The world’s most important chip maker expects revenue to climb 20% this year. But the incredible cost of meeting outsize demand is starting to eat away at the bottom line.
Browsing: Nvidia
Car makers slashed production. PlayStations got harder to find in stores. Broadband providers faced months-long delays for Internet routers. The reason? An abrupt and cascading shortage of semiconductors.
Nvidia forecast second quarter revenue above analysts’ estimates on Wednesday. However, it could not say how much of its recent revenue rise was driven by the cryptocurrency market.
Just three months after Taiwan’s TSMC shocked investors with a record spending plan, the world’s most important chip maker doubled down with an even bigger budget.
It has become nearly impossible for an average person to buy an Nvidia graphics card unless they’re willing to pay triple the list price.
Nvidia plans to make a server processor chip based on technology from ARM, putting it in the most direct competition yet with rival Intel.
ARM, the British technology firm whose chip technology powers most of the world’s smartphones, on Tuesday released a new generation of technology aimed at taking over data centres and artificial intelligence applications.
The UK’s digital minister warned he had “very grave concerns” about Facebook’s plans to expand end-to-end encryption across all user communications.
Nvidia forecast better-than-expected financial first quarter revenue on Wednesday, with its flagship gaming chips expected to remain in tight supply for the next several months.
The European Union and the UK are preparing to launch “in-depth” investigations into Nvidia’s proposed US$40-billion acquisition of chip designer ARM from SoftBank Group, the Financial Times reported.