Latest in Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
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Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.CNBC - 1h -
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.The Wall Street Journal - 16h -
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.CNBC - 9h -
SK Hynix profits beat Samsung’s for first time on AI boom
South Korean chipmaker expects sales of high-bandwidth memory products to more than double this yearFinancial Times - 14h -
Huawei seeks to grab market share in AI chips from Nvidia in China
Tech giant pushes its artificial intelligence chips as hardware of choice for ‘inference’ tasksFinancial Times - 2d -
Nvidia supplier Taiwan Semi reports profit surge. AI capacity is ‘very tight,’ CEO says.
Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.MarketWatch - Jan. 16 -
Nvidia tackles agentic AI safety and security with new NeMo Guardrails NIMs
Nvidia is optimizing AI safety controls for multi-agent systems with minimal performance impact through new NeMo Guardrails microservices.VentureBeat - Jan. 16 -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
U.S. Targets China With New AI Curbs, Overriding Nvidia's Objections
The U.S. is imposing some of its strongest measures yet to limit Chinese advances in AI, aiming to block backdoors in other countries that Beijing could use to access technology.The Wall Street Journal - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
TSMC manufacturers semiconductors for some of the world's biggest companies from Apple to Nvidia.CNBC - Jan. 10 -
Nvidia's tiny $3,000 computer for AI developers steals the show at CES
Nvidia CEO Jensen Huang was greeted as a rock star this week at the CES tech show in Las Vegas.CNBC - Jan. 10 -
Why Nvidia’s Jensen Huang Is So Bullish on ‘Physical AI’ and Robots
‘The ChatGPT moment for robotics is coming,’ Huang said. Here’s why.Inc. - Jan. 8 -
Samsung’s revival still hangs on winning Nvidia’s AI custom
South Korean group is one of only a few chipmakers with the ability to produce memory chips essential for AI applicationsFinancial Times - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
A Nvidia AI Supercomputer Could Be Yours for Just $3,000
The machine, set to come out in May, is called Project Digits. It packs a petaflop of computing power.Inc. - Jan. 7 -
Nvidia founder unveils next generation of AI and gaming chips at CES 2025
In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him.NBC News - Jan. 7 -
Nvidia’s Jensen Huang Just Reminded the World Who’s King of AI
The CEO shared an upbeat outlook for the AI industry and Blackwell chips at CES.Inc. - Jan. 7 -
Nvidia’s ‘Cosmos’ AI Helps Humanoid Robots Navigate the World
Nvidia CEO Jensen Huang says the new family of foundational AI models was trained on 20 million hours of “humans walking, hands moving, manipulating things.”Wired - Jan. 7 -
Nvidia’s AI agent play is here with new models, orchestration blueprints
Nvidia enters the AI agent space with a family of language models for agentic instruction and orchestrarion frameworks it calls Blueprints.VentureBeat - Jan. 7 -
Nvidia unveils AI foundation models running on RTX AI PCs
Nvidia today announced foundation models running locally on Nvidia RTX AI PCs that supercharge digital humans, content creation, productivity and development.VentureBeat - Jan. 7 -
Nvidia launches blueprint for AI agents that can analyze video
Today as part of its CES 2025 opening keynote by CEO Jensen Huang, Nvidia launched a blueprint for AI agents that can analyze video.VentureBeat - Jan. 7 -
Nvidia gets key design wins to bring AI to autonomous vehicle fleets
Nvidia has announced it has key design wins for autonomous vehicles with car makers such as Toyota, Aurora and Continental.VentureBeat - Jan. 7 -
Nvidia’s $3,000 ‘Personal AI Supercomputer’ Will Let You Ditch the Data Center
Nvidia CEO Jensen Huang also announced new AI tools for creating autonomous agents during a keynote address at CES.Wired - Jan. 7 -
Inworld AI teams with Nvidia and Streamlabs on intelligent streaming assistant
Inworld AI announced it is collaborating with Nvidia and Streamlabs to create an intelligent streaming assistant using AI technology.VentureBeat - Jan. 7 -
Nvidia unveils Project Digits personal AI supercomputer for researchers and students
Nvidia today unveiled Nvidia Project Digits, a personal AI supercomputer that serves AI researchers, data scientists and students worldwide.VentureBeat - Jan. 7 -
Nvidia using GenAI to integrate Omniverse virtual creations into physical AI apps
Nvidia unveiled generative AI models and blueprints that expand Nvidia Omniverse integration further into physical AI applications.VentureBeat - Jan. 7 -
Nvidia launches Cosmos World Foundation Model platform to accelerate physical AI
Nvidia launched its Cosmos World Foundation Model platform to accelerate physical AI development.VentureBeat - Jan. 7 -
Nvidia launches agentic AI blueprints to automate work for enterprises
Nvidia and its partners launched Agentic AI Blueprints to automate work for every enterprise.VentureBeat - Jan. 7 -
Nvidia’s Nemotron Model Families will advance AI agents
Nvidia announced Nemotron Model Families to advance agentic AI as part of its bevy of AI announcements at CES 2025 today.VentureBeat - Jan. 7 -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - Jan. 7 -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Nvidia’s Market Value Got a $2 Trillion Boost in the AI rally of 2024
The AI chipmaker recorded the largest market cap increase of any publicly listed company in 2024, nearly tripling in value to $3.28 trillion by the end of the year.Inc. - Jan. 2 -
Nvidia invested $1bn in AI deals in 2024
Group emerges as crucial backer of start-ups seeking to gain from the tech revolution its chips are poweringFinancial Times - Jan. 1