By Lewis Krauskopf NEW YORK (Reuters) -A wobble in U.S. technology shares has raised the stakes for Nvidia Corp’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade. The benchmark S&P 500 has pulled back this week from record levels, dragged lower by a roughly…
Shipping Nvidia’s H20 chips to China was “great” for Beijing and Washington and not a security threat, the tech giant’s chief Jensen Huang says (I-Hwa Cheng) Shipping Nvidia’s H20 chips to China was “great” for Beijing and Washington and not a security threat, the tech giant’s chief said Friday. The California-based company produces some of…
Nvidia CEO Jensen Huang said on Friday that Artificial Intelligence (AI) will continue advancing with or without the support of the United States, citing Trump administration’s decision to allow Nvidia to resume sales of a key AI chip designed specifically for China, Reuters reported. Nvidia CEO also hoped that the measures taken in response to…
(Reuters) -Nvidia has told some of its component suppliers to suspend production work related to H20, its AI chip tailor-made for the Chinese market, The Information reported on Thursday, citing two people with direct knowledge of the communications. Reuters could not immediately verify the report. (Reporting by Yazhini MV in Bengaluru; Editing by Sumana Nandy)…
Chinese artificial intelligence start-up DeepSeek said that China will soon have home-grown “next generation” chips for AI stacking, fanning speculation over breakthroughs China may have achieved. In a one-line note on its official WeChat account explaining the “UE8M0 FP8 scale” of its newly released model V3.1, the Hangzhou-based firm said that the model was particularly…
Tech stocks fell for a second day on Wednesday as investors sold off a slew of tech names amid concerns over the sustainability of the AI boom and a recent market rotation away from some of this year’s biggest winners. Among the Magnificent Seven Big Tech stocks, Amazon (AMZN) and Apple (AAPL) fell nearly 2%,…
Path Tracing & DLSS 4 Coming To Resident Evil Requiem Prepare to escape death in a heart-stopping survival horror experience that will chill you to your core! Resident Evil Requiem, the ninth mainline Resident Evil game, maintains the combat, exploration, and resource management gameplay of the genre-defining series, while now allowing players to switch between…
Topline Software analytics firm Palantir is plummeting on the stock market Tuesday, with shares falling 9% as other AI darlings like NVIDIA and Meta cool down from gains made earlier this month. Palantir shares fell as low as 9% Tuesday. (Photo illustration by Cheng Xin/Getty Images) Getty Images Key Facts Palantir shares were down 9%…
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 3.5% in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve’s Jackson Hole symposium later in the week. The downturn in the market was largely attributed to a significant sell-off in…
Nvidia (NVDA, Financials) is developing a new China-specific AI chip, tentatively called the B30A, that would outperform its current H20 model but remain below the capabilities of its flagship accelerators, Reuters reported Tuesday. The B30A, based on Nvidia’s latest Blackwell architecture, will feature a single-die design expected to deliver about half the raw computing power…