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nvidia

Nvidia’s blowout profit report fuels Wall Street rebound

by Ev Richard
Nvidia’s blowout profit report fuels Wall Street rebound

By ELAINE KURTENBACH (AP Business Writer) Asian shares were mostly lower Friday after Wall Street retreated following strong economic reports that raised the possibility of interest rates staying painfully high. …

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Categories Technology

Nvidia will ‘clearly beat expectations’: Analyst on earnings

by Albert Wagner
Nvidia will ‘clearly beat expectations’: Analyst on earnings

Nvidia (NVDA) is set to post its first-quarter earnings for the fiscal 2025 year this Tuesday, May 22. Many on Wall Street will have their eyes set on the chip-making …

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Categories Trending Now

Nvidia widens South Bay property holdings with $300 million-plus deal

by Ev Richard
Nvidia widens South Bay property holdings with 0 million-plus deal

SANTA CLARA — Nvidia has bought several office and research buildings in Santa Clara in a deal that tops $350 million and greatly widens the fast-expanding tech company’s holdings in …

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Categories Technology

Chipmaker TSMC returns to the list of world’s 10 most valuable companies: Here’s what led to its comeback

by Ev Richard
Chipmaker TSMC returns to the list of world’s 10 most valuable companies: Here’s what led to its comeback

Taiwan Semiconductor Manufacturing Company (TSMC) has reclaimed a spot in the list of the world’s 10 most valuable companies, riding the optimism of the artificial intelligence (AI) boom in the …

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Categories Technology

Broadcom Earnings Provide Next Test of Resolve for AI Rally

by Albert Wagner
Broadcom Earnings Provide Next Test of Resolve for AI Rally

(Bloomberg) — Pressure is on Broadcom Inc. ahead of Thursday’s earnings to show investors that AI demand will offset a slump in computer and telephone sales. Most Read from Bloomberg …

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Categories Trending Now

How Nvidia became the powerhouse chipmaker of the AI craze

by Ev Richard
How Nvidia became the powerhouse chipmaker of the AI craze

Nvidia has surged to new highs on the stock market in recent weeks, fueled by optimism about the future of artificial intelligence (AI). The chipmaker — which is a leading …

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Categories Technology

Nvidia is reportedly ‘worried that it’s missing the boat’

by Albert Wagner
Nvidia is reportedly ‘worried that it’s missing the boat’

Nvidia and AMD trade blows when it comes to making some of the best graphics cards, but there’s one area where AMD obliterates Nvidia: gaming handhelds. The booming market of …

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Categories Trending Now

The Magnificent Seven in the Technology Sector: AI is Here to Stay |

by Ev Richard
The Magnificent Seven in the Technology Sector: AI is Here to Stay |

“The current earnings season has underscored the enduring strength of the big technology sector, allaying investor fears that the AI enthusiasm would wane after driving the market rally in 2023.The …

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Categories Technology

Silicon Valley humanoid robot-maker partners with OpenAI and gets backing from Jeff Bezos and tech giants

by Ev Richard
Silicon Valley humanoid robot-maker partners with OpenAI and gets backing from Jeff Bezos and tech giants

By MATT O’BRIEN | AP Technology Writer ChatGPT-maker OpenAI is looking to fuse its artificial intelligence systems into the bodies of humanoid robots as part of a new deal with …

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Categories Technology

AI Fueled NVIDIA’s Remarkable $2 Trillion Value and Record Revenue

by Jhon Ray
AI Fueled NVIDIA’s Remarkable  Trillion Value and Record Revenue

World-class chipmaker NVIDIA became the first company in its industry to reach a market cap above $2 trillion. This remarkable high watermark capped off an incredible week for NVIDIA, which …

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