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☆ Mount Marapi: 11 climbers killed, 12 missing following Indonesian volcano eruption
▼ + stars: | 2023-12-04 | by ( Heather Chen | ) edition.cnn.com time to read: +2 min

Jakarta, Indonesia CNN —Eleven climbers have died and another dozen are missing in Indonesia following the eruption of a highly active volcano in the province of West Sumatra, officials told CNN on Monday. Located on the Pacific Ring of Fire, Indonesia has 127 active volcanos – more volcanoes than anywhere else in the world – and Mount Marapi is among the country’s most active. A student walks as Mount Marapi volcano spews volcanic ash as seen from Nagari Batu Palano in Agam, West Sumatra province, Indonesia, December 4, 2023. Officials monitoring Marapi’s movements told CNN affiliate CNN Indonesia of potential dangers from Sunday’s eruption, including flowing molten lava which could reach roads and nearby rivers. It is Mount Marapi, not Mount Merapi

Persons: Marapi, Abdul Malik, Malik, Antara, el Fitra, Ada Setiawan, Merapi Organizations: Indonesia CNN —, CNN, Reuters, National Disaster Management Agency Locations: Jakarta, Indonesia, West Sumatra, Batu, Agam , West Sumatra, CNN Indonesia, Marapi

PADANG, Indonesia (AP) — The bodies of 11 climbers were recovered Monday after a furious eruption of the Mount Marapi volcano as Indonesian rescuers searched for at least 22 others reportedly missing. About 75 climbers started their way up the nearly 2,900-meter (9,480-foot) mountain on Saturday and became stranded. West Sumatra’s Search and Rescue Agency head Abdul Malik said rescuers on Monday morning found 11 bodies of climbers as they searched for those who still missing and rescued three others. Political Cartoons View All 1277 Images“The evacuation process of the bodies and survivors are still ongoing,” he said, adding that rescuers are still searching for 22 climbers reportedly still missing. Authorities distributed masks and urged residents to wear eyeglasses to protect them from volcanic ash, he said.

Persons: Marapi, Hari Agustian, Abdul Malik, ”, Ahmad Rifandi, Indonesia’s Volcanology, Abdul Muhari, Gobah Cumantiang Organizations: Sunday, Rescue Agency, Hazard Mitigation, Disaster Management Agency Locations: PADANG, Indonesia, Agam district, West Sumatra, Padang, Marapi, Rubai

ISLAMABAD (AP) — Afghans fleeing Pakistan to avoid arrest and deportation are sleeping in the open, without proper shelter, food, drinking water and toilets once they cross the border to their homeland, aid agencies said Sunday. Pakistan set Oct.31 as a deadline to leave the country or else they'd be arrested as part of a new anti-migrant crackdown. Afghans leave Pakistan from two main border crossings, Torkham and Chaman. The Taliban say they have committees working “around the clock” to help Afghans by distributing food, water and blankets. Concerns have risen among the humanitarian community about the impoverished country being unable to support or integrate those currently forced to leave Pakistan.

Persons: Torkham, Kayal Mohammad, Hawa, ”, “, ” Thamindri Da Silva, Arshad Malik, ” Malik, Pope Francis Organizations: Associated Press, “ Locations: ISLAMABAD, Pakistan, Afghanistan, Peshawar

A woman looks at a new iPhone 15 Pro and a Huawei Mate 60 Pro as Apple's new iPhone 15 officially goes on sale across China, at an Apple store in Shanghai, China September 22, 2023. Research firm Canalys estimated that overall smartphone sales in China fell 3% in July-September from a year earlier as consumers bought fewer smartphones as an economic recovery was choppy. On the other hand, analysts estimate that Huawei's China smartphone sales grew strongly in the quarter. Apple said on Thursday that its overall sales in China dipped 2.5% but it blamed tough Mac computer and iPad sales for that. Aggressive discounting on the iPhone 15 series in the run up to the annual Singles Day shopping festival by major Chinese online retailers is also encouraging demand.

Persons: Aly, Tim Cook, Apple, Cook, Canalys, Apple's, Huawei's, Yuvraj Malik, Bengaluru ， Stephen Nellis, Yelin, Arsheeya Bajwa, Harshita Varghese, Sayantani Ghosh, Gerry Doyle Organizations: Huawei, Apple, REUTERS, Huawei Technologies, Reuters, Research, HK, Taobao, Pro Max, Qualcomm, Thomson Locations: China, Shanghai, Bengaluru ，, San Francisco, Yelin Mo, Beijing, Bengaluru

(AP) — A federal judge has postponed sentencing for six former Mississippi law enforcement officers who pleaded guilty to a long list of federal charges for torturing two Black men in January. Lee has not yet rescheduled the sentencing hearing, but some of the former officers requested it be delayed until Dec. 15. The men admitted in August to subjecting Michael Corey Jenkins and Eddie Terrell Parker to numerous acts of racially motivated, violent torture. Political Cartoons View All 1227 ImagesThe officers taunted the men with racial slurs and poured milk, alcohol and chocolate syrup over their faces. “Michael Jenkins and Eddie Parker are urging that the sentencing for the ‘Goon Squad’ members ... take place as quickly as possible," Shabazz said.

Persons: JACKSON, Tom Lee, Lee, Michael Corey Jenkins, Eddie Terrell Parker, Jenkins, Parker, Brett McAlpin, Hunter Elward, Christian Dedmon, Jeffrey Middleton, Daniel Opdyke, Joshua Hartfield, Malik Shabazz, “ Michael Jenkins, Eddie Parker, Shabazz, Michael Jenkins, ___ Michael Goldberg Organizations: —, District, Rankin County, Associated Press, ” Prosecutors, America Statehouse News Initiative, America Locations: MISS, Mississippi, U.S, Braxton, Rankin, Richland, @mikergoldberg

☆ Wall Street has a new favorite AI pick
▼ + stars: | 2023-10-31 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Analysts on Wall Street think Arista Networks is the next premier artificial intelligence play. On Monday, the company reported a blowout third quarter that surpassed Wall Street expectations on both the top and bottom lines. Moving forward, analysts think the company can be the top player in the Ethernet application of AI. "While there remains risk heading into the 800G cycle, we continue to think Arista is well positioned." The analyst reiterated Arista as a top AI pick into 2024.

Persons: Morgan Stanley, Wells Fargo, Morgan Stanley's Meta Marshall, Marshall, Atif Malik, Malik, capex, Michael Bloom Organizations: Arista Networks, Arista, FactSet, Barclays, Citi Locations: Infiniband

The company's revenue rose 13% to $56.5 billion in the quarter ended Sept. 30, compared with analysts' consensus estimate of $54.52 billion, according to LSEG data. Revenue from Microsoft's Intelligent Cloud unit, which houses the Azure cloud-computing platform, grew to $24.3 billion, compared with analysts' estimate of $23.49 billion, LSEG data showed. Microsoft said on Tuesday that its fiscal first-quarter profit was $2.99 per share, above analyst estimates of $2.65 per share, according to LSEG data. Sales of its Windows operating system and other products in the segment grew to $13.7 billion, compared with analysts' consensus estimate of $12.82 billion, according to data from LSEG. The segment containing the LinkedIn social network and its office productivity software grew to $18.6 billion, compared with analysts' consensus estimate of $18.20 billion, according to LSEG data.

Persons: Dado Ruvic, Jesse Cohen, Jeremy Goldman, Anna Tong, Stephen Nellis, Yuvraj Malik, Devika Syamnath, Peter Henderson, Matthew Lewis Organizations: Microsoft, REUTERS, Investing.com, Alpha, Intelligence, Thomson Locations: Investing.com ., Redmond, Washington, San Francisco, Bengaluru

(AP) — The Mississippi sheriff who leads the department where former deputies pleaded guilty to a long list of state and federal charges for the torture of two Black men has asked a federal court to dismiss a civil lawsuit against him. Court records show that attorney Jase Dare asked to dismiss the lawsuit on Oct. 6, just one day after a settlement conference was filed with the court. A settlement conference is scheduled when the parties in a lawsuit try to settle a case before trial. One of those men was Pierre Woods, who was shot and killed by Rankin County deputies in 2019. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.

Persons: JACKSON, Michael Corey Jenkins, Eddie Terrell Parker, Bryan Bailey's, Jenkins, Parker's, Bailey, “, Jase Dare, Malik Shabazz, Trent Walker, ’, Bryan Bailey’s, Walker, Parker, Hunter Elward, Pierre Woods, Rankin, Woods, Brett McAlpin, Dare, McAlpin, Christian Dedmon, Jeffrey Middleton, Daniel Opdyke, Joshua Hartfield, ___ Michael Goldberg Organizations: Prosecutors, Associated Press, U.S, Circuit, America Statehouse News Initiative, America Locations: Miss, The Mississippi, Rankin, Elward, Richland, @mikergoldberg

Quite a few of the hospitals have seen a sudden influx of patients booked in for check-ups involving a night's stay to coincide with the most anticipated match of the World Cup. The Ahmedabad Hospitals and Nursing Homes Association has discouraged its members from accommodating such fans. India and Pakistan head into the showdown having both won their opening two matches at the tournament. The city has been declared a 'no-drone zone' on Saturday, and 11,000 security personnel will be deployed for the high-profile match, Ahmedabad police commissioner GS Malik said. On their first tour of India since the 2016 T20 World Cup, Pakistan were accorded a warm welcome in Hyderabad, where they played their first two matches.

Persons: Sardar Vallabhbhai Patel, Pakistan's Shaheen Shah Afridi, Amit Dave, Tushar Patel, Bharat Gadhavi, Hemish Patel, Patel, Airfare, Narendra Modi, Donald Trump, Anthony Albanese, GS Malik, Shaheen Afridi, Jasprit, Liyakat Khan, Samiya, Hasan Ali, Khan, Amlan Chakraborty, Ken Ferris Organizations: Cricket, ICC Cricket, Pakistan cricket team, India, India REUTERS, Ahmedabad Medical Association, Reuters, Nursing Homes Association, THREE, Control, BCCI, Australia, Pakistan, Asia, Indian Express, Thomson Locations: Ahmedabad, India, DELHI, AHMEDABAD, Pakistan, Indian, Mumbai, Hyderabad, Sri Lanka, New Delhi

☆ These top 5 dividend stocks will consistently increase payments to investors, and are poised to rebound during a surprisingly strong 4th quarter, according to the CIO at a $250 billion hedge fund
▼ + stars: | 2023-10-06 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Consensus estimates for the third quarter were recently lowered with expectations for flat revenue growth and slightly positive earnings growth. The three stocks below are also growing revenues, earnings, cash flows, and dividends as they have fundamentally attractive businesses that are less cyclical. Motorola Solutions (MSI) is a video and telecommunications equipment, software, systems, and services provider with an annual yield of 1.28%. It has an annual yield of 1.38%. And Eaton Corporation (ETN), is a power management company with an annual yield of 1.68%.

Persons: Saira Malik, Malik, I'm Organizations: Investors, Treasury, Retail, Walmart, Motorola Solutions, Linde, Eaton Corporation

☆ A viral rant about a grocery store customer who tried to buy over $1,000 of stuff using food stamps is dividing TikTok
▼ + stars: | 2023-09-07 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Someone tried to buy over $1,000 of groceries with food stamps at the supermarket chain Food Lion. A Food Lion worker posted on TikTok, saying the customer abandoned their carts and didn't end up paying. Insider was not able to independently confirm which branch of Food Lion Malik works at, or their position at the store. Food stamps are a blessing," read one comment. Representatives for Malik and Food Lion did not immediately respond to a request for comment from Insider sent outside regular business hours.

Persons: Malik, Food Lion Malik Organizations: Food, Service, Food Lion, Apple, ppl, FS, Pew Research Center, SNAP, US Department of Agriculture Locations: Wall, Silicon, American

☆ Citi says this networking equipment stock is an early AI play that can jump nearly 20%
▼ + stars: | 2023-08-31 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Arista Networks could be an early way to get into artificial intelligence, according to Citi. Analyst Atif Malik upgraded the networking equipment stock to buy from neutral and raised his price target to $220 from $177. He also said AI can create a business opportunity between $2 billion and $5 billion over the next three to five years. Malik said Arista's investor day in November could be a positive catalyst for the stock. ANET YTD mountain Arista Networks, year to date — CNBC's Michael Bloom contributed to this report

Persons: Atif Malik, Malik, hyperscaler capex, Michael Bloom Organizations: Arista Networks, Citi, Arista, Nvidia, Microsoft, Meta

☆ Amazon will soon let you pay for groceries with your palm at any Whole Foods—but tech experts urge caution
▼ + stars: | 2023-08-26 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +4 min

Amazon One is a type of biometric-based form of payment which uses your unique physical features, such as your face or palm print, to authorize payments. This means customers who sign up for the Amazon One program won't need their wallets or phones to pay for groceries. To its credit, Amazon says its palm scanners use liveness-detection technology and are able to tell the difference between a live palm and a fake one. Consumers should also be aware that the database where their biometric data is stored could potentially be hacked. It's important to understand that your biometric information is some of the most sensitive data you create, says Greer.

Persons: you'll, that's, Hafiz Malik, Malik, Evan Greer, Cynthia Rudin, Rudin, Greer, That's, Warren Buffett Organizations: Foods, University of Michigan, Corporations, CNBC, Duke University Locations: U.S

☆ Here's the trade on Nvidia ahead of earnings, according to analysts
▼ + stars: | 2023-08-20 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

NVDA YTD mountain NVDA has surged in 2023 Ahead of earnings Wednesday, analysts are weighing in on the forthcoming report and how to trade the earnings. Oppenheimer's Rick Schafer maintained an outperform rating on Nvidia and raised his price target to $500 per share up from $420. Elsewhere, Citi analyst Atif Malik reiterated both a buy rating and a $520 per share price target in a note last week. However, Deutsche Bank analyst Ross Seymour is more cautious on Nvidia stock heading into earnings, and reiterated a hold rating in Tuesday note. Seymour maintains a $440 per share price target, which forecasts roughly 2% upside from the stocks current trading levels.

Persons: Hans Mosesmann, Mosesmann, Oppenheimer's Rick Schafer, " Schafer, Wolfe, Chris Caso, " Caso, Atif Malik, Wall, Malik, Ross Seymour, Seymour, — CNBC's Michael Bloom Organizations: Nvidia, Rosenblatt Securities, Wolfe Research, Citi, Deutsche Bank, LT

☆ Analysts see more gains for Apple going forward, but some warn of mounting headwinds
▼ + stars: | 2023-08-04 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

AAPL YTD mountain Apple stock was trading lower after quarterly results. Apple doesn't provide official forward guidance and has not done so since 2020 over macroeconomic uncertainty. Morgan Stanley's Erik Woodring reiterated an overweight rating on Apple but lowered his price target to $215 from $220. Bank of America's Wamsi Mohan remained neutral on Apple, accompanied by a $210 price target that equates to roughly 10% upside. Rakers maintained an overweight rating on Apple stock with a $225 price target, or about 18% upside from Thursday.

Persons: Apple, Luca Maestri didn't, Apple doesn't, Morgan Stanley's Erik Woodring, Woodring, Morgan Stanley, America's Wamsi Mohan, Mohan, Citi's Atif Malik, Malik, Wells, Aaron Rakers, JPMorgan's Samik Chatterjee, Chatterjee, Goldman Sachs, Michael Ng, Apple's, Ng, — CNBC's Michael Bloom Organizations: Apple, America's

Microsoft is weaving AI into its own products, such as the $30-a-month "Copilot" assistant for its Microsoft 365 service that can summarize a day's worth of emails into a quick update. Microsoft's results show heavy spending on AI services ahead of commensurate revenue growth. For the segment that includes Azure, Microsoft forecast a first-quarter revenue range with a midpoint of $23.45 billion. Microsoft's forecast for its Windows segment had a midpoint of $12.7 billion, below analysts' estimate of $13.14 billion. Microsoft has started integrating AI functionality across its products such as Azure, Microsoft 365, GitHub and several developer tools.

Persons: Amy Hood, Hood, Satya Nadella, Yuvraj Malik, Devika Syamnath, Richard Chang Organizations: Microsoft, Wall, Nvidia Corp, Revenue, Alpha, Thomson Locations: Bengaluru

☆ Don't expect Nvidia's rally to lose steam, Citi says
▼ + stars: | 2023-07-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Analyst Atif Malik raised his price target by $100 to $520 while maintaining his buy rating. That share price would be more than four times higher where the stock finished 2022. But neither his price target or bull case are considered outlandish for the stock. Though both are above the average analyst's price target of $479.22, neither exceeds the highest price target on Wall Street of $767 per share, according to Refinitiv. In addition to the price target hike, Malik also raised his outlook for earnings per share in upcoming years.

Persons: Atif Malik, Malik, Maik, — CNBC's Michael Bloom Organizations: Nvidia, Citi, Devices Locations: Friday's, China

☆ Asian shares rise, dollar dips as traders await US inflation data
▼ + stars: | 2023-07-12 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

The Japanese yen strengthened against most major currencies and last fetched 139.43 against the dollar, its highest in a month. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.61% higher, while Australia's S&P/ASX 200 index (.AXJO) rose 0.54%. "However, if the core CPI decelerates as anticipated, investors may continue to keep the odds for September and November rate hikes low." China shares (.SSEC) eased 0.14%, while Hong Kong's Hang Seng Index (.HSI) rose 0.5% in early trading. The dollar index , which measures the U.S. currency against six peers, fell 0.197% at 101.40, having slid as low as 101.37, its lowest in two months.

Persons: Australia's, Hong, Rodrigo Catril, Wells, Saira Malik, Brent, Ankur Banerjee Organizations: Federal, Japan's Nikkei, Reuters, Saxo Markets, National Australia Bank, Investor, JPMorgan, Citigroup, New Zealand, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, China, Wall, dealmaking

☆ Zayn Malik Talks Life Since One Direction in His First Interview in Years
▼ + stars: | 2023-07-12 | by ( Rebecca Carballo | ) www.nytimes.com time to read: +1 min

During the interview, Mr. Malik told Ms. Cooper that around the time of his departure, the bandmates were beginning to clash. “We’d been together every day for five years and we’d got sick of each other, if we’re being completely honest,” Mr. Malik said, adding: “I look back on it now in a much fonder light than I would’ve as I’d just left. “I don’t want to go into too much detail, but there was a lot of politics going on. Some people didn’t want to sign contracts, so I knew something was happening,” he said. In response, Mr. Malik said he believed that the issue should stay within the family.

Persons: Malik, Cooper, We’d, we’d, we’re, Mr, “, ”, Yolanda Hadid, Gigi Hadid

SummaryCompanies Trial of first cargo a success - ministerPrivate refinery PARCO also asked to buy Russian oil - ministerDiscounted crude a boost amid Pakistan's strained financesISLAMABAD, July 12 (Reuters) - Pakistan is negotiating to buy a second shipment of discounted Russian crude oil, its petroleum minister said on Wednesday, highlighting the success of a first deal in helping the cash-starved nation. Musadiq Malik told reporters there was no scenario under which the country was "not benefiting" from Russian crude. "It will still benefit us," he said of the Russian oil. Malik said private entity Pak-Arab Refinery Limited (PARCO) had also been asked to import Russian crude. Islamabad is looking for Russian crude to account for one third of total oil imports.

Persons: Musadiq Malik, Malik, Asif Shahzad, Shivam Patel, Toby Chopra, Mark Potter Organizations: PARCO, Pakistan Refinery Limited, International Monetary Fund, Moscow, Arab Refinery, Energy, United, Thomson Locations: ISLAMABAD, Pakistan, Urals, Karachi, Russian, India, China, Ukraine, Moscow, Islamabad, Saudi Arabia, United Arab Emirates

☆ Apple's market value breaches $3 trillion mark again
▼ + stars: | 2023-06-30 | by ( Tiyashi Datta | ) www.reuters.com time to read: +2 min

Shares of Apple, which is also the world's most valuable- listed company, were up 1.6% at $192.6, after touching a record high of $193.15 during the day. They have jumped nearly 46% this year and, at the current price, the company's market value stands at around $3.02 trillion. Apple's market value briefly peaked at above $3 trillion in intra-day trading on Jan. 3, 2022, before closing the session just below that mark. Apple's 12-month forward price-to-earnings multiple (P/E), a common benchmark for valuing stocks, is 29.49, well above the sector median of 13.14, according to Refinitiv data. Currently, four other U.S. companies have a valuation of more than $1 trillion - Alphabet Inc (GOOGL.O), Amazon.com Inc (AMZN.O), Nvidia Corp (NVDA.O) and Microsoft Corp (MSFT.O), which is a close second with a market value of $2.49 trillion.

Persons: Atif Malik, Microsoft's, Tiyashi Datta, Anil D'Silva Organizations: Apple, Citigroup, Federal, Amazon.com Inc, Nvidia Corp, Microsoft Corp, Tesla, Nvidia, Reuters, Thomson Locations: Bengaluru

Discounted crude offers respite as Pakistan faces an acute balance of payments crisis, risking a default on its debt obligations. The first cargo of discounted Russian crude oil arranged under a new deal struck between Islamabad and Moscow earlier this year arrived in Karachi on Sunday. Pakistan's Refinery Limited (PRL) will initially refine the Russian crude, the minister said. Malik on Monday played down concerns around the financial viability and concerns about the ability of local refineries to process Russian crude given the South Asian country's historical importation of Middle Eastern petroleum products. "No adjustments (were) needed at the refinery to refine the Russian crude," the minister told Reuters.

Persons: Florence Lo, Malik Says, Musadik Malik, Pakistan's, Malik, Ariba Shahid, Asif Shahzad, Shilpa Jamkhandikar, Gibran, Philippa Fletcher, Toby Chopra Organizations: REUTERS, ., Karachi . Petroleum, Pakistan, Moscow, Pakistan's Refinery, Monday, Reuters, Energy, United, United Arab Emirates, Thomson Locations: Moscow, Islamabad, ISLAMABAD, Pakistan, Karachi, Russia, India, China, Ukraine, Saudi Arabia, United Arab

☆ TRYing times: The slide and fall of the Turkish lira
▼ + stars: | 2023-06-07 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

The central bank is however widely expected to get a new head in the coming days. Turkey's economy is no stranger to boom-and-bust cycles, oscillating between double-digit growth and contraction rates in recent years. 3/INFLATION PALPITATIONSA tumbling lira will fan fears over a fresh spike in inflation in the country which only last year saw it top 80%. "It's just so inevitable," Abrdn's head of local currency emerging market debt, Kieren Curtis, said referring to the lira's slump this week. He did add however that the compensation would be paid to depositors in lira rather than dollars or euros and that bill would be split between the Treasury and Central Bank.

Persons: Goldman Sachs, Ulrich Leuchtmann, Hasnain Malik, Erdogan, Tellimer's Malik, Kieren Curtis, Frank Gill, Tayyip Erdogan's, Karin Strohecker, David Evans Organizations: Wall, JPMorgan, FX, Reuters Graphics Reuters, International Monetary Fund, P Global, Treasury, Central Bank, Reuters, Thomson Locations: Ankara, Turkey, Commerzbank, Frankfurt, Tellimer

KARACHI, Pakistan, June 2 (Reuters) - Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including petroleum and natural gas, the Ministry of Commerce said on Friday. The government order, called the Business-to-business (B2B) Barter Trade Mechanism 2023 and dated June 1, lists goods that can be bartered. Sajid Amin, deputy director of the Sustainable Development Policy Institute, said Pakistan could gain particularly from oil and energy imports from Russia and Iran without adding to dollar demand. "While it may not solve currency smuggling, particularly at the Afghanistan border, it can discourage smuggling of goods from Iran, such as diesel, and Afghanistan which is hurting the economy," Amin added. In May, the Pakistan Petroleum Dealers Association complained that up to 35% of the diesel sold in Pakistan had been smuggled from Iran.

Persons: Sajid Amin, Amin, Pakistan's, Musadik Malik, Malik, Ariba Shahid, Asif Shahzad, Simon Cameron, Moore, David Holmes Organizations: Ministry of Commerce, State, Sustainable Development Policy Institute, Reuters, Pakistan Petroleum Dealers Association, Thomson Locations: KARACHI, Pakistan, Afghanistan, Iran, Russia

Nvidia chips have been at the heart of major tech tends from video games to self-driving cars, to cloud computing, and now AI - artificial intelligence. Born in Taiwan, Huang moved to the United States as a child, earning engineering degrees at Oregon State University and Stanford University. Its first big hits were specialized chips to power high-intensity motion graphics for computer games called graphics processing units (GPUs). Even then, Huang did not think of Nvidia as just a chip company. "Computer graphics is one of the most complex parts of computer science," Huang told an audience in Silicon Valley in 2021 while receiving a lifetime achievement award.

Persons: Jensen Huang, I've, Huang, grunting, Inc's, Jeff Bezos, Steve Jobs, ChatGPT, Stanford University . Huang, selfies, Curtis Priem, Chris Malachowsky, Andrew Ng, Yuvraj Malik, Samrhitha, Stephen Nellis, Ben Blanchard, Matthew Lewis, Sonali Paul, Jacqueline Wong Organizations: Nvidia Corp, Apple Inc, Oregon State University, Stanford University, Nvidia, Valley's Sequoia Capital, BET, Taiwan Semiconductor Manufacturing, Intel, Thomson Locations: Taiwan, United States, Taipei, Silicon Valley, Bengaluru, San Francisco

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