Nvidia, the AI chip powerhouse, saw its shares reach a new peak on Wednesday, climbing to $154. 31 each. This marks a 4. 3% increase from the previous day's close, pushing the company's total value to $3. 76 trillion. This makes Nvidia the most valuable company globally, surpassing tech giants like Microsoft and Apple. The stock's rise comes despite ongoing concerns...
Broadcom recently shared its second-quarter earnings, and it was a big win. The company made more money than experts thought it would. This success is partly thanks to its focus on custom chips for artificial intelligence. These chips are in high demand, especially from big tech companies. The company's revenue grew by 20% compared to the same time last year. This i...
NVIDIA is making some big changes in its production plans. The company is expected to cut back on making its GeForce RTX 50 series graphics cards. Instead, it will focus more on producing AI chips, like the GB300. This move is part of a larger trend in the tech world. Many companies are putting more effort into AI and data centers. However, this shift could make it e...
Nvidia's chip sales have skyrocketed, defying trade tensions and market volatility. This tech giant saw a massive 69% increase in chip sales in the first quarter of 2025, compared to the same time last year. This surge is largely due to the company's advanced chips, which are crucial for artificial intelligence (AI) technology. The tech world has been on e...
Nvidia has taken a significant financial blow due to the U. S. government's restrictions on chip exports. The company has had to write off a substantial amount of money because it can't sell its advanced H20 AI chip in China. This is a direct result of the Trump administration's licensing requirements, which have put a serious dent in Nvidia's revenue. The first qua...
The U. S. Department of Commerce has decided to undo a recent rule that was set to limit the export of AI chips to various international markets. This move came after pushback from the tech industry and several countries. The rule, which was supposed to start on a Thursday, aimed to control the number of AI chips that could be sent abroad without federal permission. ...
The recent decision by President Donald Trump to lift certain restrictions on AI chip exports has sparked significant debate. These restrictions, introduced during the final days of the previous administration, were designed to prevent advanced technology from reaching foreign adversaries. However, they faced criticism from major tech companies, who argued that these...
The Trump administration has decided to change its approach to AI chip exports. It plans to replace a rule set by the Biden administration. This rule was supposed to limit the export of AI chips. It would have affected companies like Nvidia and AMD. The Biden rule was criticized for being too complicated. A US official said it was full of unnecessary rules. This mad...
The tech world is always buzzing, and this week was no exception. Let's dive into some of the biggest stories that caught everyone's attention. Google is in hot water. A judge ruled that the tech giant broke antitrust laws in the ad tech market. This decision comes after a two-year legal battle sparked by complaints from eight states. The judge's ruling could le...
The world of artificial intelligence is on the brink of a major shift. This was the message from Jensen Huang, the head of Nvidia, during a recent event. He spoke to a massive audience about the rapid advancements in AI and what lies ahead. Huang highlighted the growing demand for GPUs from major cloud service providers. He predicted that Nvidia's data center infras...