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SoftBank Group Corp.'s stock slid as much as 10% after the tech investor's exit from AI chipmaker Nvidia Corp. ... Provide news feedback or report an...

SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think.

Foxconn, the world's largest contract electronics maker, reported Wednesday that its third-quarter profit jumped 17% from a year earlier.

Foxconn Technology Group, the world’s largest electronics contract manufacturer, posted a 17 per cent rise in third-quarter profit on Wednesday, beating market forecasts, on sustained strength in demand for artificial intelligence servers. Net profit for the July-September period for Nvidia’s biggest server maker and Apple’s top iPhone assembler was T$57.67 billion (US$1.89 billion), higher than the consensus estimate of T$50.4 billion compiled by London Stock Exchange Group. Taiwan-based...

SoftBank Group sold its entire stake in Nvidia for US$5.83 billion to help bankroll artificial intelligence investments, even as investors question the amount of capital pouring into a technology with uncertain returns. Founder Masayoshi Son has been unwinding positions to pay for a plethora of AI projects, from Stargate data centres with OpenAI and Oracle to robot manufacturing sites in the US. The Nvidia exit coincides with a growing debate about whether spending by Big Tech firms like Meta...

SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think.

The stock dropped 2.3%. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

The stock jumped last month on news of a sweeping OpenAI restructuring that frees the startup from its non-profit roots. The startup is considering a...

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The Japanese conglomerate said Tuesday it sold 32.1 million shares of Nvidia in October.

Taiwan Semiconductor Manufacturing Co (TSMC) posted its slowest monthly revenue growth in more than a year, lending credence to concerns that the artificial intelligence stock rally is not justified by the industry’s business prospects. TSMC, the main contract manufacturer to AI chip leader Nvidia, posted a 16.9 per cent rise in sales for October, the slowest pace since February 2024. Still, that tracks with the average analyst estimate for a 16 per cent sales increase in the current quarter....

SoftBank Group Corp. sold its entire stake in Nvidia Corp. for $5.83 billion to help bankroll AI investments, even as investors question the amount of capital pouring into a technology with uncertain returns.

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The fate of two facilities in Santa Clara, California, highlights a major challenge for the US tech sector and indeed the wider economy.

Nvidia's three AI memory chip suppliers — SK Hynix Inc., Samsung Electronics Co. ... Nvidia CEO Jensen Huang News Conference. Why Is Nvidia the King of...

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The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. The chip, known as the B30A, can be utilized to...

Nvidia-backed startup Starcloud is working to create data centers in space. NBC News ... AI company Anthropic to pay $1.5 billion to settle author in...

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Nvidia CEO Jensen Huang said on Friday that there were “no active discussions” about selling the company’s state-of-the-art Blackwell chips to China. Blackwell is Nvidia’s current flagship artificial intelligence chip that the Trump administration has so far prevented from being sold to the world’s second-largest economy, for fear it would aid the Chinese military and the domestic AI industry. While there was speculation last week that talks between US President Donald Trump and Chinese...

... AI race,” comments he made on the sidelines of the news outlet's Future of AI Summit. Huang reportedly cited lower energy costs and looser...

Nvidia CEO Jensen Huang on Wednesday clarified his remarks warning that China would “win the AI ... More Technology News. See All · Technology · Google...

Google says Ironwood, the seventh generation of its Tensor Processing Unit, is more than four times faster than its predecessor chip.

Nvidia CEO Jensen Huang reportedly told the Financial Times that "China is going to win the AI race," before releasing a notably softer statement soon after.

Nvidia CEO Jensen Huang warned that China “is going to win” the race to develop next-generation artificial intelligence, urging Washington to speed up its efforts. The head of the world’s first company to reach US$5 trillion in market value told The Financial Times that Beijing’s energy subsidies were boosting its drive to build cutting-edge semiconductors used to power AI technology developments. “China is going to win the AI race,” the British newspaper cited him as saying on Wednesday at an...

Chip maker Nvidia will report second-quarter earnings today after the closing bell. Justin Sullivan | Getty Images News | Getty Images. Nvidia deepens...