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NVDA Shares Spike 25% to ATH after Nvidia Reported Better than Expected Q1 Results amid Huge AI Demand

In Q1, Nvidia partnered with ServiceNow, Medtronic, Dell Technologies, and Microsoft’s Azure to build generative AI for its array of products. Nvidia Corporation (NASDAQ: NVDA) shares jumped nearly 25 percent during Wednesday’s extended trading period to trade around $380.65, a new ATH. The American multinational tech company reported its financial results

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Google Says Its New AI Supercomputer Is Faster and More Efficient than Nvidia Systems 

Google researchers have published a paper saying that its new TPU v4 supercomputer is better than the A100 used by giant chipmaker Nvidia. Google has published information about one of its supercomputers powered by artificial intelligence (AI). According to the tech giant,  the Google AI supercomputer boasts more speed and efficiency

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Chatgpt More Useful Than Crypto, Nvidia Tech Chief Says – Mining Bitcoin News

Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital coins. Developing Chatbots More Worthwhile Than Crypto

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Nvidia executive says crypto is useless, backs ChatGPT and AI

Michael Kagan, the chief technology officer of Nvidia, the chipset manufacturer, thinks cryptocurrencies are “useless” to society. On Mar. 26, Kagan, whose firm sold billions worth of gear to cryptocurrency miners where Nvidia graphic cards played a key role, said artificial intelligence (AI) solutions like ChatGPT were, instead, more useful. ChatGPT is popular with analysts saying

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Nvidia Swaps Sides from Opposing Microsoft to Offering ‘Full Support’ for Regulatory Approval of Activision Blizzard Acquisition

Microsoft is expanding its gaming unit to pacify opposers and prevent the Activision Blizzard takeover from being obstructed. After initially opposing tech giant Microsoft (NASDAQ: MSFT) over acquiring video game company Activision Blizzard (NASDAQ: ATVI), software company Nvidia (NASDAQ: NVDA) has allied with Microsoft to bring Xbox PC games to its

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Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023 – Metaverse Bitcoin News

Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement it in their industrial and retail operations. Nvidia Believes Metaverse

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Nvidia cites limited visibility into crypto mining’s impact on Q2 results

Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 results, which fell short of analyst expectations on Wednesday. The chip giant released its financial results for the three months ended Jul. 31y, which revealed a 19% quarter-on-quarter drop

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Cryptocurrency Mining Chip Producer Nvidia Reports Significant Profits After Decline

The American Chip developing company Nvidia attests to its dip in shares due to the CMP (Cryptocurrency Mining Process) sales decline. The company stated that its 52% decrease for its Q1 of “OAM and other” investments was because of the decrease in CMP sales. Nvidia stated this, as explained in

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