Nvidia’s $82 Billion Arm Deal Hangs in Balance as US FTC Moves to Court
(FT) US Federal Trade Commission has moved to court to stop the planned $82 billion deal for Arm, a UK chip design entity currently under the control of SoftBank. FTC…
Nvidia Q3 Earnings Analysis Preview: Stock Price Forecast
Nvidia stock up 129% ahead of Q3 results.Wall Street projecting double-digit revenue and earnings growth.Focus will be on computer gaming and data center segments. NVIDIA Corporation (NASDAQ: NVDA) is scheduled…
NVIDIA Set to Power the Largest GPU-Based Supercomputer at the US’s Argonne Lab
(NVIDIA) NVIDIA has announced that the largest GPU-based supercomputer at Argonne National Laboratory of the US Department of Energy will run on its computing platform. The Polaris supercomputer is expected…
Interview: Nvidia CEO’s Views on Proof of Stake Eth, Chip Shortage, and AI
(VentureBeat) Nvidia’s CEO Jensen Huang highly believes in ETH’s proof of stake. Huang says it carries a lot of credibility, works well, and many people can depend on it for…
Nvidia Projects a Strong Demand for Chips in Second Quarter Amid Shortages
Nvidia Corporation projects a strong demand for chips used in gaming PCs, crypto mining, and data centers, according to Bloomberg. The company, largest chipmaker in the U.S, expects current quarter…
Nvidia’s Third Fiscal Revenues Rose by 57%. Issues Guidance
Nvidia recorded revenue of $4.73 billion in Q3 2020, a rise of 57% from the prior year and above Q2 revenues of $3.87, according to the company’s press release. Revenue…
Deutsche Bank Raises Nvidia Price Target to $500 Ahead of Quarterly Earnings Release
Deutsche Bank has raised Nvidia’s share price target from $450 to $500 , as the chip-maker prepares to release Q3 2020 earnings report on November 18, according to TheStreet. Deutsche…