Page 77 - Graphics Processing Units News Today

Because forecasts for Nvidias earnings rose dramatically, its price/earnings ratio is actually lower than it was before its shares climbed 25% on Thursday.

Amazon is the worlds largest cloud-computing company. But investors ignored the stock on a day when many other plays were up sharply.

The company is leading maker of chips used for videogames, artificial intelligence, and cloud computing applications.

Intuit boosts its fiscal-year earnings and revenue outlook but its fourth-quarter profit estimate misses estimates, Palo Alto Networks raises guidance on profit, revenue, and billings for the fiscal year, and XPengs quarterly revenue falls 46%.

Apple strikes a 5G component deal with Broadcom, luxury brand stocks are under pressure, and other news to start your day.

Nvidia stock has more than doubled this year, while Microsoft, Broadcom and Oracle are all up more than 20%.

Intel provided a few details on a chip optimized for AI computing that it plans to introduce in 2025. The company appears to be shifting gears and altering its strategy for the dynamically altering market.

Intel said it was competing in AI chips but it faces a delay in launching its next generation graphics-processing unit.

China’s cyberspace regulator told companies involved in critical information systems to stop buying Micron chips.

Nvidia said a new supercomputer will be based on its Grace CPU Superchip, marking a push into an area dominated by Intel and AMD.