Tag: nvidia
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Nvidia agrees to buy Hugging Face for $12.9 billion, the Information reports
Aug 26 : Nvidia has agreed to buy AI platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal.Reuters could not immediately verify the report.
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Nvidia stock jumps after early dip following results; AI fever is unabated
NEW YORK, Aug 26 : Nvidia investors got a roller coaster ride after the market closed on Wednesday, with its shares jumping after an early dip following the company’s quarterly results, highlighting Wall Street’s elevated expectations for its favorite AI chip designer.Nvidia handily beat the consensus estima
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Equities rise with tech boost and yields fall with oil prices
NEW YORK/LONDON, Aug 25 : MSCI’s global equities gauge rose on Tuesday as investors awaited economic data and Nvidia’s financial results, while bond yields declined and oil prices fell following a U.S. threat to expand sanctions against Iran.Yields on U.S. 10-year and 30-year bonds were set for a second strai
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Nvidia faces growth test as Rubin debut meets AI financing scrutiny
Aug 25 : Nvidia’s results on Wednesday will test whether the company’s latest Rubin chips can drive another period of explosive growth, with some investors questioning the sustainability of the AI spending boom.The chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, th
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Stocks rise and oil slips as traders eye Iran threat, Nvidia results
HONG KONG: Stocks rose and oil dipped on Tuesday (Aug 25) as investors assessed a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia.With the war against Tehran in its sixth month, Treasury Secretar
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Nvidia shares set for US$280 billion price swing after earnings, options show
NEW YORK: Options traders are pricing in a US$280 billion swing in Nvidia’s market value after the company reports second-quarter earnings on Wednesday afternoon (Aug 24), as investors seek fresh insight into the demand driving the technology sector. The chipmaker’s options are pricing in a 5.4 per cent
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Nvidia shares set for $280 billion price swing after earnings, options show
NEW YORK, Aug 25 : Options traders are pricing in a $280 billion swing in Nvidia’s market value after the company reports second-quarter earnings on Wednesday afternoon, as investors seek fresh insight into the demand driving the technology sector.The chipmaker’s options are pricing in a 5.4 per cent move in
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Nvidia worker among 9 charged in Taiwan chip smuggling case
TAIPEI: Nine people in Taiwan, including an Nvidia worker, were charged on Monday (Aug 24) over the illegal export of artificial intelligence servers to China, Taiwanese prosecutors said.The indictments follow an investigation into the shipment of “high-end” AI servers made by Nasdaq-listed Super Micro Comput
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Nvidia customers notified about AI-related price hikes above 15%: Report
Some of Nvidia’s largest customers have been told prices of servers containing its artificial intelligence chips will rise by more than 15 per cent in many cases, with memory chip costs soaring, Bloomberg News reported on Saturday (Aug 22).The price hikes will go into effect on systems shipped early next year
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Nvidia invests in data center developer Cloverleaf Infrastructure
Aug 21 : Nvidia has made a minority investment in privately held Cloverleaf Infrastructure to develop infrastructure to power AI data center projects across the U.S., the companies said on Friday.The investment will help Cloverleaf develop sites for the data centers, while Nvidia will support infrastructure b
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