Nvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centers needed to train
LOS ANGELES (AP) — Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which power artificial intelligence systems continued to grow.
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Nvidia CEO Jensen Huang spoke with CNBC’s Jon Fortt following the chipmaker’s quarterly earnings report on Wednesday.
The report raised fears about the sustainability of AI infrastructure growth. That could mean less demand for Nvidia's chips. TD Cowen's Michael Elias said his team's finding points to "a potential oversupply position" for Microsoft. Shares of Nvidia fell 4% on Friday.
Would it that the antitrust division of the Trump Department of Justice (DOJ) would internalize these truths. For now, the Trump DOJ is operating as though the future is clear. It’s chosen to block the $14 billion acquisition of Juniper Networks by Hewlett-Packard Enterprises.
LOS ANGELES (AP) — Nvidia beats Wall Street estimates with strong fourth quarter, citing demand for Blackwell AI chips.
LOS ANGELES (AP) — Sales of Nvidia’s artificial intelligence chip Blackwell will be top of mind when the company releases its latest financial results Wednesday, with analysts eyeing future ...
Wall Street expects Nvidia to report fourth-quarter adjusted earnings of 85 cents per share on revenue of $38.08 billion, according to FactSet. The company’s net income is expected to reach $19. ...
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