Netweb Technologies stock hit a new high on Friday as the strong order book position is expected to boost the company's revenue and profits for the current and the coming financial year.
Nvidia on Monday said it will invest as much as $100 billion in OpenAI to help the ChatGPT maker support a massive build-out of data centers equipped with Nvidia's chips
Nvidia's initial $10 billion investment would go toward a gigawatt of capacity using its next-generation Vera Rubin chips, with a build-out starting in the second half of 2026
Nvidia and OpenAI, have announced a game-changing partnership worth up to $100 billion. What will this partnership mean for both the AI giants? Watch the video for details.
The rush into tech has been a boon for chip sectors in many Asian markets, with South Korean stocks up 0.2 per cent, having surged almost 9 per cent this month
The companies unveiled a letter of intent for a landmark strategic partnership to deploy at least 10 gigawatts of Nvidia chips for OpenAI's AI infrastructure
Huawei has developed powerful AI supernodes using its own chips, aiming to boost China's computing power and reduce reliance on foreign technologies like Nvidia
The move comes almost two weeks after US President Donald Trump signed a deal with Intel to acquire a 10 per cent stake in the company to revive the struggling chipmaker
China has reportedly directed its biggest technology firms, including ByteDance, Alibaba and Tencent, to stop buying Nvidia's artificial intelligence chips and cancel existing orders
Beijing has ended its investigation into Google. Nvidia is now under regulatory focus amid trade tensions between the US and China
Successive US administrations have restricted China's access to advanced chips, while Beijing has responded to the curbs by pressing domestic firms to turn away from American suppliers
"We can only be in service of a market if a country wants us to be," Huang said at a press conference in London, in response to a question about the CAC
Google is deploying TPUs in rival data centres, challenging Nvidia's GPU dominance and aiming to break developers' reliance
Hiranandani-backed Yotta to double GPU capacity, fueling sovereign AI model development in India
The new chip, still under testing, has been manufactured in China, unlike Alibaba's earlier version, which was fabricated by TSMC
Markets in Asia latched on to the positive momentum on Friday as MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 per cent
The founder and CEO's bullish outlook contrasts with recent signs of fatigue in AI-focused stocks and comments from industry leaders about overheated investor enthusiasm
Nvidia cautions that Trump's proposed 15% tariff on AI chip sales to China may lead to litigation, weaken US firms' competitiveness, and benefit foreign rivals
MSCI's broadest index of Asia-Pacific shares outside Japan swung between gains and losses, and was last down 0.2 per cent
Huawei aims to begin production at a plant dedicated to making AI chips by year end, with two more facilities set to launch in 2026, the newspaper said citing people familiar with the matter