Daily Headlinez Top News Updates
Nvidia CEO Jensen Huang has now acknowledged that the company has ‘largely conceded’ China’s artificial intelligence chip market to Huawei as US export restrictions continue to reshape the global semiconductor landscape, as reported by CNBC. Recently, Nvidia CEO Jensen Huang revealed that the company’s market share in China has dropped to ‘zero’. Huang made the…
Samsung Electronics saw its market value surge past the $1 trillion mark for the first time on Wednesday, riding a powerful wave of demand for artificial intelligence (AI) chips.The rally comes as the global race to build AI infrastructure accelerates, boosting chipmakers that supply high-performance memory and processors.Samsung has emerged as a key player in…
Shares of Nvidia surged to a record high on Friday, pushing its market capitalisation past $5 trillion for the first time since October, as investor enthusiasm for artificial intelligence chips gathered pace ahead of key earnings from major tech firms.The stock climbed 4.3% to close at $208.27, marking a strong comeback after a weak start…
Nvidia has denied a report which claimed that the American chipmaker has imposed certain payment terms on Chinese customers for its advanced H200 AI chips. The report, published by the news agency Reuters, suggested that Nvidia was demanding these “upfront payments” to protect itself from uncertainty on H200 chip sales in China. However, Nvidia says…
Nvidia has acquired the assets of AI chip startup Groq in a $20 billion. The deal represents a 3x premium over Groq’s valuation just months ago and it is being viewed as a defensive play to protect Nvidia’s dominance against a rising trend of tech companies preferring custom silicon, specifically Google TPUs. The move is…
Nvidia Corp has become the world’s first $5 trillion company, marking another milestone in the artificial intelligence (AI) revolution reshaping global markets. The Silicon Valley chipmaker crossed the landmark just three months after breaching the $4 trillion mark, as its stock soared on the back of surging demand for AI chips and new strategic tie-ups,…
