Microchip maker Nvidia more than doubled its revenue in the second quarter, thanks to a handful of “whale players” who accounted for nearly every second dollar of the company’s revenue. Four customers, whose identities were kept anonymous for competitive reasons, directly purchased goods and services totaling 46% of Nvidia’s $30 billion in revenue, or about […]
The company has profited handsomely from an AI boom that has seen tech giants invest billions of dollars in Nvidia chips to power large language models like ChatGPT and Gemini. But doubts remain about whether these companies are actually making money from AI and whether they can maintain their breakneck spending pace. When asked about […]
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Are you holding on to your hat or preparing for takeoff? Ultimately, Nvidia’s highly anticipated second-quarter earnings release on Wednesday is unlikely to push investors to either extreme, but Asian markets could open on a defensive note on Thursday. The AI […]
NVIDIA (NASDAQ: NVDA) is at the epicenter of the artificial intelligence (AI) revolution. The company designs the most powerful data center chips for AI development, and demand continues to outstrip supply, causing the company’s revenue and profits to skyrocket. After the market closes today — around 5 p.m. Eastern Time and 2 p.m. Pacific Time […]
VERONA – Epic’s user group meeting offers thousands of attendees a themed surprise each year, so it was no surprise when founder Judy Faulkner appeared onstage at the company’s Deep Space Auditorium on Tuesday dressed as “Lady Swan,” a variation on Mother Goose and fitting into a larger narrative motif. What may have surprised the […]
Image source: Getty Images NVIDIA (NASDAQ: NVDA) just seems to keep beating expectations. We recently passed the halfway mark for this year and in that time the share price is up a whopping 156.4%. It was rumored that the artificial intelligence (AI) giant’s growth might slow down after its epic 233.3% surge in 2023. It’s […]
China has significantly increased imports of South Korean chips in the first half of 2024, according to data from Samsung Electronics and SK Hynix, the two memory chip giants. Samsung reported an 82 percent year-on-year increase in China sales to 32.35 trillion won ($24.1 billion) in the first six months of the year, according to […]
According to a new report from Moore’s Law is deadCiting sources directly at AMD, the company could launch its flagship RDNA 4 GPU before the end of the year. The graphics card, tentatively dubbed the Radeon RX 8800 XT, could be unveiled or teased at Gamescom this weekend. 2 According to a new report, the […]
Half-Life 2’s Nova Prospekt level is an iconic location: a run-down prison with memorable checkerboard patterns, bugs, and Combine soldiers. There are also plenty of objects to interact with using the game’s gravity gun – like hurling tables at enemies. At Gamescom 2024, lucky visitors will be able to try out the classic level as […]
It’s official: Final Fantasy XVI will be released on PC next month in September, Square Enix has announced. 2 VIEW GALLERY – 2 PICTURES Final Fantasy XVI hits PC stores steam and the Epic Games Store on September 17, 2024 and a demo for the PC version is currently available on Steam. The PC port […]
