Tag: NVIDIA
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Intel shares rise as AI demand powers rebound
Shares of Intel Corp. climbed 3.4 percent on Thursday after the chipmaker reported a return to profitability, driven by stronger sales in its core...
NVIDIA to invest USD5B in Intel
NVIDIA Corp. is investing USD5 billion in Intel Corp. as part of a landmark collaboration to co-develop custom data center and personal computer products aimed at accelerating artificial intelligence (AI) and high-performance computing applications across enterprise, hyperscale, and consumer markets.
NVIDIA reports 56% surge in 2Q revenue on AI gains
NVIDIA, the tech giant that is the world’s most valuable stock, reported second-quarter revenue of USD46.7 billion, up 56 percent year-on-year, fueled by soaring demand for its Blackwell AI platform. Revenue was also up 6 percent from the first quarter, suggesting growth momentum is still intact.
AMD, Nvidia shares up on China sales reboot
Shares of Advanced Micro Devices (AMD) and Nvidia climbed on Tuesday after both companies announced plans to resume sales of their artificial intelligence (AI)...
NVIDIA earnings surge despite China hit, eyes AI
NVIDIA, a global leader in accelerated computing, on Wednesday reported revenue of USD44.1 billion in its first quarter ended April—up 12 percent from the previous quarter and 69 percent year-over-year — as global demand for artificial intelligence infrastructure continued to soar. The company reported a 31 percent jump in first quarter net income to USD19.9 billion.
