Japan’s Sakana AI Teams Up with Nvidia, Secures $100 Million
US chipmaker Nvidia partners with Sakana AI, a Tokyo-based firm founded by ex-Google researchers, to boost Japan’s artificial…
Apple, Nvidia May Invest Big in OpenAI
Nvidia and Apple are reportedly engaging in discussions to participate in OpenAI’s forthcoming fundraising round, which may result in a…
AI Tokens Tumble After Nvidia’s Mixed Earnings
When Nvidia’s Q2 earnings beat Wall Street estimates but did not wow investors, tokens tied to artificial intelligence fell. Following…
Nvidia Q2 Sales Surge, Slight Miss May Hurt Shares
Nvidia’s Q2 AI chip revenue is expected to double, but investors may demand even more A day after Nvidia reports earnings for the…
Nvidia Faces Wave of Frivolous Crypto Lawsuits
Nvidia gains support from the Digital Chamber in a legal battle with investors, as the case could impact the entire cryptocurrency market. An…
AMD to Acquire ZT Systems for $4.9B in Cash, Stock
AMD announced on Monday that it intends to acquire ZT Systems, a server manufacturer, for $4.9 billion to broaden its artificial intelligence…
Arm Stock Falls 11% on Tepid AI Outlook
On Wednesday, Arm’s conservative sales prediction caused a stock selloff as investors were concerned that AI computing spending would…
AMD Data Center Sales More Than Double Yearly
Advanced Micro Devices reported Q2 earnings, with over $1 billion in MI300 chip sales and a 115% annual increase in data center business, as…
OpenAI Enters Search Market with SearchGPT
OpenAI is entering a domain previously dominated by Google with the selective launch of SearchGPT, a search engine fueled by artificial…
Nvidia Supplier SK Hynix to Build $6.8B Plant in South Korea
Nvidia partner SK Hynix will invest $6.8 billion in a new South Korean chip plant, enhancing its collaboration with Nvidia and hitting a…
Nvidia Supplier SK Hynix Posts 6-Year Profit High Amid AI Boom
On Thursday, Nvidia supplier SK Hynix reported its best quarterly earnings since 2018 and predicted continued strong AI chip demand, including…
Nvidia Approves Samsung HBM3 Chips for China Processors
Samsung’s fourth-generation high bandwidth memory (HBM3) chips have been certified by Nvidia for use in its CPUs, according to three…
Nvidia Readies New AI Chip for China
Three individuals claimed Nvidia is developing a China-compatible version of its flagship AI processors that comply with U.S. export laws The…
Nvidia Advances Quantum Computing
Nvidia advances Quantum computing as Quantum annealing systems could impact the finance and blockchain industries in a major way. Nvidia…
TSMC Q2 Profit to Jump 30% on AI Chip Demand
Taiwan Semiconductor Manufacturing Co., the leading maker of AI chips, is likely to publish a 30% second-quarter profit increase on Thursday…
Nvidia Investors Face Stock Portfolio Dilemma
Large positions in artificial intelligence darling Nvidia have increased portfolio managers’ gains this year, but if the…
AI Boom Pushes Taiwan’s TSMC to Trillion-Dollar Club
Taiwan’s TSMC rose to a record high on Thursday after reporting robust second-quarter sales on rising AI boom, solidifying its position…
Nvidia to Face French Antitrust Charges
Nvidia is set to be charged by the French antitrust regulator for allegedly anti-competitive practices, people with direct knowledge of the…
Tech Boom Drives Global Markets in 2024’s First Half
The first half of 2024 has been another whirlwind in global markets, with the unstoppable march of the mega caps, sloth-like central bank…
Nvidia Shares Rebound Nearly 7% After $430B Slump
On Tuesday, Nvidia’s shares experienced a nearly 7% increase, reversing a three-session decline that had reduced the artificial…