High-flying C3.ai shares slump as sobering forecast dampens AI hype
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast…
Category: Technology
Nvidia rally: Retail investors stay out on growing slowdown worries
By Medha Singh (Reuters) – The rally in the shares of Nvidia Corp that briefly propelled its market value to…
Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook
(Reuters) – Shares of Intel Corp rose about 5% after the chipmaker’s finance chief said on Wednesday that the company…
AI boom triples valuation of Lightmatter, US startup using light for computing
By Jane Lanhee Lee OAKLAND, California (Reuters) – Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday…
China was top market for Tesla Model Y, world’s best-selling car in Q1
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – China was the biggest market for Tesla’s Model Y electric…
Nvidia briefly joins $1 trillion valuation club
By Akash Sriram and Samrhitha A (Reuters) – Nvidia Corp briefly joined an elite club of U.S. companies sporting a…
Nvidia to build Israeli supercomputer as AI demand soars
By Steven Scheer JERUSALEM (Reuters) – Nvidia Corp said on Monday it was building Israel’s most powerful artificial intelligence (AI)…
Nvidia, MediaTek partner on connected car technology
By Joseph White DETROIT (Reuters) -Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power…
China, South Korea agree to strengthen talks on chip industry – Chinese commerce ministry
BEIJING (Reuters) – China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains, amid…
Marvell’s shares get AI boost a day after Nvidia’s surge
(Reuters) – Shares of Marvell Technology soared about 23% on Friday after the chipmaker became the latest to project a…