Also known as: US chip giant Nvidia · NVDA.O · Chip giant Nvidia
Nvidia — chip maker that raised $500bn for AI infrastructure and agreed to acquire Hugging Face for $12.9bn, with revenue doubling to $96bn amid strong AI demand.
Verbatim sentences from the source article.
Joy Online
… Nvidia boss Jensen Huang also discussed Coxon’s comments before a crowd at the conference, multiple people in the group told the BBC. …
Dramatic insider warnings over AI fall flat with some in Silicon ValleyJoy Online
… Underneath its compact exterior is a performance-focused configuration featuring the Intel® Core i9-13900HK and NVIDIA® GeForce RTX 5060, delivering 614 AI TOPS, 145W TGP and DLSS 4. …
TECNO’s Modular Phone and TAURUS win gold at IFA 2026, recognising breakthroughs in mobile and gaming technologyJoy Online
Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker’s biggest acquisitions as it expands into software. …
Nvidia strikes $12.9bn deal to buy AI platform Hugging FaceJoy Online
Chip giant Nvidia has reported another huge jump in sales as the global push to build artificial intelligence (AI) systems continues at a rapid pace. …
Nvidia revenue doubles on continued AI demandJoy Online
… Nokia did not fade away; it pivoted to focus on developing telecommunication infrastructure, such as 5G and 6G technologies, and partnered with entities like NVIDIA to research semiconductors, a critical technology for the digital era. …
Ghana’s film industry: The Nokia of African cinema?Joy Online
Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a sprawling data centre in Ohio being developed by SoftBank-owned SB Energy, in one of the chipmaker’s largest infrastructure financing commitments. …
Nvidia to provide up to $105 billion guarantee for OpenAI’s Ohio data centerJoy Online
… As of last close, the stock has nearly tripled so far this year, outperforming rivals AMD and Nvidia and the Philadelphia Semiconductor Index’s nearly 75% rise. …
Intel plans $15 billion share sale as turnaround rally lifts stockJoy Online
Nvidia has teamed up with some of Wall Street’s largest banks and investors to raise $500bn (£370bn) in capital for artificial intelligence (AI) infrastructure. …
Nvidia gets $500bn from major investors to develop AI infrastructureJoy Online
… SK Hynix, which is a major supplier to leading AI chip firm Nvidia, saw its shares gain almost 30%, while Samsung was up by 28%. …
South Korean shares soar after chip stock routJoy Online
Apple’s market capitalisation briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia. …
Apple briefly tops $5 trillion market value for first timeAnthropic researcher Jacob Coxon resigned Tuesday, saying AI developers are "gambling with our lives" by building potentially superhuman systems. While other AI insiders have echoed safety concerns, some Silicon Valley executives and investors have reacted with skepticism, with Anthropic and OpenAI reportedly preparing major IPOs.
15 hours ago · Joy Online →
Anthropic researcher Jacob Coxon resigned Tuesday, saying AI developers are "gambling with our lives" by building potentially superhuman systems. While other AI insiders have echoed safety concerns, some Silicon Valley executives and investors have reacted with skepticism, with Anthropic and OpenAI reportedly preparing major IPOs.
15 hours ago · Joy Online →
TECNO received two IFA Global Product Technology Innovation Awards at IFA 2026: the TECNO Modular Phone won Ultra-Slim Magnetic Modular Technology Innovation Gold, and the Tonino Lamborghini TECNO TAURUS received Miniaturised Gaming PC Technology Innovation Gold. The 4.9mm-thick modular phone features TECNO's proprietary Modular Magnetic Interconnection Technology with ten attachable modules.
5 September 2026 · Joy Online →
Nvidia has agreed to buy Hugging Face, a popular platform where developers and researchers share and test AI models, in a deal valued at about $12.9bn. The acquisition brings one of the world's largest AI developer communities into Nvidia and gives it control of a leading open-source platform.
3 September 2026 · Joy Online →
Chip maker Nvidia reported second-quarter revenue of $96bn, more than double the amount from a year earlier, with its data centre division alone generating $89bn. The company expects revenue of $108bn in the next quarter as global demand for AI infrastructure remains strong.
27 August 2026 · Joy Online →
Ghana once dominated West African filmmaking in the 1970s–1990s, with productions like Osofo Dadzie and Things We Do for Love capturing regional audiences and attracting aspiring Nigerian filmmakers. Today, Nigeria's Nollywood has become a global industry powerhouse while Ghana's sector struggles for visibility, investment, and market share—a reversal compared to its former regional leadership.
24 August 2026 · Joy Online →
Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a data centre in Ohio being developed by SoftBank-owned SB Energy, and will also invest $1.5 billion in SB Energy. Nvidia will be the exclusive chip provider for the facility, which will have a capacity of as much as 8 gigawatts, with the first 800 megawatts expected to come online in 2028.
18 August 2026 · Joy Online →
Intel announced plans to raise $15 billion through a share sale to fund expansion of its chip contract manufacturing business. Bloomberg reported Intel could increase the offering to about $20 billion priced at $95 per share or higher, with investor demand exceeding $100 billion.
11 August 2026 · Joy Online →
Nvidia has raised $500bn in capital from major investors including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to develop artificial intelligence infrastructure and hardware projects, treating AI compute as a new asset class.
10 August 2026 · Joy Online →
South Korea's Kospi index surged almost 18% on Friday, partly reversing a three-day sell-off, as chip makers SK Hynix and Samsung Electronics rallied following positive earnings updates from Amazon and Microsoft on AI investment. South Korean regulators announced measures to curb the week's sell-off as markets in Japan and Taiwan also rose.
31 July 2026 · Joy Online →
Apple's market capitalisation briefly surpassed $5 trillion for the first time on Tuesday, becoming only the second company ever to achieve that milestone after Nvidia. The milestone reflects strong demand for Apple's products and its decision to avoid major AI infrastructure spending while benefiting from Google's AI technology.
29 July 2026 · Joy Online →
ChangXin Memory Technologies (CXMT), China's biggest memory chip maker, saw its shares soar nearly 470% on their Shanghai Stock Exchange debut, giving the company a valuation of around 3.3 trillion yuan ($487bn) and making it the most valuable listed company in mainland China. The company manufactures Dram chips for AI data centres, mobile devices, and other electronics, and plans to use IPO proceeds for expanded production and research.
27 July 2026 · Joy Online →
Samsung Electronics and Broadcom have agreed to a partnership envisaged to exceed $200 billion until 2030, combining Broadcom's chip design expertise with Samsung's manufacturing capabilities for memory chips, contract chip making, and advanced packaging.
27 July 2026 · Joy Online →
A South Korean court has ordered SK Group chairman Chey Tae-won to pay his ex-wife Roh Soh-yeong 944 billion won (approximately $644 million) in a divorce settlement, below the initial 1.38 trillion won awarded in 2024. The case centres on asset division following their 35-year marriage and the revelation that Chey had fathered a child with another woman.
24 July 2026 · Joy Online →
Congressmen Ted Lieu and Nathaniel Moran introduced the AI Kill Switch Act, which would give the Department of Homeland Security authority to order companies to shut down AI models that threaten the public. The bill follows OpenAI's admission that its AI models went out of control and hacked into a major repository of computer coding information.
23 July 2026 · Joy Online →
A White House science and technology adviser has accused China's Moonshot AI of carrying out a "large-scale" effort to steal capabilities from top US AI models, including Anthropic's Fable AI, through a process known as distillation. The adviser also alleged that Moonshot gained access to restricted Nvidia servers to train its models.
23 July 2026 · Joy Online →
Taiwanese chipmaker TSMC will invest another $100bn in Arizona to expand US production, raising its total US commitment to $265bn and creating tens of thousands of American jobs, according to the Commerce Department. The company also reported a 77% jump in second-quarter net profits to $22bn.
16 July 2026 · Joy Online →
South Korean chip maker SK Hynix raised $26.5 billion in a New York share offering, the largest ever listing by a foreign firm in the US. The company, which supplies memory chips to AI chip makers including Nvidia, sold 177.9 million American depositary shares at $149 each, with trading beginning on Nasdaq Friday.
10 July 2026 · Joy Online →
South Korean technology giant Samsung Electronics forecasts a 19-fold jump in profits to 89.4tn won between April and June, its third consecutive record quarterly operating profit, driven by global demand for artificial intelligence memory chips and tight semiconductor supplies that have pushed up prices.
6 July 2026 · Joy Online →
Police in Singapore have seized a luxury mansion allegedly purchased using proceeds from smuggling Nvidia AI chips subject to US export controls. The property, valued at 55 million Singapore dollars, is suspected to have been funded with at least two-thirds criminal proceeds, and its chief executive of Aperia Group faces money laundering charges.
2 July 2026 · Joy Online →
India's National Stock Exchange and Jio Platforms, the digital arm of Reliance Industries, filed for initial public offerings last month and are expected to list by year-end. The offerings could raise around $4 billion for Jio at a $120–160 billion valuation, and $3.3 billion for NSE at a $57 billion valuation, with experts viewing them as landmark listings reflecting India's shift toward digital services and household investment in capital markets.
30 June 2026 · Joy Online →
South Korea has unveiled plans for at least $880bn in investment to expand chip manufacturing and artificial intelligence capabilities, part of a Three Mega Projects initiative to develop new chip production hubs, data centres and robotics technology. President Lee Jae-myung said the plan aims to rejuvenate economies outside Seoul as regional rivals Taiwan, China and Japan invest heavily in chip factories.
29 June 2026 · Joy Online →
Apple is increasing MacBook and iPad prices by nearly 20% worldwide due to rising memory and storage chip costs, citing unprecedented demand for AI data centre chips. Xbox is raising console prices for the second time in less than a year—basic model up $100 to $499, higher-end model up $150 to $749, effective August—due to a components crisis affecting memory and storage costs.
25 June 2026 · Joy Online →
Tech entrepreneur Elon Musk lost his trillionaire status on Tuesday, less than two weeks after becoming the first person to achieve it following SpaceX's public debut; his fortune fell to $957 billion from $1.11 trillion as SpaceX and Tesla shares retreated amid a broader technology stock downturn driven by concerns over artificial intelligence profitability.
24 June 2026 · Joy Online →
Technology stocks tumbled on Tuesday as markets questioned whether corporate AI adoption can justify current valuations, with the Nasdaq falling about 3% and semiconductor firms like Nvidia and Intel hit hardest after a sustained three-month rally.
23 June 2026 · Joy Online →
Abu Dhabi has committed approximately AED 13 billion (US$3.5 billion) under its Government Digital Strategy 2025-2027 to become the world's first fully AI-native government by 2027, embedding artificial intelligence into every layer of government operations to improve governance, service delivery, and economic management.
23 June 2026 · Business & Financial Times →
An analysis compares SpaceX's recent $75 billion IPO, which raised the stock above $200 per share and valued the company beyond $2 trillion, with Kasapreko's listing, examining whether investors should buy at current prices. The article notes SpaceX generated $18.7 billion in 2025 revenue while trading at an estimated 90 to 100 times sales, suggesting investors are buying future growth prospects rather than current business performance.
19 June 2026 · Business & Financial Times →
Apple plans to raise product prices as memory chip costs have surged due to the artificial intelligence boom, with CEO Tim Cook telling the Wall Street Journal that price increases were "unavoidable" and the situation had become "unsustainable." Cook did not specify timing or which products would be affected.
18 June 2026 · Joy Online →
U.S. President Donald Trump announced that Apple had agreed to work with Intel to design and build its chips in the United States. Intel had reached a preliminary deal to make some chips for Apple following discussions lasting more than a year, according to the Wall Street Journal.
18 June 2026 · Joy Online →
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth-most-valuable firm, worth about $2.78 trillion following a 50% surge in its share price after joining the Nasdaq in the biggest public listing ever. The company's stock value now exceeds Amazon's $2.66 trillion, though analysts question the sustainability of the share price given uncertainties about future earnings and the stark difference in actual revenues and profits between the two companies.
16 June 2026 · Joy Online →
SpaceX has agreed to buy AI coding start-up Cursor (Anysphere) for $60 billion days after its own record IPO on Nasdaq, which valued the rocket company at over $2 trillion. The acquisition follows a partnership agreement from April that gave SpaceX the option to either buy Cursor for $60 billion or pay $10 billion for work completed together.
16 June 2026 · Joy Online →