Business

Cutix Plc reports ₦47.90m loss after 2025/2026 revenue

  • 31st May 2026

Honeywell Flour Mills reports ₦21.9bn profit before tax

  • 31st May 2026

First HoldCo assures shareholders of dividend payments resumption

  • 31st May 2026

NNPC revenue surges 79% to N4.97tn in April

  • 31st May 2026

Contact Info

Some Populer Post

Cutix Plc reports ₦47.90m loss after 2025/2026 revenue decline

Business

Power outages cost Nigerian firms 3% annual sales —

Electricity

Cristiano Ronaldo named world’s highest paid athlete for sixth

featured Sport

Honeywell Flour Mills reports ₦21.9bn profit before tax

Business

Tag: Nvidia

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia to invest $100b in OpenAI for AI data centres

Nvidia announced on Monday that it will invest $100 billion in OpenAI, supporting the lab’s plan to develop massive data centers powered by Nvidia’s AI processors. According to both companies, OpenAI intends to build and deploy Nvidia-based systems with a power demand of 10 gigawatts—a scale that underscores the enormous energy needs of the world’s […]

Two Chinese charged for shipping US AI chips to China
Tech

US chipmaker Nvidia may have violated anti-monopoly laws – China

China’s market regulator has found that United States chipmaker Nvidia may have breached the country’s anti-monopoly laws, according to a preliminary probe, and said the investigation will continue. Following the announcement, Nvidia’s shares dropped about 2% in premarket trading. The probe, initiated late last year by China’s State Administration for Market Regulation, focuses on Nvidia’s […]

Nvidia to become world's most valuable company
Tech

Nvidia working with US officials on China AI chip exports

Nvidia Corp. is negotiating with the United States government over whether it can ship a new artificial intelligence chip to China, Chief Executive Officer Jensen Huang confirmed on Friday. The discussions come amid reports earlier this week that the semiconductor giant is developing a new product, codenamed B30A, which would be more powerful than the […]

Nvidia to become world's most valuable company
Tech

US grants Nvidia licenses to export H20 chips to China

The United States Commerce Department has begun granting Nvidia licenses to export its H20 chips to China, a US official said on Friday, clearing a major obstacle to the AI giant’s access to a key market. Last month, Washington reversed an April ban on selling the H20 chip to China. Nvidia had designed the processor […]

Nvidia to become world's most valuable company
Tech

Nvidia eyes revenue boost with advanced chip sales to China

Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales in the world’s second-largest economy. Nvidia plans to ship more advanced chips to China than its current offerings, CEO Jensen Huang said on Wednesday, as the company seeks to […]

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
News

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 […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in