Nvidia

ByteDance developing custom CPU chips to support AI rollout, sources say

Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs,

Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO

Nvidia's chief executive said on Wednesday the chip company plans to invest around $150 billion a year in Taiwan, terming it the "epicentre" of the AI

Micron joins $1 trillion club as AI race powers memory chip boom

Micron Technology briefly topped $1 trillion in market value for the first time on Tuesday, crowning a dizzying rally that has cemented the U.S

Nvidia says its forecast for $200 billion CPU market includes China

Nvidia CEO Jensen Huang said on Saturday that his forecast of a $200 billion market for CPUs includes China, signalling Nvidia still sees

Wall Street rises, Dow hits record high as Middle East hopes lift sentiment

U.S. stocks rose on Friday, with the Dow reaching a record closing high, as investors cheered signs of progress in talks

Wall St indexes end slightly higher as investors focus on Mideast peace hopes 

Wall Street's three main indexes closed slightly higher after Thursday's choppy session as oil prices lost ground, with some officials citing

Oil falls, stocks climb as investors hope for progress in Iran war talks

Oil prices fell and stocks rose on Thursday as investors were optimistic about possible progress in peace talks over

Kawasaki Heavy, Nvidia plan Silicon Valley robotics center, Nikkei reports

Japan's Kawasaki Heavy Industries will partner with Nvidia to develop solutions integrating robotics with physical artificial intelligence, and will set up a joint development

Shrug for Nvidia but IPOs excite

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Nvidia appeared to ring all the bells once again in its latest

Samsung's deal with union hailed as a victory as bonuses less generous than SK Hynix's

The pay deal reached between Samsung Electronics and its union is being hailed as a win for the company which gained key concessions and

Taiwan investigates three for alleged illegal export of high-end AI servers

Taiwanese prosecutors said on Thursday they were investigating three people suspected of illegally exporting high-end AI servers made by Super Micro and containing Nvidia

Nvidia bets on new data center chips for growth as sales outlook tops estimates

By Stephen Nellis, Max A.

Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand

Artificial intelligence chipmaker Nvidia’s quarterly results blew past Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips

S&P 500, Nasdaq open higher as chip stocks gain ahead of Nvidia results

The S&P 500 and the Nasdaq opened higher on Wednesday, lifted by a rebound in chip stocks ahead of Nvidia's quarterly earnings, which investors view as a crucial test of AI demand

Lambda wins cloud deal with Hudson River Trading to supply access to Nvidia chips

Artificial intelligence cloud computing startup Lambda on Wednesday said it has won a cloud contract with

Alibaba unveils new AI chip in push for domestic alternatives

Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to Nvidia

Wall Street ends higher on tech rally; investors eye Beijing talks

U.S. stocks advanced on Thursday, lifted by a rally in tech stocks as investors absorbed generally solid economic data and watched for

Foxconn reports forecast-beating 19% jump in Q1 profit on AI demand

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a 19% rise in first-quarter profit versus

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the

Nvidia CEO hopes Trump and Xi will improve two-way ties, CCTV says

Nvidia CEO Jensen Huang told state broadcaster CCTV on Thursday that he hoped U.S.

Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers

By Max A.

Samsung Elec union threatens to walk out of pay talks if no mediation proposal

Samsung Electronics' labour union in South Korea said on Tuesday it would walk out of ongoing pay negotiations if no mediation proposal was offered within two hours.

Nvidia funds construction of Corning plants, in addition to equity investment

Nvidia has paid several billion dollars to help fund new factories for glassmaker Corning in addition to taking an equity stake of up to $3.2 billion

Japan's SoftBank explores homegrown AI servers with Nvidia, Foxconn, Nikkei reports

SoftBank Corp has begun discussions with U.S. chip giant Nvidia and Taiwanese contract manufacturer Foxconn as it weighs plans to build "made-in-Japan" artificial

Alphabet closes in on Nvidia's spot as world's biggest company

Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts

Prices of Nvidia's B300 server at $1 million in China on US curbs, sources say

Strong demand for AI computing equipment in China has nearly doubled prices for Nvidia's B300 servers to about 7 million yuan ($1

Cadence lifts annual revenue forecast on sustained AI chip-design boom

Cadence Design Systems raised its full-year revenue forecast on Monday, betting that sustained, heavy investment in specialized artificial intelligence processors will continue to

Intel soars on signs AI boom for CPUs is here

Demand for Intel's central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally

Chinese EV maker NIO bets on in-house chips to cut reliance on Nvidia

NIO is betting that in-house chip development will sharpen its technological edge and improve profitability, Chief Executive William Li said on Friday, as the Chinese

SpaceX targets in-house GPUs as it warns investors of chip supply, costs 

By Echo Wang, Jeffrey Dastin and Max A.

SK Hynix sets record as quarterly profit jumps five-fold, says AI chip demand exceeds capacity

South Korea's SK Hynix on Thursday set a record for quarterly profit with a five-fold jump in earnings and forecast AI chip demand would

TSMC shows smaller, faster chips without a pricey new tool from ASML 

By Stephen Nellis and Max A.

TSMC plans to open chip packaging plant in Arizona by 2029, executive says 

By Stephen Nellis and Max A.

Nvidia has not yet sold its H200 AI chips to China, Lutnick says

Nvidia's powerful H200 AI chips have not yet been sold to Chinese companies, Commerce Department Secretary Howard Lutnick said on Wednesday, citing

In the AI era, Apple's strengths may become its constraints

Apple built its empire on control.

Apple's Ternus era hints at renewed hardware focus, AI growth push

Apple's appointment of longtime hardware chief John Ternus as CEO signals a renewed emphasis on its core strength in devices and focus

Nvidia bets $2 billion on Marvell as rising AI adoption fuels competition

Nvidia has invested $2 billion in Marvell Technology as part of efforts to make it easier for customers to use the custom artificial

Chinese chipmakers claim nearly half of local market as Nvidia's lead shrinks

(Corrects to clarify attribution) By Che Pan and Laurie Chen BEIJING, April 1 (Rtrs) - Chinese GPU and AI chip makers captured nearly 41% of China's AI accelerator server market last year, eroding

Nvidia acquisition of SchedMD sparks worry among AI specialists about software access

By Max A.

TSMC Q1 profit jumps 58% to record, beats expectations

TSMC, the world's largest contract chipmaker, posted a 58% jump in first-quarter net profit on Thursday, beating market forecasts and hitting a record, as it benefits from

Nasdaq sets record highs as investors return to tech stocks

The Nasdaq hit an intraday all-time high and closing record on Wednesday, its first since October, as investors returned to technology stocks, signaling a rebound in risk appetite

Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake

Trading firm Jane Street has committed about $6 billion for CoreWeave's cloud services, marking the third major deal for the Nvidia-backed cloud company in a week and underscoring

Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal

Meta Platforms is deepening its CoreWeave partnership with a fresh $21 billion deal for additional cloud computing capacity, as it rushes to catch up with rivals

SiFive raises $400 million from Atreides, Nvidia for data-center chip technology 

ASML investors bet on 'picks and shovels' of AI revolution

Investors in, Europe’s most valuable listed company, are betting the chip-equipment maker can raise financial forecasts when it

Nvidia delivers another quarter of stellar growth amid growing concern over AI economy

Artificial intelligence chipmaker Nvidia on Wednesday announced another quarter of astounding quarterly growth as investors try to decipher whether technology’s latest craze is overblown hyperbole or a springboard into a new era of prosperity and productivity

US stocks rise after getting a reminder of AI's potential upsides

The U.S. stock market rose after getting a reminder that the artificial-intelligence technology boom may also have an upside

US stocks slip as AI fears keep rumbling and oil prices climb

U.S. stocks fell, while oil prices climbed

OpenAI has deleted the word ‘safely’ from its mission – and its new structure is a test for whether AI serves society or shareholders

OpenAI’s restructuring may serve as a test case for how society oversees the work of organizations with the potential to both provide benefits and harm humanity.