Latest in Nvidia revenues jump almost 80% on booming AI chip sales
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Nvidia revenues jump almost 80% on booming AI chip sales
Chief Jensen Huang says demand remains strong despite worries China’s DeepSeek could stymie growthFinancial Times - 2h -
Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.The New York Times - 10h -
FirstFT: Nvidia revenues beat forecasts and jump nearly 80%
Also in today’s newsletter, Trump threatens EU with tariffs and 7-Eleven owner’s founding family ditches buyout bidFinancial Times - 4h -
Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia reported fourth-quarter earnings that beat Wall Street expectations. The company also provided strong guidance for the current quarter.CNBC - 11h -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 1d -
DeepSeek raises new questions for Nvidia and the tech giants that hoard its chips
DeepSeek shook the market, but companies like Nvidia are still developing AI platforms that foundation models can use to operate.CNBC - 21h -
Nvidia revenues hit $39.3B, up 78% in FYQ4 — with no sign of slowdown (updated)
Nvidia reported that its revenue for the third fiscal quarter ended October 27 was $35.1 billion, up 17% from the previous quarter and up 94% from a year ago.VentureBeat - 12h -
Huawei improves AI chip production in boost for China’s tech goals
Chinese company improves ‘yield’ of latest semiconductor, despite US efforts to prevent manufacturing advancesFinancial Times - 2d -
China taps tech talent to boost AI data centre boom
Beijing is pooling resources from the private and state sectors to accelerate adoption of the fast-developing technologyFinancial Times - 4d -
Bitcoin slides below $90,000 amid crypto selloff; Tesla sales almost halve across Europe – business live
Bitcoin has tumbled below $90,000 to hit the lowest since mid-November, as rising volatility hits crypto market. Full story: Tesla sales almost halve in Europe as Musk faces criticism over Trump ...The Guardian - 1d -
Tesla sales almost halve in Europe as Musk faces criticism over Trump ties
Tech billionaire, a close adviser to the US president, is a vocal supporter of Germany’s far-right AfD party. Sales of new Tesla cars almost halved in Europe last month, indicating waning demand ...The Guardian - 1d -
Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI
Chinese tech group says it will spend more on artificial intelligence in next three years than over past decadeFinancial Times - 6d -
C3.ai’s stock falls as revenue growth beats expectations but slows down
C3.ai shares tumbled more than 5% in extended trading Wednesday.MarketWatch - 10h -
Nvidia helps launch AI platform for teaching American Sign Language
Nvidia has unveiled a new AI platform for teaching people how to use American Sign Language to help bridge communication gaps. The Signs platform is creating a validated dataset for sign language ...VentureBeat - 6d -
The ‘next important test for AI bulls’ happens this week with Nvidia’s earnings
Nvidia’s profit “could have enough substance even if less sizzle,” BofA analysts say.MarketWatch - 3d -
Nvidia's auto segment revenue surges to record high on demand for driver-assist tech
U.S. chipmaker Nvidia's auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist software picked up.CNBC - 32m -
Amazon bets savings from automation can help fuel AI spending boom
US tech giant expected to spend as much as $25bn on warehouse automation in broader efficiency driveFinancial Times - 1d -
Microsoft reiterates plan to invest $80 billion in AI, but may 'adjust our infrastructure in some areas'
Microsoft hasn't backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure adjustments.CNBC - 2d -
Nvidia beats Wall Street expectations in first earnings after debut of DeepSeek AI
Investors will be eyeing firm’s financials for signs of slowing demand after revelation high-end chips not necessary. Nvidia surpassed investor expectations for the fourth quarter of 2024 with a ...The Guardian - 10h -
Value investor Bill Nygren explains why Nvidia isn’t the best AI stock to own now
Look at companies that use AI effectively — not AI hardware manufacturers — Oakmark Fund manager says.MarketWatch - 11h -
Nvidia CEO Huang says AI has to do '100 times more' computation now than when ChatGPT was released
Nvidia CEO Jensen Huang spoke with CNBC's Jon Fortt following the chipmaker's quarterly earnings report on Wednesday.CNBC - 8h -
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TikTok seeks a deal and China brings a chip ‘shock’
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial TimesFinancial Times - 1h -
No, it's not the circus. Acrobatics and tumbling, a mashup of gymnastics and cheer, is booming
Acrobatics and tumbling is one of the NCAA's fastest-growing sportsABC News - 6d -
Newsom asks Congress for almost $40B in wildfire recovery aid
California Gov. Gavin Newsom (D) has requested that Congress appropriate nearly $40 billion to support communities affected by the wildfires that devastated the Los Angeles region last month. ...The Hill - 2d -
LNG demand to jump 60% by 2040, Shell forecasts
Faster economic growth in Asia and decarbonisation efforts expected to boost demandFinancial Times - 1d -
Egg Prices Could Jump Another 41% This Year
USDA is also spending more to battle avian flu, which caused 166 million chickens to be culled to prevent disease spread.Inc. - 12h -
Japan warns over threat from China’s chip material export controls
Officials and executives say gallium rules will upset supply chains for chips and vehicle batteriesFinancial Times - 6d -
‘People are so polite’: the Ukrainian refugee bonding with the British over borscht and chips
First Ukrainian refugee to arrive in UK after Russia invasion says even the British dogs are better behaved, but that ‘the weather is sad’. Sharing a bowl of homemade Ukrainian borscht with your ...The Guardian - 3d -
Chips in strips: Brentford move to stop counterfeit market in match-worn shirts
Microchips aim to prove authenticity of player-worn kit First use comes in Wednesday’s visit of Everton Brentford are to integrate microchips into their match-day shirts that will prove their ...The Guardian - 1d -
Why Trump’s Clean Energy Rollbacks Could Derail a Factory Boom
With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.The New York Times - 6d -
Why More People Are Embracing the Alcohol-Free Drinking Boom
Health-conscious drinkers are fueling a nonalcoholic beverage boom—with help from the startup Monday Morning.Inc. - 4d -
Hungarian film-makers struggle for funding despite production boom
While country draws international talent, domestic movies are more likely to get made if they align with Orbán politics. The office of Proton Cinema lies on the ground floor of a modernist house in ...The Guardian - 2h -
Purdue Fort Wayne wins 80-66 over Oakland
Led by Rasheed Bello's 19 points, the Purdue Fort Wayne Mastodons defeated the Oakland Golden Grizzlies 80-66ABC News - 5d -
Gherezgher has 17, Northern Kentucky defeats Wright State 80-76
Led by Dan Gherezgher Jr.'s 17 points, the Northern Kentucky Norse defeated the Wright State Raiders 80-76ABC News - 5d -
Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.The New York Times - 2d -
Grace Slick on sex, drugs and Jefferson Airplane: ‘I was sober in the 80s. That was a mistake’
She topped the charts, dropped the F-bomb on US TV, was ghosted by Jim Morrison and planned to spike Richard Nixon’s tea with LSD. Now 85, the legendary singer tells all. Rock’n’roll might not be ...The Guardian - 2d -
Dog walker, 80, 'racially taunted' before fatal attack
A 15-year-old boy and 13-year-old girl are accused of killing Bhim Kohli at a park in Leicestershire.BBC News - 1d -
Norovirus sickens nearly 80 passengers on cruise that left from Florida
It's the second Holland America Line ship to have dozens of passengers fall ill this month, according to the CDC.CBS News - 15h -
Amazon surpasses Walmart in revenue for the first time
Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.CNBC - 6d
