Nvidia shares fell more than four percent in morning trading Thursday even after the chipmaker posted quarterly results that beat Wall Street expectations.
Nvidia is ramping up production of its powerful H200 AI chips after receiving approval from President Donald Trump to sell the processors to “approved customers” in China.
Hedge‑fund legend Michael Burry, known for forecasting the 2008 housing‑market collapse, is betting big against two of the hottest names in tech: Nvidia and Palantir Technologies.
Nvidia CEO Jensen Huang announced this week that the company will build seven new supercomputers for the U.S. Department of Energy — all using American-made chips.
Elon Musk’s artificial intelligence startup, xAI, has raised $20 billion in a major funding round led by chipmaking giant Nvidia, solidifying the company’s position as one of the fastest-growing players in the AI sector. The deal combines $7.5 billion in equity and up to $12.5 billion in debt through a special purpose vehicle (SPV) that will allow xAI to acquire and rent Nvidia processors for five years.
OpenAI and Advanced Micro Devices (AMD) have reached a landmark agreement that will see OpenAI using 6 gigawatts to power its artificial intelligence systems.
Nvidia, the world’s most valuable chipmaker, is quietly developing a new artificial intelligence chip for the Chinese market that complies with U.S. export restrictions but remains more advanced than products currently approved for sale.
