16 articles found

Alibaba unveiled a new AI chip claiming triple the performance of its predecessor, highlighting China’s growing semiconductor capabilities as Nvidia faces US export restrictions and declining access to the Chinese market amid intensifying AI competition.
May 20, 2026

US stocks mostly fell early Tuesday as AI profitability concerns hit tech shares, with Nvidia and Oracle dropping, while higher oil prices weighed on sentiment; Nasdaq and S&P declined, Dow edged up.
April 28, 2026

OpenAI raised $122 billion in a funding round valuing it at $852 billion, backed by major partners and individuals, while expanding ChatGPT, building a superapp, growing revenue, and preparing for public listing amid AI competition.
April 1, 2026

Jensen Huang says Nvidia expects to generate at least $1 trillion in revenue by 2027, driven by soaring demand for its AI GPUs and expanding AI applications across industries.
March 17, 2026

Taiwan’s October exports hit a record US$61.8 billion, up 49.7%, driven by soaring AI demand and chip shipments to the US, its top market. Nvidia and Apple, key customers of Taiwanese chip giant.
November 7, 2025

Nvidia became the first company worth $5 trillion after its stock jumped nearly 5%. The rise came from strong AI chip sales, new deals, and big investments in OpenAI and Intel.
October 29, 2025

US chipmaker Nvidia is investing $1 billion for a 2.9% stake in Nokia as part of a new partnership to develop AI-powered 5G and 6G technologies. Nokia shares surged nearly 20% following the announcement. Nvidia will buy a 2.9% stake in Nokia for $1B, forming a strategic alliance to develop 5G, 6G, and AI networking solutions, boosting Nokia’s AI, cloud, and data center capabilities.
October 28, 2025

The company unveiled on Friday the first US-made Blackwell wafer, produced at TSMC's semiconductor manufacturing facility in Phoenix, as demand for AI chips accelerates.
October 19, 2025

BlackRock, Nvidia, Microsoft, and MGX will acquire Aligned Data Centers from Macquarie for $40 billion, expanding AI infrastructure across the Americas. The deal underscores tech giants’ race to secure computing power for artificial intelligence growth
October 15, 2025