The company posted net income of $31.9 billion (+65 per cent year-on-year) in the quarter, again exceeding forecasts. Such robust profit growth helped reassure markets that big AI-infrastructure investments may indeed generate returns, rather than just hype.

The company posted net income of $31.9 billion (+65 per cent year-on-year) in the quarter, again exceeding forecasts. Such robust profit growth helped reassure markets that big AI-infrastructure investments may indeed generate returns, rather than just hype.

Did Nvidia’s earnings just help avert a market crash? Here's what numbers show

Chipmaker Nvidia on Thursday announced that it would invest $5 billion in Intel, another US chip giant. After the&nbsp;announcement, Intel's shares rose 30 per cent in premarket trading. Nvidia, one of the largest chip companies, said it would buy Intel's common stock at $23.28 per share and would jointly develop with the company data center and personal computing products. Nvidia's stock also went up 3 percent in premarket trading.&nbsp;According to reports, Intel will build Nvidia-custom x86 CPUs. These CPUs will be used by Nvidia to integrate into its AI infrastructure platforms.&nbsp;"Together, we will expand our ecosystems and lay the foundation for the next era of computing,” said NVIDIA chief executive Jensen Huang, according to WSJ.&nbsp;After the&nbsp;stake purchase, Nvidia will become Intel's largest shareholder with over 4 per cent stake in the company.&nbsp;Intel, which used to be the flagbearer of the chip industry, appointed its new CEO, Lip-Bu Tan, in March. He came under Donald Trump's fire as the latter asked him to&nbsp;resign, citing his connections with China. The allegations paved the way for an unusual&nbsp;deal -- the United States buying a 10 per cent stake in the company.&nbsp;Nvidia and Intel's agreement also entails the development of PC and data center chips. However, it will not involve Intel's contract manufacturing business, which is called foundry in the chip industry.&nbsp;Nvidia is currently focusing on the world's AI-powering chips. Its share prices will be slightly&nbsp;lower than Wednesday's share price of&nbsp;$24.90.&nbsp;It will be, however, significantly more than the share price offered by the US government for 10 per cent of the company -- $20.47 per share.&nbsp;Chris Beauchamp, chief market analyst at IG Group in London, told Reuters that the decision shows Nvidia wants to diversify its investment within the United States and also wants to score brownie points with the Donald Trump administration.

Nvidia-Intel deal: Intel will build Nvidia-custom x86 CPUs. These CPUs will be used by Nvidia to integrate into its AI infrastructure platforms.

Chipmaker Nvidia on Thursday announced that it would invest $5 billion in Intel, another US chip giant. After the announcement, Intel's shares rose 30 per cent in premarket trading. Nvidia, one of the largest chip companies, said it would buy Intel's common stock at $23.28 per share and would jointly develop with the company data center and personal computing products. Nvidia's stock also went up 3 percent in premarket trading. According to reports, Intel will build Nvidia-custom x86 CPUs. These CPUs will be used by Nvidia to integrate into its AI infrastructure platforms. "Together, we will expand our ecosystems and lay the foundation for the next era of computing,” said NVIDIA chief executive Jensen Huang, according to WSJ. After the stake purchase, Nvidia will become Intel's largest shareholder with over 4 per cent stake in the company. Intel, which used to be the flagbearer of the chip industry, appointed its new CEO, Lip-Bu Tan, in March. He came under Donald Trump's fire as the latter asked him to resign, citing his connections with China. The allegations paved the way for an unusual deal -- the United States buying a 10 per cent stake in the company. Nvidia and Intel's agreement also entails the development of PC and data center chips. However, it will not involve Intel's contract manufacturing business, which is called foundry in the chip industry. Nvidia is currently focusing on the world's AI-powering chips. Its share prices will be slightly lower than Wednesday's share price of $24.90. It will be, however, significantly more than the share price offered by the US government for 10 per cent of the company -- $20.47 per share. Chris Beauchamp, chief market analyst at IG Group in London, told Reuters that the decision shows Nvidia wants to diversify its investment within the United States and also wants to score brownie points with the Donald Trump administration.

Nvidia-Intel deal: Intel will build Nvidia-custom x86 CPUs. These CPUs will be used by Nvidia to integrate into its AI infrastructure platforms.

Nvidia to invest $5 billion in Intel, to jointly develop PC, data center chips

China on Monday (Sep 15) said that Nvidia violated the country’s anti-monopoly law with a high-profile deal in 2020, according to a preliminary investigation. Beijing added that it would continue its investigation into the US chip giant. The recent development, which comes amid trade tensions between Beijing and Washington, may complicate the ongoing talks between the US and China that started on Sunday in Madrid, Spain.The US chipmaker was found to be violating the antitrust regulations after it acquired networking gear maker Mellanox Technologies Ltd, as per the country’s market regulator, the State Administration for Market Regulation. Reportedly, Nvidia’s shares were down about 2 per cent in premarket trading.The SAMR opened an investigation into Nvidia after it acquired the Israeli technology company, which creates network solutions for data centres and servers. The $7 billion deal, which happened in 2020, was approved by China on the condition that Nvidia not discriminate against Chinese companies. However, SAMR said that the preliminary probe found that the US chip maker violated China’s anti-monopoly laws related to its acquisition and conditions, without specifying how Nvidia breached the country’s laws or what corrective measures it seeks from the firm.Earlier, the US imposed restrictions on Nvidia from selling its most advanced AI chips to Chinese firms, including the H100, over national security concerns. Nvidia redesigned its chips two times before it could sell them in the country in accordance with the US regulations.Monday’s ruling comes weeks after the US President Donald Trump’s administration later agreed to allow Nvidia and Advanced Micro Devices Inc. to sell some of their AI chips to Chinese companies. However, Beijing cautioned its local companies against Nvidia’s H20 accelerator, citing security concerns.Recently, China also said that it was launching an anti-dumping investigation into a certain type of US semiconductor firms, including Texas Instruments Inc. Its shares also fell around 2 per cent in pre-market trading.Meanwhile, Trump told reporters on Sunday that the talks in Madrid were “going fine”, but added that TikTok’s fate will be decided on Beijing’s actions. “We may let it die, or we may — I don’t know, it depends. Up to China,” the US president said.

The US chipmaker was found to be violating the antitrust regulations after it acquired networking gear maker Mellanox Technologies Ltd, according to the country’s market regulator.

China on Monday (Sep 15) said that Nvidia violated the country’s anti-monopoly law with a high-profile deal in 2020, according to a preliminary investigation. Beijing added that it would continue its investigation into the US chip giant. The recent development, which comes amid trade tensions between Beijing and Washington, may complicate the ongoing talks between the US and China that started on Sunday in Madrid, Spain. The US chipmaker was found to be violating the antitrust regulations after it acquired networking gear maker Mellanox Technologies Ltd, as per the country’s market regulator, the State Administration for Market Regulation. Reportedly, Nvidia’s shares were down about 2 per cent in premarket trading. The SAMR opened an investigation into Nvidia after it acquired the Israeli technology company, which creates network solutions for data centres and servers. The $7 billion deal, which happened in 2020, was approved by China on the condition that Nvidia not discriminate against Chinese companies. However, SAMR said that the preliminary probe found that the US chip maker violated China’s anti-monopoly laws related to its acquisition and conditions, without specifying how Nvidia breached the country’s laws or what corrective measures it seeks from the firm. Earlier, the US imposed restrictions on Nvidia from selling its most advanced AI chips to Chinese firms, including the H100, over national security concerns. Nvidia redesigned its chips two times before it could sell them in the country in accordance with the US regulations. Monday’s ruling comes weeks after the US President Donald Trump’s administration later agreed to allow Nvidia and Advanced Micro Devices Inc. to sell some of their AI chips to Chinese companies. However, Beijing cautioned its local companies against Nvidia’s H20 accelerator, citing security concerns. Recently, China also said that it was launching an anti-dumping investigation into a certain type of US semiconductor firms, including Texas Instruments Inc. Its shares also fell around 2 per cent in pre-market trading. Meanwhile, Trump told reporters on Sunday that the talks in Madrid were “going fine”, but added that TikTok’s fate will be decided on Beijing’s actions. “We may let it die, or we may — I don’t know, it depends. Up to China,” the US president said.

The US chipmaker was found to be violating the antitrust regulations after it acquired networking gear maker Mellanox Technologies Ltd, according to the country’s market regulator.

Did Nvidia violate anti-monopoly law in China? Here’s what Beijing’s market regulator revealed amid trade tensions with US

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Did Nvidia’s earnings just help avert a market crash? Here's what numbers show

Nvidia to invest $5 billion in Intel, to jointly develop PC, data center chips

Did Nvidia violate anti-monopoly law in China? What state market regulator said