AI and server boom sends Samsung's memory back to profit
Samsung Electronics' Device Solutions unit reported a 68% year-on-year increase in sales for Q1 2024, attributing it to strong memory sales due to AI and server boom. [ more ]
US chipmaker Nvidia scales $2tn amid artificial intelligence boom
Nvidia's stock market valuation reached $2tn fueled by AI boom. Nvidia surpassed Amazon and Alphabet to become the third largest U.S. company. Earnings report showing a 265% sales increase boosted share value. [ more ]
Nvidia Stock Rally Made the Company More Valuable Than Apple This Week, But Government Antitrust Probe Looming
Nvidia briefly surpassed Apple in market value, indicating the AI boom's impact on tech companies and bringing potential antitrust scrutiny to Nvidia, Microsoft, and OpenAI. [ more ]
US chipmaker Nvidia scales $2tn amid artificial intelligence boom
Nvidia's stock market valuation reached $2tn fueled by AI boom. Nvidia surpassed Amazon and Alphabet to become the third largest U.S. company. Earnings report showing a 265% sales increase boosted share value. [ more ]
Nvidia Stock Rally Made the Company More Valuable Than Apple This Week, But Government Antitrust Probe Looming
Nvidia briefly surpassed Apple in market value, indicating the AI boom's impact on tech companies and bringing potential antitrust scrutiny to Nvidia, Microsoft, and OpenAI. [ more ]