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Nvidia rebounds after TSMC says AI chip demand remains strong
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. […]
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Too young for an iPhone? Apple says its watch is ‘a great call for kids’ in new promotion
A shopper holds an Apple Watch Series 8 on sale at the company’s Fifth Avenue store in New York, Sept. 16, 2022. Jeenah Moon | Bloomberg | Getty Images Apple is trying a new tactic to get its products in the hands of younger users. The iPhone maker on Wednesday launched a new marketing website […]
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UiPath to lay off 10% of workforce in companywide restructuring
Daniel Dines, Co-founder & CEO at UiPath addresses the audience during the third day of the Web Summit 2021 at Parque das Nacoes in Lisbon. Bruno de Carvalho | SOPA Images | Lightrocket | Getty Images UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of […]
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Beryl strengthens into a hurricane in the Atlantic, forecast to come to be a major storm
Beryl strengthened into a hurricane on Saturday as it churned towards the southeast Caribbean, with forecasters warning it was expected to grow to be a hazardous and big storm before achieving Barbados late Sunday or early Monday. A significant hurricane is viewed as a Category 3 or bigger, with winds of at least 111 mph […]
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Tropical Storm Beryl expected to turn out to be major hurricane by Monday
Tropical Storm Beryl is predicted to strengthen and become a “harmful big hurricane” by Monday, bringing significant winds and solid rain to the Caribbean, the National Hurricane Center explained on Saturday. The storm, which shaped on Friday, is forecast to strike the Windward Islands late Sunday. The NHC stated the storm’s impact could be “harmful,” […]
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Micron shares slide following revenue forecast fails to best estimates
Sanjay Mehrotra, CEO of Micron Technology Inc., speaks throughout an interview with CNBC on the flooring at the New York Stock Trade (NYSE) in New York Metropolis, U.S., April 26, 2024. Brendan Mcdermid | Reuters Micron shares fell just about 8% in prolonged buying and selling on Wednesday as buyers appeared earlier much better-than-envisioned benefits […]
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Nvidia CEO Jensen Huang addresses rising competitiveness at very first shareholder meeting since inventory surge
Nvidia’s CEO Jensen Huang provides his keystone speech forward of Computex 2024 in Taipei on June 2, 2024. Sam Yeh | AFP | Getty Photos Nvidia CEO Jensen Huang reported on Wednesday that the company’s advantage in artificial intelligence chips was thanks to a guess it manufactured about 10 several years ago, centering on billions […]
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College dropouts raise $120 million to take on Nvidia’s AI chips
Etched co-founders Robert Watchen, Gavin Uberti, and Chris Zhu Etched Nvidia has been the hottest story on Wall Street of late, increasing eightfold in value since the end of 2022 and soaring past $3 trillion in market cap this month. A 2-year-old startup founded by Harvard dropouts has just raised $120 million in venture funding […]
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Nvidia slides 13% in three days after briefly becoming most valuable company
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Since briefly becoming the world’s most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak. Monday’s slide was the chipmaker’s second-steepest […]
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