Tag: NVIDIA

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AI boom sends Nvidia shares higher

Corporate Context.ph Context.ph -
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

Communications & Technology Context.ph Context.ph -
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

Markets Context.ph Context.ph -
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 

Communications & Technology Context.ph Context.ph -
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

Markets Context.ph Context.ph -
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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Jobless rate rise in May, underemployment rate eases 

Economy 0
The Philippines' unemployment rate climbed to 4.8 percent in May, the highest in a year, as fewer Filipinos found work despite a modest month-on-month increase in employment, underscoring persistent cracks in the labor market. 

BCI eyes broader Philippine bet beyond telecom towers

Communications & Technology 0
Canadian institutional investor British Columbia Investment Management Corp. (BCI) is exploring a bigger investment footprint in the Philippines, expanding its focus beyond telecommunications infrastructure as it seeks opportunities in sectors poised for long-term growth.

Aboitiz boosts Bohol Airport safety via specialized training

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Aboitiz InfraCapital Bohol Airport Corp, (ABAC) is strengthening operational reliability at Bohol–Panglao International Airport by investing in internationally accredited technical training for personnel responsible for one of aviation's most critical—but least visible—safety systems.

US launches new strikes vs Iran

Context Dispatch 0
The US launched military strikes against Iran on Tuesday after accusing Tehran of attacking three commercial vessels transiting the Strait of Hormuz, escalating tensions in the Middle East. The US Central Command (CENTCOM) said the strikes were intended "to impose heavy costs" on Iran for targeting civilian-crewed commercial shipping in international waters, calling the attacks "a clear violation of the ceasefire." Earlier, the US Treasury Department barred new sales of Iranian oil after July 7, tightening sanctions. The twin developments sent global oil prices higher amid fears of renewed disruption to shipping through the critical energy corridor.

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