New restrictions on exports of cutting-edge chips from Nvidia Corp to China have signaled an escalation of the U.S. crackdown on Beijing’s technological prowess and alarmed investors already worried about an industry downturn. Shares of Nvidia fell 11 percent to $133.46 on Thursday, wiping out more than $40 billion in market value and dragging the […]
Nvidia
After the COVID-19 crisis took the world by surprise, global industries suffered the wrath of the pandemic on the economy. One industry, in particular, witnessed the most damaging crisis in its history. Manufacturers of graphic processing units (GPU) were exceptionally vulnerable to the economic outcomes of the pandemic, which was also catastrophically affected by the […]
Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse – an enhanced virtual reality for companies to reduce the costs of running their factories, buildings and speed up new product design. The deal is a cornerstone of Siemens Xcelerator, a new open digital platform also launched by the […]
The word “metaverse” is the most popular in the worldwide tech market today. Big tech companies worldwide are racing for a piece of the virtual pie that analysts expect will be worth trillions. Companies Developing the Metaverse are concentrating on creating new technologies and features that will allow users to communicate with one another more […]
Nvidia Corporation has agreed to pay $5.5 million to settle civil charges that the technology firm did not properly disclose the impact of cryptomining on its gaming business, the U.S. Securities and Exchange Commission (SEC) said on Friday. Nvidia failed to disclose that cryptomining was a “significant element” of its revenue growth during back-to-back quarters […]
SoftBank Group Corp shelved the sale of Arm Ltd to U.S. chipmaker Nvidia Corp due to regulatory hurdles, the companies said, and Arm named a new CEO who it said would help the British firm seek a public listing before March 2023. The cash-and-stock deal was announced in 2020 and would have been worth as […]
TuSimple Holdings Inc on Tuesday said it has partnered with Nvidia Corp to use the company’s vehicle chips to design and build an advanced autonomous driving computer for its self-driving trucks. The computer, known as a domain controller in the automotive industry, will be specifically engineered for TuSimple’s commercial self-driving trucks, and will power sensor […]
Silicon Valley’s chip production is lurching to enlarge its investments in Chinese semiconductor firms, as Washington’s rising tension of upholding its status in global innovation could be overthrown by Beijing’s bid for chip-sector sovereignty. One of the companies joining the semiconductor progression is Intel Corp. The chip manufacturer is backing Chinese company Primarius Technologies Co., […]
U.S.-based chipmaker Nvidia, announced Wednesday plans to launch its latest technology to enlarge its grip in the automotive field, by incorporating a system that would fasten the training of these vehicles. Nvidia’s “Omniverse” simulation technology revolves around delivering the needed assistance for automotive vehicles by integrating both Artificial Intelligence (AI) and the company’s software. This […]