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Oracle CEO Safra Catz, center, speaks during a dinner at the White House in Washington on Sept. 4, 2025. President Donald Trump hosted technology and business leaders for dinner after they joined First Lady Melania Trump’s meeting of the Artificial Intelligence Education Task Force at the White House. Alex Wong | Getty Images Oracle shares…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Shares of Nebius Group soared more than 60% in extended trading on Monday after the provider of Nvidia graphics chips for training artificial intelligence models said it’s signed an agreement with Microsoft worth up to $19.4 billion over five years. Nebius, which is based in…
There is more than enough focus on Wall Street about what the Fed will do next, and Friday’s weak nonfarm payrolls report will add to expectations for a rate cut. But maybe there is not enough planning among investors about what they should do to preserve the hefty gains embedded in market portfolios since the…
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares soared 11% on Friday after the chipmaker said on its earnings call that it had secured a new $10 billion customer. Analysts quickly pointed to OpenAI. Following a better-than-expected earnings report late Thursday, Broadcom CEO Hock Tan told analysts that…
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom is scheduled to report earnings for its fiscal third quarter after the close of regular trading on Thursday. Here’s what analysts are expecting, according to a consensus from LSEG. Earnings per share: $1.65 Revenue: $15.83 billion Broadcom, which develops custom chips for Google and other huge cloud companies…
Two Nvidia customers made up 39% of Nvidia’s revenue in its July quarter, the company revealed in a financial filing on Wednesday, raising concerns about the concentration of the chipmaker’s clientele. “Customer A” made up 23% of total revenue, and “Customer B” comprised 16% of total revenue, according to the company’s second-quarter filing with the…
Jensen Huang, CEO of Nvidia, speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia stock turned positive on Thursday during premarket trading after the chipmaker reported better-than-expected earnings and revenue for the fiscal second quarter….
Nvidia CEO Jensen Huang waves to a crowd as he leaves the China International Supply Chain Expo (CISCE) in Beijing on July 17, 2025. Jade Gao | Afp | Getty Images Nvidia CEO Jensen Huang said there’s a “real possibility” the company brings its advanced Blackwell processor to China as he urges the U.S. government…
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia reports fiscal second-quarter earnings on Wednesday after the bell. Here’s how Nvidia is expected to do versus LSEG consensus estimates: Earnings per share: $1.01, adjusted Revenue: $46.06 billion That would represent 53%…
NVIDIA Jetson AGX Thor. Courtesy: NVIDIA Nvidia announced Monday that its latest robotics chip module, the Jetson AGX Thor, is now on sale for $3,499 as a developer kit. The company calls the chip a “robot brain.” The first kits ship next month, Nvidia said last week, and the chips will allow customers to create…