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Nvidia Reports 'Off The Charts' Demand For AI Chips
Nvidia shares climbed Wednesday after it beat quarterly earnings expectations on fierce demand for its sophisticated chips for powering artificial intelligence.
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Opinion | 95% Of Gen-AI Projects Are Failing - And Markets Can Smell The Fear
Many firms are struggling to display profits from their AI investment. A new MIT study revealed that approximately 95% of generative AI business efforts are failing, with only 5% achieving meaningful revenue growth.
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OpenAI and AMD Announce Partnership to Deploy 6GW of AI Infrastructure
AMD and OpenAI have signed a multi-year partnership to build AI infrastructure, with OpenAI set to deploy 6GW of AMD GPUs over several years and chip generations, starting with Instinct MI450 GPUs in 2026. The deal could generate tens of billions in revenue for AMD. OpenAI can purchase up to 160 million AMD shares upon meeting deployment and share ...
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Chip Giants Nvidia, AMD To Give 15% Of China Sales To US Government
Nvidia and AMD have agreed to give the US government 15 per cent of revenue from sales to China of advanced computer chips like Nvidia's H20 that are used for artificial intelligence applications, a US official told Reuters on Sunday.
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Samsung Q4 Earnings Expected to Be Hit by Nvidia AI Chip Supply Delay
Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion roughly Rs. 47,984 crore) in the quarter ended December, up from a low base of WON 2.8 trillion (roughly Rs.16,562 crore) a year earlier but down from WON 9.18 trillion (roughly Rs. 54,284 crore) in the preceding quarter.
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Nvidia To Balance "Compliance And Tech Advances" Under Donald Trump Administration
Nvidia reported record-high quarterly revenue on the back of strong AI chip demand, though investors are wary of US-China tensions reheating during a new Trump term.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
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Nations Building Their Own AI Models Add To Nvidia's Growing Chip Demand
Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue in the financial year ending in January 2025, Nvidia forecasts
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Nvidia Adds Jet Fuel to AI Optimism With Record Results, $25 Billion Stock Buyback
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fuelled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours.
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Softbank-Owned Chip Firm Arm Reveals Filing for Blockbuster US IPO: Details
SoftBank Group Corp's Arm Holdings Ltd reported a 1 percent fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year.
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Nvidia Quarterly Earnings Will Test AI Demand, Dictate Tech Market
Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The company has been the biggest beneficiary of the rise of ChatGPT and other generative artificial intelligence apps, virtually all of which are powered by its graphics processors.
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Nvidia, AMD, Other US Chipmakers See Share Prices Fall as US Plans Curbs on Export to China
Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July. Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world's second largest economy for at least a fifth of their revenue, fell...
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Nvidia Isn’t the Only One Getting a Massive AI Boost
There’s no doubt the AI revolution is here, with makers of cool chatbots, ubiquitous search engines and high-powered processors among the biggest winners. But those churning out boring old memory chips won’t be left out either.
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Qualcomm to Acquire Auto Chipmaker Autotalks, to Incorporate Technology in Snapdragon Digital Chassis
Qualcomm on Monday said that it would acquire Autotalks, an Israeli firm that makes auto chips designed to prevent crashes in vehicles. The technology will be utilised in Qualcomm's assisted and autonomous driving product, called Snapdragon Digital Chassis. The chipmaker's Snapdragon Digital Chassis product competes with products from Intel's Mobil...
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Nvidia Reports 'Off The Charts' Demand For AI Chips
Nvidia shares climbed Wednesday after it beat quarterly earnings expectations on fierce demand for its sophisticated chips for powering artificial intelligence.
-
Opinion | 95% Of Gen-AI Projects Are Failing - And Markets Can Smell The Fear
Many firms are struggling to display profits from their AI investment. A new MIT study revealed that approximately 95% of generative AI business efforts are failing, with only 5% achieving meaningful revenue growth.
-
OpenAI and AMD Announce Partnership to Deploy 6GW of AI Infrastructure
AMD and OpenAI have signed a multi-year partnership to build AI infrastructure, with OpenAI set to deploy 6GW of AMD GPUs over several years and chip generations, starting with Instinct MI450 GPUs in 2026. The deal could generate tens of billions in revenue for AMD. OpenAI can purchase up to 160 million AMD shares upon meeting deployment and share ...
-
Chip Giants Nvidia, AMD To Give 15% Of China Sales To US Government
Nvidia and AMD have agreed to give the US government 15 per cent of revenue from sales to China of advanced computer chips like Nvidia's H20 that are used for artificial intelligence applications, a US official told Reuters on Sunday.
-
Samsung Q4 Earnings Expected to Be Hit by Nvidia AI Chip Supply Delay
Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion roughly Rs. 47,984 crore) in the quarter ended December, up from a low base of WON 2.8 trillion (roughly Rs.16,562 crore) a year earlier but down from WON 9.18 trillion (roughly Rs. 54,284 crore) in the preceding quarter.
-
Nvidia To Balance "Compliance And Tech Advances" Under Donald Trump Administration
Nvidia reported record-high quarterly revenue on the back of strong AI chip demand, though investors are wary of US-China tensions reheating during a new Trump term.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
-
Nations Building Their Own AI Models Add To Nvidia's Growing Chip Demand
Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue in the financial year ending in January 2025, Nvidia forecasts
-
Nvidia Adds Jet Fuel to AI Optimism With Record Results, $25 Billion Stock Buyback
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fuelled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours.
-
Softbank-Owned Chip Firm Arm Reveals Filing for Blockbuster US IPO: Details
SoftBank Group Corp's Arm Holdings Ltd reported a 1 percent fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year.
-
Nvidia Quarterly Earnings Will Test AI Demand, Dictate Tech Market
Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The company has been the biggest beneficiary of the rise of ChatGPT and other generative artificial intelligence apps, virtually all of which are powered by its graphics processors.
-
Nvidia, AMD, Other US Chipmakers See Share Prices Fall as US Plans Curbs on Export to China
Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July. Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world's second largest economy for at least a fifth of their revenue, fell...
-
Nvidia Isn’t the Only One Getting a Massive AI Boost
There’s no doubt the AI revolution is here, with makers of cool chatbots, ubiquitous search engines and high-powered processors among the biggest winners. But those churning out boring old memory chips won’t be left out either.
-
Qualcomm to Acquire Auto Chipmaker Autotalks, to Incorporate Technology in Snapdragon Digital Chassis
Qualcomm on Monday said that it would acquire Autotalks, an Israeli firm that makes auto chips designed to prevent crashes in vehicles. The technology will be utilised in Qualcomm's assisted and autonomous driving product, called Snapdragon Digital Chassis. The chipmaker's Snapdragon Digital Chassis product competes with products from Intel's Mobil...
