Chinese Chipmakers Report Record Revenue on AI Demand Surge
Chinese chipmakers post record revenue as AI demand and export restrictions drive domestic adoption.
ai chips
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Marvell Shares Rise After Nvidia’s $2 Billion Investment
Marvell shares rise after Nvidia’s $2 billion investment boosts its position in AI infrastructure.
Nvidia Targets $1 Trillion in AI Chip Revenue by 2027
By
Emma Clarke
Nvidia expects cumulative revenue from AI chips to reach $1 trillion by the end of 2027, according to CEO Jensen Huang. The forecast doubles the company’s previous projection for the fast-growing AI market.
Nvidia Posts Record $68.1 Billion Q4 Revenue as AI Demand Drives 94% Profit Surge
Nvidia reported record fourth-quarter revenue of $68.1 billion, up 73% year over year, as artificial intelligence demand continued to fuel explosive growth. Net income surged 94% to $43 billion, well above analyst expectations.
Nvidia Reports Strong AI-Driven Growth in Earnings
Nvidia posts strong earnings driven by AI chip demand, reinforcing its leadership in high-performance computing infrastructure.
China Approves Import of Nvidia H200 AI Chips
China authorizes the import of hundreds of thousands of Nvidia H200 AI chips for major domestic buyers.
Microsoft Unveils New AI Chip to Reduce Reliance on Nvidia
Microsoft unveils a new AI chip designed to reduce reliance on Nvidia as demand for AI computing continues to grow.
Nvidia CEO Jensen Huang Says Early Share Sale Became His Costliest Purchase
Nvidia CEO Jensen Huang says selling shares early to buy a car became his most expensive financial decision.
Intel Shares Drop 14% on Supply Constraints and Weak Outlook
Intel shares slide 14% after supply constraints and cautious guidance raise concerns about near-term growth.
Nvidia Agrees to Buy AI Chipmaker Groq for $20 Billion in Record Deal
Nvidia has agreed to acquire AI chip startup Groq for about $20 billion, marking the largest acquisition in its history as it accelerates its push to dominate next-generation AI hardware.
Nvidia Plans First Shipments of H200 AI Chips to China by Mid-February
Nvidia aims to start shipping H200 AI chips to China by mid-February amid strong demand.
Nvidia Weighs Boosting H200 AI Chip Output as China Demand Outpaces Supply
Nvidia is exploring higher H200 chip output as Chinese demand exceeds current production capacity.
U.S. to Approve Nvidia H200 Chip Exports to China Despite 18-Month Tech Lag
The U.S. is set to allow exports of Nvidia’s H200 chips to China, even though the model is about 18 months behind the company’s most advanced AI semiconductors.
Micron Exits Consumer Memory Business to Focus Entirely on AI Data Centers
Micron exits the consumer memory market to focus solely on AI data-center products, tightening an already constrained retail supply.
Microsoft Denies Lowering AI Sales Targets After Report of Missed Foundry Goals
Microsoft pushed back against a report claiming it reduced growth targets for its AI products, even as multiple sales teams reportedly missed aggressive goals for Azure’s Foundry platform.