Alibaba shares (NYSE: BABA) are showing a significant gain in premarket trading today, likely fueled by reports of the company developing a new AI chip to reduce reliance […]
Nvidia Breaks Revenue Records, Surpasses Wall Street Expectations
Tech giant Nvidia has delivered a stellar second-quarter performance, exceeding analysts’ forecasts with $46.7 billion in revenue. The impressive figures represent a significant 56% jump compared to the […]
AMD Enters AI Chip Battleground, Challenging Nvidia’s Dominance
Nvidia has long dominated the AI chip market, but AMD is closing the gap with its new MI355 processors. CEO Lisa Su believes these advancements can challenge Nvidia’s […]
Nvidia Unveils Cost-Effective AI Chip Targeting Chinese Market Amidst Export Restrictions
To address the US export limitations that restrict advanced chip sales, Nvidia has unveiled a new, lower-cost AI chip specifically tailored for China’s market. The chip is estimated […]
Nvidia Launches Affordable AI Chips to Counter U.S. Export Restrictions in China
In response to U.S. export controls, Nvidia is releasing new, lower-priced AI chips aimed specifically at the Chinese market. These chips, priced between $6,500 and $8,000, aim to […]
Nvidia Launches Downgraded AI Chip for China Market
Nvidia’s latest foray into the Chinese market involves a new AI chip built on the Blackwell architecture, slated to launch in June 2025. This chip is specifically tailored […]
Trump Administration Removes AI Chip Export Restrictions: Market Reacts Positively
The Trump administration has reversed Biden-era restrictions on exporting advanced AI chips, impacting global markets and triggering a positive response from semiconductor companies. This policy shift is expected […]
Nvidia and AMD Stocks Plummet Following China Chip Ban
Shares of leading AI chip companies, such as Nvidia and AMD, experienced a sharp decline after the U.S. government imposed new export restrictions on AI chips to China. […]
Nvidia’s Earnings Surge: Driven by AI Chip Demand
Chipmaker Nvidia has delivered impressive earnings for its fiscal year and fourth quarter, with revenue soaring 80% compared to the same period last year. This surge is attributed […]