The Latest Breaking News from Colette Kress

Here’s Another Little-Known Firm Jensen Huang’s Nvidia Is Quietly Backing

Cohere is a Toronto-based firm raising up to $3 billion.

Barchart · Sep 19

Nvidia’s $13 billion Hugging Face bet reveals Jensen Huang’s vision for the next AI battleground

The chipmaker's latest deal shows it is spending big on strategic positioning.

Fortune · Sep 4

Nvidia Buys Hugging Face for $12.93B but Says Developers Will Not Need Its Chips

Nvidia acquires Hugging Face for £10.18 billion, ensuring open-source neutrality and allowing developers to use rival hardware. The acquisition highlights Nvidia's commitment to open-source AI.

International Business Times UK · Sep 3

Nvidia Stock Soars After Making $96B in Just 3 Months: CFO Says It Could Have Made Twice as Much

Nvidia's Q2 revenue surged due to a 117% growth in data centre revenue, but CFO Colette Kress indicated that sales remain pressured by supply constraints.

International Business Times UK · Aug 27

I barely remember the last time Nvidia mentioned gaming at all in an earnings call

Gone, but definitely not forgotten.

PC Gamer · Aug 27

Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run

"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia ‌Chief Executive Jensen Huang ⁠said.

The Economic Times · Aug 27

Nvidia Reports $7.8 Billion in Q2 Gains on Equity Portfolio That Includes SpaceX, Intel, CoreWeave, and More

CFO Colette Kress has a different view than critics who accuse the chip giant of ‘circular financing,’ per her comments on the earnings call.

Barchart · Aug 27

Nvidia gave its first-ever year-ahead forecast—a 70% growth bombshell meant to silence AI bubble critics and ‘circular financing’ doomsayers

Nvidia’s stock climbed more than 4% in after-hours trading after delivering a blowout quarter and projecting $100 billion more revenue than analysts were expecting for next fiscal year.

Fortune · Aug 27

Nvidia’s Biggest Customers Face a Painful New AI Bill

Nvidia server prices are jumping more than 15% as memory costs soar, and Microsoft, Google, and Oracle are already feeling the heat.

Barchart · Aug 26

The Nvidia-SpaceX Deal Is Sending a Clear Signal on AI Dominance

Elon Musk says SpaceX is going all in on Nvidia's Vera Rubin chips. Here is why that exclusive bet matters for AI investors.

Barchart · Aug 9