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Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
Technology

Nvidia stock rises to new record, exceeding June high as AI trade is rekindled

Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Nvidia rose to a new record Thursday as investors piled back in to the artificial intelligence trade, which had stalled a bit since the summer. The stock rose […]

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TSMC third-quarter profit beats expectations as AI boom drives 54% hike
World

TSMC third-quarter profit beats expectations as AI boom drives 54% hike

An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications. The company’s […]

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Apple announces new iPad mini, available to order now and in stores on Oct. 23
Technology

Apple announces new iPad mini, available to order now and in stores on Oct. 23

Apple iPad Mini 2024 Apple Apple announced a new iPad mini on Tuesday, offering the first update to its smallest tablet since 2021. The new iPad mini comes with a faster A17 Pro processor, the same chip that was in last year’s iPhone 15 Pro. That means it supports Apple Intelligence, the company’s new suite […]

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Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
World

Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high

A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave. Stocks tied to Nvidia suppliers as well as other […]

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Nvidia heads for record close as AI chipmaker’s market cap tops .4 trillion
Technology

Nvidia heads for record close as AI chipmaker’s market cap tops $3.4 trillion

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024.  Annabelle Chih | Bloomberg | Getty Images Nvidia shares headed for a record close on Monday as Wall Street gears up for earnings season and updates from all of the chipmaker’s top customers […]

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Stripe, Wise founders want a ‘tech renaissance’ in Europe to help region rival Silicon Valley
Technology

Stripe, Wise founders want a ‘tech renaissance’ in Europe to help region rival Silicon Valley

Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images Founders of some of Europe’s largest technology unicorns on Monday backed an open letter calling for a “tech renaissance” fueled by the creation of a single pan-European entity to promote startups and innovation in […]

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Microsoft will let people buy games through Xbox app on Android in November after Google antitrust ruling
Technology

Microsoft will let people buy games through Xbox app on Android in November after Google antitrust ruling

Phil Spencer, CEO of Microsoft Gaming, speaks at the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images Microsoft will allow people to buy and play video games through its Xbox app for Android starting in November, the company said on Thursday. The move is an immediate […]

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AMD launches AI chip to rival Nvidia’s Blackwell
World

AMD launches AI chip to rival Nvidia’s Blackwell

AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD’s AI chips are seen by […]

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Zuckerberg’s metaverse is finally showing signs of life, but it’s not from VR
Technology

Zuckerberg’s metaverse is finally showing signs of life, but it’s not from VR

Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, U.S. September 25, 2024.  Manuel Orbegozo | Reuters When Facebook changed its name to Meta in October 2021, CEO Mark Zuckerberg used the occasion to show the […]

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Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings
Technology

Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings

Nvidia CEO Jensen Huang presents “Blackwell” at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia shares have surged 25% in the last month and are closing in on a record ahead of tech earnings season in the coming weeks, when top customers like Meta, […]

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