Page 21 - Nvidia

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

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

As Nvidia hits $3 trn, Jensen Huang's wealth surpasses Michael Dell's

Dell, 59, with a net worth of $105.9 billion, has been a computer hardware-industry outlier among the tech super-rich, who often owe their wealth to software companies

US antitrust enforcers to investigate Microsoft, Nvidia, and OpenAI

US antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions. The Department of Justice will launch an investigation of chipmaker Nvidia, while the Federal Trade Commission will scrutinise close business partners Microsoft and ChatGPT-maker OpenAI, according to two people who were not authorised to publicly discuss details of the investigations and spoke to The Associated Press on condition of anonymity. Nvidia and OpenAI declined to comment Thursday. Microsoft didn't immediately respond to a request for comment. The New York Times was first to report Thursday on a deal between antitrust regulators at the two agencies. Emboldened by President Joe Biden's push for tougher scrutiny of Big Tech's business practices, federal officials have signalled for more than a year that they've been watching out for monopolistic behaviour in the rapidly advancing ...

Like pop star, Nvidia's CEO Huang stirs up 'Jensanity' wave in Taiwan

Jensanity, as some Taiwanese have taken to calling his sky-high popularity, has taken over the island

Nvidia becomes first chip firm to hit $3 trn in mkt value, overtakes Apple

The last time Nvidia was worth more than Apple was in 2002, five years before the first iPhone was released. At the time, both companies were worth less than $10 billion each

Microsoft, Nvidia, Apple now worth more combined than China's stock market

With a total market capitalization of about $9.2 trillion, the three most valuable tech firms have overtaken all of the nearly $9 trillion worth of stocks actively traded on Chinese exchanges

'US regulators to open antitrust probe against Microsoft, OpenAI & Nvidia'

The US Department of Justice will take the lead in investigating Nvidia while the FTC will examine the conduct of OpenAI and Microsoft

Asia stocks rally as US Fed rate cut bets gather momentum; ECB in focus

The shifting Fed expectations lifted oil prices and dragged Treasury yields to their lowest in two months after data this week hinted the US labour market was easing

Diverted Nvidia chips to X, xAI as Tesla had no space to place them: Musk

Musk suggested in one of his posts Tuesday that Nvidia wouldn't be able to track all the money Tesla is spending on AI this year, writing that about half of its expenditures will be internal

Working to certify AI memory chips of Samsung, Micron Technology: Nvidia

Samsung has fallen well behind its smaller rival in that market, which has experienced explosive growth because the chips are used for training artificial intelligence models like ChatGPT

AMD launches AI chips to take on leader Nvidia; plans new chip every year

AMD revealed the MI400 series AI chips, which will arrive in 2026 and will be based on an architecture called "Next"

Tech wrap Jun 3: OnePlus 12 Glacial White launch, AMD Ryzen AI 300 and more

OnePlus 12 gets a new Glacial White colour variant. AMD unveils Ryzen AI 300 processors for next-generation AI PCs. Nvidia previews Project G-assist for in-game AI assistance

Nvidia G-Assist to bring in-game AI assistant to RTX AI-powered Windows PCs

Nvidia's RTX AI platform will bring Microsoft's Copilot+ PC experiences, powered by up to GeForce RTX 4070 graphic processing units (GPUs)

Nvidia says its next-generation AI chip platform to be rolled out in 2026

Nvidia is planning to release a new family of AI chips every year, accelerating its prior release schedule of roughly every two years

US slows licence approvals for AI chip exports to prevent resale to China

The United States Commerce Department extended chip export restrictions to include much of West Asia, along with China and other foreign countries, in October

AI Chipmaker Nvidia's market value at $2.8 trn, surges closer to Apple

Its stock surged as much as 8 per cent to $1,149.39 during the session, an intra-day record high. Apple's stock was down 0.2 per cent in afternoon trading

Samsung's HBM chips failing Nvidia tests due to heat, power problems

The reasons for Samsung failing Nvidia's tests are being reported for the first time