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Nvidia shares are up well over 200% this year

Investors brace for earnings from 'Magnificent Seven'

The massive growth and technology names that have dominated the US stock market in 2023 are set to report earnings in coming weeks, potentially determining the path for this year's equity rally.

Business • 17 Jul 23

Nvidia stunned investors with a revenue forecast last week that surpassed analysts' expectations by more than 50%

Nvidia hits $1 trillion in market value on AI demand

Nvidia has today become the first chipmaker to join the trillion-dollar club, as the company bets on a surge in demand for its AI chips that power chatbot sensation ChatGPT and many other applications.

Business • 30 May 23

Nvidia is the world's most valuable listed chip company

Nvidia to build Israeli supercomputer as AI demand up

Nvidia said today it was building Israel's most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications.

Business • 29 May 23

Nvidia set to become first trillion-dollar chip firm

Nvidia soared about 26% today taking it closer to a market value of $1 trillion after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI.

Business • 25 May 23

Nvidia has strained to meet demand for its AI chips in recent months

Nvidia shares soar nearly 30% as sales forecast jumps

Nvidia has forecast second-quarter revenue more than 50% above Wall Street estimates, and said it is boosting supply to meet surging demand for its artificial-intelligence chips.

Business • 25 May 23

Nvidia is the world's top maker of graphics processing units (GPUs), which are in high demand because they can be used to speed up AI work.

Nvidia chips away at Intel, AMD turf in supercomputers

Nvidia said today it has worked with the UK's University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel and Advanced Micro Devices.

Business • 22 May 23

Microsoft has struck a 10-year deal with Nvidia if the Xbox maker is allowed to complete its much-contested $69 billion acquisition of Activision

Microsoft in Nvidia game deal to reassure regulators

Microsoft has struck a 10-year deal to bring "Call of Duty" and other Activision games to Nvidia's gaming platform, if the Xbox maker is allowed to complete its much-contested $69 billion acquisition of Activision.

Business • 22 Feb 23

Mr Smith said he hoped that rival Sony will consider doing the same deal.

Microsoft agrees Activision licensing deal with Nvidia

Microsoft President Brad Smith said today that the US software giant has agreed to a licensing deal that will bring Activisiongames to Nvidia's gaming platform and hoped that rival Sony will consider doing the same.

Business • 21 Feb 23

The deal, announced in October 2020, was originally valued at $35 billion, but the rise of AMD stock has pushed up the price tag

AMD closes record chip industry deal with Xilinx deal

Semiconductor designer Advanced Micro Devices said today it has finalised the purchase of Xilinx in a record chip industry deal valued at about $50 billion.

Business • 14 Feb 22

Nvidia, the world's biggest maker of graphics and AI chips, announced the Arm deal last year

Nvidia set to seek EU okay for Arm deal - source

Nvidia is likely to seek EU competition approval for its $54 billion takeover of British chip designer Arm early next month.

Business • 27 Aug 21

Nvidia's supercomputer will use artificial intelligence to help researchers solve pressing medical challenges, including those related to Covid-19

Nvidia building UK supercomputer to help Covid research

US chip giant Nvidia said today it is building Britain's most powerful supercomputer, which will use artificial intelligence to help researchers solve pressing medical challenges, including those related to Covid-19.

Business • 05 Oct 20

The Nvidia deal for Arm is set to reshape the global semiconductor sector

Nvidia to buy chip designer Arm for $40 billion

Nvidia will buy UK-based chip designer Arm from Japan's SoftBank Group for as much as $40 billion, the companies said today, in a deal set to reshape the global semiconductor sector.

Business • 14 Sep 20

Caterpillar has joined a growing list of companies warning about the crippling effects of the fall-off in growth in China

Caterpillar, Nvidia sound alarm on China profit hit

Warnings from Caterpillar and Nvidia about weakening demand from China signal investors could see more profit shortfalls from US firms that count on the second biggest economy for a big portion of their business.

Business • 29 Jan 19

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