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Nvidia stocks jump in pre-trading as CEO Jensen Huang reveals inside information for investors. Details hereNvidia expects revenue of $91 billion, plus or minus 2 per cent, compared with estimates of $86.84 billion, according to data compiled by L...
Nvidia posts record $81.6 billion quarterly revenue on AI spending boomChip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand fo...
Cerebras to raise IPO price range to $150-$160 as demand surgesCerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is consider...
Nvidia eyes $1 trillion in revenue through 2027: What's driving this growth?This signals Huang's confidence that Nvidia will remain the biggest company in the market for AI chips even as competition grows. Investors...
Nvidia CEO Huang starts keynote at AI megaconference GTCShares of Nvidia - the world's most valuable listed company with a market capitalization of more than $4.3 trillion - were up 2.4% on Monda...
Nvidia CEO Jensen Huang sees at least $1 trillion of AI chip revenue opportunity through 2027Nvidia's chief Jensen Huang forecasts a massive one trillion dollar revenue opportunity for its AI chips by 2027. This projection highlight...
Nvidia CEO to showcase next-gen AI chip Feynman at developer megaconference GTCNvidia CEO Jensen Huang will unveil the new AI chip Feynman at the company's developer conference. The event will also focus on Groq techno...
Nvidia, joining Big Tech deal spree, to license Groq technology, hire executivesNvidia has licensed chip technology from startup Groq and hired its CEO, a former Google AI veteran. This deal follows a trend of tech gian...
Amazon stock jumps as AWS unveils new AI chip: Amazon claims Trainium 3 is 50% cheaper and 4.4× faster for AI trainingAmazon stock jumps after AWS unveils its in-house AI chip, Trainium3. The company claims it is 4.4x faster than its previous generation. En...
Jensen Huang may have met his match, and it’s not AMD, but a stealthy South Korean challengerFuriosaAI, a rising South Korean chipmaker, is quietly emerging as a serious Nvidia challenger in the AI hardware world. After turning down...
Groq eyes $6 billion valuation after $1.5 billion Saudi AI chip dealGroq, a US-based AI chip maker, plans to secure funding. The company aims to raise between $300 million and $500 million. This funding supp...
EnCharge AI raises over $100 million in funding to bring AI inference chips to marketStartup EnCharge AI raised over $100 million in Series B funding to develop energy-efficient AI inference chips for edge computing. Their a...
Nvidia rivals focus on building a different kind of chip to power AI productsRivals of Nvidia think they can compete with the chip giant in selling so-called AI inference chips that are more attuned to the day-to-day...
AI chip startup Groq valued at $2.8 billion after latest funding roundThe Silicon Valley firm, founded by a former Alphabet engineer, specializes in producing AI inference chips - a type of semiconductor that ...
Beyond Nvidia: the search for AI's next breakthroughFor a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are quest...
Meta to deploy in-house custom chips this year to power AI drive: memoFacebook owner Meta Platforms plans to deploy a new version of its custom chip, called Artemis, in its data centers this year. The chip aim...
Facebook developing machine learning chip: ReportFacebook's move comes as major technology firms, including Apple Inc Amazon.com Inc and Alphabet Inc's Google, are increasingly ditching tr...