Nvidia posted $82 billion in quarterly revenue and $48.6 billion in free cash flow, highlighting a major internal restructuring into data centre and edge computing segments. The company aims to reduce reliance on a few large hyperscaler customers by expanding its AI cloud and enterprise customer base, with AI cloud revenue tripling year on year. Nvidia is also aggressively pushing into the CPU market, targeting $20 billion in revenue this year and aiming to become a leading CPU supplier, challenging Intel and AMD. Despite strong results, Nvidia faces risks from customer competition, supply constraints, and geopolitical uncertainties, especially regarding China. The company announced an $80 billion share buyback and increased its dividend, but its high valuation demands flawless execution to sustain growth.
NVIDIA and Noetra Corp. are partnering to build Japan's first national AI infrastructure, the NVIDIA Vera Rubin AI factory, featuring 13,750 Vera CPUs and 27,500 Rubin GPUs. Supported by Japan's Ministry of Economy, Trade and Industry, this 140-megaw...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
The SPDR NYSE Technology ETF (XNTK) has significantly outperformed the Invesco QQQ Trust (QQQ) over the past year, returning 51.65% compared to QQQ's 28.43%. XNTK uses an equal-weight approach focusing solely on about 35 tech leaders, capturing broad...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
The Direxion Daily Technology Bull 3X ETF (TECL) is rated Buy due to easing inflation and a positive outlook for the Nasdaq-100, driven by growing AI infrastructure investments and increasing influence of smaller AI-related companies beyond the major...
