Artificial Intelligence Chipmaker News Today

Nvidia, up about 50% this year, could see its shares swing by about 11% in either direction following its quarterly results on Feb. 21, according to data from options analytics service ORATS

Graphcore produces AI chips called intelligence processor units (IPUs) that aim to take on Nvidia. It reported pre-tax losses widened 11% to $204.6 million, according to a filing of its 2022 financial statements filed Wednesday.