Tag: Nvidia
Nvidia Buys Hugging Face for $12.93 Billion
Nvidia is acquiring Hugging Face for $12.93 billion, expanding beyond AI chips into open-source models, developer tools and cloud infrastructure.
Nvidia CEO Jensen Huang to Attend APEC CEO Summit in South Korea: Focus on AI and Global Tech Partnerships
Jensen Huang, CEO of Nvidia, will attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea this October. He is expected to meet global leaders and top Korean executives to strengthen partnerships in AI and semiconductor innovation, underscoring Nvidia’s growing influence in the global tech landscape.
Nvidia Posts Solid Growth Despite China Outlook: Q2 Review
Key Highlights Introduction NVIDIA delivered a blockbuster Q2, powered by unrelenting AI demand that set new records across revenue and profitability. The backdrop, however, is complicated: export controls and policy uncertainty around China are shaping guidance and investor reaction—even as Blackwell shipments ramp and hyperscaler spending remains intense. Nvidia’s Q2 Financial Highlights and Performance Overview
NVIDIA to Contribute 15% of China Sales to U.S. Government
In a landmark move amid easing US-China trade tensions, semiconductor giants Nvidia and AMD have reportedly agreed to pay 15% of their China-based chip sales revenue to the US government. This unprecedented arrangement aims to secure export licences for their advanced AI chips, reopening access to the world’s second-largest economy.