Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports - Reuters

Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports  Reuters

Strong AI chip demand fuels Nvidia’s Q2 results well beyond Wall Street’s expectations - AP News

Strong AI chip demand fuels Nvidia’s Q2 results well beyond Wall Street’s expectations  AP News

Nvidia revenue doubles on continued AI demand

Chipmaker's $96bn quarter beat forecasts as demand for AI hardware continues to accelerate.

Nvidia Discussed Buying AI Startup Hugging Face, Insider Says

Nvidia Corp. held talks about acquiring Hugging Face in a deal that would potentially value the AI startup at more than $13 billion, according to Business Insider.

By Nick Turner and Ian King

Nvidia’s Profit Doubles to $59.69 Billion Thanks to A.I. Spending

Quarterly revenue also more than doubled, to $96.22 billion, the company said, topping expectations on Wall Street.

By Kalley Huang

Nvidia sales more than double to $96bn on bumper AI demand

Chip giant’s data centre division grew 117% as clients race for computing power

Nvidia’s quarterly revenue doubles to nearly $100bn as CEO declares ‘golden age’

The $5tn firm beat Wall Street expectations for yet another blockbuster quarter, though the stock made only modest gains Nvidia announced on Wednesday that its quarterly revenue had doubled in a year to nearly $100bn. Jensen Huang, the founder and CEO, jubilantly declared that demand is accelerating as the AI industry had reached a “golden age”. The chipmaker, the most valuable company in the world with a $5tn market cap, brought in $96.2bn in revenue, beating Wall Street expectations of $92b...

By Johana Bhuiyan

Revenues at Nvidia more than double to $96bn - The Times

Revenues at Nvidia more than double to $96bn  The Times

Thursday's big stock stories: What’s likely to move the market in the next trading session

The S&P 500 closed Wednesday not too far from where it began as investors waited for Nvidia to post its results. The chipmaker's stock was higher after hours.

Nvidia bounce shows Wall Street’s AI obsession is far from over

Shares pick up in extended trading after CEO Jensen Huang says AI has reached ​an inflection point

By Lewis Krauskopf and Laura Matthews

Salesforce Stock Surges on Better-Than-Expected Earnings - Barron's

Salesforce Stock Surges on Better-Than-Expected Earnings  Barron's

CrowdStrike’s stock soars after AI fuels the cybersecurity company’s ‘best quarter in history’

Shares of CrowdStrike Holdings were roaring after the cybersecurity company revealed a record-breaking quarter, one partially boosted by fears about the power of artificial intelligence.

By William Gavin

Nvidia has been in talks to acquire Hugging Face for more than $13 billion

Nvidia CEO Jensen Huang Bloomberg/Getty Images Nvidia has been in talks to acquire Hugging Face for more than $13 billion. The companies have not reached a deal, and the talks could still fall apart. Hugging Face also met with Microsoft, which did not result in a deal. Nvidia has been in talks to acquire Hugging Face, the popular AI platform for sharing and building with open-source models, in what could be one of the chip giant's biggest deals yet. The two parties have had serious acquisit...

Nvidia Posts $96 Billion Quarter As AI Boom Powers 106% Growth In A Year

The AI behemoth forecasts revenue will top $100 billion in Q3.

By Fiona Riley, Forbes Staff

Nvidia gave its first-ever year-ahead forecast—a 70% growth bombshell meant to silence AI bubble critics and ‘circular financing’ doomsayers

Nvidia’s stock climbed more than 4% in after-hours trading after delivering a blowout quarter and projecting $100 billion more revenue than analysts were expecting for next fiscal year.

By Amanda Gerut

NVIDIA Corporation (NVDA) & Blackstone (BX): Nvidia Wants Wall Street to Lend Against AI Chips Like They’re Mortgages

Global Market Today: Nasdaq futures, Asian stocks rise on Nvidia outlook

Contracts for the tech-heavy Nasdaq 100 Index climbed 1.2%, while those for the S&P 500 Index added 0.6% after Nvidia signaled strong sales growth in 2028. The company’s shares rallied 4.2% in extended trading. The upbeat outlook also lifted other AI stocks, including Marvell Technology Inc. and Sandisk Corp., in after-hours trading.

Seoul stocks open sharply higher on robust earnings from Nvidia

Seoul stocks opened sharply higher Thursday as Nvidia's market estimate-beating strong earnings helped ease woes over a slowdown in demand for semiconductors. The benchmark Korea Composite Stock Price Index (Kospi) rose 159.24 points, or 2.34 percent, to 6,967.45. Overnight, major stock indexes on Wall Street closed lower, with the S&P 500 and the tech-heavy Nasdaq inching down 0.02 percent and 0.08 percent, respectively. Nvidia's second-quarter earnings, revealed after the closing bell, eased f

By The Korea Herald

Strong AI chip demand fuels Nvidia's Q2 results well beyond Wall Street's expectations

(AP) -- Nvidia's latest quarterly results once again blew past Wall Street's expectations as revenue for the computer chip company's high-end artifici

Nvidia agrees to buy Hugging Face for $12.9 billion, the Information reports

(LEAD) Seoul stocks open sharply higher on robust earnings from Nvidia

SEOUL, Aug. 27 (Yonhap) -- Seoul stocks opened sharply higher Thursday as Nvidia...

By Kang Jae-eun

Nvidia makes bold $108B promise in blockbuster earnings, but issues a warning

Nvidia has made two bold promises to investors, setting expectations low as memory shortages constrain the company's growth prospects.

By Noah Weidner

Asian stocks rise for third day as Nvidia beats

By Reuters

Santam suffers R1.5bn in weather-related losses, but first-half earnings still up - News24

Santam suffers R1.5bn in weather-related losses, but first-half earnings still up  News24

Nvidia Q2 revenue jumps 106 pct to 96.22 bln USD - The Star

Nvidia Q2 revenue jumps 106 pct to 96.22 bln USD  The Star

Nvidia Rises After Solid Earnings, Reversing Margin Concerns As Company Guides To 70% 2028 Revenue Growth

Nvidia Rises After Solid Earnings, Reversing Margin Concerns As Company Guides To 70% 2028 Revenue Growth Update (5:10pm): NVDA stock is very volatile, and after sliding 3% at first on solid earnings but weak margin guidance, the stock has since recovered and is up over 5% as the earnings call begins, on the following comments from Jensen Huang: *NVIDIA CFO SAYS SEEING DEMAND ACCELERATION EVEN AT OUR SCALE *NVIDIA CFO SAYS REVENUE TO GROW ABOUT 70% IN FISCAL 2028 *NVIDIA CFO SAY...

By Tyler Durden

Transcontinental Inc. – Release of Third Quarter 2026 Results and Conference Call - Taiwan News

Transcontinental Inc. – Release of Third Quarter 2026 Results and Conference Call  Taiwan News

Overcoming a disappointing first quarter, Mexico is now one of the OECD’s top-growing economies

While many of the world's strongest economies — including the United States, the United Kingdom, Japan and Germany — slowed down in the second quarter, Mexico's economy grew 1.4% from April to June. The post Overcoming a disappointing first quarter, Mexico is now one of the OECD’s top-growing economies appeared first on Mexico News Daily

By MND Staff