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Keywords: NVIDIA


China Launches Antitrust Probe into Nvidia Amid Tech Rivalry

China's Administration for Market Regulation has initiated an antitrust investigation into Nvidia, the world's top AI processor provider, amid the escalating U.S.-China technological competition in the AI sector, which both countries consider crucial for national security, according to Chinese......

OpenAI Secures $6.6 Billion Funding, Achieves $157 Billion Valuation

OpenAI, the innovative company behind the widely popular ChatGPT, has successfully raised $6.6 billion in its latest funding round, elevating its valuation to an impressive $157 billion. This substantial investment comes from notable backers including chip manufacturer Nvidia and Japan's SoftBank,......

Nvidia's Historic $279 Billion Plunge Rattles Global Chip Market

Global semiconductor stocks experienced a significant downturn on Wednesday, following a steep decline in Nvidia’s share price in the U.S. overnight. The plunge in Nvidia’s stock value, amounting to a staggering $279 billion, marked the largest one-day market capitalization drop for a U.S.......

Apple and Nvidia Set to Invest in OpenAI: A Strategic Shift in the AI Race

In a significant development, Apple and Nvidia are reportedly in talks to invest in OpenAI, according to the Wall Street Journal. This move would substantially strengthen their ties with a key player in the rapidly evolving AI landscape. These investments come as OpenAI, the creator of the renowned......

Nvidia's AI Chip Dominance Faces Investor Scrutiny Despite Strong Earnings

In a testament to the surging demand for artificial intelligence technology, chipmaker Nvidia reported impressive second-quarter earnings that exceeded Wall Street expectations. However, the company's stock price dipped in after-hours trading, signaling that investors may be recalibrating their lofty......

Intel to Slash Workforce by 15,000 in Strategic Overhaul

In a dramatic pivot, Intel has announced a significant reduction in its workforce, shedding 15,000 jobs, amounting to over 15% of its current employees. In a memo dispatched to employees on Thursday, the tech giant disclosed this substantial workforce cut as part of a broader strategy to reduce expenditures......

Nvidia's Ascent: Becoming the World's Most Valuable Company

Nvidia has achieved a historic milestone by becoming the world's most valuable company, surpassing tech giants like Microsoft and Apple. This remarkable feat was driven by a record-breaking share price on Tuesday, highlighting the immense demand for its cutting-edge computer chips that power the......

Nvidia's AI Propulsion: Surpassing Tech Titans in Market Valuation

In the dynamic landscape of Silicon Valley, where innovation reigns supreme, a technological chase has unfolded, leaving a trail of astonishment in its wake. Nvidia, the computer chip powerhouse, has accomplished a feat that has sent shockwaves through the tech industry. It has surpassed the market value......

GITEX AFRICA 2024: HP Unleashes the Power of AI to Propel Innovation

As the second edition of GITEX AFRICA, the continent's largest technology and start-up event, unfolds, HP Inc (NYSE: HPQ) takes center stage, unveiling its latest advancements in personal systems, gaming, printing, and hybrid work solutions. Aligning with this year's theme, "Creating a Bold......