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August 23, 2023
(Reuters) -Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fueled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours. Nvidia's forecast beat expectations by billions of dollars, demonstrating that a boom in generative AI technologies that can read and write in human-like ways - and powered almost exclusively by Nvidia's chips - shows no signs of slowing down. N...
August 23, 2023
Nvidia Inc. is scheduled to report earnings after Wednesdays close. Here is a closer look at the numbers and what it means for the market.
August 10, 2023
Nvidia: Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth $1 billion to acquire about 100,000 A800 processors from the U.S. chipmaker to be delivered this year, the FT reported, citing multiple people familiar with the matter.
August 6, 2023
Companies are hoping that artificial intelligence will be the answer to their problems and a way to refresh aging product lines that havent changed all that much in recent years
July 12, 2023
IBM is hoping to take advantage of the boom in generative AI technologies that can write human-like text more than a decade after Watson, its first major AI system, failed to gain market traction.
June 24, 2023
By investing money in Europe, Nvidia would join other semiconductor giants like Intel that are also looking to open new operations in the European Union, with the help of government subsidies.
May 26, 2023
The surge more than doubled the stock's value for this year and increased the chip designer's market capitalization by about $184 billion to nearly $939 billion.
April 5, 2023
Artificial intelligence chips from Qualcomm Inc beat Nvidia Corp in two out of three measures of power efficiency in a new set of test data published on Wednesday, while a Taiwanese startup bested both in one category. Analysts believe that the market for data center inference chips will grow quickly as businesses put AI technologies into their products.
October 19, 2022
OCI will deploy tens of thousands more NVIDIA GPUs to its cloud service, including A100 and upcoming H100 accelerators, which were included in export control list to China last month, , oracle, nvidia, oci, ai, NVIDIA chips