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☆ AMD says data center sales more than doubled in a year
▼ + stars: | 2024-07-30 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

AMD shares are down about 6% in 2024, even though the company is the second-largest vendor of data center GPUs after Nvidia . Investors want to see AMD take market share away from its longtime rival Nvidia with its MI300X AI chip and signal growth in its data center AI business. Earlier this year, AMD said it expected $4 billion in AI chips sales this year, or about 15% of the company's expected sales. AMD AI chip sales are reported in the company's Data Center segment, which grew 115% year-over-year to $2.8 billion, driven by an increase in AI GPU shipments, AMD said. Sales for PCs are reported in the company's Client segment, which rose 49% year-over-year to $1.5 billion, versus expectations of $1.43 billion from Street Account.

Persons: Lisa Su, Ryan Patel, Travis P, Su Organizations: SXSW, Austin Convention Center, Getty, Devices, AMD, Nvidia, company's, Data Locations: Austin , Texas

☆ Nvidia boss Jensen Huang joked that Jackie Chan should play him in a movie
▼ + stars: | 2023-11-06 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

Nvidia CEO Jensen Huang already has an actor in mind for a future biopic. Huang joked that Chinese actor Jackie Chan "looks just like me" during a conversation with host Ryan Patel. The Nvidia CEO has a net worth of over $40 billion, per Bloomberg Billionaires Index. The Nvidia CEO joked, "Jackie Chan, he looks just like me." His company, Nvidia, produces chips used to power AI and has seen its fortunes soar off the back of the generative AI boom this year.

Persons: Jensen Huang, Huang, Jackie Chan, Ryan Patel, —, Taylor Organizations: Nvidia, Bloomberg, Service, Oregon State University and Stanford Locations: Taiwan, Thailand

☆ Jensen Huang, who got an Nvidia tattoo when its share price hit $100, says he's not getting inked again
▼ + stars: | 2023-10-31 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Nvidia co-founder and CEO Jensen Huang had a wide-ranging interview with host Ryan Patel for HP's online show "The Moment." The CEO spoke about his sartorial choices, including his signature black leather jacket and Nvidia tattoo. However, he told the host he's unlikely to get inked again. AdvertisementAdvertisementNvidia CEO Jensen Huang got a tattoo of the company logo when its stock price hit $100 apiece — but he's probably not looking to get inked again. When asked how he felt about his status as a fashion icon thanks to his jacket, Huang had a modest response: "Don't give me that.

Persons: Jensen Huang, Ryan Patel, —, he's, you've, What's, Huang, Fortune Organizations: Nvidia, Service, YouTube

☆ 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

CHICAGO, May 17 (Reuters) - The U.S. supply chain is healing from early pandemic shocks that sent shipping costs skyrocketing and squeezed supplies of everything from toilet paper to pasta, but more than three years later, material shortages and hiring woes linger. Speakers from Walmart (WMT.N), Colgate-Palmolive (CL.N), Toyota (7203.T) and other companies will discuss their supply-chain strategies at the Reuters Events supply chain conference in Chicago on Wednesday and Thursday, as inflation and interest rate hikes threaten to tip the economy into recession. "Freight costs, logistics, have gone down significantly," said Mario Guerendo, who oversees global supply chain for vehicle engine maker Cummins Inc (CMI.N). After spending whatever it took to keep store shelves stocked during the early days of the pandemic, supply chain executives now are wringing out costs to shelter profits from eroding demand, said Alan Amling, distinguished fellow at the University of Tennessee's Global Supply Chain Institute. "That's a really good thing for the supply chain."

Speakers from Walmart (WMT.N), Colgate-Palmolive (CL.N), Toyota (7203.T) and other companies will discuss their supply-chain strategies at the Reuters Events supply chain conference in Chicago on Wednesday and Thursday, as inflation and interest rate hikes threaten to tip the economy into recession. "We've still got certain sectors that are up and some that are down, which was a feature of the pandemic," Croke said. That's even true within sectors, Croke added, pointing to recent manufacturing data, which remained depressed even as segments like motor vehicles reported gains. After spending whatever it took to keep store shelves stocked during the early days of the pandemic, supply chain executives now are wringing out costs to shelter profits from eroding demand, said Alan Amling, distinguished fellow at the University of Tennessee's Global Supply Chain Institute. "That's a really good thing for the supply chain."

☆ Do antidepressants prescribed for chronic pain work?
▼ + stars: | 2023-05-09 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —Around one-third of people globally live with chronic pain — pain experienced for more than three months — and millions of people are prescribed antidepressants to relieve the condition. However, a new review of prior research published Tuesday has found that most antidepressants used to relieve chronic pain are being prescribed without sufficient reliable evidence of their effectiveness. The studies mainly investigated three types of chronic pain: fibromyalgia, nerve pain and musculoskeletal pain. The most commonly prescribed antidepressant for chronic pain globally was amitriptyline, the study said. Anyone taking antidepressants for chronic pain relief should speak to their doctor before stopping their medication due to concerns over the new report, the authors stressed.

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