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Chinese Tech Firms Target Nvidia’s Dominance in AI Chip Market

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Chinese Tech Firms Target Nvidia’s Dominance in AI Chip Market

China is making significant strides toward reducing its reliance on U.S. semiconductor technology, particularly amid increasing sanctions from Washington. With…

Applied Digital Surges 65% After Securing $160 Million Investment Including Nvidia

Applied Digital shares saw a sharp rise of nearly 65% on Thursday, reaching their highest point in over a month,…

Nvidia Responds to Claims of DOJ Antitrust Subpoena

Nvidia confirmed on Wednesday that it has not received a subpoena from the U.S. Department of Justice (DOJ) over antitrust…

Nvidia Faces Subpoena from U.S. DoJ as Antitrust Concerns Grow

The U.S. Department of Justice (DoJ) has issued a subpoena to Nvidia, intensifying its antitrust investigation into the AI chipmaker,…

Nvidia Faces Historic $279 Billion Loss as AI Enthusiasm Wanes

Nvidia experienced a record-breaking $279 billion loss in market value on Tuesday as its shares dropped by 9.5%, marking the…

Dell Shares Rise After Strong Demand for Nvidia AI Servers

Dell Technologies has raised its annual revenue and profit forecasts, driven by a surge in demand for its AI-optimized servers,…

Nvidia Stock Dips 6% After Forecast Disappoints Investor Expectations

Nvidia’s stock dropped more than 6% on Thursday after the company’s third-quarter forecast fell short of high investor expectations, despite…

AI Cryptocurrencies Falter as Nvidia’s Strong Earnings Fail to Meet High Expectations

Following Nvidia‘s release of its second-quarter earnings for 2024, major AI-related cryptocurrencies experienced significant price declines, despite the tech giant…

Nvidia Earnings Spark Decline in Asia’s Semiconductor Sector

Tech and chip-related stocks across Asia saw declines on Thursday, following Nvidia’s release of its second-quarter results. The drop extended…

Nvidia Board Approves Massive $50 Billion Share Repurchase Plan

Nvidia has announced a $50 billion stock buyback, following approval by its board of directors. The announcement was made alongside…

Nvidia Achieves 122% Revenue Growth Driven by AI Chip Demand

Nvidia has reported a 122% year-over-year revenue growth, driven by strong demand for its data center chips, particularly those used…

Cerebras Introduces Affordable AI Solution to Rival Nvidia

Cerebras Systems has launched a new tool for AI developers that utilizes its large-scale chips to run applications, presenting a…

All Eyes on Nvidia as Critical Earnings Report Approaches

Nvidia, the leading chipmaker, has become a critical focus in the tech industry, labeled by some as the world’s “most…

Nvidia Partner Introduces Technology to Halve Data Center Energy Use

Nvidia partner Sustainable Metal Cloud (SMC) claims its innovative cooling technology can cut data center energy usage by up to…

AI Tokens Surge Ahead of Anticipated Nvidia Earnings Report

Artificial intelligence-focused cryptocurrency tokens have experienced significant gains over the past week in anticipation of a major second-quarter earnings report…

Nvidia Expands G-Sync Accessibility Through MediaTek Collaboration

Nvidia has announced a pivotal update to its G-Sync technology, eliminating the need for a proprietary hardware module by integrating…

India’s Tollbooth Automation Enhanced by Nvidia’s Accelerated Computing

India is leveraging Nvidia’s accelerated computing technology to tackle the challenge of tollbooth traffic, which affects a road network stretching…

Eric Schmidt Sees Nvidia as the Big Winner in AI Market

Eric Schmidt, former CEO of Google, recently identified Nvidia as a key player in the artificial intelligence (AI) landscape, highlighting…

Huawei Set to Release AI Chip to Rival Nvidia Amid U.S. Sanctions

Huawei is reportedly set to launch a new artificial intelligence chip, the Ascend 910C, in a move that challenges Nvidia’s…

Huawei Set to Release AI Chip to Rival Nvidia Amid U.S. Sanctions