The Latest Breaking News from Nvidia Corp

NVIDIA Corp (NASDAQ:NVDA) looked to explore Intel Corp (NASDAQ:INTC) as a foundry for making its chips, Reuters reports citing CEO Jensen Huang.  “They’re interested in us using their foundries. We’re very interested in exploring it,” Huang said. However, foundry discussions take a long time as it’s about integrating supply chains and not like “buying milk.”…

Kroger Co (NYSE:KR) has entered into a strategic collaboration with NVIDIA Corp (NASDAQ:NVDA) for Artificial Intelligence-enabled applications and services. The parties will build a state-of-art AI lab and demonstration center to expand Kroger's freshness initiatives and improve shipping logistics. The lab will be located in Kroger's Cincinnati-based headquarters office. It will use NVIDIA AI Enterprise software…

Nvidia Corp on Tuesday announced several new chips and technologies that it said will boost the computing speed of increasingly complicated artificial intelligence algorithms, stepping up competition against rival chipmakers vying for lucrative data center business. Nvidia's graphic chips (GPU), which initially helped propel and enhance the quality of videos…

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) saw orders for automotive electronics chips accelerating at a faster-than-expected pace, Digi Times reports. TSMC's advanced technology leadership will likely attract an influx of AI chip orders for autonomous driving from vendors including NVIDIA Corp (NASDAQ:NVDA), Qualcomm Inc (NASDAQ:QCOM), Intel Corp (NASDAQ:INTC), and Tesla Inc (NASDAQ:TSLA).  TSMC commanded a more than 90% share of the 7/5nm…

SoftBank Group Corp(OTC:SFTBY) (OTC:SFTBF)-owned Arm Ltd looks to slash 15% of its workforce as it prepares for its initial public offering, Bloomberg reports. Arm aims to trim 12% - 15% of U.K. staff to control spending and focus on fewer projects. Also Read: SoftBank Aims For Arm IPO After Nvidia Dumps Takeover Plans, US Joins…

Intel Corp's (NASDAQ:INTC) self-driving car unit, Mobileye, has confidentially filed paperwork for a U.S. IPO, Reuters reports. The IPO could value the Israeli unit at over $50 billion. Intel acquired Mobileye for $15.3 billion in 2017 to fire up rivalry with Nvidia Corp (NASDAQ:NVDA) and Qualcomm Inc (NASDAQ:QCOM) in developing driverless systems for automakers. Intel CEO Pat Gelsinger…

The Lapsus$ ransomware group threatened to leak Nvidia Corp (NASDAQ:NVDA) “most closely-guarded secrets” today unless it met their demands, TechCrunch reports. Lapsus$ told Nvidia to remove its controversial Lite Hash Rate (LHR) feature, limiting the Ethereum mining capabilities of its RTX 30 series graphics cards.  Lapsus$ also wanted Nvidia to open-source its graphics…

US chipmaker Nvidia Corp said on Tuesday a cyber attacker has leaked employee credentials and some company proprietary information online after their systems were breached. "We have no evidence of ransomware being deployed on the Nvidia environment or that this is related to the Russia-Ukraine conflict," the company's spokesperson said…

Citi analyst Atif Malik reiterated a Buy rating on Nvidia Corp (NASDAQ:NVDA) with a $350 price target. The price target implies an upside of 41.5%. The re-rating follows Nvidia's termination of the planned acquisition of SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) ARM Ltd due to significant regulatory challenges to closing the deal.  The Street largely expected that the…

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) aims for an initial public offering for Arm Ltd. Nvidia Corp's (NASDAQ:NVDA) just abandoned the proposed acquisition of the chip designer amid fierce opposition from regulators and customers. SoftBank will keep a $1.25 billion breakup fee with the deal's termination. Related Content: Nvidia Quietly Looks To Dump Its Arm Ambitions SoftBank looks for…