Nvidia Supplier SK Hynix Posts Record Profit on AI Boom

Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations

Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties

ABC News - 18h

Small investors bought the dip in Nvidia by a record amount Monday

Retail investors rushed into Nvidia on Monday, signaling Main Street support for the chipmaker despite the emergence of an artificial intelligence model from China that battered its shares and ...

NBC News - 2d

Small investors bought the dip in Nvidia by a record amount Monday

Retail investors bought more than $562 million worth of Nvidia stock on balance during the rout, data shows.

CNBC - 2d

Why Nvidia investors are spooked by Chinese AI upstart

Short sellers profit as US chipmaker loses nearly $600bn in market value on Monday

Financial Times - 2d

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.

NBC News - 5d

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 - Jan. 23

Real Madrid post record revenue over $1 billion

Real Madrid have become the first club to record over €1 billion in annual revenue in the Deloitte Football Money League, the consulting firm said Thursday.

ESPN - Jan. 23

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 - Jan. 23

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 year

Financial Times - Jan. 23

Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings

Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...

The Guardian - Jan. 21

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

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 boom

ABC 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

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 win

Financial 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

Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business

Fourth-quarter earnings hit by greater investments in advanced chip manufacturing

Financial 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 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 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

New Orleans attacker posted recordings on his beliefs in year before rampage

Shamsud-Din Jabbar made no mention of plans for violence or affiliations with extremist groups in the recordings.

CBS News - Jan. 3

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