Nvidia sales surge in the fourth quarter on demand for AI chipsThe fourth-quarter earnings are the company's first report since Chinese company DeepSeek boasted it had developed a large language model t...
27 Feb, 2025, 07.29 AM IST
DeepSeek's low-cost model rattles Australian AI sharesThe new model's sudden rise sent global technology stocks crashing overnight, with leader Nvidia losing $592.7 billion in market capitaliza...
28 Jan, 2025, 04.01 PM IST
Sam Altman on DeepSeek: Invigorating to have a new competitorDeepSeek is a Hangzhou-based startup whose controlling shareholder is Liang Wenfeng, cofounder of quantitative hedge fund High-Flyer, based...
28 Jan, 2025, 08.26 AM IST
Cerebras, an AI chipmaker trying to take on Nvidia, files for an IPOCerebras, based in Sunnyvale, California, unveiled its investor prospectus on Monday, taking an important step toward listing its shares on...
01 Oct, 2024, 05.17 PM IST
Taiwan stocks plunge more than 8%The Taiex, the weighted index on the Taiwan Stock Exchange, was down 8.35 percent at 19,830.88 by the close of morning trade at 1:30 pm (05...
05 Aug, 2024, 12.57 PM IST
Micro stocks shine in China's flagging share marketRetail investors are a big force in China. CSRC Chairman Yi Huiman notes that their transactions accounted for about 60% of the total A-sha...
01 Nov, 2023, 07.55 AM IST
Chip giant Nvidia rides AI wave as profits soarThe Silicon Valley-based company said sales doubled year-on-year to $13.5 billion in the latest completed quarter, leaving a net profit of ...
24 Aug, 2023, 02.22 PM IST
AI seen fueling Microsoft to $3 trillion value in Morgan Stanley modelDespite a 42% share-price rally this year, the valuation is “still reasonable,” according to Weiss. The stock’s so-called PEG ratio, or the...
07 Jul, 2023, 08.38 AM IST
AI boom, data centres and ChatGPT take chipmaker Nvidia's market cap past $1 trillionNvidia projected quarterly revenue more than 50% above the average Wall Street estimates and said it could have more supply of AI chips in ...
30 May, 2023, 08.15 PM IST
World’s most valuable chipmaker Nvidia unveils more AI products after $184-billion rallyThe wide-ranging new lineup includes an AI supercomputer platform called DGX GH200, which will help tech companies create successors to Cha...
29 May, 2023, 10.26 AM IST
Wall St Week Ahead-Artificial intelligence gives real boost to U.S. stock marketArtificial intelligence (AI) is boosting the US stock market, with megacap stocks such as Microsoft, Google parent Alphabet, Nvidia, Apple ...
20 May, 2023, 11.16 AM IST
Artificial intelligence gives real boost to US stock marketFive stocks - Microsoft, Google parent Alphabet , Nvidia, Apple and Meta Platforms - are responsible for the S&P 500's entire year-to-date ...
19 May, 2023, 10.58 PM IST
China AI stocks frenzy loses steam as earnings doubts creep in“It’s possible there are more legs to the run, but without fundamentals backing the extent of the run, the risk of correction is something ...
15 Apr, 2023, 09.43 AM IST
Chatbot dreams drive tech rally frenzy in ChinaMainland China computer, communications equipment and media indexes have surged between 29% and 35% this year, outstripping a rise of just ...
29 Mar, 2023, 04.56 PM IST
ChatGPT frenzy sweeps China as firms scramble for home-grown optionsSleekFlow, a Tiger Global-backed startup in Hong Kong, said it was integrating the AI into its customer relations messaging tools.
10 Feb, 2023, 05.04 PM IST
Chinese state media, AI companies warn of risks in ChatGPT stock frenzyChatGPT, a chatbot developed by US firm OpenAI and backed by Microsoft Corp, gives strikingly human-like responses to user queries.
09 Feb, 2023, 10.01 AM IST
ChatGPT mania pumps up Chinese AI technology stocksWhile ChatGPT is not accessible in China, mainland investors are still pumping up the shares of AI technology companies such as Hanwang Tec...
07 Feb, 2023, 02.47 PM IST