US President Donald Trump has backed former Apple CEO Tim Cook to replace Jensen Huang as the chief executive of Nvidia, saying there was “only one man” suited to take over the role. In a post on Truth Social, Trump praised Huang’s work and said…
Category: Tech
Meet Colette Kress, Nvidia’s interim CEO who ranks among America’s richest self-made women – CNBC TV18
For more than a decade, Colette Kress has been one of the most familiar faces in Nvidia’s boardroom, even if she has rarely commanded the spotlight reserved for its co-founder and former chief executive, Jensen Huang. Now, with Huang’s sudden exit, the spotlight has shifted…
Nvidia shares plunge 35% from peak, chipmaker slips to third spot in global market cap rankings – CNBC TV18
Nvidia, which was recently the world’s most valuable company with a market capitalisation exceeding $5 trillion, has lost its dominance in the global market-cap rankings, slipping to third place on Thursday after its shares plunged more than 14%. Apple retained the top spot with a…
Microsoft Down: Outage impacts Outlook and other 365 services – What we know so far – CNBC TV18
A widespread outage seen across Microsoft on Thursday, November 12, has impacted millions of users across regions, according to website Downdetector.com. The outage, which, as per reports, began at 1 PM local time, has impacted Microsoft 365 servers, with over 1,30,000 people reporting issues with…
AI can bring productivity gains with job risks; impact on India not yet clearly visible: Moody’s – CNBC TV18
Artificial intelligence could boost productivity while displacing jobs in emerging market economies with significant exposure to the IT services and BPO sectors, but the impact is not yet clearly visible in India, Moody’s Ratings said on Thursday. In its Global Emerging Markets outlook 2027 report,…
Nvidia’s Asian supply chain prepares for life after Huang – CNBC TV18
US chip giant Nvidia’s partners and suppliers across Asia, from memory chip powerhouse South Korea to advanced chipmaking hub Taiwan, are redrawing plans in case Chief Executive Jensen Huang is ousted over reports of two extramarital affairs. Nvidia’s board is meeting late on Wednesday to…
Nvidia customer Megaspeed says it cooperated with US inspections, takes export control laws seriously – CNBC TV18
Singapore-based cloud computing firm Megaspeed said on Thursday that it takes compliance obligations under US export control laws ”extremely seriously” and that it has cooperated with US inspections. The company has been in the spotlight following reports that Nvidia CEO Jensen Huang had an affair…
US humanoid robot production could hit 400,000 by 2030 as deployment ramps, JPMorgan says – CNBC TV18
Humanoid robot production in the US is expected to reach 300,000-400,000 units by 2030 and around 1.5 million units by 2035, according to JPMorgan. The industry is moving beyond demonstrations towards commercial deployment, the brokerage said on Thursday (November 12). Labour shortages, improving economics and…
China warns US against using Nvidia controversy as pretext for tighter chip curbs – CNBC TV18
China has warned the US against using the controversy surrounding Nvidia CEO Jensen Huang and his affair with a Chinese businesswoman suspected by US intelligence of links to Beijing as a pretext for tighter curbs on Nvidia’s advanced AI chips. The Nvidia CEO’s reported affair…
Chinese AI firms rush to rent overseas Nvidia computing power amid US restrictions concern – CNBC TV18
Chinese artificial intelligence companies are trying to rent Nvidia-powered computing capacity at data centres outside China, concerned that a scandal involving the US chipmaker’s chief executive Jensen Huang could spur Washington to tighten restrictions on their remote use of advanced processors, three people familiar with…