Searched for
CHIP GIANT NVIDIA
Global Market Today: Asian stocks join US selloff as AI slump deepensSouth Korea’s tech-heavy Kospi Index slid 8.8% in early trading, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and ...
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across marketsAs Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial...
Weak quarter for Intel sends shivers through cooling chip stocksChip stocks, particularly those affected by Intel's earnings, faced significant declines following the report's release. Intel attributed i...
Google's Nvidia chip challenge boosts cloud sales, crimps cash flowThe trade-off, outlined by finance chief Anat Ashkenazi on Alphabet's post-earnings call on Wednesday, offers an early look at the costs of...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
AI chip giant SK hynix says quarterly operating profit soars 630%South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artifi...
Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
Nvidia acquired synthetic-data startup Gretel in 2025 for more than its $320 million valuation; who were its founders?It was founded in 2019 by Alex Watson, John Myers and Ali Golshan. Gretel had raised more than $67 million in venture capital funding befor...
Nvidia boss criticises 'cheap' AI doomsday warningsAt a recent conference in Berlin, Nvidia's CEO Jensen Huang confronted fears surrounding artificial intelligence that could threaten humani...
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip ordersUS-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese techn...