NVIDIA CEO Jensen Huang announced the Vera CPU, a new product targeting a $200 billion market opportunity in AI and data center infrastructure. Vera is designed specifically for agentic AI workloads and will be deployed in various configurations, including alongside Rubin GPUs. The company has already sold $20 billion worth of Vera CPUs this year and expects millions of systems to ship. This launch signals NVIDIA's expansion beyond GPUs into CPUs, driven by growing demand for AI inference and compute workloads, with a predicted surge in CPU needs worldwide.
Samsung Electronics workers paused an 18-day strike after reaching a tentative wage agreement, easing disruption concerns at South Korea's largest company. The union will vote on the deal from May 22 to 27, following government-led negotiations that ...
Nvidia CEO Jensen Huang stated the company has largely conceded the Chinese AI chip market to Huawei due to US export restrictions. Despite reporting a strong quarter with revenue up 85% and launching an $80 billion buyback program, Nvidia faces chal...
SoftBank Group's shares jumped over 16% following Nvidia's blockbuster earnings report, which highlighted strong growth in the artificial intelligence sector. SoftBank benefits from its stake in Arm Holdings, whose chip designs support AI servers pow...
Nvidia CEO Jensen Huang introduced the Vera CPU, designed specifically for agentic AI, marking a new $200 billion total addressable market for the company. Vera targets AI agents that run tasks on CPUs, complementing Nvidia's GPU dominance in AI mode...
Nvidia reported an impressive 85% year-over-year revenue increase to $81.62 billion in Q1 FY27, surpassing market expectations. Data Center revenue hit $75.2 billion, split evenly between Hyperscalers and ACIE, showing broad demand beyond major clien...
