NVIDIA
CATL Aims to Raise $1.5 Billion for Global Supply Chain Development
July 13, 2024 – According to a report by the Financial Times today, CATL, the world’s largest electric vehicle battery manufacturer, is currently in negotiations with overseas sovereign wealth funds and the private offices of ultra-high-net-worth individuals to raise a $1.5 billion fund for establishing its global supply chain. The report, citing informed sources, stated…
Micron Faces HBM3E Memory Packaging Defect, Disrupting Supplies to NVIDIA’s H200
July 13, 2024 – According to a report by ZDNet Korea, Micron’s HBM3E memory encountered a packaging defect last month, causing heating issues and disrupting the mass production process. Micron announced the mass production of its HBM3E memory based on the 1β process on February 26, 2024, and began supplying NVIDIA with the memory in…
NVIDIA’s Tailored H20 Chip for China Anticipated to Reach Nearly $900 Million in Annual Sales, Despite Performance Cut
July 05, 2024 – Despite a significant reduction in performance, NVIDIA’s specially supplied H20 chip for the Chinese market is estimated to generate sales exceeding $12 billion this year. According to predictions from the chip industry consulting company, SemiAnalysis, NVIDIA is expected to deliver over one million H20 chips in the current fiscal year, with…
NVIDIA Loses ‘Global Number One’ Status as Market Cap Falls Below $3 Trillion
June 25, 2024 – In a stunning reversal of fortunes, NVIDIA, which had recently been crowned the world’s most valuable company with a market capitalization of 3.34trilliononJune18th,hasseenitsvalueplummetbyalmost400 billion in less than a week. As of this writing, NVIDIA’s shares have fallen by approximately 5% (after dipping to 6.44% earlier in the day before recovering slightly),…
NVIDIA’s GB200 AI Chips in High Demand, Boosting Orders for Packaging and Testing Factories
June 24, 2024 – According to a report by the Economic Daily News, a Taiwanese media outlet, NVIDIA’s new GB200 series AI chips are in high demand, with supplies struggling to meet the current market needs. Following an increase in the production volume of advanced processes at TSMC, NVIDIA has placed additional orders with backend…
NVIDIA’s Huang Suggests CPU’s Obsolescence, Hinting at Potential Intel, AMD, Qualcomm Acquisitions
June 03, 2024 – In a recent public address, Jensen Huang, a renowned industry figure, sparked a debate by suggesting that the CPU era is gradually coming to an end, citing its diminishing performance scalability and the pressing need for accelerated processing of intensive applications. Huang’s speech highlighted the significant slowdown in the performance scaling…
NVIDIA’s Market Cap Hits 2.81Trillion,Just100 Billion Behind Apple
May 29, 2024 – NVIDIA, a leading company in the artificial intelligence industry, has once again delivered an impressive financial report, causing its share price to soar past the $1000 mark. The stock closed at 1140.59pershareyesterday,withagainof7.132.81 trillion. This puts the company just about 100billionshyofApple’s2.91 trillion market cap. It’s worth noting that along with the release…
NVIDIA CEO Jen-Hsun Huang Arrives in Taiwan for COMPUTEX, Greeted as ‘The Godfather of AI’
May 27, 2024 – According to media reports, NVIDIA CEO Jen-Hsun Huang and his wife Lori Huang arrived early in Taiwan on May 26th, in preparation for the upcoming COMPUTEX 2024, which will be held from June 4th to 7th. Huang’s arrival caused a sensation at Taipei Songshan Airport, with many onlookers shouting “The Godfather…
NVIDIA CEO Predicts Surge in Chip Demand Fueled by Video-Generating AI Models
May 24, 2024 – According to a recent statement by NVIDIA CEO Jensen Huang, the demand for NVIDIA’s AI chips is expected to surge further with the emergence of new AI models that support video generation. This comes after AI chatbots, represented by ChatGPT, had already sparked a shortage of NVIDIA’s AI chips. Huang anticipates…
Amazon AWS Clarifies: No Halt in Nvidia Chip Orders
May 22, 2024 – Amazon Web Services (AWS), the cloud computing arm of Amazon, has clarified its position on the reported pause in ordering Nvidia’s Grace Hopper chips. In response to a query from Reuters, an AWS spokesperson stated that the company has not halted any orders from Nvidia. The transition from Grace Hopper chips…