Samsung share price hits a new record
Samsung Electronics shares jumped to a fresh record high Thursday, after local media reported that the firm is negotiating a price for its latest artificial intelligence memory chip that’s up to 30% higher than the previous generation.
The chipmaker’s...
AMD launches MI300 AI chip to take on Nvidia's dominance
Advanced Micro Devices Inc., taking aim at a burgeoning market dominated by Nvidia Corp., unveiled new so-called accelerator chips that it said will be able to run artificial intelligence software faster than rival products.
The company...
Nvidia says Huawei and Intel are formidable AI chip rivals
Huawei Technologies Co. is among a field of “very formidable” competitors to Nvidia Corp. in the race to produce the best AI chips, according to the American company’s chief.
Huawei, Intel Corp. and an expanding group of semiconductor...
Nvidia shares skyrocket to record-high close after chip upgrade announcement
Nvidia Corp. shares rose 2.1% Tuesday to close at a record high and notch its 10th consecutive session of gains, matching its longest-ever streak of advances.
An update to its artificial intelligence (AI) processors...
Nvidia's Jensen Huang now worth R853 billion (not including his leather jackets)
Nvidia Corp.’s chief executive officer Jensen Huang grew as much as $4.2 billion (R77.7 billion) richer after the company’s latest earnings and forecast beat estimates.
The shares surged as much as 10% in...
Nvidia announces Grace Hopper Superchip to assert its AI dominance
Nvidia Corp. announced an updated AI processor that gives a jolt to the chip’s capacity and speed, seeking to cement the company’s dominance in a burgeoning market.
The Grace Hopper Superchip, a combination graphics chip and...
AMD provides first-look at AI chip to rival Nvidia
Advanced Micro Devices Inc. showcased its upcoming line of artificial intelligence processors, aiming to help data centres handle a crush of AI traffic and challenge Nvidia Corp.’s dominance in the burgeoning market.
The company’s Instinct...
Nvidia briefly joins trillion-dollar club
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 just five American companies.
The stock rose as much as 7.7% early in the...
Nvidia's AI chip sales forecast sends shares surging
Nvidia Corp. results showing that customers are binging on chips used in artificial intelligence computing sent stocks tied to the burgeoning technology soaring globally.
Nvidia gained as much as 29% in late New York trading, while its rival...
Microsoft partners with AMD to develop AI chip
Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker’s expansion into artificial intelligence processors, according to people with knowledge of the situation, part of a multipronged strategy to secure more of the highly...