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Today: May 20, 2026
Today: May 20, 2026

Nvidia

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Nvidia forecasts revenue above estimates, announces $80 billion share buyback

By Zaheer Kachwala, Stephen Nellis and Max A.

Nvidia forecasts revenue above estimates, announces $80 billion share buyback
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Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand

Artificial intelligence chipmaker Nvidia’s quarterly results blew past Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips

Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand
Business|Economy|Finance|Stock Markets|Technology

S&P 500, Nasdaq open higher as chip stocks gain ahead of Nvidia results

The S&P 500 and the Nasdaq opened higher on Wednesday, lifted by a rebound in chip stocks ahead of Nvidia's quarterly earnings, which investors view as a crucial test of AI demand

S&P 500, Nasdaq open higher as chip stocks gain ahead of Nvidia results
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Lambda wins cloud deal with Hudson River Trading to supply access to Nvidia chips

Artificial intelligence cloud computing startup Lambda on Wednesday said it has won a cloud contract with

Lambda wins cloud deal with Hudson River Trading to supply access to Nvidia chips
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Alibaba unveils new AI chip in push for domestic alternatives

Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to Nvidia

Alibaba unveils new AI chip in push for domestic alternatives
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Wall Street ends higher on tech rally; investors eye Beijing talks

U.S. stocks advanced on Thursday, lifted by a rally in tech stocks as investors absorbed generally solid economic data and watched for

Wall Street ends higher on tech rally; investors eye Beijing talks
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Foxconn reports forecast-beating 19% jump in Q1 profit on AI demand

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a 19% rise in first-quarter profit versus

Foxconn reports forecast-beating 19% jump in Q1 profit on AI demand
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US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
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Nvidia CEO hopes Trump and Xi will improve two-way ties, CCTV says

Nvidia CEO Jensen Huang told state broadcaster CCTV on Thursday that he hoped U.S.

Nvidia CEO hopes Trump and Xi will improve two-way ties, CCTV says
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Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers

By Max A.

Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers
Asia|Business|Economy|Technology|World

Samsung Elec union threatens to walk out of pay talks if no mediation proposal

Samsung Electronics' labour union in South Korea said on Tuesday it would walk out of ongoing pay negotiations if no mediation proposal was offered within two hours.

Samsung Elec union threatens to walk out of pay talks if no mediation proposal
Business|Economy|Technology

Nvidia funds construction of Corning plants, in addition to equity investment

Nvidia has paid several billion dollars to help fund new factories for glassmaker Corning in addition to taking an equity stake of up to $3.2 billion

Nvidia funds construction of Corning plants, in addition to equity investment
Asia|Business|Economy|Technology

Japan's SoftBank explores homegrown AI servers with Nvidia, Foxconn, Nikkei reports

SoftBank Corp has begun discussions with U.S. chip giant Nvidia and Taiwanese contract manufacturer Foxconn as it weighs plans to build "made-in-Japan" artificial

Japan's SoftBank explores homegrown AI servers with Nvidia, Foxconn, Nikkei reports
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Alphabet closes in on Nvidia's spot as world's biggest company

Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts

Alphabet closes in on Nvidia's spot as world's biggest company
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Prices of Nvidia's B300 server at $1 million in China on US curbs, sources say

Strong demand for AI computing equipment in China has nearly doubled prices for Nvidia's B300 servers to about 7 million yuan ($1

Prices of Nvidia's B300 server at $1 million in China on US curbs, sources say
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Cadence lifts annual revenue forecast on sustained AI chip-design boom

Cadence Design Systems raised its full-year revenue forecast on Monday, betting that sustained, heavy investment in specialized artificial intelligence processors will continue to

Cadence lifts annual revenue forecast on sustained AI chip-design boom
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Intel soars on signs AI boom for CPUs is here

Demand for Intel's central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally

Intel soars on signs AI boom for CPUs is here
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Chinese EV maker NIO bets on in-house chips to cut reliance on Nvidia

NIO is betting that in-house chip development will sharpen its technological edge and improve profitability, Chief Executive William Li said on Friday, as the Chinese

Chinese EV maker NIO bets on in-house chips to cut reliance on Nvidia
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SpaceX targets in-house GPUs as it warns investors of chip supply, costs 

By Echo Wang, Jeffrey Dastin and Max A.

SpaceX targets in-house GPUs as it warns investors of chip supply, costs 
Business|Economy|Finance|Technology|World

SK Hynix sets record as quarterly profit jumps five-fold, says AI chip demand exceeds capacity

South Korea's SK Hynix on Thursday set a record for quarterly profit with a five-fold jump in earnings and forecast AI chip demand would

SK Hynix sets record as quarterly profit jumps five-fold, says AI chip demand exceeds capacity
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TSMC shows smaller, faster chips without a pricey new tool from ASML 

By Stephen Nellis and Max A.

TSMC shows smaller, faster chips without a pricey new tool from ASML 
Business|Economy|Science|Technology|World

TSMC plans to open chip packaging plant in Arizona by 2029, executive says 

By Stephen Nellis and Max A.

TSMC plans to open chip packaging plant in Arizona by 2029, executive says 
Business|Political|Science|Technology|World

Nvidia has not yet sold its H200 AI chips to China, Lutnick says

Nvidia's powerful H200 AI chips have not yet been sold to Chinese companies, Commerce Department Secretary Howard Lutnick said on Wednesday, citing

Nvidia has not yet sold its H200 AI chips to China, Lutnick says
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In the AI era, Apple's strengths may become its constraints

Apple built its empire on control.

In the AI era, Apple's strengths may become its constraints