Colette Kress News

27.02 / 14:41

UPS FIVE CEO CarMax information reports Department Corporate AI Investment Is Surging, to Nvidia’s Benefit

The blockbuster earnings report last week from chip maker Nvidia proved that companies are willing to spend big for artificial intelligence. In corporate settings, that money is often allocated directly from the top. Unlike previous waves of innovation that were funded by information-technology departments’ internal budgets, some companies are setting up allocations just for AI.

19.03 / 23:25

markets Google Platform Racing Software Gemini NVIDIA Factbox-Key takeaways from Nvidia's annual developer conference

(Reuters) — Nvidia (NASDAQ:NVDA) unveiled its next big AI chip along with several partnerships and software tools at its annual developer conference this week, seeking to maintain its lead in the race to power the artificial intelligence boom.

19.03 / 19:13

UPS Reuters Platform NVIDIA wellness Meta Platforms Meta Ceo performer NOT Meta does not expect new Nvidia chips to arrive until at least next year

NEW YORK (Reuters) — Facebook owner Meta Platforms (NASDAQ:META) is not expecting to receive shipments of Nvidia (NASDAQ:NVDA)'s new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters.

25.02 / 14:31

markets COST Google Software NVIDIA AMD rights How a Shifting AI Chip Market Will Shape Nvidia’s Future

The AI chip battle that Nvidia has dominated is already shifting to a new front—one that will be much larger but also more competitive. Nvidia built itself into a $2 trillion company by supplying the chips essential for the incredibly complicated work of training artificial-intelligence models. As the industry rapidly evolves, the bigger opportunity will be selling chips that make those models run after they are trained, churning out text and images for the fast-growing population of companies and people actually using generative AI tools.

21.02 / 17:01

markets Provident ETF NVIDIA Trade reports Updates Nvidia Earnings Preview: Selloff in the Cards as Parabolic Rally Put to Test

Nvidia's (NASDAQ:NVDA) earnings report on Wednesday afternoon is set to pose a critical test for the AI-led market rally.

23.11 / 03:43

Reuters WhatsApp NVIDIA reports share price Nvidia share price falls on downbeat China sales outlook

Also Read: OpenAI researchers sent letter warning of AI threat ahead of Sam Altman's ouster Nvidia forecast adjusted gross margins of 75.5% for the fourth quarter, above analyst estimates of 72.64%. Nvidia forecast current-quarter revenue of $20 billion, plus or minus 2%.

22.11 / 19:39

business NVIDIA generative AI Nvidia posts record $18B Q3 revenue, cites generative AI as primary driver

Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, with the firm’s market cap now reaching $1.22 trillion.

22.11 / 00:49

Target Manufacturing Google NVIDIA performer Inside reports Nvidia outlook beats expectations but China worries linger

By Chavi Mehta, Max A. Cherney and Stephen Nellis

22.11 / 00:49

NVIDIA reports Nvidia delivers upbeat guidance after blowout Q3 results on boost from AI demand

Investing.com — Nvidia reported Tuesday blowout third-quarter results and offered stronger Q4 guidance as AI-led chip demand bolstered growth in its high-margin data center business.

25.08 / 05:25

UPS Citi Manufacturing CEO NVIDIA country China's EV slowdown drags down Nvidia's 'next billion-dollar business'

BEIJING — U.S. chipmaker Nvidia this week soundly beat analysts' expectations for major revenue lines — except in automotive — as Chinese demand for electric cars moderates.

11.07 / 15:35

Citi Microsoft Software NVIDIA Intel AMD AI Chip Wars: Is AMD Ready to Challenge Nvidia's Market Dominance?

Nvidia(NASDAQ:NVDA) first-quarter earnings report completely changed Wall Street’s perception of the ongoing generative AI revolution. The chipmaker offered a monstrous guidance that topped analyst expectations by over 50%.

29.06 / 10:05

business regulation NVIDIA ChatGPT restrictions US considers tightening restrictions on AI chip exports

Officials in the United States are mulling tighter controls on an export regulation created to minimize the availability of artificial intelligence (AI) chips to China.

25.08 / 09:27

business Ethereum Mining Bitcoin Nvidia cites limited visibility into crypto mining's impact on Q2 results

Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 results, which fell short of analyst expectations on Wednesday.

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