NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research. Read More
Nvidia CEO Jensen Huang dismissed claims that cloud providers' custom AI chips could overtake Nvidia's GPUs, arguing that the company's massive R&D spending, rising chip complexity and full-stack AI infrastructure create a moat competitors are unlikely to match.
Sanmina's fourth quarter was marked by strong top-line growth, with revenue ahead of Wall Street's expectations and significant momentum in communications networks and cloud infrastructure. Despite these positives, the market reacted negatively as investors weighed the company's softer operating margin and the challenges of integrating the recently acquired ZT Systems. CEO Jure Sola attributed revenue strength to robust demand for high-performance network systems and initial shipments of next-generation AI infrastructure products, while acknowledging that certain segments like automotive and transportation remained stable but had yet to return to growth.
Sen. Elizabeth Warren accused the Trump administration of "crypto corruption" after a report said a top UAE royal invested $500 million in a Trump-linked crypto firm shortly before the U.S. approved sales of advanced Nvidia AI chips to the UAE, prompting her to demand congressional testimony over potential conflicts of interest and national security risks.
