Tag: Nvidia

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 […]

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