmaking AI companies in the world, Nvidia Corp., reported the news portal MarketWatch. The blogger also cited that the Chinese AI platform DeepSeek did in a much cheaper way what big tech companies like …

Microsoft and Meta’s AI splurge still not enough for Nvidia
2 months ago

Microsoft and Meta’s AI splurge still not enough for Nvidia

Live Mint  

That was what Microsoft and Meta Platforms have in combined capital spending in the December-ended quarter, according to the companies’ earnings reports Wednesday afternoon. And that follows a bruising run that has already clipped around 15% off the company’s stock price since last week, when a Chinese AI startup published claims about developing an advanced AI model at a fraction …

‘People don’t know what they own’: Experts explain DeepSeek-related record sell-off after Nvidia shares rise
2 months ago

‘People don’t know what they own’: Experts explain DeepSeek-related record sell-off after Nvidia shares rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. For additional context, including this week’s drop, Nvidia shares …

Nvidia share price rebounds but DeepSeek's AI impact is still deep
2 months ago

Nvidia share price rebounds but DeepSeek's AI impact is still deep

Firstpost  

Nvidia’s stock price, which had fallen by nearly 17 per cent on Monday due to the success of Chinese AI startup DeepSeek’s app, has recovered a chunk of its value by rising 8.9 per cent on Tuesday. The upward momentum in Nvidia’s share price came a day after the stock saw a massive drop of 16.86 per cent, leaving the …

Nvidia share price ends nearly 9% higher amid recovery after biggest single-session loss; Nasdaq gains 2%
2 months ago

Nvidia share price ends nearly 9% higher amid recovery after biggest single-session loss; Nasdaq gains 2%

Live Mint  

Nvidia share price recovered on Tuesday after a sharp slump in the previous session caused by concerns over China’s DeepSeek. The recovery in AI darling Nvidia shares came a day after the stock saw a sharp 17% drop, erasing about $593 billion from its market value in the biggest single-session loss for any company on Wall Street. Nvidia stock technicals …

Nvidia faces a reckoning as Chinese upstart Deepseek raises questions about Wall Street’s darling
2 months ago

Nvidia faces a reckoning as Chinese upstart Deepseek raises questions about Wall Street’s darling

The Hindu  

The superstar run for Nvidia’s stock the last few years has been astonishing. Investors and analysts lauded CEO Jensen Huang as the “Godfather of AI.” Nvidia grew into a $3 trillion-plus behemoth and traded places with titans like Apple to become the most valuable company on Wall Street. Now Nvidia’s specialised chips are key components that help power different forms …

Nvidia is in danger of losing its monopoly-like margins
2 months ago

Nvidia is in danger of losing its monopoly-like margins

Live Mint  

IT IS Common lore in Silicon Valley that no company has a bigger moat than Nvidia, the world’s dominant supplier of chips for artificial intelligence. That was true until January 27th, when a Chinese firm called DeepSeek, bearing an AI model that it said cost less than $6m to train, blew a nearly $600bn hole in the value of the …

Nvidia faces reckoning as Chinese upstart raises questions about Wall Street’s darling
2 months ago

Nvidia faces reckoning as Chinese upstart raises questions about Wall Street’s darling

Live Mint  

New York, Jan 29 The superstar run for Nvidia's stock the last few years has been astonishing. Now Nvidia's specialised chips are key components that help power different forms of artificial intelligence, including the latest generative AI chatbots such as ChatGPT and Google's Gemini. Huang has dubbed AI “the next industrial revolution,” and Nvidia's GPUs are designed to perform artificial …

Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street’s darling
2 months ago

Nvidia faces a reckoning as Chinese upstart raises questions about Wall Street’s darling

Associated Press  

NEW YORK — The superstar run for Nvidia’s stock the last few years has been astonishing. Huang has dubbed AI “the next industrial revolution,” and Nvidia’s GPUs are designed to perform artificial intelligence tasks faster and more efficiently than general-purpose chips like CPUs. On Feb. 23, 2023, after Nvidia breezed past analysts’ expectations for quarterly profit, Huang said that “AI …

Nvidia faces a reckoning as an upstart rival raises questions about Wall Street's darling
2 months ago

Nvidia faces a reckoning as an upstart rival raises questions about Wall Street's darling

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Investors and analysts lauded CEO Jensen Huang as …

DeepSeek: What’s next for tech share prices as Nvidia suffers record $589bn drop after new AI release?
2 months ago

DeepSeek: What’s next for tech share prices as Nvidia suffers record $589bn drop after new AI release?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The emergence of Chinese artificial …

DeepSeek demolishes Nvidia stock, CEO loses $20 billion in a day: Why was the tech giant worst hit?
Top News
2 months ago

DeepSeek demolishes Nvidia stock, CEO loses $20 billion in a day: Why was the tech giant worst hit?

Firstpost  

The surprise success of China’s AI startup, DeepSeek, led to tech stocks being hammered in the US market. Nvidia, the leading supplier of AI chips, was largely impacted; its shares plunged 17 per cent, shedding $600 billion in value and its CEO, Jensen Huang, lost 20 per cent of his net worth. Nvidia’s Huang is poorer by nearly $20 billion …

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices
2 months ago

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The reveal of a new …

Tech Shares Feel The Tremors Of Chinese AI Model DeepSeek, Nvidia Stocks Crash 17 Per Cent
2 months ago

Tech Shares Feel The Tremors Of Chinese AI Model DeepSeek, Nvidia Stocks Crash 17 Per Cent

ABP News  

Tech shares across the world suffered a massive hit following the emergence of the Chinese artificial intelligence model, DeepSeek. Tech giant, Nvidia, saw a bloodbath in the US markets as it crashed 17 per cent on Monday, reported Reuters. The company considered to be the face behind the AI boom in recent years saw a wipeout of $593 billion from …

Nvidia shares fall after China's DeepSeek AI release triggers tech stock selloff
2 months, 1 week ago

Nvidia shares fall after China's DeepSeek AI release triggers tech stock selloff

Hindustan Times  

Nvidia Corp shares plunged early today during premarket trading in the US after Chinese artificial intelligence startup DeepSeek appeared to provide comparable performance to Western chatbots, but at a fraction of the price, Bloomberg reported. Chinese startup DeepSeek's eponymous AI assistant rocketed to the top of Apple Inc.'s iPhone download charts, stirring doubts in Silicon Valley about the strength of …

DeepSeek's 'Sputnik Moment' sends Nvidia and AI giants reeling amid cost revolution
2 months, 1 week ago

DeepSeek's 'Sputnik Moment' sends Nvidia and AI giants reeling amid cost revolution

India Today  

Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on Western companies' dominance in this sector. Startup DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of incumbent players' models, possibly marking a turning …

Nvidia partner SK Hynix posts record quarterly profit surpassing Samsung on AI boom
2 months, 1 week ago

Nvidia partner SK Hynix posts record quarterly profit surpassing Samsung on AI boom

Live Mint  

SK Hynix Inc, the main supplier of high-bandwidth memory to Nvidia Corp, reported a record quarterly profit that surpassed its bigger rival Samsung. South Korea’s SK Hynix posted an operating profit of 8.08 trillion won in the December quarter, slightly above the 8 trillion won average forecast by LSEG SmartEstimate. This is the first time that SK Hynix's quarterly operating …

Why Nvidia needs to appeal to a bigger crowd
2 months, 3 weeks ago

Why Nvidia needs to appeal to a bigger crowd

Live Mint  

The Nvidia co-founder and chief executive was in rare form for the annual conference’s keynote address, even swapping his typical black leather racing jacket for a glittery one. Nvidia’s data center segment alone is projected to generate about $113 billion in revenue for the fiscal year ending in January—more than the projected total revenue of any other chip company this …

Nvidia share price sees biggest single-day fall in four months; slumps over 6% after notching record high
2 months, 3 weeks ago

Nvidia share price sees biggest single-day fall in four months; slumps over 6% after notching record high

Live Mint  

Nvidia share price declined more than 6% on Tuesday, marking the biggest single-day fall in four months, a day after shares closed at a record high. The company wants its products to be the heart of a future tech world with a billion humanoid robots, 10 million automated factories, and 1.5 billion self-driving cars and trucks, Bloomberg reported. Additionally, Nvidia …

Samsung’s Shares Climb After Nvidia Talk Offsets Profit Miss
2 months, 3 weeks ago

Samsung’s Shares Climb After Nvidia Talk Offsets Profit Miss

Live Mint  

-- Samsung Electronics Co.’s shares rose after Nvidia Corp. founder Jensen Huang expressed confidence in the Korean company’s ability to resolve technical issues dogging its highest-end memory, offsetting disappointing quarterly results. Samsung has struggled to get its latest products certified by Nvidia, allowing SK Hynix in particular to carve out a larger slice of the market for the high-bandwidth memory …

Nvidia CEO pitches robotics, cars as growth areas to consumer-electronics audience
2 months, 3 weeks ago

Nvidia CEO pitches robotics, cars as growth areas to consumer-electronics audience

Live Mint  

Nvidia chief Jensen Huang held forth at a consumer-electronics showcase in Nevada on Monday, touting his inroads in AI agents, self-driving cars and robotics on a day when his company’s valuation reached its highest level. Taking the stage at the annual CES conference in Las Vegas, Huang showed “physical AI" tools that he said would help robots learn using simulated …

Nvidia's market value gets $2 trillion boost in 2024 on AI rally
3 months ago

Nvidia's market value gets $2 trillion boost in 2024 on AI rally

The Hindu  

Nvidia emerged as the biggest global gainer in market capitalisation for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. At …

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
3 months ago

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally

Live Mint  

- Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. …

Chinese tech giants bought more NVIDIA AI GPUs than Meta, Google, Amazon; Microsoft biggest buyer
3 months ago

Chinese tech giants bought more NVIDIA AI GPUs than Meta, Google, Amazon; Microsoft biggest buyer

Firstpost  

Tencent and ByteDance ordered roughly 230,000 of NVIDIA’s Hopper GPUs, including a specialised H20 variant tailored to comply with US export regulations for China. That’s more AI GPUs, than Google, Meta, Amazon, or Tesla/xAI Despite restrictions imposed by the US, their GPU acquisitions outpaced tech behemoths like Google, Meta, and Amazon, underscoring their determination to bolster AI capabilities. Image Credit: …

’Magnificent Seven’ Review: Nvidia soars 183% YTD to lead US tech pack in 2024; Meta ranks second; Full list
3 months ago

’Magnificent Seven’ Review: Nvidia soars 183% YTD to lead US tech pack in 2024; Meta ranks second; Full list

Live Mint  

"Magnificent Seven' Review: The ‘Magnificent Seven’ stocks of the US—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla—proved their worth with substantial gains, dominating market trends in 2023. 'Magnificent Seven' Review 2024: Top gainers In 2024, investor's favourite AI chip manufacturing giant Nvidia emerged as the top gainer in the magnificent seven-pack, with its stock price soaring as much as …

Apple approaches $4 trillion valuation as investors bet on AI momentum
3 months, 1 week ago

Apple approaches $4 trillion valuation as investors bet on AI momentum

The Hindu  

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales. it is a function of limited Apple Intelligence features and geographic availability, and as both broaden, it will help to drive an improvement in iPhone demand," Morgan Stanley analyst Erik Woodring said …

Broadcom’s AI success won’t all come at Nvidia’s expense
3 months, 2 weeks ago

Broadcom’s AI success won’t all come at Nvidia’s expense

Live Mint  

There’s a new trillion-dollar AI chip maker in town. Broadcom’s fiscal fourth-quarter report last week included a long-term forecast for its artificial-intelligence business that has lighted up its stock price and pushed the company’s market capitalization past $1 trillion. It also appears to have done the opposite for Nvidia: The AI chip titan’s stock has shed about 4% over the …

Nvidia’s stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
3 months, 3 weeks ago

Nvidia’s stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

The Hindu  

Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. A spokesperson for the company based in Santa Clara, California, said in an emailed statement that Nvidia is “happy to answer any questions regulators may have about our business.” In its most recent earnings release, Nvidia posted …

Nvidia’s stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
3 months, 3 weeks ago

Nvidia’s stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

Associated Press  

Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia’s $6.9 billion acquisition of network and data transmission company Mellanox in 2019. China’s antitrust investigation follows a report this summer by …

Nvidia Says New Chip Remains on Track, Helping Soothe Investors
4 months, 1 week ago

Nvidia Says New Chip Remains on Track, Helping Soothe Investors

Live Mint  

-- Nvidia Corp. assured investors that its new product lineup will continue to fuel an artificial intelligence-driven growth run, while also signaling that the rush to get chips out the door is proving costlier than expected. Speaking after the release of quarterly results, Chief Executive Officer Jensen Huang said that Nvidia’s highly anticipated Blackwell products will ship this quarter amid …

Nvidia’s coming year will be a turbulent one
Trending News
4 months, 1 week ago

Nvidia’s coming year will be a turbulent one

Live Mint  

One problem with being on top is there is often nowhere to go but down. The chip maker’s fiscal third-quarter report Wednesday afternoon showed annual sales crossing the $100 billion mark for the first time ever—more than double what it was generating a year ago. But the stock still slipped about 2% in after-hours trading since the projection beat Wall …

NVIDIA sees a record 94% surge in revenue, more than doubles its profit from last year
4 months, 1 week ago

NVIDIA sees a record 94% surge in revenue, more than doubles its profit from last year

Firstpost  

NVIDIA’s revenue jumped to a record $35.1 billion, which is a staggering 94 per cent increase from the same period last year. Profits more than doubled this quarter compared to last year, reaching $19.3 billion A significant chunk of NVIDIA’s revenue came from its data centre division, which brought in $30.8 billion. Revenue soared to a record $35.1 billion, marking …

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