Indian IT Services companies, Goldman Sachs said, have doubled their market share in the last 10 years to 6.2 per cent of the global IT spending in CY22
CLOSING BELL ON AUGUST 24, 2023: The Nifty tumbled over 200 pts in intra-day deals, and ended with a loss of 57 points. IndusInd Bank, Asian Paints and Infosys, however, gained over a per cent each.
The global rally lacks breadth, with only a few tech stocks driving the surge. In contrast, India's market stands out as an exception
Nvidia's value has jumped as its graphics processors have become the most popular for data centers needed to power generative artificial intelligence
Global companies that found mention in the list were Nvidia, SpaceX, OpenAI, Crocs, Taco Bell, BYD, LVMH, and Lockheed Martin
The company will introduce a new range of PC chips called 'Core Ultra' to better compete with other chipmakers like AMD and Nvidia in the market
Will today's pause by RBI lead to a pivot? Why are public sector banks under pressure? Markets factoring in most positives; what's next? Why are Nvidia GPUs so important? All answers here
How long, and how high, Nvidia rises will depend a lot on how major corporations and mass consumers adopt and adapt to the AI boom
Jain said the asset manager is considering raising its exposure to Adani by participating in capital increases the group announced in May.
Having started off in 1993 as a graphics card maker for gamers, Nvidia has transformed into a chip powerhouse, with solutions for tech companies and startups to power their AI workloads
Nvidia was up 3% to $401.11 as of the close in New York, putting its market capitalization at $990.7 billion
Nvidia's shares rose about 25% last week sparking rally in AI stocks and boosted other chipmakers, helping the Philadelphia SE Semiconductor index close on Friday at its highest in over a year
Chipmaker's MediaTek and Nvidia has teamed up to bring drivers and passengers new experiences inside the car as they will be working on transforming automobiles with artificial intelligence (AI)
The system, called Israel-1, is expected to deliver performance of up to eight exaflops of AI computing to make it one of the world's fastest AI supercomputers
ChatGPT has disrupted the tech world, but not many know that US-based Nvidia is at the heart of the AI revolution
The Santa Clara, company gained as much as 29 per cent in extended US trading, on course for a record high, after saying it expects about $11 billion of sales in the three months ending July
Microsoft has announced the addition of AI-powered Bing capabilities to the SwiftKey app (a third-party keyboard) on iOS and Android
This would be a big step for Nvidia because it would show that established desktop GPU designs can also be ported to smartphone SoCs, reports Gizmochina
Microsoft's Xbox video game division has announced new partnerships with Nintendo and chipmaker Nvidia as it tries to persuade European regulators to approve its planned USD68.7 billion takeover of game publishing giant Activision Blizzard. A key audience for the announcements were the European Union antitrust regulators who held a closed-door meeting Tuesday with executives from Microsoft and some of their competitors, including Sony and Google. Microsoft announced a 10-year agreement with chipmaker Nvidia to bring Xbox games to Nvidia's cloud gaming service. Microsoft also said it has now signed a similar deal with Nintendo, formalizing a commitment it revealed late last year. What it does not have is an agreement with Xbox's chief rival, PlayStation-maker Sony, which has sought to convince antitrust regulators around the world to stop the Activision Blizzard merger. The all-cash deal, which is set to be the largest in the history of the tech industry, faces pushback from regulat
Earlier this week, it was reported that Discord was slowing down graphics card memory clocks on some Nvidia graphics cards