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The Latest Breaking News from Nvidia Corp

AI-Powered ETF Dumps Nvidia In June For A FAANG Stock

Nvidia Corp. has alienated some loyalists on fears that the stock may have gotten ahead of itself.

Zenger

Google Says its AI Supercomputer Is Faster, Greener than Nvidia A100 Chip

Alphabet Inc's Google released on Tuesday new details about the supercomputers it uses to train its artificial intelligence models, saying the systems are both faster and more power-efficient than comparable systems from Nvidia Corp. Google has designed its own custom chip called the Tensor Processing Unit, or TPU. It uses…

Asharq Al-Awsat

Top Stories of the Month: China’s Halting Steps to Dial Back ‘Zero Covid’

As central authorities cite scientific evidence for easing travel and testing rules, local officials worry about being held accountable for new outbreaks

Caixin Global

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Nvidia Makes A 'Quantum Leap' At GTC 2022: Ada Lovelace RTX GPUs, Omniverse Cloud, DRIVE Thor Superchip For Autonomous Vehicles

NVIDIA Corp's (NASDAQ: NVDA) GPU Technology Conference (GTC) was packed with company updates, led by the launch of a new generation of GeForce RTX GPUs. Here's a look at some highlights from the event.

Benzinga

Chipmaker Nvidia Launches New System for Autonomous Driving

Chip giant Nvidia Corp on Tuesday unveiled its new computing platform called DRIVE Thor that would centralize autonomous and assisted driving as well as other digital functions including in-car entertainment. Nvidia, a big player in the gaming chip and artificial intelligence (AI) market, has been making a big push in…

Asharq Al-Awsat

China demands US drop tech export curbs after Nvidia warning

The Chinese government is calling on Washington to repeal technology export curbs after chip designer Nvidia Corp. said a new product might be delayed and some work might be moved out of China

The Independent UK

US Officials Order Nvidia to Halt Sales of Top AI Chips to China

Chip designer Nvidia Corp (NVDA.O) said on Wednesday that US officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms' ability to carry out advanced work like image recognition and hamper Nvidia's business in China. Nvidia shares…

Asharq Al-Awsat

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Nvidia Price Target Slashed By As Much As 33% Following Downward Revision In Outlook

On August 8, Nvidia Corp (NASDAQ: NVDA)

Benzinga

Kevin O'Leary Just Bought Nvidia Stock And Plans To Buy Palantir Next: Here's When And Why He's Bullish

NVIDIA Corp (NASDAQ: NVDA) and Palantir Technologies Inc (NYSE: PLTR) shares are getting crushed Monday after both companies issued revenue warnings. One investor sees opportunity amid the reckoning.&n

Benzinga

Does Nancy Pelosi Share Stock Tips With Her Husband? Here's What The Speaker Said

Speaker of the House Nancy Pelosi is one of the most famous members of Congress. Over the last several years, Pelosi has also become famous for something outside of politics, stock and option purchases made by her husband. Here’s what Pelosi had to say when asked about potential conflicts of…

Benzinga

As Nvidia Stock Hovers Around 52-Week Lows, These Investors Remain Confident: Here's Why

NVIDIA Corp. (NASDAQ: NVDA) shares hit 52-week lows on Tuesday, building on the VanEck Semiconductor ETF's (NASDAQ: SMH) worst week since January.

Benzinga

Nvidia, Apple, Microsoft And Others Set To Lose As Gartner Predicts Demand Softness For Smartphones, PCs In 2022

China's economic slowdown and inflation-led drop in consumer spending will likely weigh on the global shipments of computers and smartphones in 2022, as per a Reuters story citing research firm Gartner. Earlier this month, Advanced Micro Devices, Inc (NASDAQ:AMD) warned against a slowdown in the PC market after two solid years. Analysts expected the chipmaker to gain…

Benzinga

Siemens and Nvidia Collaborate to Expand Digital Services

Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse - an enhanced virtual reality for companies to reduce the costs of running their factories, buildings and speed up new product design. The deal is a cornerstone of Siemens Xcelerator, a new open digital…

Asharq Al-Awsat

Softbank's Masayoshi Son Emphasizes Chances Of US Listing For Arm

Softbank Group Corp (OTC:SFTBY) founder and CEO Masayoshi Son stressed the possibility of British-based chip designer unit Arm Ltd listing on Nasdaq pending a final decision, Reuters reports. "Most of Arm's clients are based in Silicon Valley and ... stock markets in the U.S. would love to have Arm," Son told at the annual…

Benzinga

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Benzinga

Chinese Analyst Provokes Country To Attack Elon Musk's Popular Starlink Satellite Service

In a paper published by the Beijing Institute of Tracking and Telecommunications Technology, a Chinese researcher urged the Chinese military to track and monitor every satellite in the Starlink network, Bloomberg reports. Tesla, Inc (NASDAQ:TSLA) chief Elon Musk’s satellite service provides internet access in over 30 countries. Ren Yuanzhen cited the pervasiveness, ability…

Benzinga

Twitter's Employees Can't Go To 'The Happiest Place On Earth' In 2023, Cost Cutting Measures Hit Company Travel

Twitter Inc (NYSE:TWTR) is ditching a companywide retreat scheduled for January 2023 at Walt Disney Company (NYSE:DIS) Disneyland - 'The Happiest Place On Earth,' Bloomberg reports. Twitter cited cost-cutting measures to reduce corporate travel behind the move. The company's occasional gathering, known as 'OneTeam,' was last held in early 2020 in Houston before the…

Benzinga

Why Nvidia Stock Is Rising

NVIDIA Corp (NASDAQ: NVDA) shares are trading higher Wednesday as the overall market rises following the Federal Reserve's rate hike announcement.

Benzinga

Why Nvidia Stock Is Falling

NVIDIA Corp (NASDAQ: NVDA) shares are trading lower Monday alongside several companies in the broader technology sector amid overall weakness as stocks continue to sell off following worse-than-expected May CPI data.

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Benzinga

Citi Recommends Nvidia, Marvell To Seek Refuge Amid Semiconductor Downturn

Citi hosted meetings at NVIDIA Corp (NASDAQ:NVDA), Applied Materials, Inc (NASDAQ:AMAT), and Marvell Technology, Inc (NASDAQ:MRVL) as part of the Annual Silicon Valley Tech Bus Tour. Marvell confirmed a lack of slowdown in cloud data center demand and a disproportionate amount of growth or 50%+ coming from new product cycles. Applied Materials looked to benefit from…

Benzinga

After Microsoft And Nvidia, This Major Apple Supplier Became Ransomware Target

Key Apple Inc (NASDAQ:AAPL) supplier Hai Precision Industry Co Ltd (OTC:HNHPF), operating as Foxconn, was hit by a ransomware attack on May 31, the Bleeping Computer reports. The attack disrupted operations at one of Foxconn's Mexico-based production plants. The Foxconn Baja California plant produced medical devices, consumer electronics, and industrial operations, the TechCrunch reports. Also Read: President…

Benzinga

BofA Picks Nvidia As Top Pick; Expresses Bullishness On Marvell, AMD, ON Semiconductor

BofA analyst Vivek Arya believes chipmaker Nvidia Corp (NASDAQ: NVDA) could benefit from growth in several areas. Arya chose Nvidia as his top large-cap sector pick.

Benzinga

Microsoft Joins Peers In Hiring Slowdown Amid Economic Volatility

Microsoft Corp (NASDAQ:MSFT) looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft's slowdown was not companywide, and overall it will continue to hire with additional focus…

Benzinga

Did You Buy Nvidia Stock On The Sell-Off? Why Jon Najarian Says It's 'The Buy Of The Year'

NVIDIA Corp (NASDAQ: NVDA) shares sold off following soft guidance Wednesday evening, but if you waited for the market to open Thursday, you might have missed an extraordinary buying opportunity.

Benzinga

Why Nvidia Shares Are On The Move Today

NVIDIA Corp (NASDAQ: NVDA) shares are trading lower Thursday after the company reported financial results and issued guidance below analyst estimates.

Benzinga

Nvidia's Data Center Sales Zip Past Gaming Business For The First Time In 7 Quarters

Graphics chip maker Nvidia Corp’s (NASDAQ: NVIDIA) data center unit’s quarterly revenue surpassed that of its gaming business for the first time in seven quarters, the company filings showed on Wednesday.

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