1:02:39 AM April 18, 2025
Random News

News Express

News at your Finger Tips

Tag: Nvidia

Federal Reserve chair’s warnings send US stocks tumbling; Asian markets move higher – Times of India

admin04 mins

US Wall Street experienced a significant sell-off on Wednesday, accompanied by a declining dollar, following pessimistic remarks from Federal Reserve Chair Jerome Powell and concerns over semiconductor company Nvidia. The market atmosphere shifted from its previous stability, prompting investors to seek refuge in gold, which surpassed $3,300 per ounce.Despite positive retail sales figures, US equities…

Read More

Nvidia to manufacture AI supercomputer chips entirely in US for first time, citing demand and national security – Times of India

admin04 mins

Nvidia on Monday unveiled plans to manufacture its most advanced artificial intelligence supercomputer chips entirely within the United States for the first time, marking a new milestone for the tech giant amid intensifying global trade tensions.According to AFP, the California-based chipmaker will begin producing its top-tier GPUs, known as Blackwell, at TSMC facilities in Arizona….

Read More

Nvidia CEO Jensen Huang’s ‘I feel like you’re interviewing Elon Musk’ answer to biographer when asked about… – The Times of India

admin04 mins

Nvidia CEO Jensen Huang has drawn a clear line between his approach to artificial intelligence (AI) and that of Tesla’s Elon Musk, according to a new biography titled “The Thinking Machine: Jensen Huang, Nvidia, and the World’s Most Coveted Microchip” by Stephen Witt. The book, released in the US on April 8, details how Huang…

Read More

Nvidia CEO Jensen Huang on the crash that cost the company $600 billion: Market ‘misunderstood’ China’s DeepSeek AI and … – The Times of India

admin03 mins

Nvidia CEO Jensen Huang has pushed back against investor concerns that triggered a $600 billion market value drop, asserting that the market misinterpreted the significance of DeepSeek’s new AI model.“I think the market responded to R1 as an ‘Oh my gosh, AI is finished,’” Huang said in a pretaped interview for Nvidia partner DDN. The…

Read More

DeepSeek’s $5 million number is to hurt US companies and there are lot of American idiots who hype it, says Palmer Luckey who sold his company for billions to Facebook – The Times of India

admin03 mins

Palmer Luckey, the American entrepreneur who sold his AR/VR hardware company Oculus to Facebook and founded defence technology comany Anduril, is skeptical of the recent hype surrounding Chinese AI startup DeepSeek and its claims about the cost of training its AI models. In a Fox Business interview, Luckey criticized the US media for what he…

Read More

The $1 trillion shock: How China’s DeepSeek shook the foundations of US tech – The Times of India

admin014 mins

Despite DeepSeek’s claims, doubts remain about its access to advanced chips. For over two years, artificial intelligence (AI) has driven one of the most dramatic stock market rallies in history. Nvidia, the chipmaking giant and cornerstone of the AI revolution, became synonymous with the soaring optimism surrounding AI’s potential to reshape industries. Yet, on Monday,…

Read More

China’s DeepSeek fuels US stock market chaos: Tech stocks slump, NVIDIA plunges 17% – what we know so far – The Times of India

admin05 mins

Wall Street faced a major shock on Monday as Chinese AI startup DeepSeek emerged as a formidable competitor, triggering a sell-off in US tech stocks. NVIDIA, one of the biggest beneficiaries of the AI boom, saw its stock plunge by 17.95%, to $117.02 at 3pm EST. This development came after DeepSeek, a Chinese startup founded…

Read More

How Nvidia CEO Jensen Huang’s one sentence wiped out $8 billion in market cap of quantum computing companies – Times of India

admin03 mins

Nvidia CEO Jensen Huang’s single comment about the future of quantum computing triggered a massive selloff on Wednesday (January 8), wiping out approximately $8 billion in market value from quantum computing companies.Major quantum computing players bore the brunt of the selloff. IonQ shares plummeted more than 40%, while Rigetti Computing crashed by over 45%. D-Wave…

Read More

Nvidia CEO Jensen Huang: My hopes and dreams are … – Times of India

admin05 mins

Nvidia CEO Jensen Huang recently received honorary degree in engineering from the Hong Kong University of Science and Technology. Post the felicitation, Huang participated in a fireside chat with the university’s Council Chairman Harry Sham. The audience comprised students and academics. He talked about a range of topics around AI, Supercomputers, potential restrictions under Donald…

Read More