Chinese AI startup DeepSeek is creating its own semiconductor chip focused on AI inference workloads to reduce dependence on suppliers like Nvidia and Huawei. The chip aims to optimize running pre-trained AI models, offering cost and power efficiency advantages over traditional GPUs. This development aligns with China's push for domestic tech amid foreign semiconductor restrictions. DeepSeek has been working on the chip for about a year, engaging with design firms and hiring engineers to advance the project.
Nvidia's stock rose over 5% last week following record Q2 earnings and an upward revision of its long-term revenue forecast, driven by strong demand for its Blackwell AI architecture. Finbold's AI Agent predicts the stock could rally further, reachin...
Nvidia reported a strong Q2 FY2027 with revenue up about 106% year-over-year and forecasted around 70% growth for FY2028. Despite this impressive demand, the stock showed little movement, reflecting cautious investor sentiment due to expected gross m...
AMD and NVIDIA both reported strong AI-driven revenue growth, with AMD's Data Center revenue doubling and NVIDIA's more than doubling on a much larger base. NVIDIA focuses on a closed, full-stack AI platform approach, while AMD promotes an open, memo...
Advanced Micro Devices (AMD) reported record Q2 revenue of $11.54 billion, a 50% increase year-over-year, driven by strong demand in data centers. Management raised the total addressable market (TAM) for CPUs to $220 billion by 2030, expecting a 50% ...
Nvidia is transitioning from just an AI accelerator to a full-stack AI computing platform by leveraging its CUDA ecosystem and strategic acquisitions like Hugging Face. A Buy rating is initiated on Nvidia due to its strong growth prospects, competiti...
