Text size The company’s new Ampere chip design is being adopted by the likes of Amazon, Google and Microsoft for their cloud operations. Justin Sullivan / Getty Images As much as Nvidia wants investors to think of it as a data center company, in some ways that transformation remains incomplete. …
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Nvidia Corp. could come to dominate the data center in the way Apple Inc. did. smartphones did, according to one analyst amid several glowing reports from Wall Street after the chip company reported a spectacular quarter and outlook. Nvidia NVDA, + 3.64% shares traded up plus-minus 2% on Thursday, closing …
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Text size Photo by Alexander Koerner / Getty Images Intel shares are on the rise after the chip company announced an accelerated $ 10 billion program for purchase. Following the completion of the repurchase, Intel said it will have $ 17.6 billion in purchases from the $ 20 billion authorization …
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Long-term threats from both the US and China to dismantle the two countries’ interdependent tech economies are finally giving way to reality. Why it matters: A divorce will be messy, with a lot of near-term pain on both sides. And the end result may be a reduced, more fractured world …
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Text size Brick-and-mortar retailers make up the bulk of revenue reports this week. Walmart, Home Depot, and Kohl released their second-quarter results on Tuesday, followed by Lowe’s, Doel, TJX, and L Markets on Wednesday. Ross Stores reports Thursday. Non-retail names releasing results this week include Nvidia and analog devices on …
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