‘It will require a lot of R&D investment to unlock that potential.’
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Mistral has been hailed by policymakers as key to Europe’s ambitions to compete with dominant US and Asian rivals.
Nvidia reported zero Q2 sales of the H20 chip to China. It’s the latest sign of China’s decreasing dependence on the company.
McKinsey analysts forecast that quantum computing could unlock up to $1.3 trillion in economic value by 2035.
In May, revenue at Nvidia’s automotive and robotics businesses, which are reported together, posted $567 million in sales.
The deal comes as the US government explores a deal to take as much as a 10% ownership stake in the Santa Clara, California, firm.
Chip industry veteran Lip-Bu Tan was supposed to fix the company’s problems. Now, Tan has become the company’s problem.
It’s not just AMD. Investors have generally been hard to please for most chipmakers so far this earnings season.
For Samsung, it’s a chance to finally carve out some foundry industry market share from rival chipmaker TSMC.
Nvidia says the only way for the US to stay ahead of China in the Great AI Race is to keep selling AI-powering chips to China.
CoreWeave was the hottest stock on the block after its March IPO, but investors are now concerned its explosive valuation went a little far.
When it comes to competing on the world’s semiconductor stage, US lawmakers are not content to let the chips fall where they may.
In the past month, Nvidia shares have surged 18.8%, more than the rest of the Magnificent Seven, including Microsoft.
Broadcom joined the trillion-dollar club late last year, and its market cap has only continued to climb since.
How much trade chaos can enterprises weather?
CEO Jensen Huang is said to have traveled to Beijing, where the Financial Times reported he met with DeepSeek’s founder.