Nvidia Insiders Sell Over $1 Billion in Shares Amid AI Market Boom Nvidia, the renowned graphics chip maker, has been making waves in the tech industry once again. Recent reports have revealed that insiders at Nvidia have collectively sold over $1 billion in shares, sparking curiosity and speculation among investors and industry experts alike. This […]
Nvidia becomes world’s most valuable company after stock surge
Nvidia Overtakes Apple and Microsoft to Become the World’s Most Valuable Company In a surprising turn of events, Nvidia has emerged as the world’s most valuable company, surpassing tech giants like Apple and Microsoft. The semiconductor company’s meteoric rise to the top of the global stock rankings can be attributed to a combination of strong […]
South Korea’s SK Group and AWS team up on AI infrastructure
South Korea’s SK Group and AWS team up on AI infrastructure South Korea’s SK Group is making waves in the tech industry as it partners with Amazon Web Services (AWS) to bolster its AI infrastructure. Chey Tae-won, the chairman of SK Group, has boldly stated that the conglomerate is “uniquely positioned” to take the lead […]
Qualcomm to acquire Alphawave for $2.4 billion
Qualcomm Strengthens AI and Data Center Strategy with $2.4 Billion Alphawave Acquisition In a strategic move to bolster its capabilities in artificial intelligence (AI) and data center technologies, Qualcomm has recently announced its acquisition of Alphawave for a substantial sum of $2.4 billion. This acquisition marks a significant step for Qualcomm in expanding its presence […]
Broadcom beats estimates but stock dips after-hours
Broadcom Beats Estimates but Stock Dips After-Hours Broadcom, the global technology leader, recently announced its financial results for the fiscal quarter, surpassing analysts’ estimates. Despite the positive performance, the company experienced a slight dip in stock value during after-hours trading. This fluctuation in stock price has left investors wondering about the factors influencing Broadcom’s market […]
AMD faces a $1.5 billion loss from US chip curbs
AMD Faces a $1.5 Billion Loss from US Chip Curbs Advanced Micro Devices (AMD) has found itself in the crosshairs of US tariffs targeting its China chip sales, potentially leading to a substantial $1.5 billion loss for the company. The semiconductor giant has been navigating choppy waters due to geopolitical tensions and trade restrictions, which […]
Nvidia hit by the new US export rules
Nvidia Faces Setback as US Government Imposes Indefinite Export Restrictions on H20 Chips Nvidia, a prominent player in the technology industry, is currently grappling with a significant challenge. The US government has recently imposed indefinite restrictions on the export of Nvidia’s H20 chips. This unexpected development has sent shockwaves through the company and the market […]
Nvidia to build AI supercomputers in the US
Nvidia to Build AI Supercomputers in the US Nvidia, a renowned leader in the field of artificial intelligence and graphics processing, is making significant strides in advancing AI technology by producing its Blackwell AI chips at TSMC’s Arizona plant. This move marks a pivotal moment not only for Nvidia but also for the United States’ […]
STMicroelectronics unveils new AI chip for data centres
STMicroelectronics Unveils New AI Chip for Data Centres STMicroelectronics, a global leader in semiconductor solutions, has recently made waves in the tech industry with the unveiling of their groundbreaking AI chip designed specifically for data centers. This innovative development is set to revolutionize AI infrastructure with its cutting-edge photonics chip, promising significant advancements in processing […]
AMD pushes forward data centre GPU launch to mid-year
AMD Accelerates Launch of Next-Generation Data Centre GPUs Amid Surging Demand for AI Computing The landscape of artificial intelligence (AI) computing is rapidly evolving, with businesses across various industries increasingly relying on AI technologies to drive innovation and gain a competitive edge in the market. As the demand for AI computing continues to soar, semiconductor […]