Marvel Tōkon's developer has apologised to PC players for the beta's performance issues, with only a week until launch But it still broke fighting game beta records on Steam. PC Gamer · Jul 28
Nvidia's Potential $250 Billion OpenAI Financing Deal Is Reviving a 1990s Tech Bubble Habit, Analyst Warns: 'Usually Don't End Well' While the structure of Nvidia Corp.‘s (NASDAQ:NVDA) potential financing to help OpenAI lease a massive Ohio data center remains unclear, Seaport Research analyst Jay Goldberg expressed caution about such an arrangement. Benzinga · Jul 28
Micron, Nvidia, AMD on Watch as Asia's Chip Selloff Sends Warning to Wall Street The chip-stock bloodbath that started in Seoul overnight is crossing the Pacific — and Wall Street’s premarket screens are flashing red. Benzinga · Jul 28
South Korean Semiconductor Shares Plunge As Rout Continues, Pressuring U.S. Chipmakers Further South Korean semiconductor companies plunged on Tuesday, extending the rout chipmakers have been going through the past sessions. International Business Times · Jul 28
Debate over AI’s future divides Silicon Valley as China gains ground Open-source questions stir frank discussion – and both sides have clear economic incentives for where they land The Guardian - US · Jul 28
Nvidia Is No Longer The World's Most Valuable Company As The Chipmaker Rout Continues. Apple Has Taken The Lead Nvidia stopped being the world's most valuable company as its stock continues to slide amid a broader rout in chipmakers. International Business Times · Jul 28
Quote of the day by Jensen Huang, 'Business comes and goes and we make a strategic decision that could lead you to whole new place' reveals psychology of successful businessman, Nvidia CEO teaches timeless inspiring motivational leadership advice on business, strategy Nvidia CEO Jensen Huang's quote of the day reflects one of the most important realities of modern business: success belongs to those willing to adapt, innovate, and think beyond the present. Markets will continue changing. Technologies will continue evolving. Customer expectations will continue rising. Yet every challenge also creates new… The Economic Times · Jul 28
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap September Nasdaq 100 E-Mini futures (NQU26) are down -1.07% this morning as investors continued to ditch chipmakers amid concerns over the sustainability of the AI spending boom. Barchart · Jul 28
Nvidia employee detained in Taiwan as part of chip smuggling probe — held on suspicion of falsifying business documents, company says smuggling 'a nonstarter' Taiwan's prosecutors say they've detained a man surnamed Chang on suspicion of falsifying business documents, after investigators searched his home and workplace. Tom’s Hardware · Jul 28
South Korean stock market at three-month low as AI sell-off intensifies Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition The Guardian - UK · Jul 28
Taiwan detains Nvidia employee in Super Micro probe, Taiwan media says Taiwanese authorities have taken into custody an Nvidia employee as part of an investigation concerning the unlawful export of AI servers. These servers, which included Nvidia chips, fall under United States export restrictions established in 2022. This detention is linked to a wider investigation into the shipment of Super Micro… The Economic Times · Jul 28
How Wistron’s early Nvidia bet made it an unsung winner of the AI boom—and one of the biggest risers on this year's Global 500 Wistron illustrates how AI is reaching beyond trillion-dollar chipmakers and LLM developers to lift the firms making the hardware behind the revolution. Fortune · Jul 28
Nvidia CEO Jensen Huang Set to Hold High-Stakes Meetings With Congress Members on 'American Leadership' in AI Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang is set to hold meetings with members of Congress in Washington this week to discuss the future of artificial intelligence and America’s position in the global AI race. Benzinga · Jul 28
Meet the 'AI Centurions'—6 formerly sleepy stocks that now have market caps over $100 billion How the AI boom has transformed six spectacular stocks. Fortune · Jul 28
The Guardian - UK · Jul 28 GSK invests £400m to move research centre to Cambridge as Burnham praises ‘vote of confidence’ in UK - as it happened Rolling coverage of the latest economic and financial news
International Business Times UK · Jul 28 Apple Overtakes Nvidia Again to Become World's Most Valuable Company: Can It Reach $5 Trillion? Apple has overtaken Nvidia as the world's most valuable company, fueled by AI investments and strong hardware and services revenue. The rivalry persists as both excel in different sectors.
The Economic Times · Jul 28 Nvidia behind $50 billion lease on Texas data center, FT reports In an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soaring to fifty billion dollars in the future. This state-of-the-art campus is designed to facilitate extensive artificial intelligence training and operations. Moreover, Nvidia is expected to sublease…
The Economic Times · Jul 28 TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending? Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-linked stocks. Investors tracked the sharp decline in Nvidia, Micron, SanDisk, SK Hynix and Samsung shares for clues on AI sector sentiment.
The Economic Times · Jul 28 Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boom South Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops. Investors scaled back artificial intelligence-related bets due to spending sustainability worries. Concerns over China's semiconductor advancements also fueled market unease. This selloff reflects a broader reassessment of AI valuations and…
TechRadar · Jul 27 Nvidia signs deal to deploy edge AI on future Moon missions — laying the groundwork for a permanent human home in space Nvidia will provide the backbone to Lunar Outpost, a company dedicated to in-space infrastructure and extra-terrestrial economy.
Benzinga · Jul 27 Nvidia Funds AI Frenzy: Timeline of its Circular Financing Deals ... So Far NVIDIA Corp. (NASDAQ:NVDA) is reportedly in talks to guarantee roughly $250 billion in financing for OpenAI‘s new 10-gigawatt Ohio data center, a project developed by SoftBank’s energy subsidiary, SB Energy, according to The Wall Street Journal.
TechRadar · Jul 27 AMD's Venice is the first 2nm x86 server chip, but the stack doesn't fully ship until 2027 AMD's Zen 6 Venice EPYC is a 2nm, 256-core, 512-thread juggernaut which comes into play at the same time as Nvidia is gunning for the data center CPU market.
Barchart · Jul 27 Why This Analyst Is Betting AMD Stock Can Hit $1,250 in the Next Year Baird doubled AMD’s price target to $1,250 based on its AI prospects.
Kiplinger · Jul 27 Markets Weigh Peace Hope Against AI Fear: Stock Market Today Will there ever be peace in the Middle East? Will the Magnificent 7 ever make money from AI? Investors, traders and speculators want to know right now.
Tom’s Hardware · Jul 27 MSI and Colorful raise Nvidia RTX 50-series prices in China by up to 59% across the entire lineup — change in distributer pricing suggests GPU price hikes are on the way GPU prices seem to be on the rise once again with official distributor announcements in China hiking up the entire Blackwell lineup overnight. Compared to MSRP, we're witnessing a staggering bump of up to 75% at the top-end.