Tag: NVIDIA

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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.

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Aboitiz eyes P7B LIMA investment as office demand grows 

Aboitiz Economic Estates is preparing to invest about P7 billion in LIMA Estate in Batangas as sustained demand for office space drives the expansion of its commercial business district.

DA backs new national ube association to boost industry, exports

The Department of Agriculture (DA) has welcomed the creation of United Ube PH Association Inc., a unified national group aiming to strengthen and expand the Philippine ube industry. Formed following a July meeting convened by Agriculture Secretary Francis Tiu Laurel Jr., the organization secured official registration with the Securities and Exchange Commission this month as a non-stock, non-profit entity. It unites farmers, cooperatives, processors, traders, exporters, researchers, and government representatives across Luzon, Visayas, and Mindanao.

Nestlé backs DA office for coffee sector growth, eyes more local sourcing

Nestlé Philippines has expressed optimism over the Department of Agriculture’s new dedicated office for coffee development, saying the unit will deliver stronger, more focused government support for the local industry.

Zamcelco hailed as model for cutting system losses

The National Electrification Administration (NEA) has cited the Zamboanga City Electric Cooperative (Zamcelco) as a successful model for reducing system losses, urging other power cooperatives to follow its example.

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