Page 19 - Nvidia
Nvidia supplier SK Hynix posts 6-year high profit on strong AI chip demand
Revenue rose 125 per cent to a record 16.4 trillion won
 "Nvidia supplier SK Hynix posts 6-year high profit on strong AI chip demand")
$1 trn rout hits Nasdaq 100 over AI jitters in worst day since 2022
The Nasdaq indexes tumbled more than 3% for the worst days since October 2022
 "$1 trn rout hits Nasdaq 100 over AI jitters in worst day since 2022")
Nvidia clears Samsung's HBM3 chips for use in processors for 1st time
It was not immediately clear if Nvidia would use Samsung's HBM3 chips in its other AI processors or if the chips would have to pass additional tests
 "Nvidia clears Samsung's HBM3 chips for use in processors for 1st time")
Nvidia preparing variant of new flagship AI chip for Chinese market
China accounted for around 17 per cent of Nvidia's revenue in the year to end-January in the wake of US sanctions, sliding from 26 per cent two years earlier
 "Nvidia preparing variant of new flagship AI chip for Chinese market")
Nvidia investor dilemma: How much is too much in a stock portfolio?
Funds that owned Nvidia have so far reaped the benefits
 "Nvidia investor dilemma: How much is too much in a stock portfolio?")
Nvidia exe bats for culturally aligned, multimodal AI models for India
Underlining the importance of taking the Indian culture into consideration while building these models, Sewak said that sensitivities in Indians may be different from those of the Western world
 "Nvidia exe bats for culturally aligned, multimodal AI models for India")
South Korea's SK Hynix plans to invest $75 billion on chips through 2028
SK Hynix's HBM chips are optimised for use with Nvidia Corp.'s artificial intelligence accelerators
 "South Korea's SK Hynix plans to invest $75 billion on chips through 2028")
Nvidia CEO Huang has billions at foundation where he logs 1-hour weeks
This give-and-hold strategy has left the couple with a pool of assets to support charitable endeavors that now ranks among the 20 largest private foundations in the US
 "Nvidia CEO Huang has billions at foundation where he logs 1-hour weeks")
Nvidia bull run and AI wave: Indian funds profiting from its stock surge
Nvidia got a head start by being the first to offer powerful GPUs, and now they're capitalizing on the growing demand for AI technology by providing the hardware needed to make it work
 "Nvidia bull run and AI wave: Indian funds profiting from its stock surge")
Nvidia hits correction territory as slump wipes out $430 bn in market value
The stock fell 6.7 per cent, its third straight negative session and biggest one-day percentage drop since April
Nvidia stake trimmed by veteran tech investor Paul Wick on business risks
Nvidia trades at 43 times projected earnings over the next year, a richer valuation than all but one of its peers in the Philadelphia Semiconductor Index
 "Nvidia stake trimmed by veteran tech investor Paul Wick on business risks")
Nvidia loses title of world's most valued company; stock declines 2%
Nvidia, Microsoft and Apple are in a three-horse race to be the world's most valuable company
Ruling the charts
AI is fuelling Nvidia's rise
 "Ruling the charts")
Why does the rise of Nvidia and AI remind people of the dot-com boom?
Chipmaker Nvidia surpassed Microsoft to become the world's most valuable company amid the AI boom. Are there parallels with the dot-com boom and bust?
 "Why does the rise of Nvidia and AI remind people of the dot-com boom?")
With three in $3trn club, top trio account for nearly a fifth of US mcap
Saudi Arabia, Taiwan, France & UK other top markets where top firms hold big sway
 "With three in $3trn club, top trio account for nearly a fifth of US mcap")
Chipmaker firm Nvidia's 591,078% rally to most valuable stock came in waves
On Tuesday, that run culminated in Nvidia unseating Microsoft Corp. as the world's most valuable company with a market capitalisation of $3.34 trillion
Nvidia becomes world's most valuable company as AI rally steams ahead
Shares rose as much as 3.4% to about $3.3 trillion on Tuesday, catapulting it over Microsoft Corp. and Apple Inc
Nvidia triggers speculations over possible Dow inclusion after stock split
The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company's outstanding shares without changing the stock's valuation
To quell investors' doubt, AI to be Apple's sole focus at annual conference
More is at stake at the Apple Worldwide Developers Conference (WWDC 2024) than in previous such events, as the iPhone maker seeks to reassure investors that it has not lost the AI battle to Microsoft
 "To quell investors' doubt, AI to be Apple's sole focus at annual conference")
Apple aims to overtake early leaders in AI race despite starting late
Apple's annual World Wide Developers Conference on Monday is expected to herald the company's move into generative artificial intelligence, marking its late arrival to a technological frontier that's expected to be as revolutionary as the invention of the iPhone. The widely anticipated display of AI to be embedded in the iPhone and other Apple products will be the marquee moment at an event that traditionally previews the next version of software that powers the company's hardware lineup. And Apple's next generation of software is expected to be packed with an array of AI features likely to make its often-bumbling virtual assistant Siri smarter, and make photos, music, texting and possibly even creating emojis on the fly a more productive and entertaining experience. True to its secretive nature, Apple hasn't provided any advance details about Monday's event being held at the company's Cupertino, California, headquarters. But CEO Tim Cook has dropped strong hints during the first
 "Apple aims to overtake early leaders in AI race despite starting late")