Page 24 - Nvidia

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

Nvidia reduces prices in China amid competition from Huawei's chips

The flattening prices underscore the challenges Nvidia's China business faces amid US sanctions on AI chip exports and heightened competition

Nvidia's Huang now richer than every member of Walmart's founding family

Huang's net worth jumped to $91.3 billion Thursday, bumping him up three spots on the Bloomberg Billionaires Index to become the 17th-richest person in the world

Wall Street tumbles as AI Nvidia's fervor dampened by rate jitters

All three major US stock indexes gathered downward momentum in afternoon trading, ending the session deep in red territory

Nvidia forecasts quarterly revenue above estimates, unveils stock split

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

Nvidia plans new AI chips every year after logging over $14 bn in profits

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