Tag - nvidia



Nvidia founder and CEO Jensen Huang delivers a keynote address on the latest innovations in AI, during a developers conference at the SAP Center in San Jose, California, on March 18. Nvidia on Wednesday issued a second-quarter revenue forecast of about $28 billion, topping the $26.8 billion predicted by analysts.
BUSINESS / Companies
May 23, 2024
Nvidia delivers on AI hype, igniting $140 billion stock rally
Its shares rose as much as 7.8% in extended trading on Wednesday, taking them above $1,000 for the first time.
U.S. President Joe Biden touts the economic benefits of semiconductor investment at Intel’s Ocotillo Campus in Chandler, Arizona, on March 20.
May 13, 2024
Global chips battle intensifies with $81 billion subsidy surge
The rush of funding has hardened battle lines in the U.S.-China trade war, including in nations like Japan.
The V.Stella generative AI assistant at the Integrit booth on the opening day of the Mobile World Congress (MWC) at the Fira de Barcelona venue in Barcelona on Feb. 26.
Apr 8, 2024
Wall street hunts AI winners beyond Nvidia in emerging markets
Analysts see a 61% increase in earnings for emerging-market technology companies as a whole
Nvidia Corp Chief Executive Jensen Huang speaks at the COMPUTEX forum in Taipei on May 29, 2023.
Mar 26, 2024
Google, Qualcomm and Intel launch bid to break Nvidia’s grip on AI
Almost as important to Nvidia as its hardware is its CUDA software platform, relied on by more than 4 million global developers to build AI and other apps.
Nvidia's CEO Jensen Huang displays products onstage during the annual Nvidia GTC Artificial Intelligence Conference at SAP Center in San Jose, California, on Monday.
Mar 19, 2024
Nvidia unveils 'superchip' successor to all-conquering AI processor
The new chip, multiple times faster at handling AI models, will be the basis of new computers being deployed by the world’s largest data center operators.
Nvidia CEO Jensen Huang attends a session of the World Governments Summit, in Dubai on Feb. 12.
Mar 2, 2024
Nvidia CEO says AI could pass human tests in five years
As of now, AI can pass tests such as legal bar exams, but still struggles on specialized medial tests such as gastroenterology.
People walk past the booth of an AI chip company at the Mobile World Congress in Barcelona on Tuesday.
Feb 27, 2024
SoftBank, Nvidia and Microsoft team up to use AI in mobile base stations
The alliance aims to work together in preventing communications congestion and promoting the use of smartphone apps using generative AI.
Jeff Bezos — the world’s second-richest person, according to the Bloomberg Billionaires Ranking — is investing in a business that’s developing human-like robots.
Feb 24, 2024
Bezos and Nvidia join OpenAI in funding humanoid robot startup
The startup Figure AI is raising about $675 million in a funding round that carries a pre-money valuation of roughly $2 billion.
When SoftBank Group founder Masayoshi Son bought Arm in 2016 for $32 billion, he had grand plans for the company to dominate the nascent market for connected devices, also known as the Internet of Things.
Feb 21, 2024
Softbank’s Arm is not the AI play most people think it is
Today, GPUs are the gold standard for AI development and thus the equivalent of toilet paper during the pandemic.
TSMC’s surge propelled Taiwan’s benchmark index to a record high, as expectations of booming demand for artificial intelligence technology drove investor sentiment.
Feb 15, 2024
TSMC soars most since 2020, lifting Taiwan on AI optimism
The company’s surge propelled Taiwan’s benchmark index to a record high, as expectations of booming demand for AI technology drove investor sentiment.
Nvidia CEO Jensen Huang attends a session of the World Governments Summit in Dubai on Monday.
BUSINESS / Companies
Feb 15, 2024
Nvidia overtakes Alphabet, one day after eclipsing Amazon
The AI frenzy has boosted tech stocks associated with the field, but Nvidia stands out for its significant revenue growth.
Nvidia's shares slipped 0.17% on Tuesday, leaving its stock market value at $1.78 trillion, eclipsing Amazon's $1.75 trillion value after the online shopping and cloud-computing heavyweight's stock declined 2.15%.
BUSINESS / Companies
Feb 14, 2024
Nvidia market cap threatens Alphabet after overtaking Amazon
The chipmaker's stock market value at the end of Tuesday's trading session was $1.78 trillion, while that of Google's owner was $1.81 trillion.
The Nvidia headquarters in Santa Clara, California
Feb 13, 2024
Nvidia briefly overtakes Amazon in market value
NVIDIA's market value momentarily surpassed Amazon's on Monday, fueled by soaring demand for its chips used in artificial intelligence computing.
The continued demand for and access to banned Nvidia chips underlines the lack of good alternatives for Chinese firms despite the nascent development of rival products from Huawei and others.
Jan 15, 2024
China's military and government acquire Nvidia chips despite ban
The sales by largely unknown Chinese suppliers highlight the difficulties Washington faces.
Nvidia has unveiled three new desktop graphics chips with extra components that will let gamers, designers and other computer users make better use of AI on their personal machines without having to rely on remote services accessed over the internet.
Jan 9, 2024
Nvidia rolls out new chips as part of 'AI PC' push
The firm has unveiled three new desktop graphics chips with extra components that will let users make better use of AI on their personal machines.
The graphics processing units made by U.S.-based Nvidia dominate the market for artificial intelligence.
Dec 4, 2023
Nvidia CEO says he will try to prioritize Japan for AI processors
Japan is rushing to rebuild its once world-leading semiconductor infrastructure and catch up on the development of AI technology.
Washington is taking steps to prevent U.S. chipmakers from circumventing government rules in order to sell to China.
Oct 16, 2023
U.S. to tighten rules aimed at keeping advanced chips out of China
The Biden administration is aiming to close loopholes that might help its geopolitical rival gain cutting-edge technologies.
OpenAI CEO Sam Altman
BUSINESS / Companies
Oct 6, 2023
ChatGPT-owner OpenAI is exploring making its own AI chips: sources
Obstacles include a shortage of the advanced processors and the 'eye-watering' costs associated with running the hardware.
TSMC is expected to see a slower recovery going into 2024 due to weaker demand.
BUSINESS / Companies
Oct 3, 2023
TSMC’s $72 billion dip has markets bracing for more
Shares of the world’s largest contract chipmaker have fallen 10%
The Nvidia headquarters in Santa Clara, California
Sep 28, 2023
AI chip crunch: Startups vie for Nvidia's vital component
Generative AI's lifeblood is a book-sized semiconductor known as the graphics processing unit (GPU) — built by one company, Nvidia.


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