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, 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.
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, 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.
Ferdinand “Perry” Ferrer, chairman and chief executive officer of EMS Group of Companies, has been named the incoming president of the Philippine Chamber of Commerce and Industry (PCCI), succeeding Enunina Mangio.
President Ferdinand Marcos Jr. has cleared the expansion of the Aboitiz-backed West Cebu Industrial Park–Special Economic Zone (WCIP-SEZ), approving the addition of seven new land parcels that widen the zone’s footprint in Balamban, Cebu.
The Meat Importers and Traders Association (MITA) has asked the Department of Agriculture (DA) to reconsider planned changes to the minimum access volume (MAV) rules for pork imports, warning that the proposal is creating “substantial uncertainty” for traders.