Nvidia, corp. earnings
Digest more
NVIDIA and other tech stocks lead Wall Street
Digest more
Nvidia competes with Arista Networks in the networking business, but Evercore ISI analyst Amit Daryanani doesn't see the chip maker's company's blowout performance there as a negative for its big rival.
Nvidia CEO Jensen Huang weighed in on a conflict between the Defense Department and its strategic partner on Thursday, saying it's “not the end of the world.”
Chip giant Nvidia reported its fourth quarter revenue jumped by 73% compared to the same period a year ago to $68.1bn (£50.2bn) - a record haul for the company. The revenue figures beat analyst expectations and come amid a wave of investor scepticism towards the massive amounts of capital being spent on artificial intelligence (AI) technology.
In its earnings report, Nvidia gave guidance for the first quarter that sailed past estimates, with growth projected to reach its fastest in a year.
Big Tech is pouring nearly $700 billion into AI infrastructure, much of it flowing through Nvidia. That concentration creates a unique kind of power and a new kind of risk.
Nvidia wants to be in your next laptop, not just your data center.
Nvidia is returning to consumer PCs through new partnerships with Intel and MediaTek, aiming to power AI-enabled laptops that rival Apple’s efficiency.
Chipmaker Nvidia forecast first-quarter revenue above market estimates on Wednesday, betting on Big Tech's unabated spending on its artificial intelligence processors amid widespread scrutiny of massive AI investments.
The poster child of Wall Street's artificial intelligence craze reported better-than-expected results amid rising investor uncertainty about the the economics of AI.