First-quarter revenue surged 262% year-over-year to $26.04 billion, beating estimates of $24.65 billion. Net income soared 628% to $14.88 billion
Until now, Nvidia has been releasing a new AI chip platform once every two with Ampere platform in 2020, Hooper in 2022 and Blackwell in 2024
Nvidia plans new AI chips every year. The POCO F6 has been launched in India. Kia has introduced the EV3, featuring a new AI assistant powered by OpenAI's ChatGPT
Dell Technologies is actively collaborating with governments to establish appropriate policies and procedures, ensuring alignment with ethical standards within its probability models
The Project Ceiba transition was announced by the two firms in March when Nvidia unveiled the new Blackwell chips
Analysts are eyeing impressive figures, with the street anticipating earnings of $13.2 billion, translating to $5.62 per share, alongside projected revenue of $24.6 billion in the quarter
Nvidia's expansion plan hinges on getting agencies and businesses to develop their own AI capabilities, spurring demand for its products
Mega Networks is an advanced networking solutions provider known for producing indigenous AI servers in India, partnering with chip giants like NVIDIA, Intel, and AMD
It will also launch a preview of new Cobalt 100 custom processors at the conference
The Nvidia supplier and the world's second-largest memory chipmaker will begin sending samples of its latest HBM chip
While the US bars Nvidia and its partners from selling advanced chips to China, including via third parties, the sale and purchase of the chips are not illegal in China
The Philadelphia Semiconductor Index and Nvidia dropped more than 3% each Wednesday, pushing them down more than 10% from record high levels reached in March
Powerful chips will be provided to local startups, researchers, academic institutions other users at a subsidised rate: Report
Rival Nvidia also has plans for three China-specific chips after the United States late last year tightened a rule capping the capabilities of AI chips that can be shipped to China
Intel's latest Gaudi 3 processors are expected to improve AI compute performance by four times, compared to its predecessor
The updated processor, called Gaudi 3, will be widely available in the third quarter, Intel said at a company event early Tuesday
Nvidia's market cap soared to $2.25 trillion at March-end, up 14% from February, while Alphabet's rose 9% to $1.8 trillion
Companies are ordering graphics processing units to handle the massive computing power needed for GenAI applications
Energy management and automation major Schneider Electric on Thursday said it has collaborated with NVIDIA to optimise data center infrastructure. Schneider Electric will leverage its expertise in data center infrastructure and NVIDIA's advanced AI technologies to introduce the first publicly-available AI data center reference designs, according to a statement. These designs are set to redefine the benchmarks for AI deployment and operation within data center ecosystems, the statement said. "We're unlocking the future of AI for organisations," said Pankaj Sharma, Executive Vice President - Secure Power Division & Data Center Business at Schneider Electric. The collaboration will help organisations to overcome data center infrastructure limitations and unlock the full potential of AI, the statement said. In the first phase of this collaboration, Schneider Electric will introduce cutting-edge data center reference designs tailored for NVIDIA accelerated computing clusters and built
Almost as important to its hardware is the company's nearly 20 years' worth of computer code, which helps make competition with the company nearly impossible