AMD’s AI push gathers pace behind Nvidia Tech Advanced Micro Devices (AMD) delivered another quarter of rapid growth, beating Wall Street forecasts on both revenue and earnings. Yet its shares tumbled as investors weighed what the numbers mean in a market still dominated by chip giant Nvidia. The chipmaker reported fourth quarter revenue of $10.27bn (£7.49bn), up 34 per cent year on year, [...]
Nvidia smashes expectations as AI demand ‘shows no signs of slowing’ Tech Nvidia shares jumped by over four per cent in after-hours trading, after the chipmaker delivered another blockbuster set of quarterly results. The tech behemoth comfortably beat Wall Street forecasts that reinforced the strength of the global AI boom. For the three months to 26 October, Nvidia reported earnings of $1.30 (£1.04) per share, ahead of expectations [...]
Nvidia results set to answer AI bubble fears Tech Nvidia’s third quarter results, set to be announced after US market closes on Wednesday, will be a litmus test for the AI boom that has propelled global equities to record highs. The chip titan, which now accounts for roughly seven per cent of the S&P 500 by market cap, has seen its shares surge more [...]
Exclusive: Nvidia boss tells China ‘We won’t operate where we’re not wanted’ September 17, 2025 Nvidia chief executive Jensen Huang said he was “disappointed” with China’s internet regulator banning the country’s largest tech firms from buying Nvidia’s AI chips. The quasi-celebrity, leather jacket-wearing billionaire told City AM: “We could only be in service of a market if the country wants us to”. His response follows the Cyberspace Administration of China [...]
Alibaba unveils new AI chip as Nvidia’s China headache deepens August 29, 2025 China’s tech giants are racing to plug the gap left by Washington’s export bans, with Alibaba rolling out a new AI processor designed to replace Nvidia’s restricted H20 chip. The e-commerce titan, now also the country’s largest cloud-computing group, said the chip is more versatile than its predecessors and is aimed squarely at domestic AI [...]
Nvidia stock dips despite record quarter as uncertainty spooks markets August 28, 2025 Nvidia’s earnings once again beat expectations last night, but the AI chipmaker’s shares slipped in after-hours trading due to ongoing uncertainty over China. The Silicon Valley-based group, now worth more than $4tn (£3.1tn) reported fiscal second-quarter revenue of $46.7bn, up 56 per cent year on year, with adjusted earnings per share of $1.05. Both figures came in [...]
Will Nvidia’s earnings justify its valuation August 22, 2025 Nvidia’s upcoming earnings report on 27 August will be a pivotal moment for a company that has become a proxy for the entire AI investment boom. While analysts are forecasting another quarter of exponential growth, the question remains whether the numbers can live up to a valuation has swelled to $4.4 trillion (£3.28 trillion), making [...]
Nvidia smashes forecasts – but China trade drag looms large May 29, 2025 Nvidia once again beat Wall Street’s lofty expectations last night, reporting nearly $44.1bn in revenue in its first quarter – a staggering 69 per cent jump year on year. But despite a positive set of numbers and a surge in data centre sales, there are still warning lights blinking on the AI chip giant’s dashboard. [...]
Nvidia hit by US chip curbs as trade war escalates April 16, 2025 Nvidia shares slid sharply on Wednesday after the chip giant revealed that newly tightened US export restrictions on its China-bound AI chips could cost it up to $5.5bn this quarter. The move, part of an escalating series of trade and technology curbs between Washington and Beijing, has rattled markets already on edge over tariff uncertainty [...]
How ASML sparked a global chip stock sell off October 16, 2024 Chip equipment maker ASML warned of a slower than expected recovery in the semiconductor market on Tuesday, triggering panic among investors who quickly offloaded stocks across the sector. The company’s quarterly results, accidentally published a day early, revealed orders that were half of what investors had expected. The company also cut its forecast for next [...]