Nvidia to join Dow Jones Industrial Average, replacing Intel

Nvidia to join Dow Jones Industrial Average, replacing Intel

CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with EIFO and NVIDIA at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia is replacing rival chipmaker Intel in the Dow … Read more

AI boom thrusts Europe between power-hungry data centers, environmental goals

AI boom thrusts Europe between power-hungry data centers, environmental goals

A large hallway with supercomputers inside a server room data center. Luza Studios | E+ | Getty Images The boom in artificial intelligence is ushering in an environmentally conscious shift in how data centers operate, as European developers face pressure to lower the water temperatures of their energy-hungry facilities to accommodate the higher-powered chips of … Read more

UAE can guarantee the ‘safety and the security’ of chips, G42 CEO says

UAE can guarantee the ‘safety and the security’ of chips, G42 CEO says

The CEO of the United Arab Emirates’ premier AI firm stressed that the Gulf country is a reliable partner to the U.S. when it comes to keeping sensitive technology safe, as Washington reportedly mulls curbs on chip sales to certain countries — particularly those in the Middle East. The UAE has shown it can “guarantee … Read more

Intel seeks billions for minority stake in Altera business, sources say

Intel seeks billions for minority stake in Altera business, sources say

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel is looking to sell at least a minority stake in its … Read more

Chip firm ASML shares plunge 15% after warning of weaker China sales in early release

Chip firm ASML shares plunge 15% after warning of weaker China sales in early release

An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images Shares in semiconductor equipment maker ASML fell 15.6% Tuesday after the Dutch company published disappointing sales forecasts in results which surprised markets. The move pulled other chip stocks lower, with Nvidia, Advanced … Read more

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

AMD launched a new artificial intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, Advanced Micro Devices said Thursday during an event announcing the new product. If AMD’s AI chips … Read more

Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia

Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images AI chipmaker Cerebras is trying to be the first major venture-backed tech company to go public in the U.S. since April and to capitalize on investors’ insatiable … Read more

Cerebras files for IPO

Cerebras files for IPO

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering, with plans to trade under the ticker symbol “CBRS” on the … Read more

Intel wild week leaves Wall Street uncertain about chipmaker’s future

Intel wild week leaves Wall Street uncertain about chipmaker’s future

Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024.  Brendan Smialowski | AFP | Getty Images It was quite a week for Intel. The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years … Read more

Nvidia is world’s ‘most important stock,’ adds pressure to Q2 earnings

Nvidia is world’s ‘most important stock,’ adds pressure to Q2 earnings

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters For Nvidia investors, the past two years have been a joyride. But recently they’ve been on more of a roller coaster. As the primary beneficiary of the artificial intelligence boom, Nvidia has … Read more