Nvidia’s shares dropped more than 6% on Tuesday amid a broad-based selloff in technology stocks, following a record high reached the previous day after the unveiling of its new AI chips. ADVERTISEMENT Nvidia’s shares slumped 6.2% on Tuesday after reaching a record high a day ago when the company unveiled a series of new AI chips to power its growth …
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CES: Nvidia unveils next-generation family of gaming chips
The boss of US computer chip giant Nvidia has unveiled the firm’s next-generation of gaming chips, known as the RTX 50-series. The announcement was part of Jensen Huang’s keynote address at CES, an annual technology show in Las Vegas. The new family of chips will use Nvidia’s Blackwell artificial intelligence (AI) technology to create movie-quality images, he told a packed …
Read More »Nvidia faces China probe amid retaliation for US trade curbs
Nvidia shares slid amid an escalation in the tech trade war as China launched a probe into the company on suspicion of breaching the anti-monopoly law. ADVERTISEMENT Nvidia’s shares fell as China opened a probe into the tech giant on suspicions of violation of the country’s anti-monopoly law. The investigation followed the Biden administration’s fresh restrictions on AI chip export …
Read More »Nvidia targeted by China in new chip war probe
China has launched an investigation into US computer chipmaker Nvidia, targeting one of America’s leading tech companies over alleged violations of anti-monopoly laws. The probe marks the latest salvo in an ongoing US-China tech war over the lucrative semiconductor market. Last week, Washington tightened restrictions on sales of certain exports to Chinese companies and the clash over the industry is …
Read More »Nvidia: Wall Street’s most valuable company – how did it get there?
The company’s journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here’s a look at some of the figures. ADVERTISEMENT Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Revenue nearly doubled …
Read More »Nvidia earnings preview: Another record quarter expected
Investors are keenly awaiting Nvidia’s 2025 financial earnings report for its third quarter on 20 November, with expectations of record revenue. Nvidia’s performance remains pivotal to AI industry trends and broader tech markets. ADVERTISEMENT Nvidia is set to announce its fiscal Q3 earnings for 2025 after US markets close on Wednesday. In the wake of a recent tech sector retreat, …
Read More »AI chipmaker Nvidia to join Dow Jones, replacing rival Intel
The addition of Nvidia to the Dow Jones Industrial Average is a notable milestone, suggesting a more stable outlook for the AI chipmaker in its continued rise and increasing prominence in the tech sector. ADVERTISEMENT The artificial intelligence leader Nvidia is set to replace Intel in the Dow Jones Industrial Average (DJIA), as announced in a press release by S&P …
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