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TikTok-Parent ByteDance, Now Nvidia's Largest Asian Chip Customer, Races Ahead Of Alibaba And Baidu To Dominate China's Generative AI Market: Report (UPDATED)
Sunday, December 8, 2024 - 11:24pm | 780Read More...Editor’s Note: This story has been updated to include a comment from a ByteDance spokesperson. TikTok-parent ByteDance has reportedly become the largest buyer of Nvidia Corporation (NASDAQ:NVDA) chips in Asia, outpacing rivals like Alibaba Group Holding Ltd. (NYSE:BABA) and Baidu Inc. (NASDAQ...
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Amazon Halts Inferentia AI Chip Development To Take On Nvidia: How Trainium Is Shaping Up To Be The New Weapon In AI Chip Wars
Friday, December 6, 2024 - 1:11am | 635Read More...Amazon.com Inc. (NASDAQ:AMZN) has decided to halt the development of its Inferentia AI chip, shifting its focus to the Trainium chip. What Happened: This decision is part of Amazon’s broader strategy to enhance cost performance in AI model training, reported Nikkei on Thursday. Since it...
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Nvidia's Journey To The Top With $3.5 Trillion Market Capitalization: How The AI Chip Giant Transformed Post-COVID
Wednesday, November 27, 2024 - 8:00am | 873Read More...Nvidia Corp. (NASDAQ:NVDA), under CEO Jensen Huang, has reached a staggering $3.53 trillion market capitalization today, establishing itself as a leader in gaming, data centers, and artificial intelligence (AI). Let's explore how Nvidia evolved from its pre-pandemic foundation to become a dominant...
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Intel's Federal Chips Grant Shrinks Below $8B As Biden Administration Recalibrates CHIPS Act Funding: Report
Monday, November 25, 2024 - 3:30am | 803Read More...The U.S. government reportedly plans to reduce Intel Corp's (NASDAQ:INTC) $8.5 billion federal chips grant. What Happened: Intel, the largest beneficiary of CHIPS Act funding, is set to receive less than $8 billion, a reduction from the $8.5 billion initially announced earlier this year, reported...
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Jensen Huang's Nvidia Fast-Tracks Samsung's AI Memory Certification As AI Giant Looks To Catch Up To Demand
Saturday, November 23, 2024 - 4:51am | 717Read More...Nvidia Corporation (NASDAQ:NVDA) is expediting the certification process of Samsung Electronic Co.’s (OTC:SSNLF) AI memory chips. What Happened: This information was confirmed by Nvidia’s CEO, Jensen Huang, at an event at the Hong Kong University of Science and Technology on Saturday,...
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Nvidia's Blackwell Set To Outpace Hopper? Here's What CEO Jensen Huang Predicts For 2025
Thursday, November 21, 2024 - 1:19am | 505Read More...Nvidia Corporation's (NASDAQ:NVDA) CEO Jensen Huang has predicted that the company's Blackwell architecture will surpass its Hopper GPUs in shipments by 2025. What Happened: On Wednesday, during the company's third-quarter earnings call, Huang shared that Nvidia will continue to see strong demand...
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Nvidia Stock Holding Up Better Than Gary Black's Expectations Amid Blackwell Chip Delays And Q4 Whisper Number Miss: Here's Why
Wednesday, November 20, 2024 - 10:11pm | 662Read More...Gary Black believes Nvidia Corporation's (NASDAQ:NVDA) stock remains resilient despite production delays for its Blackwell chips and missing fourth-quarter whisper numbers. What Happened: On Wednesday, Black, managing partner of The Future Fund, took to X, formerly Twitter, and said that Nvidia's...
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OpenAI CEO Sam Altman Reportedly Leading $150M Funding For Rain AI: Startup Called 'One Of The Legitimate Players At The Table' To Challenge Nvidia
Wednesday, November 20, 2024 - 2:39am | 783Read More...OpenAI CEO Sam Altman is reportedly leading a $150 million funding round for Rain AI, a semiconductor startup aiming to rival Nvidia Corporation (NASDAQ:NVDA) in the AI chip market. What Happened: The funding, which would value Rain AI at around $600 million, follows Altman's participation in...
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Nvidia's Blackwell Chips Are Extra Toasty, Server Overheating Issues Impact Meta, Microsoft And Elon Musk's xAI
Sunday, November 17, 2024 - 9:59pm | 609Read More...Nvidia Corporation’s (NASDAQ:NVDA) new Blackwell AI chips are reportedly grappling with overheating issues. What Happened: Nvidia’s Blackwell AI chips are experiencing overheating problems when connected to server racks designed to hold up to 72 chips, reported The Information, citing...
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Andy Jassy Touts 'Deep Partnership' With Nvidia, But Amazon Is Doubling Down On In-House Custom Silicon For Price-Conscious Customers
Friday, November 1, 2024 - 12:26am | 713Read More...During the third-quarter earnings call, Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy underscored the company’s dedication to its in-house silicon development, despite acknowledging a “deep partnership” with Nvidia Corporation (NASDAQ:NVDA). What Happened: On Thursday, Jassy...
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Qualcomm's New Chipset Brings Multi-Modal Generative AI To Android Phones, Boosting Competition With iPhone 16
Tuesday, October 22, 2024 - 5:16am | 648Read More...On Monday, chipmaker Qualcomm Inc. (NASDAQ:QCOM) unveiled its latest high-end smartphone SoC, the Snapdragon 8 Elite, which boasts a new Oryon CPU and enhanced AI capabilitie. What Happened: The Snapdragon 8 Elite replaces the Kryo CPUs previously used in Qualcomm’s mobile chipsets. The Oryon...
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Nvidia Supplier TSMC Will Push Back Against ASML Rumored Price Hikes, Says Analyst — Potential Pricing Standoff Imminent In Semiconductor Industry?
Friday, October 18, 2024 - 12:21am | 634Read More...Renowned analyst Ming-Chi Kuo has forecasted a potential pricing standoff in the semiconductor industry. What Happened: On Thursday, Kuo an analyst at TF Securities took to X, formerly Twitter, and said that market rumors indicate ASML Holding (NASDAQ:ASML) could hike equipment...
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Nvidia, AMD Face Chip Export Curbs, As Biden Administration Considers Restrictions On Middle-East Countries, Others: Report
Tuesday, October 15, 2024 - 12:09am | 514Read More...The Joe Biden administration is reportedly considering restricting the export of advanced AI chips from Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices Inc. (NASDAQ:AMD) to specific countries. What Happened: The proposal which hasn't been finalized yet aims to limit the AI capabilities...
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Nvidia's Blackwell Chip Faces AMD's MI350 Challenge In 2025: CEO Lisa Su Says, 'Beginning, Not The End Of The AI Race'
Thursday, October 10, 2024 - 9:40pm | 820Read More...To compete with Nvidia Corporation’s (NASDAQ:NVDA) upcoming Blackwell system, Advanced Micro Devices, Inc.’s (NASDAQ:AMD) next-generation chip is scheduled to ship in the second half of 2025. What Happened: On Thursday, AMD disclosed plans for its next-gen MI350 chip, aimed at competing...
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Top Analyst Says Nvidia Poised For Strong Q2 Results: 'There's Still A Ton Of Spending On The AI Chips'
Tuesday, August 20, 2024 - 6:57am | 601Read More...According to predictions by Wedbush Securities, Nvidia Corp. (NASDAQ:NVDA) is poised to report another strong quarter of earnings, propelled by the current surge in AI spending. What Happened: In a CNBC interview on Monday, Wedbush Securities expressed continued confidence in the Jensen Huang-led...
















