Nvidia
Some of the key events about Nvidia
- 1993Founded as a graphics chip company in Santa Clara, California
- 1998Faced a class-action lawsuit over defective graphics chips in laptops
- 1999Released the GeForce 256, the world's first GPU (Graphics Processing Unit)
- 2001Introduced the nForce chipset, expanding into the motherboard market
- 2002Paid $70.7 million to settle a shareholder lawsuit alleging financial misstatements
- 2006Acquired PortalPlayer, entering the handheld device market
- 2007Launched CUDA, a parallel computing platform and programming model
- 2008Introduced the Tesla GPU computing product line for high-performance computing
- 2008Agreed to pay $850,000 to settle charges of option backdating
- 2009Paid $5.5 million to settle antitrust allegations related to graphics chips
- 2011Discovered a major security flaw in its Tegra chipsets
- 2014Unveiled the NVIDIA DRIVE automotive platform for autonomous vehicles
- 2015Recalled Shield tablets due to fire hazard from overheating batteries
- 2016Released the Pascal GPU architecture, significantly improving performance and efficiency
- 2018Introduced the Turing GPU architecture with real-time ray tracing capabilities
- 2018Faced criticism for inadequate disclosure of cryptocurrency mining impact on financial results
- 2019Agreed to pay $5.5 million to settle charges of inadequate disclosures about cryptomining
- 2020Completed the acquisition of Mellanox Technologies, expanding into data center networking
- 2020Faced backlash for artificially limiting mining capabilities on RTX 3060 graphics cards
- 2022Fined $5.5 million by SEC for inadequate disclosures about cryptomining's impact on gaming business
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
Nvidia Latest news
AI's Energy Appetite Sparks Nuclear Power Revival Debate
October 7 2024, 10:12 AM • 561 viewsShort Seller Andrew Left Seeks Dismissal of SEC Market Manipulation Lawsuit
October 4 2024, 10:44 PM • 3293 viewsU.S. Supreme Court Tackles Diverse Cases in New Term
October 4 2024, 05:28 PM • 357 viewsOpenAI Secures $6.6 Billion in Funding, Valued at $157 Billion
October 2 2024, 05:16 PM • 504 viewsCerebras Systems' AI Chip IPO: A Mirage in the Desert of Tech Hype?
October 2 2024, 04:50 PM • 338 viewsEdge AI: The Next Frontier in Smartphone Innovation
October 2 2024, 12:57 AM • 3693 viewsOpenAI's $150 Billion Valuation Amid Leadership Shifts and Restructuring Plans
September 29 2024, 02:05 PM • 439 viewsUAE Bolsters US Ties Amid Tech Focus and Defense Partnership
September 27 2024, 08:33 PM • 380 viewsAsian Markets Mixed as Fed Meeting Looms; U.S. Stocks Hit New Highs
September 17 2024, 08:25 AM • 712 viewsSupreme Court's New Term: Regulatory Power and Corporate Lawsuits in Focus
September 16 2024, 05:48 PM • 771 viewsOpenAI's $150 Billion Valuation: Balancing AI Potential and Risks
September 16 2024, 02:32 PM • 557 viewsAsian Markets Mixed as U.S. Stocks Near Records Amid Economic Data
September 13 2024, 07:46 AM • 567 viewsWhite House Hosts AI Summit: Focus on US Infrastructure and Collaboration
September 12 2024, 10:38 PM • 279 viewsAsian Markets Surge as Tech Giants Drive Wall Street Gains
September 12 2024, 05:27 AM • 862 viewsTaiwan's Exports Soar to Record High, Driven by AI Chip Demand
September 9 2024, 09:35 AM • 486 viewsAsian Markets Tumble Amid U.S. Job Market Concerns and Economic Worries
September 9 2024, 05:38 AM • 656 viewsTech Stocks Lead U.S. Market Decline Amid Economic Uncertainty
September 6 2024, 07:32 PM • 505 viewsDoJ Escalates Antitrust Probe into Nvidia with Subpoena Issuance
September 3 2024, 09:08 PM • 1841 viewsTech Slump and Manufacturing Woes Trigger Sharp Market Decline
September 3 2024, 08:25 PM • 1385 viewsIndian Shares Poised for Record High Amid Economic Data Anticipation
August 30 2024, 03:01 AM • 2734 viewsAsian Markets Dip as Investors Eye U.S. Economic Data and Tech Sector
August 29 2024, 07:02 AM • 7052 viewsIndian Shares Poised for Slight Dip Amid Global Market Trends
August 29 2024, 03:06 AM • 1033 viewsNvidia's Q2 Results Calm AI Bubble Fears, Showcasing Sustained Chip Demand
August 28 2024, 10:10 PM • 5807 viewsNvidia's AI Boom: Record Revenues and Market Valuation Surge
August 28 2024, 09:45 PM • 1339 viewsSuper Micro's Stock Plummets Amid Delayed Report and Accounting Concerns
August 28 2024, 05:34 PM • 1239 viewsUK Markets Open Flat as Investors Eye Economic Data and Nvidia Results
August 28 2024, 07:48 AM • 1035 viewsIndian Shares Poised for Flat Open as Markets Near Record Highs
August 28 2024, 03:05 AM • 1368 viewsIndian Shares Poised for Flat Open as Global Rally Pauses
August 27 2024, 03:04 AM • 4317 viewsSupreme Court to Address Securities Class Action Standards in Nvidia, Meta Cases
August 21 2024, 09:05 PM • 495 viewsAsian Markets Rise as Global Stocks Near Record Highs
August 20 2024, 03:36 PM • 194 viewsAI's Energy Appetite Sparks Nuclear Power Revival Debate
Surging AI demands prompt nuclear plant reopenings, igniting discussions on energy future. Economic hurdles and safety concerns challenge nuclear's comeback against renewables in the race to meet growing power needs.
Short Seller Andrew Left Seeks Dismissal of SEC Market Manipulation Lawsuit
Andrew Left, founder of Citron Capital, requests dismissal of SEC lawsuit alleging market manipulation through misleading social media comments. Trial set for September 2025 as Left denies charges.
U.S. Supreme Court Tackles Diverse Cases in New Term
The U. S. Supreme Court begins its new term, addressing issues from gun rights to transgender care. Key cases involve "ghost guns," online pornography, and corporate fraud allegations.
OpenAI Secures $6.6 Billion in Funding, Valued at $157 Billion
OpenAI completes a $6. 6 billion funding round, reaching a $157 billion valuation. The AI company faces leadership changes and debates over its commercial direction, as it continues to shape the future of artificial intelligence.
Cerebras Systems' AI Chip IPO: A Mirage in the Desert of Tech Hype?
Cerebras Systems aims to challenge Nvidia's AI chip dominance with its IPO, but heavy reliance on a single customer and high valuation raise concerns about its long-term prospects in the booming AI market.
Edge AI: The Next Frontier in Smartphone Innovation
As cloud-based AI faces challenges, edge AI emerges as a promising solution. This shift could revolutionize smartphones, benefiting manufacturers and chip makers while addressing privacy concerns.
OpenAI's $150 Billion Valuation Amid Leadership Shifts and Restructuring Plans
OpenAI faces leadership changes and considers restructuring while pursuing a $150 billion valuation. The AI giant grapples with rapid growth, antitrust scrutiny, and the challenge of balancing its nonprofit roots with investor interests.
UAE Bolsters US Ties Amid Tech Focus and Defense Partnership
UAE reinforces US relations following presidential visit, gaining major defense partner status. Focus on AI cooperation and meetings with tech leaders highlight strategic priorities.
Asian Markets Mixed as Fed Meeting Looms; U.S. Stocks Hit New Highs
Asian markets show mixed performance ahead of crucial Fed meeting. U.S. stocks reach new highs, with Dow Jones surpassing previous record. Investors eagerly await potential interest rate cut decision.
Supreme Court's New Term: Regulatory Power and Corporate Lawsuits in Focus
The U. S. Supreme Court's upcoming term features cases that could further limit federal agency authority and impact securities fraud lawsuits against tech giants, continuing a trend of regulatory rollback.
OpenAI's $150 Billion Valuation: Balancing AI Potential and Risks
OpenAI's potential $150 billion valuation raises questions about AI's future impact and risks. Investors weigh enormous market potential against regulatory challenges and skepticism about AI capabilities.
Asian Markets Mixed as U.S. Stocks Near Records Amid Economic Data
Asian stocks showed mixed performance as U. S. markets approached record levels. Economic reports and central bank expectations influenced market sentiment, while oil prices saw modest gains.
White House Hosts AI Summit: Focus on US Infrastructure and Collaboration
Biden administration officials met with AI industry leaders to discuss US data center development and infrastructure needs. The talks emphasized public-private partnerships and addressing the sector's workforce requirements.
Asian Markets Surge as Tech Giants Drive Wall Street Gains
Asian shares rise, buoyed by Wall Street's tech-driven rally. Japan's Nikkei 225 soars 2.8% amid currency fluctuations and concerns over Nippon Steel's U.S. acquisition bid.
Taiwan's Exports Soar to Record High, Driven by AI Chip Demand
Taiwan's exports hit an all-time monthly high of $43. 64 billion in August 2024, surpassing expectations. The growth was fueled by strong demand for AI chips and holiday season preparations.
Asian Markets Tumble Amid U.S. Job Market Concerns and Economic Worries
Asian stocks fell following weak U. S. job data, sparking economic concerns. Japan's GDP growth disappoints, while Chinese markets face losses due to inflation data, impacting global financial sentiment.
Tech Stocks Lead U.S. Market Decline Amid Economic Uncertainty
U. S. markets fell on Friday, with tech stocks hit hard. Investors grapple with mixed economic data and potential interest rate changes, leading to increased market volatility.
DoJ Escalates Antitrust Probe into Nvidia with Subpoena Issuance
The U. S. Department of Justice intensifies its antitrust investigation into Nvidia, issuing subpoenas amid concerns over the company's market practices. This development impacts Nvidia's stock price amidst recalibrating AI expectations.
Tech Slump and Manufacturing Woes Trigger Sharp Market Decline
Major stock indexes plummeted as weak manufacturing data and tech sector struggles reignited economic concerns. The Nasdaq fell 3.3%, while investors await the August jobs report and Federal Reserve's next move.
Indian Shares Poised for Record High Amid Economic Data Anticipation
Indian stock market set to open at all-time high, buoyed by global gains and domestic inflows. Investors await crucial economic data as Nifty 50 continues its impressive winning streak.
Asian Markets Dip as Investors Eye U.S. Economic Data and Tech Sector
Asian shares mostly declined as markets shifted focus to upcoming U. S. economic data. Nvidia's earnings report and its impact on tech stocks influenced global market sentiment.
Indian Shares Poised for Slight Dip Amid Global Market Trends
Indian shares expected to open lower, influenced by global market trends. Reliance Industries in focus after media merger approval. Investors await U.S. economic data and Reliance's AGM.
Nvidia's Q2 Results Calm AI Bubble Fears, Showcasing Sustained Chip Demand
Nvidia reports $30 billion Q2 revenue, up 122% year-over-year, easing concerns about AI investment bubble. Strong sales to tech giants fuel growth, despite some analyst skepticism.
Nvidia's AI Boom: Record Revenues and Market Valuation Surge
Nvidia's latest quarterly results showcase unprecedented growth, driven by AI semiconductor demand. The tech giant's market value soars, rivaling industry leaders and significantly impacting S&P 500 gains.
Super Micro's Stock Plummets Amid Delayed Report and Accounting Concerns
Super Micro Computer's shares dropped 25% following a delayed annual report filing and accusations of accounting manipulation by Hindenburg Research. The company faces scrutiny over financial controls and past issues.
UK Markets Open Flat as Investors Eye Economic Data and Nvidia Results
FTSE 100 and FTSE 250 remain steady as pharmaceuticals and insurers lead slight gains. Market anticipates key economic data and Nvidia's earnings for insights on Fed rate cuts and AI-driven rally.
Indian Shares Poised for Flat Open as Markets Near Record Highs
Indian stock market expected to open steady near all-time highs. Investors cautious ahead of key economic data, with profit-taking anticipated in overheated sectors.
Indian Shares Poised for Flat Open as Global Rally Pauses
Indian stock market expected to open steady near record highs. Global markets pause on U.S. rate cut anticipation, while oil prices rise due to Middle East tensions.
Supreme Court to Address Securities Class Action Standards in Nvidia, Meta Cases
The U. S. Supreme Court is set to review two significant cases involving Nvidia and Meta, which could reshape the landscape of shareholder class actions. Business groups have filed amicus briefs, highlighting the cases' broader implications.
Asian Markets Rise as Global Stocks Near Record Highs
Asian stocks mostly advanced, mirroring Wall Street's upward trend. China maintained lending rates, while Australia's central bank emphasized inflation control. Markets await Fed Chair Powell's speech at Jackson Hole.