Nvidia

AI euphoria: reality check hits the software market

Amid tech stock struggles and 'Software-mageddon' fears, we examine if Nvidia's results will soothe anxieties, also Asia’s chip rally and Japan’s spending risks.

Nvidia expects fiscal first-quarter sales of US$78 billion, plus or minus 2 per cent, compared with analysts’ average estimate of US$72.60 billion.

Nvidia’s results beat estimates, but Wall Street wants more cash return 

Its adjusted profits came in at US$1.62 per share, compared with estimates of US$1.53

The administration has said shipping advanced AI chips to China discourages Chinese competitors from redoubling efforts to catch up with the most advanced chip designs.

China has not yet received any Nvidia H200 chips, US official says

For now, shipments of the chips remain stalled over guardrails built into the process

From left: Singtel Digital InfraCo CTO Manoj Prasanna Kumar, Digital InfraCo CEO Bill Chang, Senior Minister of State (Digital Development and Information) Tan Kiat How, and Nvidia solutions senior vice-president Marc Hamilton.

Singtel’s Digital InfraCo, Nvidia launch applied AI centre to power Singapore’s innovation capabilities

With the centre, large enterprises can get help in deploying AI solutions more quickly and cheaply, backed by Singtel and Nvidia’s resources

Arm’s technology underpins most of the world’s advanced semiconductors, and its independence was seen as a crucial asset.

Nvidia sells off stake in Arm, a company it once tried to buy

The world’s most valuable company has become a major investor across the technology industry

Nvidia’s announcement also comes as Meta is developing its own AI chips and is in discussions with Google about using that company’s TPUs for AI work.

Nvidia to sell Meta millions of chips in multiyear deal

It also includes standalone installations of its Grace and Vera central processors

 Nvidia CEO Jensen Huang has lost US$8 billion since late January as mounting anxiety over the costs and potential of AI weigh on the company’s shares.

Nvidia’s Jensen Huang falls out of world’s 10 richest ranking

Three members of Walmart’s founding Walton family overtake the tech billionaire