Tag : NVIDIA

Technology

Nvidia expands South Korea AI and data centre deals

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Nvidia has signed artificial intelligence and data centre agreements with major South Korean companies, widening its role in the country’s AI infrastructure buildout. The agreements involve SK Hynix, SK Telecom, NAVER and Doosan Group. The companies...
Technology

Samsung targets first quarter HBM4 deliveries for AI boom

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SEOUL: Samsung Electronics said it is on track to begin delivering its next-generation HBM4 high-bandwidth memory products in the first quarter of 2026. The company said the HBM4 lineup will include products with 11.7 gigabits-per-second performance, as...
Alphabet market value surges beyond $4 trillion mark
Business

Alphabet becomes fourth company to cross $4 trillion valuation

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MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among a small group of companies to reach that valuation threshold....
Nvidia reveals AI software and chips for driverless cars
Technology

Nvidia showcases reasoning based AI for self driving systems

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MENA Newswire, LAS VEGAS: Nvidia on Monday outlined a series of developments in artificial intelligence and autonomous vehicle technology during the opening days of the Consumer Electronics Show in Las Vegas, detailing new software models, simulation tools and...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Business

Nvidia shares rise as Alphabet boosts AI investments for 2025

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Nvidia's stock surged over 4% on Wednesday, rebounding from last week's sell-off as concerns over China's DeepSeek AI model failed to dampen Big Tech's spending on artificial intelligence infrastructure. The stock's rise follows Alphabet's announcement...
Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs
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Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs

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U.S. stocks declined on Monday following President Donald Trump's announcement of new tariffs on China, Mexico, and Canada. However, major indices pared early losses mid-morning after Trump stated that tariffs against Mexico would be delayed...
Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Business

Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears

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Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that raised concerns about the competitive landscape in artificial intelligence. The...
Magnificent Seven tech giants dominate market in historic rise
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Magnificent Seven tech giants dominate market in historic rise

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As President-elect Donald Trump prepares to begin his second term, the U.S. stock market is entering a unique and unprecedented phase, defined by historic gains and high levels of concentration. The S&P 500 achieved its...
Microsoft spurs quantum stock rally with 2025 'quantum-ready' initiative
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Microsoft spurs quantum stock rally with 2025 ‘quantum-ready’ initiative

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Quantum computing stocks surged on Wednesday after Microsoft unveiled its directive urging businesses to become "quantum-ready" by 2025. The announcement, paired with broader investor optimism fueled by easing inflation data, led to significant gains for...
Crypto liquidations top $483 million as markets react to Fed outlook
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Crypto liquidations top $483 million as markets react to Fed outlook

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Global cryptocurrency markets and technology stocks experienced sharp declines on January 7, 2025, as stronger-than-expected economic data dampened investor expectations for near-term interest rate cuts by the U.S. Federal Reserve. According to data from Arab...