This is Beirut, 09:35 - Reading : 3 minute(s)
United States AI Semiconductors nvidia
AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns about an AI chip spending bubble and the company's stalled business in China. The California-based firm posted profit of $26.4 billion on record revenue of $46.7 billion in the recently ended quarter, driven by intense demand for ...
This is Beirut, 16/07 12:25 - Reading : 3 minute(s)
Donald Trump Washington Nvidia China
Nvidia CEO Jensen Huang said on Wednesday his firm was "doing our best" to serve China's vast market for semiconductors after meeting Beijing officials. Huang is in the Chinese capital this week to attend the China International Supply Chain Expo, a forum for the country to boost its image as the global defender of free trade in contrast to the ...
This is Beirut, 15/07 09:05 - Reading : 3 minute(s)
Washington Nvidia AI H20 Chips
US tech giant Nvidia said on Tuesday it will resume sales of its H20 artificial intelligence chips to China, after Washington pledged to remove licensing curbs that had put a stop to exports. The California-based firm produces some of the world's most advanced semiconductors but is not allowed to ship its most cutting-edge chips to China owing ...
This is Beirut, 11/06 14:50 - Reading : 3 minute(s)
Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into Europe. “In just two years, we will increase the amount of AI computing capacity in Europe by a factor of 10,” Huang told a packed hall in a southern Paris convention ...
This is Beirut, 27/01 20:05 - Reading : 4 minute(s)
Donald Trump Europe United States AI Nvidia
US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten US dominance in the fast-growing industry. The chatbot developed by DeepSeek, a startup based in the eastern Chinese city of Hangzhou, has apparently shown the ability to match the capacity of US AI pace-setters ...