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Nvidia
Nvidia
NEWS

The chipmaker’s shares fell 8.4% in after-hours trading, triggering slumps in peers in Japan, Taiwan and South Korea
Aug.29 2024 16:26 PM

Santa Clara, California-based firm have rallied roughly 147% this year, adding about $1.8 trillion
Jun.7 2024 04:25 AM

Chinese national champion pulls ahead as Nvidia churns out lower-powered export chips that will comply with ever-tightening U.S. rules
May.23 2024 19:22 PM

The Southeast Asian country is poised to become a critical supplier and processing node for semiconductors that can handle the technology’s vast computing and memory needs
Apr.26 2024 15:44 PM

- Nvidia's annual GPU Technology Conference (GTC) in 2023 marked a significant return to in-person attendance, with the unveiling of its new AI chip architecture, Blackwell, which significantly outperforms its predecessor. The company's market capitalization is nearing $2.3 trillion, surpassing major tech giants and reflecting its dominant position in the AI chip market with an 85% share.
- Amidst a global surge in demand for generative AI following the launch of ChatGPT by OpenAI, Nvidia has become essential for large model training, with no substitutes for its high-end GPUs. This demand has led to a remarkable financial performance for Nvidia, with revenues reaching $60.922 billion and net profits hitting $29.76 billion for the fiscal year ending January 28, 2024.
- Despite Nvidia's dominance, competitors like AMD and Intel are making strides with new chips and ecosystems to challenge Nvidia's market position. Additionally, geopolitical tensions have impacted Nvidia's operations in China, prompting Chinese tech companies to invest in domestic AI chip solutions like Huawei's Ascend series.
Mar.30 2024 13:34 PM

The chipmaker at the heart of the artificial-intelligence craze has had a record run, nearing $2 trillion valuation
Feb.22 2024 15:27 PM

Jensen Huang visited the company’s offices in Shenzhen, Shanghai and Beijing earlier this month as his company’s chips have become pivotal in the U.S.-China tech race
Jan.22 2024 13:25 PM

The chipmaker has said it will produce versions of its products for China that comply with rules imposed by the Biden administration on exports to the Asian nation
Dec.29 2023 20:12 PM

Chipmaker says the new processors abide by stricter guidelines after Washington vowed to restrict chips that give Beijing an AI edge
Dec.12 2023 14:59 PM

The tightened rules in effect impede sales of the China-specific A800 and H800 models, as well as a new graphic processing unit designed for generative AI
Oct.25 2023 18:07 PM

The new rules also require companies to notify the U.S. government before selling chips that fall below the controlled threshold
Oct.18 2023 07:09 AM

The U.S.-led campaign to isolate the country means many domestic manufacturers are struggling to source the key tech from international suppliers
Aug.31 2023 20:02 PM

Restrictions prohibiting the sale of data center GPUs to China would result in a permanent loss of an opportunity for U.S. firms in one of the world’s largest markets, CFO says
Aug.24 2023 14:52 PM

The industry leader, which gets about a fifth of its revenue from China, slid as much as 3.2%, while rival AMD fell about 3%
Jun.28 2023 13:59 PM

Jensen Huang plans to travel to the mainland for the first time in years in June, sources say, with his company emerging as a critical player in AI
Jun.2 2023 20:18 PM

CEO Jensen Huang’s wealth has grown 98% this year, making him the biggest gainer among global tech billionaires tracked on the Bloomberg Billionaires Index
May.18 2023 16:01 PM

Investors race to assess the rise of artificial intelligence as a possible ‘iPhone moment’
May.10 2023 16:26 PM

Chinese companies have been unable to get their hands on some of the more advanced data-center GPUs due to U.S. government restrictions
May.9 2023 09:00 AM

Alibaba and Baidu join the AI fray, but U.S. export controls on crucial chips may slow Chinese progress
Apr.10 2023 07:02 AM

American graphics processing device maker seeks to dodge U.S. export controls by offering a slower version of its advanced A100 chip
Nov.11 2022 04:21 AM
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