Page 5 - Nvidia Corp News Today

Intel has agreed to sell a stake in a plant in Ireland to Apollo Global Management Inc. for $11bn, helping bring in more external funding for a massive expansion of its factory network.

(Bloomberg) -- Intel Corp. agreed to sell a stake in a venture that controls a plant in Ireland to Apollo Global Management Inc. for $11 billion, helping bring in more external funding for a massive expansion of its factory network.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?Bonds Rally as Traders Reload Fed Bets After Data: Marke...

(Bloomberg) -- Elon Musk confirmed he diverted artificial intelligence chips away from Tesla Inc. to his X Corp. and xAI Corp. ventures, offering explanations both for the redirected shipment and internal Nvidia Corp. emails casting doubt on the carmaker’s procurement plans.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?BlackR...

(Bloomberg) -- Hewlett Packard Enterprise Co. reported revenue that beat analysts’ estimates on a big jump in sales of servers built to handle artificial intelligence work. The shares gained 17% in extended trading.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?BlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEB...

Chip stocks led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Qualcomm Inc (NASDAQ:QCOM), Micron Technology, Inc (NASDAQ:MU) and Arm Holdings Plc (NASDAQ:ARM) were trading lower Tuesday amid reports of Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) plans to boost the price of its AI chip production services. TSMC stock also traded lower on Tuesday. U.S. Big Tech stocks harboring AI ambitions are also trading lower Tuesday, including Microsoft Corp (NASDAQ:MSF...

AI server vendor Super Micro Computer, Inc (NASDAQ:SMCI) stock traded lower Tuesday in sympathy with the broader semiconductor industry as Taiwan Semiconductor Manufacturing Co (NYSE:TSM) weighs price hikes for its AI chip production services as per a Nikkei Asia report. Meanwhile, at Computex 2024, Supermicro launched its X14 server portfolio, supporting Intel Corp (NASDAQ:INTC) Xeon 6700-series processors with E-cores and future support for Intel Xeon 6900 series processors with P-cores. Based

The Atlanta Fed lowered the growth estimate for the second quarter on Monday citing recent economic data. The GDPNow model estimate for seasonally adjusted annual real GDP growth in the second quarter was lowered to 1.

The Atlanta Fed lowered the growth estimate for the second quarter on Monday citing recent economic data. The GDPNow model estimate for seasonally adjusted annual real GDP growth in the second quarter was lowered to 1.

Nvidia CEO Huang announces roadmap for new semiconductors.

Interest income reaped by non-financial companies on the S&P 500 jumped about 60% in the first quarter.