Tag Archives: NVIDIA

Nvidia CEO Jensen Huang speaks during a press conference. (Photo credit should read MANDEL NGAN/AFP via Getty Images) Graphics card maker Nvidia (NVDA) reported its fiscal Q1 2022 earnings after the closing bell on Wednesday, beating analysts’ expectations for the quarter. Here’s how the company performed versus what Wall Street was expecting based on Bloomberg’ consensus data. Revenue: $5.66 billion versus $5.41 billion expected Earnings per share: $3.66 versus $3.31 expected Gaming: $2.76… Source link

The UK government is to examine the sale of computer chip designer Arm Holdings to a US company on national security grounds. Japan’s SoftBank intended to sell the UK tech company to Nvidia for about $40bn (£29.5bn). But Digital Secretary Oliver Dowden said he wanted the UK’s competition watchdog to assess its implications. “Following careful consideration of the proposed takeover, I have today issued an intervention notice,” he said. “As a next step and to help me gather the relevant… Source link

(Bloomberg) — Nvidia Corp. shares slipped on concern about growth of the company’s data center chip business. During an earnings conference call, Chief Financial Officer Colette Kress said the majority of growth in the current period will come from Nvidia’s gaming business. Some analysts worried that means the data center division will expand more slowly and they asked several questions on the topic during the call. Nvidia reported data center chip sales jumped 97% to $1.9 billion in the… Source link

TipRanks Morgan Stanley Storms Into the EV Space; Offers 2 Stocks to Buy We are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from 1980. The biggest changes are coming from power systems and artificial intelligence. AI will bring autonomous tech… Source link

Microsoft, Google, and Qualcomm have been raising concerns to regulators about Nvidia’s Arm acquisition, according to reports by CNBC and Bloomberg. The companies have approached regulators in the US, EU, UK, and China, reportedly with concerns that Nvidia could change how Arm licenses out its chipmaking technology. Nvidia has pledged that it won’t use its control over the company to change how it interacts with other businesses. Writing to the Financial Times, Nvidia CEO Jensen… Source link

The world’s largest semiconductor companies face a growing competitive threat: their biggest customers making their own chips tailored to the supercharged areas of cloud-computing and artificial intelligence. Chip making has long been ruled by big manufacturers and design houses such as Intel Corp. INTC -6.30% , Advanced Micro Devices Inc. AMD -0.95% and graphics-chip maker … Source link

By Stephen Nellis If Nvidia Corp buys Arm Ltd from SoftBank Group Corp, Arm will keep “firewalls” in place to ensure the data center chip company does not access confidential information from Arm’s customers or get early access to Arm’s products, a top Arm executive told Reuters on Tuesday. The $40 billion deal announced last month would reshape the global semiconductor sector because Arm has long acted as a neutral player, supplying intellectual property to Apple Inc., Qualcomm Inc and many… Source link

In a recent blog post, Google announced the introduction of the Accelerator-Optimized VM (A2) family on Google Compute Engine, based on the NVIDIA Ampere A100 Tensor Core GPU. A2 provides up to 16 GPUs in a single VM and is the first A100-based offering in the public cloud. Google designed the A2-family of VMs to boost training and inference computing performance for its customers. The A2 features the NVIDIA A-100 Tensor Core graphics processing unit based up the newly NVIDIA… Source link