Tag: NVIDIA

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AI boom sends Nvidia shares higher

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Nvidia shares ticked up Tuesday after the world’s leading accelerated-computing powerhouse posted record third-quarter revenue of USD57.0 billion, a 22 percent jump from the previous quarter and a 62 percent surge from a year earlier, extending a scorching run fueled by relentless global demand for artificial-intelligence infrastructure.

NVIDIA to invest USD1B in Nokia, shares surge on AI-driven telecom push

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NVIDIA, the global leader in artificial intelligence and accelerated computing, is investing USD1 billion in Finnish technology firm Nokia as part of a sweeping strategic partnership to develop artificial intelligence-powered wireless infrastructure, sending both companies’ shares soaring Tuesday.

Intel shares rise as AI demand powers rebound

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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 

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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

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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.
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