Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations
4 months, 1 week ago

Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations

Live Mint  

Nvidia Q3 Results: Nvidia delivered blockbuster third-quarter results on Wednesday, with revenue nearly doubling amid unrelenting demand for its artificial intelligence chips. The company posted revenue of $35.08 billion for the quarter ending October 27, a staggering 94 per cent increase from $18.12 billion in the same period last year. “The guidance seems to show lower growth, but this may be Nvidia being conservative,” said Alvin Nguyen, an analyst at Forrester Research Inc. “Short term, there is no worry about AI demand. AI Chips Drive Revenue, Supply Challenges Emerge Nvidia’s data center revenue jumped 112% year-over-year to $30.8 billion, fueled by the Hopper computing platform, which supports large language models, generative AI, and recommendation engines.

Revenue Billion Ai Nvidia  nvidia  billion  ai  results  guidance  nearly  company  stock  q3  fails  chips  supply  revenue  expectations  meet  nvidias  demand

History of this topic

Nvidia expected to reveal details of latest AI chip at conference
1 week, 6 days ago

Nvidia expected to reveal details of latest AI chip at conference

Deccan Chronicle  

San Jose: Nvidia CEO Jensen Huang is expected on Tuesday to reveal fresh details about the company's newest artificial intelligence chip at its annual software developer conference. Much of that success stemmed from the decade that the Santa Clara, California-based company spent building software tools to woo AI researchers and developers - but it was Nvidia's data center chips, which …

Nvidia's Jensen Huang to unveil cutting-edge AI and quantum computing processors
2 weeks ago

Nvidia's Jensen Huang to unveil cutting-edge AI and quantum computing processors

Firstpost  

Industry analysts anticipate Huang highlighting Nvidia’s newest Blackwell range of graphics processing units, which has fresh improvements in the works The AI boom propelled Nvidia stock prices to stratospheric levels until a steep sell-off early this year triggered by the sudden success of DeepSeek. Reuters Nvidia CEO Jensen Huang is scheduled to unveil cutting-edge processors for artificial intelligence and quantum …

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

How Nvidia adapted its chips to stay ahead of an AI industry shift
1 month ago

How Nvidia adapted its chips to stay ahead of an AI industry shift

Live Mint  

Nvidia faced a growing threat early last year: The artificial-intelligence world was shifting in a way that invited competition. But Nvidia was already preparing to adapt and stay at the forefront of the AI race despite the shift away from creating models and toward operating them, a process known in the industry as “inference." Inference has become a growing focus …

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

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

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
1 month 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 has leapt back into the AI game as panic over DeepSeek ebbs
1 month, 1 week 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 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 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 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 …

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 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 …

CES 2025: Nvidia's new personal AI supercomputer costs over Rs 2,50,000 and anyone can use it at home or office
2 months, 3 weeks ago

CES 2025: Nvidia's new personal AI supercomputer costs over Rs 2,50,000 and anyone can use it at home or office

India Today  

Nvidia, a giant in the artificial intelligence hardware game, is shaking things up by bringing AI capabilities straight to your desk. Project Digits, with the new GB10 Superchip designed with MediaTek, makes our most powerful Grace Blackwell platform more accessible — placing it in the hands of developers, researchers, and students to solve the most pressing issues of our time,” …

Nvidia's market value gets $2 trillion boost in 2024 on AI rally
2 months, 4 weeks 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
2 months, 4 weeks 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. …

NVIDIA completes $700 million acquisition of Israeli AI startup Run:ai, to turn it Open Source
3 months ago

NVIDIA completes $700 million acquisition of Israeli AI startup Run:ai, to turn it Open Source

Firstpost  

While NVIDIA has not disclosed the financial details of the transaction, reports from Israeli publication Calcalist earlier this year estimated the deal’s value at $700 million. This marks NVIDIA’s second major investment in Israel’s tech landscape Run:ai’s technology aligns seamlessly with NVIDIA’s vision. Founded in 2018 by Omri Geller and Ronen Dar, Run:ai has gained recognition for its innovative approach …

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: …

Nvidia introduces device aimed at small companies, hobbyists
3 months, 2 weeks ago

Nvidia introduces device aimed at small companies, hobbyists

Live Mint  

TOKYO—Nvidia said Tuesday that it was introducing a $249 version of its Jetson computer for artificial intelligence applications, half the price of its predecessor, to attract more hobbyists and small companies. The Jetson computers are essentially portable brains, mostly designed to allow developers of robots, industrial automation and other hardware to run sophisticated AI computations directly without connecting to a …

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 …

The next AI battle: Who can get the most Nvidia chips in one place
4 months, 1 week ago

The next AI battle: Who can get the most Nvidia chips in one place

Live Mint  

Tech titans have a new way to measure who is winning in the race for AI supremacy: who can put the most Nvidia chips in one place. Now some of the most ambitious players are escalating those efforts by building so-called super clusters of computer servers that cost billions of dollars and contain unprecedented numbers of Nvidia’s most advanced chips. …

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 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 …

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months, 1 week ago

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

The Hindu  

Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialised computer chips that power artificial intelligence systems remains robust. Analysts’ were eyeing Nvidia’s guidance on its Blackwell graphics processor unit, a next-generation artificial intelligence chip that's seen demand from companies like OpenAI and others building AI data centers. Nvidia has led the artificial intelligence …

Nvidia Says New Chip Remains on Track After Forecast Disappoints
Trending News
4 months, 1 week ago

Nvidia Says New Chip Remains on Track After Forecast Disappoints

Live Mint  

-- Nvidia Corp. assured investors that its new product lineup can maintain the company’s AI-fueled growth run, though the rush to get the chips out the door is proving more costly 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 “very strong” demand. …

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months, 1 week ago

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

Associated Press  

LOS ANGELES — Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. Analysts’ were eyeing Nvidia’s guidance on its Blackwell graphics processor unit, a next-generation artificial intelligence chip that’s seen demand from companies like OpenAI and others building AI data centers. Nvidia has led …

Nvidia Q3 results preview: Wall Street traders brace for $300 billion swing in market value, stock up 200% YTD
4 months, 1 week ago

Nvidia Q3 results preview: Wall Street traders brace for $300 billion swing in market value, stock up 200% YTD

Live Mint  

Nvidia Q3 Results Today: Artificial intelligence chipmaking giant Nvidia Corp will announce its third-quarter earnings results today amid a broader drag in Wall Street's frontline indices. Nvidia’s stock has rallied nearly 200 per cent so far in 2024 and its reports have been the biggest event on the earnings calendar for more than a year. Nvidia Q3 Results Preview Wall …

Nvidia's Revenue Forecast Fails to Meet Expectations
4 months, 1 week ago

Nvidia's Revenue Forecast Fails to Meet Expectations

Bloomberg  

00:00 Four in video. Analysts were looking for 33 and a quarter billion data center revenue, which is a key part of Nvidia's business here, $30.8 billion. Fourth quarter revenue will be 37 and a half billion dollars plus or -2%. So the stock is down about 5% as it tries to digest this market, tries to digest these headlines …

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
4 months, 1 week ago

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

LA Times  

Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. Analysts were eyeing Nvidia’s guidance on its Blackwell graphics processor unit, a next-generation artificial intelligence chip that has seen demand from companies such as OpenAI and others building AI data centers. On an earnings call …

Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body
4 months, 3 weeks ago

Nvidia’s R2-D2-like robot should focus on developing its AI brain and not body

Live Mint  

One of the memorable moments of Nvidia Corp’s most recent conference for developers came towards the end of the chip giant’s semi-annual event. Having captured one of the most lucrative markets in recent times for chips that can train and run Generative AI systems, Huang has been talking up three other areas he’s now eyeing for growth: autonomous vehicles, quantum …

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector
4 months, 3 weeks ago

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector

Firstpost  

The buzz around NVIDIA isn’t just politics. The company has become a major player in the US stock market’s tech rally, driven by a fierce competition among Microsoft, Alphabet, and others in the race to dominate artificial intelligence The AI chip giant saw its stock jump by 2.2 per cent, a bump that propelled NVIDIA's market capitalisation to $3.65 trillion, …

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster
4 months, 4 weeks ago

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster

Live Mint  

The article explores the hyperconcentration of the semiconductor industry, with a focus on the impact of Nvidia's dominance on the market. Despite Nvidia's significant revenue growth, the foundries and equipment-makers who design and manufacture chips are left with a much smaller share of the profits. This disparity is attributed to the hyperspecialization of the industry, which has led to a …

Nvidia suffers record $279 billion loss in market value as Wall Street drops
6 months, 4 weeks ago

Nvidia suffers record $279 billion loss in market value as Wall Street drops

The Hindu  

Shares of AI heavyweight Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data. Nvidia lost $279 billion in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology that …

Today’s top tech news: Apple, Nvidia expected to join OpenAI funding; Nvidia’s forecast dampens AI enthusiasm; Character.AI lays off 5% staff
7 months ago

Today’s top tech news: Apple, Nvidia expected to join OpenAI funding; Nvidia’s forecast dampens AI enthusiasm; Character.AI lays off 5% staff

The Hindu  

Apple, Nvidia expected to join OpenAI funding Apple and Nvidia are in talks to invest in OpenAI as part of a new fundraising round that would value the ChatGPT maker above $100 billion, according to media reports on Thursday. OpenAI has become increasingly important to Apple’s artificial intelligence strategy, with the iPhone maker bringing the AI firm’s chatbot, ChatGPT, to …

Nvidia share price falls despite strong earnings results
7 months ago

Nvidia share price falls despite strong earnings results

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 Nvidia’s share price has fallen …

Nvidia can’t escape shadow of AI spending fears
7 months ago

Nvidia can’t escape shadow of AI spending fears

Live Mint  

Nvidia has made life at the top look easy. Nvidia’s overall top and bottom lines beat Wall Street’s targets, as did the company’s forecast for the current period ending in October. Nvidia’s projected revenue of $32.5 billion for the current quarter ending in October was 2% ahead of Wall Street’s targets; the company’s projection for the same period last year …

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers

Associated Press  

Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecast s. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. $26.3 billion Nvidia’s revenue from its data center business for the quarter ended July 31, up 154% from a year ago. $32.5 billion Nvidia’s estimate for overall revenue …

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers

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 Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Nvidia reports record quarterly revenue as AI chip demand continues
7 months ago

Nvidia reports record quarterly revenue as AI chip demand continues

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 US computer chip giant Nvidia …

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched
7 months ago

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched

NPR  

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched The chip company Nvidia is the darling of the AI boom. Microsoft, Google, Facebook, Amazon and others are spending billions of dollars on AI, and they've said they expect to spend billions more, which is why analysts like Matt Bryson are so excited about Nvidia. He's an …

Sales set to double for chip giant Nvidia as AI frenzy persists
7 months, 1 week ago

Sales set to double for chip giant Nvidia as AI frenzy persists

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. The chip firm, which is currently the world’s second …

Nvidia's new AI chip delay due to design flaws to affect Amazon, Google, and Microsoft: Report
7 months, 4 weeks ago

Nvidia's new AI chip delay due to design flaws to affect Amazon, Google, and Microsoft: Report

Hindustan Times  

Nvidia Corp.’s upcoming artificial intelligence chips will be delayed because of design flaws, The Information reported, citing two unnamed sources part of the chip and server hardware production. The delay, which is estimated to be around three months or even more, could directly affect some of Nvidia's biggest customers, which includes Meta, Google, and Microsoft. Nvidia had informed Microsoft earlier …

Nvidia slumps as tech sell-off deepens
8 months ago

Nvidia slumps as tech sell-off deepens

The Telegraph  

Microsoft shares have fallen heavily as the software giant reported disappointing results that deepened investors’ fears about the artificial intelligence boom. Despite the figures being better than forecast, investors took fright at lower-than-expected sales in its cloud computing division, which is seen as the company’s key growth driver. Microsoft’s figures triggered a wider sell-off in after-hours trading with Nvidia falling …

Samsung expects profits to jump nearly 15-fold thanks to AI boom
8 months, 3 weeks ago

Samsung expects profits to jump nearly 15-fold thanks to AI boom

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 Samsung expects its profits for …

How Santa Clara chipmaker Nvidia became one of the world’s most valuable companies in the AI boom
9 months, 1 week ago

How Santa Clara chipmaker Nvidia became one of the world’s most valuable companies in the AI boom

LA Times  

People gather in the Nvidia booth at the Mobile World Congress mobile phone trade show in 2014 in Barcelona, Spain. Recently, Apple was overtaken by Microsoft, and this week there was briefly a new king of Wall Street — once again a Bay Area company: Nvidia, which makes semiconductors in high demand for artificial intelligence applications. Nvidia shares have been …

Discover Related