China’s revised energy efficiency rules for data center chips could limit Nvidia’s (NVDA, Financials) access to a market that contributes roughly $17.1 billion, or 13% of the company’s annual revenue, according to a report from the Financial Times. China is increasing its energy efficiency criteria for data center CPUs, hence challenging Nvidia’s flagship H20 processor….
Nvidia (NVDA) CEO Jensen Huang has big plans for the AI data center industry. During the company’s GTC conference, the chip giant’s executive and co-founder debuted Nvidia’s Spectrum-X and Quantum-X silicon photonics networking systems. Networking switches connect multiple Nvidia graphics chips together to act as one giant system. Huang says Spectrum-X and Quantum-X photonics can…
Feb 27 – NVIDIA (NVDA, Financial) reported a 78% jump in Q4 FY2025 revenue to $39.3B, citing strong AI chip demand, according to a Wednesday press release. The Santa Clara-based technology firm said data center expansion and the adoption of its Blackwell GPU architecture fueled record-breaking performance in the three-month period ended Jan. 31. Net…
Revenue: $39.3 billion for Q4, up 12% sequentially and 78% year on year; fiscal 2025 revenue was $130.5 billion, up 114% from the prior year. Data Center Revenue: $35.6 billion for Q4, up 16% sequentially and 93% year on year; fiscal 2025 data center revenue was $115.2 billion, more than doubling from the prior year….
By Aditya Soni (Reuters) -Nvidia’s much-awaited results – seen as a barometer of AI chip demand – on Wednesday could prove to be an inflection point for artificial intelligence stocks that have fueled the market’s rally in the last two years. Investors have raked in big returns from the AI boom that has accrued largely…
Vertiv Rides AI Boom To 26% Sales Growth, But Stock Slips On Mixed Outlook Vertiv Holdings Co (NYSE:VRT) shares are trading lower after the company reported fourth-quarter results. Net sales rose 26% year-over-year to $2.346 billion, beating the consensus of $2.151 billion. Organic orders (excluding FX) for the TTM ended December 2024 rose ~30% YoY, led by strong demand in the hyperscale…
Yahoo Finance anchor Madison Mills tracks today’s top trending stocks and market stories in this Market Minute. Advanced Micro Devices (AMD) and tech giant Alphabet (GOOG, GOOGL) sink lower on Wednesday after the semiconductor manufacturer fell short of data center sales forecasts and the Google parent company missed on estimates for its cloud business. Uber’s…
By Max A. Cherney, Stephen Nellis, Arsheeya Bajwa (Reuters) -Advanced Micro Devices failed to impress investors waiting for the chipmaker to gain ground against AI heavyweight Nvidia, even as its quarterly results and revenue outlook exceeded analyst estimates on Tuesday. Shares of the Santa Clara, California-based company dropped about 10% in extended trading. AMD’s shares…
getty ESR Group, Asia’s largest real estate fund manager by asset under management, has set up a joint venture with U.S. data center operator CloudHQ to co-develop a $2 billion data center in Japan. The two companies will jointly build, fit out and operate the data center in Nanko Kita, Osaka, they said in a…
NVIDIA Corporation NVDA has delivered better-than-expected sales and earnings in its latest quarterly report as it continues to progress banking on the incessant demand for its artificial intelligence (AI) chips. Amid the recent data center success, NVIDIA stock remains attractively priced, exhibits a bullish trend, and is fundamentally strong, making it a good buy for…