According to Statista, the AI market is expected to increase at a compound annual growth rate (CAGR) of 26.6% over the next five years. That's slower than Nvidia's current revenue growth. If you can imagine Nvidia keeping up such a CAGR for its own sales, keeping its price-to-sales ratio constant, that would lead to its stock price nearly tripling.

What no one expected was that the RTX 3050 would still have some sort of relevance more than three years later. The latest version of GPU-Z has added support for a new RTX 3050 A variant. This would make it to be the fifth version of the GPU since its debut in 2022,

China's Huawei Technologies showed off an AI computing system on Saturday that one industry expert has said rivals Nvidia's most advanced offering, as the Chinese technology giant seeks to capture market share in the country's growing artificial intelligence sector.

Nvidia ( NVDA -0.12%) is considered a pioneer in the artificial intelligence (AI) hardware market, and rightly so, as the chip designer's graphics processing units (GPUs) have allowed cloud computing companies and others to train AI models and run inference applications.

According to ComputerBase Nvidia and MediaTek's chip may only have 8 or 12 CPU cores instead of 20. Benchmark leaks of the Nvidia's GB10 Arm superchip (via Notebookcheck) suggest single-core performance reaching 2,960 and multicore at 10,682.

In automotive, MediaTek’s Dimensity Auto cockpit platform now integrates Nvidia RTX GPUs for advanced in-vehicle graphics and compute tasks. On the edge AI front, Nvidia’s TAO toolkit works alongside MediaTek’s NeuroPilot SDK, streamlining model training and deployment.

During the Q2 earnings call, Alphabet's management updated some details of its financial guidance. Alphabet now plans to spend around $85 billion on capital expenditures (capex) in 2025. Of note, this is a $10 billion increase over the company's prior guidance.

Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.

SK Hynix flagged plans to lift spending this year on advanced chipmaking after posting a record quarterly profit on Thursday, boosted by strong demand for artificial intelligence chips and customers stockpiling ahead of potential U.

The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.

Elon Musk mentions the ambitious five-year goal after Sam Altman announced plans to run 'well over 1 million GPUs by the end of this year' and scale up the compute power by 100x.