Tag: Colette Kress

Nvidia’s Sales Surge, With No End in Sight for AI Boom
Technology

Nvidia’s Sales Surge, With No End in Sight for AI Boom

Updated Nov. 21, 2023 6:27 pm ETNvidia reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the artificial-intelligence boom.Huge investments in AI by tech giants from Microsoft to Amazon.com and by other large corporations have helped propel Nvidia’s sales to unprecedented levels in recent quarters.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
World

Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs

Oct. 30, 2023 11:00 pm ETSINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources.The Santa Clara, Calif.-based company had already finished delivering orders of its advanced AI chips to China for this year, according to people familiar with the matter, and was pushing to deliver some 2024 orders in advance before the new rules were scheduled to come into effect in mid-November.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs
Technology

Nvidia’s $5 Billion of China Orders in Limbo After Latest U.S. Curbs

Oct. 30, 2023 11:00 pm ETSINGAPORE—New U.S. export controls may compel artificial-intelligence giant Nvidia to cancel billions of dollars in next-year orders for its advanced chips to China, a move that could deprive Chinese tech companies of crucial AI resources.The Santa Clara, Calif.-based company had already finished delivering orders of its advanced AI chips to China for this year, according to people familiar with the matter, and was pushing to deliver some 2024 orders in advance before the new rules were scheduled to come into effect in mid-November.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8