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Search resuls for: "Nvidia didn't"


10 mentions found


☆ Don't think all Nvidians are now rich, says one engineer
  + stars: | 2024-04-21 | by ( Jyoti Mann | ) www.businessinsider.com   time to read: +4 min
Read previewAn Nvidia engineer who makes $250,000 a year said the amount employees make at the chip giant was "not as rosy" as some might think. He told Business Insider that while some Nvidians may be lucky enough to be millionaires, "a million doesn't go too far." The software engineer didn't want to be identified as he's not authorized to speak to the media. AdvertisementThat means that a Nvidia employee earning $1 million a year may not be considered rich in a place like San Francisco. "I'm really happy with the price Nvidia stock is trading at."
Persons: —, didn't, he's, There's, Charles Schwab, I'm, I've, it's, Jensen Huang, HWA CHENG Organizations: Service, Business, Nvidia, Microsoft, Apple, Social Security, Charles Schwab Modern Wealth Survey, HWA, Getty, Bloomberg Locations: Coast, California, San Francisco, India, AFP
☆ The world's biggest chipmaker just got hit by an earthquake. That could mean production delays for customers like Apple and Nvidia.
  + stars: | 2024-04-03 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +4 min
A powerful earthquake in Taiwan forced chip maker TSMC to suspend operations at some sites. That could mean production delays for companies like Apple, which relies on its chips. Worst-case scenario, disruptions to TSMC could mean production delays for its existing products and a later rollout of its new devices. AdvertisementApple and Nvidia didn't immediately return to requests for comment from Business Insider when asked how TSMC's production disruptions would impact their businesses. Analysts say halting production could also damage some of TSMC's most advanced chips, which require maintenance around the clock, further exacerbating production delays.
Persons: —, TSMC, Chris Miller, Nvidia didn't, Bum, Brian Tan, Miller Organizations: Apple, Bloomberg, Service, Taiwan Semiconductor Manufacturing, Nvidia, The New York Times, Business, Citi Group Locations: Taiwan, Hsinchu, United States
☆ All the big Nvidia calls after AI conference: Goldman raises target to $1,000, JPMorgan sees 'dominance'
  + stars: | 2024-03-19 | by ( Samantha Subin | ) www.cnbc.com   time to read: +5 min
Goldman Sachs Goldman Sachs' Toshiya Hari joined a handful of analysts turning more bullish on the chipmaker following the keynote event, boosting the firm's price target to $1,000 from $875. Wells Fargo Wells Fargo analyst Aaron Rakers said Nvidia didn't shock investors with any unexpected updates, but he still raised his price target to $970 from $840. Sur retained his overweight rating and $850 price target. The analyst retained his $1,100 price target and buy rating, citing the company's ongoing leadership within the AI value chain. The analyst retained his outperform rating and $1,000 price target, calling the company's ongoing expansion beyond chips "unmatched."
Persons: Jensen, Blackwell, Hopper, Huang, Morgan Stanley, Joseph Moore, Goldman Sachs Goldman Sachs, Toshiya Hari, Hari, bode, Aaron Rakers, NVDA, Morgan Stanley Morgan Stanley's Joseph Moore, Moore, Harlan Sur, Sur, Bank of America's Vivek Arya, Bernstein, Bernstein's Stacy Rasgon, Taylor Swift Organizations: Nvidia, Wall, Blackwell, Micron Technology, JPMorgan, NVIDIA, Bank of America, Bank of America's, SAP Center Locations: 2H24, Wells Fargo Wells Fargo, San Jose
☆ AI is having a '1995 moment'
  + stars: | 2024-02-23 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
Read previewArtificial intelligence is having a 90s-like boom — and one analyst says Nvidia is leading the charge. "This is a 1995 Moment as now the AI Revolution and $1 trillion of incremental spending over the next decade is hitting the software ecosystem and rest of tech sector," Dan Ives, a tech analyst at Wedbush Securities, wrote in a recent analyst note. "The AI Revolution starts with Nvidia and in our view, the AI party and popcorn is just getting started," Ives said. "We started the AI journey with the hyperscale cloud providers and consumer internet companies," Huang said. "We're really just getting started," Huang said.
Persons: —, Dan Ives, Ives, Nvidia didn't, Jensen Huang —, Nvidia who's, Huang Organizations: Service, Nvidia, Wedbush Securities, Business, Adobe, Oracle
☆ Nvidia's sales fell 'significantly' in China — but it's still shipping chips to the country
  + stars: | 2024-02-22 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +2 min
Nvidia's data center revenue boomed across all regions but China due to trade restrictions. The chip giant is now shipping alternatives to the country that don't require a license. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . One place Nvidia didn't grow: China, where revenue declined "significantly following the US government export control regulations imposed in October," Nvidia's CFO Colette Kress said on the company's Q4 earnings call. That's heightened shareholder worries about Nvidia's ability to keep up sales in China's massive AI chip market.
Persons: —, Colette Kress, execs, Jensen Huang, Huang Organizations: Nvidia, Service, Business Locations: China
☆ Nvidia's stock tripled last year on AI excitement. What to expect as the next stage unfolds
  + stars: | 2024-01-08 | by ( Samantha Subin | ) www.cnbc.com   time to read: +5 min
The company's stunning progress garnered the love of Wall Street, with analysts upping their price targets on the stock to account for future growth and naming it among their top AI picks. Nvidia's 'iPhone moment' Few could have predicted the frenzy ChatGPT would create when it debuted in late 2022, but no company could have been better prepared for the excitement than Nvidia. What to expect in 2024 Many on Wall Street don't foresee Nvidia hype dying down in the new year. In fact, many investors expect shares to keep rising as long as the company can smash expectations and guide higher. That's a feat many on Wall Street expect the company to accomplish, with the consensus price target implying another 35% upside for shares, according to FactSet.
Persons: Paul Meeks, Karl Freund, Freund, They've, Kim Forrest, Meeks, there'll, Ken Mahoney, Forrest, they've Organizations: Nvidia, Devices, Research, Bokeh Capital Partners, Intel Locations: Nvidia's
☆ Nvidia CEO Jensen Huang says artificial general intelligence will be achieved in five years
  + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +4 min
Nvidia CEO Jensen Huang said AGI will be reached in five years during the 2023 NYT DealBook Summit. Huang defined AGI as tech that exhibits basic intelligence "fairly competitive" to a normal human. Still, he admitted that AI technology is not quite there yet despite its rapid progress. AdvertisementJensen Huang, the CEO of Nvidia — one of the companies that is fueling the AI revolution — predicts that we may be able to see artificial general intelligence, or AGI, within the next five years. "Software can't be written without AI, chips can't be designed without AI, nothing's possible," he concluded on the point of AI's potential.
Persons: Jensen Huang, Huang, —, Andrew Ross Sorkin, Ross Sorkin, Sorkin, Ilya Sutskever, Ian Hogarth, John Carmack, Demis Hassabis, Nvidia didn't Organizations: Nvidia, Service, New York Times DealBook, AIs, OpenAI
☆ Nvidia cofounder lives off the grid, owns a private jet named Snoopy, and gives out single-use email addresses to avoid spam
  + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
Curtis Priem, cofounder of Nvidia, gave the majority of his stock to his college alma mater, Forbes reported. The chip giant's first CTO spent part of his wealth on an off-the-grid home and a private jet. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . By 2006, Priem sold the rest of his shares, leaving him with a fortune worth around $30 million, Forbes estimated. "I did a little crazy thing, and I wish I'd kept a little bit more [Nvidia shares]," Priem told Forbes.
Persons: Curtis Priem, Forbes, —, could've, Priem, Flexjet, I'd, Nvidia Jensen, Huang, Nvidia didn't Organizations: Nvidia, mater, Service, Foundation, Conservancy, Forbes, Rensselaer Polytechnic Institute, IBM, Computer, Gulfstream G450, RPI, Microsoft Locations: America, mater, Fremont , California
☆ Nvidia CEO Jensen Huang has 50 direct reports. Here's why.
  + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
Nvidia CEO Jensen Huang explained why he has 50 direct reports at the 2023 NYT DealBook Summit. "The more direct reports the CEO has, the less layers are in the company," Huang said. AdvertisementNvidia CEO and cofounder Jensen Huang said he has 50 direct reports — and for a good reason. "The more direct reports the CEO has, the less layers are in the company," Huang said. After all, Huang doesn't feel the need to do too much hand-holding with his direct reports — he said he expects them to know what they're doing.
Persons: Jensen Huang, Huang, —, Andrew Sorkin, Sorkin, that's, what's, Huang doesn't, Nvidia didn't Organizations: Nvidia, Service, New York Times, Bloomberg, Yorker, New Locations: New Yorker
☆ Nvidia CEO Jensen Huang, known for his leather jacket, has his wife and daughter to thank for his signature style
  + stars: | 2023-10-30 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
Nvidia CEO Jensen Huang credited his style to his wife and daughter in a recent interview. The interest in his signature style comes as the chip maker attempts to cash in on the AI hype. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementJensen Huang, the CEO of Nvidia, is rarely seen in public without his shiny black leather jacket — but he doesn't take credit for his signature style. AdvertisementAdvertisementThe CEO of the chip giant is married to Lori Huang, who he met when he was 16 in an electrical engineering class.
Persons: Jensen Huang, —, Ryan Patel, Patel, Huang, Lori Huang, Huang isn't, Nvidia didn't Organizations: Nvidia, Service, Wilson Jackets, Bloomberg, Google, Microsoft
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