Nvidia | Pakistan

Nvidia backing would help OpenAI lease a 10-gigawatt data centre project in southern Ohio, WSJ reports

AMD attempts to capture market share from Nvidia in fast-growing data centre chip sector

Apple held a $4.88T valuation, narrowly ahead of Nvidia at $4.86T after the chipmaker's 3.5% drop

Apple is within striking distance of overtaking Nvidia as the world’s most valuable company, a milestone that would reshuffle the ranks of tech heavyweights as investors reassess the outlook for AI. Apple was last valued at $4.90 trillion as its shares rose marginally in premarket trading on Friday, while Nvidia was roughly at the same level, following a 2.4 per cent decline. If Apple overtakes Nvidia, it would reclaim the top spot for the first time since April last year. The close race shows that investors are broadening their focus beyond the obvious beneficiaries of the AI boom, such as Nvidia, which has been at the helm for nearly a year. “Apple was seen as a laggard in the AI race because it wasn’t spending to develop models, but now sentiment has changed,” said Toni Meadows, head of investment at BRI Wealth Management. “Apple is less exposed to capex intensity and better positioned to monetise AI via services, ecosystem lock-in, and hardware upgrades. The re-rating reflects confidence in earnings durab...

When Nvidia CEO Jensen Huang makes his second visit to South Korea in just seven months this week, it won’t be only to meet top memory chip and robotics executives, but to throw the first pitch at a baseball game and appear on a TV talk show. While a celebrity in his own right, the charm push by the Taiwan-born 63-year-old highlights South Korea’s critical position in the AI landscape. Samsung Electronics and SK Hynix between them make about 70 per cent of the memory needed for AI chips like Nvidia’s. And the country’s strength in manufacturing and robotics sets it up to be a key player in physical AI, where AI is embedded in robots, cars and factories. “Nvidia’s dependence on South Korean suppliers is rising,” Jeff Kim, an analyst at Seoul-based KB Securities, wrote in a research note. Huang “needs a manufacturing site for physical AI”, Kim said. “South Korea is emerging as a perfect testbed.” Asia’s fourth-largest economy is also a major Nvidia customer, with the Silicon Valley-based company announcing in O...

Chipmaker Nvidia’s CEO Jensen Huang said that the company will continue to sponsor H-1B visas and cover all associated costs following US President Donald Trump’s executive order last month that imposed a $100,000 fee on each new application, Business Insider reported on Tuesday. Huang’s reported message, aimed at reassuring employees, comes after panic and confusion had ensued among tech workers on H-1B visas, a large chunk of whom are from India and China. Akin to the wider chip and tech industry, Nvidia has a significant number of employees from overseas. Huang has repeatedly asserted that about half the AI researchers in the world are Chinese. “As one of many immigrants at Nvidia, I know that the opportunities we’ve found in America have profoundly shaped our lives,” Huang wrote in a message to staff, cited by Business Insider. “And the miracle of Nvidia — built by all of you, and by brilliant colleagues around the world — would not be possible without immigration,” Huang added, according to the report. N...