Artificial intelligence semiconductor powerhouse Nvidia kicked off its annual developer conference on Monday, with investors focused on new chip announcements from Chief Executive Jensen Huang in an afternoon keynote address.
Artificial intelligence semiconductor powerhouse Nvidia kicked off its annual developer conference on Monday, with investors focused on new chip announcements from Chief Executive Jensen Huang in an afternoon keynote address.
As much as Apple CEO Tim Cook stated that layoffs in the company would be seen as a last resort, the cancelation of the self-driving car venture dubbed ‘Project Titan’ and microLED development for the upcoming Apple Watch Ultra variant meant that a lot of employees would either be laid off or relocated. According to the latest report, more than 700 individuals could lose their livelihood, with the information coming to light after Apple filed WARN notices in the state of California.
Nvidia has found itself on the receiving end of a class action lawsuit alleging copyright infringement by its artificial intelligence platform NeMo. The litigation poses an obstacle to Nvidia fully realizing its AI ambitions that have propelled its stock to unprecedented heights.
Nvidia Corp.'s rise is captivating the stock market and driving the S&P 500 Index to new highs. But it also raises cautionary reminders of another investor darling that soared on dreams of a technological transformation, only to tumble back to earth when those hopes turned to disappointment.
Nvidia is reporting a staggering 769% annual profit gain, which has led to its shares rising by more than 16% in the last day. The company's rapid growth has been nothing short of extraordinary. For context, Nvidia started 2023 valued at $350 billion. Now, it's worth just south of $2 trillion. Nvidia recently passed Amazon, and now trails only Microsoft and Apple as the third most valuable publicly traded company. Not to mention, Nvidia's success has caused the company's CEO Jensen Huang to skyrocket up the list of the world's richest people.
Intel could be banned from selling three generations' worth of its CPUs in Germany following a court ruling that the company has labeled as disappointing. While the verdict is still not final, this turn of events threatens to put a dent in Intel's prospects in the largest European economy.
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Nvidia Corp., the world's most valuable chipmaker, is updating its H100 artificial intelligence processor, adding more capabilities to a product that has fueled its dominance in the AI computing market.
Synopsys announced its plans for expanding its processor intellectual property portfolio with the new RISC-V ARC-V family.
Qualcomm is said to trim its workforce by 2.5 percent, with the layoffs reportedly happening in its Santa Clara and San Diego offices. After previously laying off 415 employees, the chipset manufacturer is being forced to reduce its personnel headcount once more. Industry experts have commented that the comeback mounted by Huawei, along with the failed suppression efforts from the U.S. on China, has affected firms such as Qualcomm, and 2024 is not expected to make things any brighter.
More than a thousand Qualcomm employees are set to lose their jobs in California on or around Dec. 13 this year.
SiFive, a RISC-V processor design firm, unveiled two new chip designs aimed at bringing a high-performance computing solution to various industries.
Intel Corp. is betting on an unexpected material to help the world's computers handle ever-growing artificial intelligence workloads: glass. As processors become larger and more complex, their ability to communicate with the rest of the computer is going to become a chokepoint, according to Intel researchers. Glass-based substrates, which sit between the chip and connecting components, are the answer to this challenge, the company says.
Nvidia's supremacy in building computer chips for artificial intelligence has chilled venture funding for would-be rivals, investors said, with the number of U.S. deals this quarter falling 80% from a year ago.
An undergraduate engineering degree costs a lot of money: about $44,072 for a state school, $144,524 for a private one. To recoup that cash, you’re going to want to attend one of the schools whose graduates earn the most.
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