Category: News

In a significant move within the tech industry, Foxconn has announced plans to construct the largest manufacturing facility dedicated to Nvidia’s GB200 chip. This ambitious initiative was confirmed by a high-ranking official during a technology event in Taipei. Benjamin Ting, who serves as the senior vice president for Foxconn’s cloud enterprise solutions division, shared insights…
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Taipei, Taiwan – Foxconn, recognized as the leading manufacturer of electronics and a key assembler of Apple products, is set to construct an expansive production site dedicated to the Nvidia GB200 chip. This initiative aims to address the overwhelming demand for Nvidia’s advanced Blackwell platform, as revealed by a company executive on Tuesday. With rising…
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In an exciting development for the tech industry, Foxconn has announced plans to establish the largest manufacturing facility in the world for the Nvidia GB200 chip. This initiative aims to address soaring demand associated with Nvidia’s popular Blackwell platform, according to a prominent Foxconn executive during a tech event held in Taipei. As the largest…
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On Monday, the U.S. stock market experienced a downturn, with significant losses noted among the major indexes. The Dow Jones Industrial Average decreased by 0.9%, closing at 41,954.24. Meanwhile, the S&P 500 fell nearly 1% to 5,695.94, and the Nasdaq posted a decline of 1.2%, settling at 17,923.90. Retail investors turned their focus on several…
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NVIDIA, a dominant player in the semiconductor industry, has witnessed astonishing growth in its stock price. Over the past year, the company’s shares have surged nearly 179%, and recorded an exceptional 155% increase just this year alone. The company has achieved a remarkable market capitalization, now standing at around $3 trillion. Currently, NVIDIA’s price-to-earnings ratio…
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In a notable shift within the tech landscape, Inflection AI has announced that its next enterprise platform, Inflection 3.0, will transition from utilizing Nvidia GPUs to adopting Intel’s Gaudi 3 accelerators. This change reflects Inflection AI’s evolution in response to market demands and technological advancements. Founded in 2022, Inflection AI initially gained traction by creating…
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In a significant update regarding NVIDIA, Citi has released a comprehensive analysis reflecting on the company’s stock performance and growth potential. The report emphasizes the anticipated impact of the upcoming Blackwell architecture on NVIDIA’s margins, which are expected to experience some fluctuations in the near future. Citi predicts that NVIDIA’s gross margins, which presently face…
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Nvidia’s Chief Executive Officer, Jensen Huang, is set to take center stage at the upcoming Consumer Electronics Show (CES) in 2025, according to a recent report from PR Newswire. Huang’s keynote presentation is scheduled for January 6th, the evening before the event officially commences in Las Vegas, Nevada. The announcement has generated a wave of…
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Amidst the ongoing dynamic landscape of stock trading, recent discussions have turned a spotlight onto NVIDIA Corporation (NASDAQ: NVDA) as it aligns itself with the influences of major stock figures. Jim Cramer, the engaging host of Mad Money, shared reflections regarding significant market movements, particularly in light of the latest consumer price index data. In…
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In a notable shift within the tech industry, Nvidia has officially surpassed Microsoft in market capitalization, positioning itself as the second-largest company globally, following Apple. This milestone was marked on Monday, as Nvidia’s market cap reached approximately $3.13 trillion, compared to Microsoft’s $3.04 trillion. The surge in Nvidia’s stock, which rose over 2%, reflects the…
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