Nvidia Archives

Nvidia CEO Jensen Huang’s wealth rises to $120bn amid AI chip boom

Nvidia CEO Jensen Huang’s personal fortune has surged to an estimated $120 billion, up from $80 billion a year ago, as demand for the company’s artificial intelligence chips continues to drive a sharp rally in its stock. Nvidia shares rose 5.6% on Tuesday to close at \$129.93, pushing the company’s market valuation past the \$3 […]

aomenyepdnlimited-com
14th May 2025
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Nvidia unveils new AI, gaming chips, desktop computer at CES 2025

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Nvidia to sell 18,000 AI chips to Saudi Arabia

Nvidia CEO Jensen Huang announced on Tuesday that the company will sell over 18,000 of its latest artificial intelligence chips to Saudi Arabia’s Humain. Huang made this disclosure during a White House-led visit to the region, which includes President Donald Trump and other top CEOs. According to the statement, Nvidia’s cutting-edge Blackwell chips will power […]

monwubukepdnlimited-com
13th May 2025
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GPUs are the ‘currency’ for AI researchers – Nvidia VP

The Vice President of Applied Research at Nvidia, Jonathan Cohen, has stated that the pace of AI research is largely determined by access to computing power. “These days, the currency in any AI researcher is how many GPUs they get access to, and that’s no less true at Nvidia than at any other company,” Cohen […]

monwubukepdnlimited-com
10th May 2025
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Tech

Nvidia to incur $5.5b charge as US halts China chip sales

Nvidia announced on Tuesday that it will incur $5.5 billion in charges following new U.S. government restrictions on exporting its H20 AI chip to China, a crucial market for the high-demand product. Nvidia’s AI chips have been a central target of U.S. export controls, as officials aim to prevent China from accessing cutting-edge technology and […]

monwubukepdnlimited-com
16th April 2025
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News

Nvidia unveils AI personal supercomputers at GTC 2025

Nvidia has announced a new lineup of AI-powered personal supercomputers at GTC 2025, showcasing the latest advancements in the company’s Grace Blackwell chip platform. During his keynote on Tuesday, Nvidia founder and CEO Jensen Huang introduced two new machines, the DGX Spark (previously known as Project Digits) and the DGX Station. These systems are designed […]

aomenyepdnlimited-com
19th March 2025
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Nvidia’s surprise boom lifts CEO, three board members to billionaires

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Nvidia CEO to defends AI dominance in developer conference

Nvidia CEO Jensen Huang is set to take the stage this week at the company’s annual software developer conference, where he will defend the nearly $3 trillion chipmaker’s dominance as mounting pressure forces its biggest customers to rein in artificial intelligence costs. The conference follows market turbulence sparked by China’s DeepSeek, which recently unveiled a […]

aomenyepdnlimited-com
18th March 2025
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News

Nvidia surpasses Apple again, becomes world’s most valuable company

Nvidia’s stock surge has propelled it to surpass Apple in market value, making it the most valuable publicly-traded company globally once again. The chipmaker’s shares rose more than 1% on Tuesday, with a 4% increase in 2025 thus far, building on impressive gains of 171% in 2024 and 239% in 2023. This growth reflects the […]

monwubukepdnlimited-com
21st January 2025
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News

Nvidia shares fall amid antimonopoly probe in China

Nvidia’s shares dropped around 2% on Monday following news that China’s antimonopoly regulator is investigating the company for potential violations of the country’s competition laws. This investigation adds to the ongoing scrutiny of foreign companies in China. The State Administration for Market Regulation of China has launched an investigation into Nvidia concerning its acquisition of […]

monwubukepdnlimited-com
9th December 2024
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Nvidia surpasses Apple to become world’s most valuable company

Nvidia surpassed Apple as the world’s most valuable company on Friday, driven by soaring demand for its AI supercomputing chips. Nvidia’s stock market value reached $3.53 trillion, slightly ahead of Apple’s $3.52 trillion, according to LSEG data. This marks Nvidia’s return to the top, having briefly held the title in June before being overtaken by […]

monwubukepdnlimited-com
25th October 2024
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Tech

Nvidia dethrones Microsoft as world’s most valuable company

Nvidia on Tuesday surpassed Microsoft to become the world’s most valuable business, as its high-end processors play a critical role in the race to dominate artificial intelligence technologies. Shares of the chipmaker rose 3.5 percent to $135.58, bringing its market capitalization to $3.335 trillion (approximately Rs. 2,78,15,901 crore), just days after it surpassed iPhone maker […]

monwubukepdnlimited-com
19th June 2024
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Tech

Chinese tech giants secure $5bn worth of Nvidia chip orders

China’s leading internet giants are swiftly securing high-performance Nvidia chips crucial for developing generative artificial intelligence systems. Orders totaling $5 billion have been placed for these chips, as reported by the Financial Times on Wednesday. Companies such as Baidu, ByteDance (owner of TikTok), Tencent, and Alibaba have collectively made orders amounting to $1 billion to […]

jonuorahpdnlimited-com
10th August 2023
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Tag: Nvidia

Nvidia CEO Jensen Huang’s wealth rises to $120bn amid AI chip boom

Nvidia to sell 18,000 AI chips to Saudi Arabia

GPUs are the ‘currency’ for AI researchers – Nvidia VP

Nvidia to incur $5.5b charge as US halts China chip sales

Nvidia unveils AI personal supercomputers at GTC 2025

Nvidia CEO to defends AI dominance in developer conference

Nvidia surpasses Apple again, becomes world’s most valuable company

Nvidia shares fall amid antimonopoly probe in China

Nvidia surpasses Apple to become world’s most valuable company

Nvidia dethrones Microsoft as world’s most valuable company

Chinese tech giants secure $5bn worth of Nvidia chip orders

Meristem projects oil, banking sector gains amid rising.

Google prepares iOS launch for YouTube Create

GTBank to close branches early nationwide on June.

Afreximbank appoints George Elombi as next president

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