Tag: $Nvidia Corp

Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales in the current period.

Nvidia stock was falling as the chip maker pushed back against a last-minute rush by the Biden administration to issue new regulations over artificial-intelligence technology. The has made an explicit appeal to President-elect Donald Trump to reject such policies

The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

On Monday, Nvidia unveiled its next generation gaming graphic cards at the CES tech trade show in Las Vegas. The company’s CEO, Jensen Huang, announced the coming RTX 5090 card and three other models, all of which will use “Blackwell” architecture chips.

OpenAI’s biggest backer buys nearly half a million GPUs this year in race to build artificial intelligence systems

Nvidia said recent social media posts alleging the company would cut supplies to China were false, according to a company post on Chinese social media.

China said on Monday it has launched an investigation into Nvidia over suspected violations of the country’s anti-monopoly law, a probe widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector.

Taiwan Semiconductor Manufacturing Co is in discussions with Nvidia Corp to produce its Blackwell artificial intelligence chips at the contract manufacturer’s new plant in Arizona, three sources familiar with the matter said.

Nvidia Corp. assured investors that its new product lineup can maintain the company’s artificial intelligence-fueled growth run, though the rush to get the chips out of the door is proving more costly than expected.

Nvidia’s new Blackwell AI chips, which have already faced delays, have encountered problems with accompanying servers that overheat, causing some customers to worry they will not have enough time to get new data centers up and running, the Information reported on Sunday

Nvidia and Sherwin-Williams will join the Dow Jones Industrial Average, replacing Intel and Dow Inc. prior to the opening of trading on Nov. 8, according to S&P Dow Jones Indices, which oversees the venerable 30-stock index.

Shares of SK Hynix rallied 6.5% on Monday after the business announced a next-generation memory chip and the parent company’s chair said that the South Korean semiconductor firm sped up the supply of a key product to Nvidia

Nvidia stock was falling Tuesday. The chip maker may face more limitations on exports of its advanced artificial intelligence chips.

Strong growth due to AI chip demand fails to meet Wall Street’s highest hopes

 Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible with current U.S. export controls, four sources familiar with the matter said.

Ooredoo earlier this week signed a partnership with Nvidia, marking the chipmaker’s first large-scale entry into the Middle East market. The companies did not disclose the value of the deal.

Nvidia leapfrogged Apple and Microsoft to snatch the crown of most valuable company on Tuesday as the chipmaker continued to ride AI-wave to new heights.

One of the world’s most prominent technology ETFs looks poised for a big rebalancing that would ramp up exposure to Nvidia Corp. (NVDA) at the expense of Apple Inc. (AAPL) – spurring billions of dollars in trading volume in one fell swoop.

Stock splits like Nvidia’s don’t matter, or do they? That debate seems to come up every time a new company announces plans to complete one. As with many investing questions, the answer is: It depends.

Nvidia’s historic rally is being driven by its data center business, which grew at a whopping 427% in the latest quarter as companies keep snapping up its artificial intelligence processors.