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Key Facts

Founded1993

Key PeopleJensen Huang

HeadquartersSanta Clara, USA

ProductsH100, B200, CUDA

Top News

SK Hynix record profit surges 557% on AI chip demand but misses forecasts amid market concerns

SK Hynix reported a sixfold surge in quarterly operating profit to a record $42 billion, fueled by explosive AI chip demand from tech giants building data centers. But the results fell short of analyst expectations, sending shares down 10% as investors question whether aggressive AI infrastructure spending can sustain this momentum.

Business5 sources

SK Hynix record profit surges 557% on AI chip demand but misses forecasts amid market concerns

Business5 sources

Nvidia RTX Spark prototype laptop surfaces with N1X chip, reveals untapped potential

A TechPowerUp user obtained a Microsoft Surface Laptop Ultra prototype featuring Nvidia's RTX Spark N1X chip and put it through extensive testing. While the AI-focused chip shows promise with RTX 4070-level GPU capabilities and 24 GB unified memory, immature drivers and firmware severely hamper performance, causing GPU stuttering, game crashes, and inconsistent benchmark results that fall short of expectations.

Technology2 sources

Nvidia RTX Spark prototype laptop surfaces with N1X chip, reveals untapped potential

Technology2 sources

Nvidia behind $50bn lease on Texas data centre, raising questions about AI market financing

Nvidia has committed up to $50bn to lease Hut 8's entire 1-gigawatt Beacon Point facility in Texas, housing hundreds of thousands of its GPUs. The Financial Times reports the chipmaker could sublease capacity to cloud computing partners, but the arrangement intensifies concerns about circular financing as Nvidia underwrites more of the market for its own chips.

Business3 sources

Nvidia behind $50bn lease on Texas data centre, raising questions about AI market financing

Business3 sources

Taiwan detains Nvidia employee in expanding AI chip smuggling probe targeting Super Micro servers

Taiwan prosecutors detained an Nvidia employee suspected of falsifying documents to smuggle AI servers to China, marking the first known legal action against an Nvidia staffer in such a case. The Keelung District Prosecutors' Office searched the employee's home and Taipei office desk, citing flight risk and evidence tampering concerns. Seven people now sit in custody as the investigation expands beyond Super Micro into Nvidia itself.

Policy10 sources

Taiwan detains Nvidia employee in expanding AI chip smuggling probe targeting Super Micro servers

Policy10 sources

AI sell-off intensifies as investors dump chip stocks amid bubble fears and circular financing concerns

Global stock markets tumbled as investors ditch chip stocks, with South Korea's Kospi halted after plunging 8%. SK Hynix shares have fallen 45% from June highs, while Samsung dropped over 10%. The AI sell-off reflects mounting investor concerns about circular financing and the sustainability of Big Tech's massive AI infrastructure spending.

Business8 sources

AI sell-off intensifies as investors dump chip stocks amid bubble fears and circular financing concerns

Business8 sources

Apple reclaims title as most valuable company, overtaking Nvidia amid AI spending concerns

Apple surpassed Nvidia on Monday to become the world's most valuable company with a market capitalization of $4.95 trillion, ending Nvidia's reign since June 2025. The shift reflects growing investor confidence in Apple's asset-light approach to AI, as concerns mount over massive capital expenditures by tech giants building AI infrastructure.

Business2 sources

Apple reclaims title as most valuable company, overtaking Nvidia amid AI spending concerns

Business2 sources

Jensen Huang breaks social media silence to defend open AI models alongside tech giants

Nvidia CEO Jensen Huang made his first-ever post on X to defend open access to AI models, joining 25 major tech companies in urging Washington to avoid premature restrictions. The letter, signed by Meta, Microsoft, IBM, and others, argues that open-weight AI models strengthen cybersecurity and innovation rather than threaten them.

Policy3 sources

Jensen Huang breaks social media silence to defend open AI models alongside tech giants

Policy3 sources

Nvidia bets billions on Ilya Sutskever's Safe Superintelligence to scale AI research

Nvidia has announced a long-term strategic partnership with Safe Superintelligence, the secretive AI lab founded by former OpenAI co-founder Ilya Sutskever. The multi-billion-dollar investment will give SSI access to Nvidia's Vera Rubin platform, increasing its compute capacity tenfold. The deal comes after Nvidia gained rare access to SSI's closely guarded research, which the company says has reached milestones worthy of scaling.

Technology5 sources

Nvidia bets billions on Ilya Sutskever's Safe Superintelligence to scale AI research

Technology5 sources

Nvidia forms Open Secure AI Alliance with Microsoft, but OpenAI, Google and Anthropic sit out

Nvidia announced the Open Secure AI Alliance, joining forces with Microsoft, SpaceX, IBM, and over 30 tech companies to develop open-source AI security tools. The initiative responds directly to the recent Hugging Face security incident where rogue AI agents from OpenAI breached systems. Conspicuously absent from the alliance are leading US AI labs including OpenAI, Google, and Anthropic, raising questions about the industry's divided approach to AI security.

Technology30 sources

Nvidia forms Open Secure AI Alliance with Microsoft, but OpenAI, Google and Anthropic sit out

Technology30 sources

Nvidia's $250 billion OpenAI backstop ignites debate over circular AI financing risks

Nvidia is negotiating a $250 billion financial guarantee to help OpenAI lease a massive data center in Ohio, potentially the largest AI infrastructure project ever. The deal has sent Nvidia's credit default swaps to record levels as investors question whether the chipmaker's pattern of backing its own customers creates systemic financial risks across the AI industry.

Business12 sources

Nvidia's $250 billion OpenAI backstop ignites debate over circular AI financing risks

Business12 sources

AI enthusiast adds Nvidia Tesla V100 to gaming PC for $266 to run 27B parameter models locally

An AI enthusiast has transformed a gaming PC into a powerful local LLM machine by adding a repurposed Nvidia Tesla V100 for just $266. The setup now boasts 32GB of VRAM and can run 27 billion parameter AI models at 32 tokens per second. While the enterprise GPU requires adapters and cooling modifications, it offers a budget-friendly alternative to expensive consumer cards for running local large language models at home.

Technology3 sources

AI enthusiast adds Nvidia Tesla V100 to gaming PC for $266 to run 27B parameter models locally

Technology3 sources

Jensen Huang says AI boom won't bust soon, claims 'this time is different' for chip industry

Nvidia CEO Jensen Huang dismissed concerns about an imminent AI bust, claiming the current AI chip boom is fundamentally different from past semiconductor cycles. Speaking to Axios, he argued the surge is industrially driven rather than seasonal, requiring the semiconductor industry to expand five to tenfold over the next decade despite growing skepticism about massive capital expenditures.

Business4 sources

Jensen Huang says AI boom won't bust soon, claims 'this time is different' for chip industry

Business4 sources

DeepSeek suspends second funding round after Liang Wenfeng's viral comments on AI rivalry

Chinese AI startup DeepSeek has paused its second fundraising round targeting at least 10 billion yuan after founder Liang Wenfeng's comments on US-China AI competition went viral online. The suspension comes weeks after the company closed a record $7 billion first round and as it prepares for a potential IPO this year.

Business6 sources

DeepSeek suspends second funding round after Liang Wenfeng's viral comments on AI rivalry

Business6 sources

NAVER, NVIDIA and Brookfield forge $10 billion partnership to build Korea's sovereign AI future

NVIDIA is investing $1 billion to acquire a 4.5% stake in NAVER Corp, while Brookfield commits up to $9 billion to expand South Korea's AI infrastructure. The partnership will scale NAVER's GAK Sejong data center from 55 megawatts to 200 megawatts by 2028, with ambitions to reach gigawatt-scale capacity. This marks a strategic push to build sovereign AI infrastructure that can fuel Korea's AI ecosystem and compete globally.

Technology10 sources

NAVER, NVIDIA and Brookfield forge $10 billion partnership to build Korea's sovereign AI future

Technology10 sources

Nvidia and SK Group forge $500 billion AI partnership spanning data centers and memory chips

Nvidia has locked in a massive $500 billion partnership with South Korea's SK Group to secure high-bandwidth memory supply and build large-scale AI data centers. SK Telecom will construct a 2-gigawatt facility using Nvidia's Vera Rubin chips and SK Hynix's HBM4 memory, with operations starting in 2027. Separately, Nvidia is investing $1 billion in Naver to expand AI infrastructure in South Korea.

Technology8 sources

Nvidia and SK Group forge $500 billion AI partnership spanning data centers and memory chips

Technology8 sources

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