Tag: Nvidia

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia hits $4tn milestone as stock rises by 2%

Nvidia Corporation’s market capitalisation soared past $4 trillion on Wednesday following a more than 2 per cent rise in its stock price. This development has cemented its status as the world’s most valuable company. The California-based semiconductor giant has now outpaced tech titans Microsoft and Apple—both of which previously crossed the $3 trillion mark—as investor […]

Nvidia to become world's most valuable company
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Nvidia to become world’s most valuable company

Nvidia continued its meteoric rise on Thursday, hitting a market capitalization of $3.92 trillion, putting it on track to become the most valuable public company in history and surpassing Apple’s record of $3.915 trillion set in December 2024. Shares of the California-based chipmaker rose as much as 2.4% in morning trading to $160.98, driven by […]

Two Chinese charged for shipping US AI chips to China
Tech

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 […]

Two Chinese charged for shipping US AI chips to China
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 […]

Nvidia unveils AI personal supercomputers at GTC 2025
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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 […]

Nvidia to become world's most valuable company
News

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 […]

Two Chinese charged for shipping US AI chips to China
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 […]

Two Chinese charged for shipping US AI chips to China
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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 […]

Two Chinese charged for shipping US AI chips to China
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 […]