Page 20 - Nvidia

Nvidia sales likely to double in Q2, even a slight miss may hurt shares

A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally on Thursday, a day after Nvidia reports earnings for the May-July period

Nifty IT up after Fed signals rate cut; HSBC cautions on midcap IT stocks

Nifty IT up 1.77 per cent intraday after US Fed signals rate cut in September. HSBC believes mid-tier IT is not so strong.

Nvidia stock eyes return to record as investment in AI space continues

Companies are pouring tens of billions of dollars into building out AI infrastructure and services, making the beneficiaries close to a sure thing in terms of their growth prospects

Govt invites bids to empanel AI infra providers under Rs 10,372cr mission

The government has invited bids for the empanelment of entities for providing artificial intelligence services on cloud under the Rs 10,372-crore India AI mission, which was approved by the cabinet in March this year. The empaneled agencies, like data centers and cloud service providers, will have to provide access to high-speed computing AI infrastructure like graphics processing unit (GPUs), accelerators, Tensor Processing Units (TPUs), storage etc to academia, startups, researchers, government bodies among others at the lowest rate that will be discovered through the bidding process. Under the IndiaAI Mission, supercomputing capacity, comprising over 10,000 GPUs, will be made available to various stakeholders for creating an AI ecosystem. "With an objective to empanel service providers for making this possible, IndiaAI - an IBD under Digital India Corporation, MeitY has issued a RFE (request for empanelment)," Meity, Additional Secretary Abhishek Singh said in a social media ...

Nvidia's rebound adds $420 bn market value, shares surge 17% in 4 sessions

The chipmaker's shares have surged 17 per cent in the past four sessions, adding nearly $424 billion in market value to one of the biggest companies in the world

Huawei Tech readies new AI chip to challenge Nvidia in China: Report

US regulators last year put in place rules that stopped Nvidia from selling its advanced chips, including the H100, to Chinese customers, citing national security concern

Retail investors still buyers of US equities amid market instability: Study

Vanda Research, a New York-based market research and analysis firm, found that individual investors caught up in market storm remained net buyers of shares of companies like Nvidia, Intel and AMD

Samsung's 8-layer HBM3E chips clear Nvidia's tests for use in AI processors

The South Korean technology giant's 12-layer version of HBM3E chips, however, has yet to pass Nvidia's tests, the sources said, declining to be identified as the matter remains confidential

Nvidia's AI chip demand to face impact from production delay: Analysts

According to media reports, Nvidia's Blackwell chips may face delays of 3 months or more due to design flaws, potentially affecting customers such as Meta Platforms, Alphabet's Google and Microsoft

Intel to take another of ASML's High NA EUV tools, says CEO Pat Gelsinger

The second High NA tool is coming into our Oregon facility, Gelsinger said on the call, adding that the company's technology investments are 'showing good early indicators'

US launches antitrust investigation into Nvidia over sales practices

Shares of the company fell around 3.6% in premarket trading on Friday

Samsung makes progress in closing gap in making AI memory chips for Nvidia

Tech firms like Microsoft Corp., Google-parent Alphabet Inc., Amazon.com Inc., Apple Inc. and Meta Platforms Inc. are all investing huge sums to develop their capabilities

Apple used Google's chips to train two AI models, shows research paper

To build the AI model that will operate on iPhones and other devices, Apple used 2,048 of the TPUv5p chips. For its server AI model, Apple deployed 8,192 TPUv4 processors

Nvidia releases software, services to boost rapid adoption of GenAI

Nvidia's chips have become central to the surge in building new systems being deployed to support artificial intelligence computing

Stock Market Highlights, July 25: Nifty holds 24,400 amid F&O expiry; Axis Bank falls 5%, TaMo up 6%

Stock Market Highlights today, July 25: The BSE Sensex index ended at 80,040, down 109 points. The BSE Midcap, and SmallCap indices closed 0.2 per cent and 0.14 per cent lower, respectively

Nvidia starts supply of new AI chips to Tata Communications, Jio Platforms

In September last year, tech giant Nvidia said that it is partnering with Reliance and Tata group companies to support the creation of AI-driven supercomputers, AI clouds, and GenAI applications

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

$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

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 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