Tag: $Nvidia Corp

Nvidia Chief Executive Jensen Huang on Monday kicked off his company’s annual developer conference with a slew of announcements designed to keep the chip maker in a dominant position in the artificial-intelligence industry.

The stock and earnings moves raise the stakes for the company’s latest developers conference, which kicks off in San Jose Monday afternoon, with a keynote from founder and CEO Jensen Huang.

Nvidia , whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its AI platform.

Nvidia shares jumped 14% in pre-market trade on Thursday after the chip giant posted bumper earnings that beat Wall Street estimates, driven by excitement over artificial intelligence.

Imagine a more private and personalized ChatGPT that allows users to talk to data stored locally on their own computers.

Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence processors, according to nine sources familiar with the company’s plans.

U.S. chipmaking giant Nvidia is set to launch an adjusted version of a gaming processor with slower performance in China to comply with U.S. export restrictions.

BEIJING/SINGAPORE, Dec 11 (Reuters) – Chinese chip designers including Tencent Holdings are aggressively pitching their AI chips as alternatives to Nvidia’s , hoping U.S. export restrictions will prompt clients to switch, said four people familiar with such discussions.

The new chip, called the H20, was being delayed due to issues server manufacturers were having integrating the semiconductor into their products, Reuters reported.

Nvidia’s results surpassed analysts’ projections for revenue and income in the fiscal fourth quarter.

Nvidia has been hit with a series of restrictions on exports of its artificial-intelligence chips to China. However the chip maker isn’t giving up on a promising market for its AI processors. 

Oct 23 (Reuters) – Nvidia dominates the market for artificial intelligence computing chips. Now it is coming after Intel’s longtime stronghold of personal computers.

Nvidia and a number of other AI chip companies saw their shares fall Tuesday morning due to new U.S. export restrictions on China.

Nvidia issued a fresh warning that further U.S. export curbs on its chips to China would risk a “permanent loss” for American semiconductor firms to lead in one of the world’s largest markets.

Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors — including U.S. chip giant Nvidia, the company told CNBC exclusively.

Dutch firm ASML and Taiwan’s TSMC, two of the world’s most important semiconductor firms, got a share price boost on Thursday after Nvidia’s earnings impressed investors.

Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading.

Nvidia Corp on Monday said it has worked with the U.K.’s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel Corp and Advanced Micro Devices Inc .