Tag Archives: NVIDIA

NVIDIA Preliminary second quarter revenue of $6.70 billion versus outlook of $8.10 billion Shortfall versus outlook primarily driven by weaker Gaming revenue Management to discuss financial results and outlook on Aug. 24 earnings call SANTA CLARA, Calif., Aug. 08, 2022 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today announced selected preliminary financial results for the second quarter ended July 31, 2022. Second quarter revenue is expected to be approximately $6.70 billion, down 19%… Source link

Chip giant Intel (INTC) is bringing the heat to rivals Nvidia (NVDA) and AMD (AMD) with the launch of the company’s Arc graphics chips. And it could turn the graphics chip industry upside down, not to mention help consumers like you and me. Intel has been teasing its Arc graphics since 2021 as an alternative to Nvidia’s and AMD’s offerings for customers who are looking for solid graphics capabilities for both gaming and content creation. The company will eventually release a slate of… Source link

Step aside Apple and Google, Nvidia may be the new king of tech, one analyst contends. “Nvidia may be the most technology company today,” said Evercore ISI analyst C.J. Muse in a new note on Monday. The analyst reiterated an Outperform rating on Nvidia with a $375 price target. Shares of Nvidia rose slightly in afternoon trading Monday to $277. Muse’s upbeat take on Nvidia comes hot on the heels of the company’s closely watched analyst day, where it held nearly 1,000 sessions that included more… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, March 16, 2022 Apple’s M1 Ultra chip could upend the computer industry Apple’s (AAPL) new M1 Ultra processor hits the market Friday. The chip, which you can get in the new $3,999 Mac Studio, is expected to be an absolute powerhouse that can take on the best of what Intel (INTC), AMD ( Source link

Allaire is focused on a bigger problem: convincing politicians and regulators that crypto — stablecoins in particular — is the future of finance. When he’s not rapping, Allaire sometimes puts on a suit to explain to members of Congress the rapid rise of blockchain-based financial services and why that tech trend is unstoppable. He’s been doing it for nearly a decade. “Conversations are a hell of a lot better now than they were two years ago, three years ago, four years ago, five… Source link

(Bloomberg) — Nvidia Corp. is abandoning its purchase of Arm Ltd. from SoftBank Group Corp., according to people familiar with the situation, bowing to regulatory opposition and ending what would have been the chip industry’s largest deal. Most Read from Bloomberg SoftBank now plans to proceed with an initial public offering of Arm, in lieu of the deal, according to the people, who asked not to be identified because the move isn’t yet public. The IPO is expected to happen in the fiscal… Source link

Samsung’s new gaming hub for 2022 TVs offers easy access to cloud and console games. Samsung … Source link

Samsung is revealing a new lineup of smart TVs at CES 2022 today, including features as exotic as radio-wave powered remote controls and support for NFTs — and they also happen to be the first Samsung sets in a while to let you play triple-A video games from the cloud instead of just your Xbox, PlayStation or PC. After an vague tease in October, Samsung is now confirming that “select” 2022 models will explicitly come with Nvidia’s GeForce Now, Google Stadia, and the Utomik cloud… Source link

on November 22, 2021 at 9:00 am Nvidia has unveiled a new AI tool that translates words into art. The GauGAN2 upgrades the GauGAN text-to-image model for transforming a written description into a realistic painting like the one seen above. Word Painting GauGAN2 takes any descriptive phrase and the AI will start drawing it. The real-time digital painting will shift based on additional adjectives and other descriptions, so the landscape can appear in… Source link

Stock futures opened mixed Wednesday evening after dropping during the regular trading day, with investors giving back some gains as jitters over inflation remained and overshadowed the latest batch of solid corporate earnings results.  Contracts on the S&P 500 were flat as the overnight session kicked off. Though the index ended Wednesday’s session lower, it remained up by 1.8% for November to date, and was less than 0.7% below its all-time intraday high.  Nvidia (NVDA) shares jumped in… Source link