Tag: Nvidia Corp.

Nvidia, the chip company, which has enjoyed a monumental ascent over the last 18 months amid enthusiasm over generative AI, jumped 3.4 percent near 1725 GMT, giving it a market capitalization of about $3.3 trillion, slightly ahead of Microsoft and Apple(Justin Sullivan/Getty Images via AFP)
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Nvidia becomes world’s largest company overtaking Apple, market cap crosses $3.43 trillion amid rise of AI

Nvidia Corp. became the largest company in the world on Tuesday, November 6, 2024, with its market capitalisation of $3.43 trillion surpassing Apple’s $3.38 trillion…

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Hon Hai Precision Industry Co. aims to increase server capacity amid high demand for Nvidia chips. Chairman Liu highlighted the unexpected growth for Blackwell chips and announced a new assembly facility in Mexico, although production delays for GB200 servers were confirmed.(Reuters)
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Nvidia partner Hon Hai boosts capacity to meet ‘crazy’ AI demand

Oct 08, 2024 02:50 PM IST Hon Hai Precision Industry Co. plans to expand server capacity to meet rising demand for Nvidia chips, anticipating continued…

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Samsung Electronics faces a crisis in its memory chip division, leading to an apology to investors. New head Jun Young-hyun vowed to implement changes after disappointing revenue and profit figures, as competition from SK Hynix intensifies and delays in AI chip deliveries affect performance.(AFP)
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Samsung’s rare apology as results sag: ‘These are testing times’

Samsung Electronics Co. issued an apology to investors for disappointing results, admitting that the once-dominant memory chip giant is grappling with a potential crisis after…

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A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, US. (Reuters)
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Jensen Huang’s Nvidia may invest in OpenAI along with Apple

Nvidia Corp., the world’s biggest chipmaker, has discussed joining a funding round for OpenAI that would value the artificial intelligence startup at more than $100…

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Jensen Huang, CEO of Nvidia, co-founded the company in 1993. (AP)
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Nvidia’s multi-millionaire employees work till 2 am, 7 days a week in ‘golden handcuffs’ | Trending

Employees of Nvidia Corp led by its billionaire co-founder and CEO Jensen Huang, have a high-stress and gruelling work environment that leaves them with little…

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A passerby gestures in front of an electronic board displaying the Nikkei stock average outside a brokerage in Tokyo, Japan. (Reuters)
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Japan’s Nikkei 225 recovers to levels seen before massive August 5 rout

Aug 13, 2024 08:00 AM IST Technology firms including Tokyo Electron Ltd. rose after Nvidia Corp. boosted the Philadelphia Stock Exchange Semiconductor Index. Japan’s Nikkei…

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A view of a Nvidia logo at their headquarters in Taipei, Taiwan May 31, 2023. REUTERS/Ann Wang(REUTERS)
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Nvidia market value touches $1 trillion mark, joins elite club of 5 US firms

Nvidia Corp.’s market valuation fleetingly crossed the $1 trillion threshold on Tuesday after the chipmaker’s artificial intelligence prospects vaulted it into an elite club of…

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