March 31, 2026 4:30 PM

Four semiconductor plants to be ready in India this year, says Ashwini Vaishnaw

Union Electronics and Information Technology Minister Ashwini Vaishnaw on Tuesday said four semiconductor plants are expected to be ready in India by 2026, as he outlined an accelerated roadmap for the sector following the inauguration of a new facility in Gujarat. In comments after Prime Minister Narendra Modi inaugurated the Kaynes Semicon's OSAT plant in Sanand, Vaishnaw said: "In 2026, four plants will be ready, and two plants in 2027. India’s first fabrication unit will be ready in Dhole...

January 29, 2026 9:26 AM

Nvidia, Microsoft, Amazon in talks to invest up to $60 billion in OpenAI

Nvidia , Amazon and Microsoft are in talks to invest up to $60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI's AI models, is in talks to invest up to $30 billion, The Information said, citing a person with knowledge of the situation. Microsoft, a longstanding backer, is in talks to invest less than $10 billion, the report said. It added that Amazon, which would be a new investor, is in discussions to invest significantly more th...

November 3, 2025 9:14 AM

Trump says China, other countries can’t have Nvidia’s top AI chips

Artificial intelligence giant Nvidia's most advanced chips will be reserved for U.S. companies and kept out of China and other countries, U.S. President Donald Trump said. During a taped interview that aired on Sunday on CBS' "60 Minutes" program and in comments to reporters aboard Air Force One, Trump said only U.S. customers should have access to the top-end Blackwell chips offered by Nvidia, the world's most valuable company by market capitalization. "The most advanced, we will not let anyb...

October 29, 2025 3:29 PM

AI Rally Propels Nvidia Toward Historic $5 Trillion Benchmark

Nvidia was set to open above a $5 trillion market value on Wednesday, becoming the first company to reach the milestone after a powerful rally that has made the chip designer the centerpiece of the artificial intelligence boom. Shares of the Santa Clara, California-based company jumped 2.8% in premarket trade after CEO Jensen Huang announced $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. government. The milestone marks Nvidia‘s evolution from a niche ...

September 18, 2025 4:49 PM

Nvidia bets big on Intel with $5 billion stake and chip partnership

Nvidia on Thursday said it will invest $5 billion in Intel, throwing its heft behind the struggling U.S. chip foundry, but stopped short of giving Intel a crucial manufacturing deal. The pact, which also includes a plan for Intel and Nvidia to jointly develop PC and data center chips, represents a potential risk to Taiwan’s TSMC. TSMC currently manufactures Nvidia’s flagship processors, business that the world’s most valuable company could one day extend to Intel. AMD, which competes with...

August 27, 2025 3:46 PM

Dominant AI trade confronts test as bellwether Nvidia reports earnings

The artificial intelligence theme that has propelled markets over the past couple years faces a crucial moment on Wednesday, when bellwether Nvidia Corp  reports its second-quarter results. Technology shares, including a number of signature stocks in the AI trade, have wobbled this month with investors pointing to some signs of caution emerging in the AI industry. The declines have taken some of the steam out of an array of tech and other stocks that have sizzled since chatbot ChatG...

July 16, 2025 10:21 AM

Nvidia’s resumption of AI chips to China is part of rare earths talks, says US

Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday, and comes days after its CEO met President Donald Trump. "We put that in the trade deal with the magnets," Lutnick told Reuters, referring to an agreement Trump made to restart rare earth shipments to U.S. manufacturers. He did not provide additional detail. Nvidia said late on Monday that it is filing applications with ...

June 16, 2025 12:54 PM

Nvidia’s pitch for sovereign AI resonates with EU leaders

Nvidia NVDA.O CEO Jensen Huang has been pitching the idea of "sovereign AI" since 2023. Europe is now starting to listen and act. The concept is based on the idea that the language, knowledge, history and culture of each region are different, and every nation needs to develop and own its AI. Last week, the CEO of the artificial-intelligence chipmaker toured Europe's major capitals - London, Paris and Berlin - announcing a slew of projects and partnerships, while highlighting the lack of AI inf...

May 21, 2025 9:28 AM

Fundamentally Flawed: Nvidia CEO Huang on U.S. Export Policy Fueling China’s Own Chip Development

U.S. export controls on artificial intelligence chips to China were "a failure," Nvidia Chief Executive Jensen Huang said on Wednesday. "All in all, the export control was a failure," Huang said, adding, "The fundamental assumptions that led to the AI diffusion rule in the beginning, in the first place, have been proven to be fundamentally flawed." The U.S. block on sales of advanced AI chips to China has forced companies there to buy semiconductors from Chinese designers such as Huawei, while...

May 19, 2025 11:52 AM

Nvidia plans to sell tech to speed AI chip communication

Nvidia announced on Monday that it will begin offering its advanced chip interconnect technology, NVLink Fusion, to other companies. This technology is designed to enhance chip-to-chip communication, a critical component in building and deploying artificial intelligence (AI) systems. The new version of NVLink, called NVLink Fusion, enables multiple chips to work together efficiently in custom-built AI hardware systems. Companies such as Marvell Technology and MediaTek have already committed to ...