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Tag Archives: CNBC
Nvidia sent a strong signal on AI infrastructure — but is it a bubble barometer?
Analysts agree that Nvidia’s earnings are a clear signal of of strong demand for AI infrastructure. Less clear, however, is whether the results can dispel fears of an AI bubble in markets.
‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises
Global tech executives in recent weeks have proclaimed the robotaxi industry is finally near an inflection point.
Nvidia’s beat and raise should wow even its most hardened critics, and the stock soars
Talk about a strong showing.
Nvidia CEO Jensen Huang rejects talk of AI bubble: ‘We see something very different’
During Nvidia’s quarterly earnings call, CEO Jensen Huang offered a three-pronged argument to suggest that AI isn’t a bubble.
Asian chip names rally as Nvidia forecasts hotter-than-expected sales after earnings beat
Asian chip stocks rose in early trading after American AI chip darling Nvidia beat earnings expectations in a strong sign for AI demand.
Nvidia says there’s ‘no assurance’ of final agreement with OpenAI despite $100 billion pact
Two months after announcing its blockbuster $100 billion agreement with OpenAI, Nvidia said in its quarterly report that an official deal is not guaranteed.
Palo Alto tops earnings expectations, announces Chronosphere acquisition
The cybersecurity company said in July it would by Israeli cybersecurity provider CyberArk for $25 billion.
Elon Musk’s xAI will be first customer for Nvidia-backed data center in Saudi Arabia
Nvidia and xAI said a data center being built in Saudi Arabia and equipped with hundreds of thousands of Nvidia chips will count xAI as its first customer.
Meta chief AI scientist Yann LeCun is leaving to create his own startup
Meta chief AI scientist Yann LeCun is leaving the company, marking an end of an era of pioneering computer science research at the Facebook parent.
Block’s stock pops 9% on gross profit forecast, 3-year financial outlook
Block laid out long-term financial targets, projecting annual gross profit growth in the mid-teens through 2028.