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Showing posts with the label Nvidia

Nvidia’s AI Chip Boom: 80% Revenue Surge Beats Wall Street

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Nvidia’s AI Chip Boom: 80% Revenue Surge Beats Wall Street Driven by the soaring demand for AI-focused microchips, chipmaker giant Nvidia (NVDA) has once again exceeded Wall Street's forecasts, citing a 78% year-over-year growth in revenue. In its fiscal Q4 2025 earnings report, released on Feb. 26, Nvidia announced $39.3 billion in revenue for the quarter ended Jan. 26—a 12% rise from the previous quarter. Analysts at Zacks Investment Research had estimated revenues of $37.72 billion, meaning Nvidia... Coinatory crypto news

SEC Urge Supreme Court to Back Nvidia Crypto Sales Suit

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SEC Urge Supreme Court to Back Nvidia Crypto Sales Suit In a significant development for securities law, the U.S. Justice Department (DOJ) and the Securities and Exchange Commission (SEC) have jointly urged the Supreme Court to revive a class-action lawsuit against Nvidia, claiming the tech giant misled investors about its sales to cryptocurrency miners. Filed on October 2, the amicus brief from U.S. Solicitor General Elizabeth Prelogar and SEC senior attorney Theodore Weiman supports investors' clai... Coinatory cryptocurrency news

Nvidia CEO: AI Will Be Key to Combating AI's Dark Side

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Nvidia CEO: AI Will Be Key to Combating AI's Dark Side Nvidia CEO Jensen Huang believes artificial intelligence itself may be the most effective tool to combat the darker applications of AI. Speaking at a Bipartisan Policy Center event in Washington, D.C. on Sept. 27, Huang emphasized that AI’s speed and capacity to generate false information will require equally advanced AI systems to counteract its misuse. “It’s going to take AI to catch the darker side of AI,” Huang noted, highlighting the inc... Coinatory cryptocurrency news

The drop in demand for mining video cards caused problems for Nvidia

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After the rapid growth in 2017, the cryptocurrency market is in decline. This process not only affected the investment in digital currencies but also seriously affected other industries. One of them is the video card industry, which last year was pleased with the increased demand. Speaking at the Computex 2018 conference that took place recently in China, the head of Nvidia, Huang Renxun, announced that the company will not release new models of video cards "for a long time." This decision is caused by a decrease in demand. First of ... Read more about " The drop in demand for mining video cards caused problems for Nvidia " on coinatory.com