In a draft policy document published on Wednesday, the Beijing Municipal Bureau of Economy and Information Technology said the city will provide an undisclosed amount of subsidies to help local firms buy graphics processing units (GPUs) made by domestic manufacturers to “expedite the supply of controllable intelligent computing resources”. The amount of subsidy provided to …
Lenovo Group has unveiled a series of servers and computers powered by technology from US chip designer Nvidia, in the Chinese computer giant’s latest push to bring artificial intelligence (AI) solutions to businesses and cloud service providers. Lenovo said it has added two new Nvidia graphics-processing-unit (GPU) systems to its AI server series, ThinkSystem. The …
Published: March 4, 2024 at 3:43 p.m. ET Advanced Micro Devices Inc.’s management projects it will generate upwards of $3.5 billion in revenue this year from graphics processing units for the data center. One Barclays analyst is feeling even more upbeat. Barclays’ Tom O’Malley expects AMD AMD will deliver about $4.5 billion in data-center GPU …
SAN JOSE, Calif. â Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the booming marketâs early leader reported another quarter of eye-popping growth. Intel INTC , a Silicon Valley pioneer that has been struggling in recent years, laid out its plans …
Nvidia is scheduled to announce its fourth-quarter earnings following the close of the U.S. market on Wednesday (Feb. 21), and analysts expect AI chips to be vital to the company’s trajectory. Investors will closely examine remarks from Nvidia CEO Jensen Huang for insights into the sustainability of the company’s substantial growth. In the last year, …
Published: Feb. 15, 2024 at 9:00 a.m. ET The unlikely trio of Nvidia Corp. Chief Executive Jensen Huang, Super Bowl legend Joe Montana and former Walt Disney Co. Chairman Jeffrey Katzenberg do have something in common. They’re all backing enterprise AI startup Alembic, fresh off $14 million in series A funding led by WndrCo, the …
Published: Feb. 14, 2024 at 7:16 p.m. ET Investors were getting a peek Wednesday at where fund managers have made their recent bets, as those managers released the required quarterly reports on their holdings. But Wednesday also brought a look at investments made by some public companies, including chip powerhouse Nvidia Corp. NVDA, which joined …
Nvidia Corp. is the “clear beneficiary” of Meta Platforms Inc.’s rampant spending on artificial intelligence, according to an analyst. The Facebook parent company now expects to spend $30 billion to $37 billion on capital expenditures this year, whereas it was projecting $30 billion to $35 billion previously. The new “outlook reflects our evolving understanding of …
“Nvidia has history on its side.” You couldn’t take 10 steps at CES, the annual Consumer Electronics Show in Las Vegas, without hearing about AI. All the key players in the AI PC race were present last week in force, including Intel INTC, -0.13%, AMD AMD, +8.31%, Qualcomm QCOM, +0.66% and Microsoft MSFT, +0.46%. Intel …
The entire new XPS line.Image: Dell Remember the Dell XPS Plus 13 released at CES last year that we weren’t the biggest fans of? Dell just released a revamped version of that, called the XPS 13, along with two new XPS size variants, the XPS 14 and the XPS 16. All of these are, you …