The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.
Tuesday's edition of Forbes Daily covers Dana White joining Meta, Nvidia's stock jump, Bezos' robotics investments, medical debt changes, bird flu death and more.
To that end, the computer starts at $3,000 and comes with a 20-core GB10 Grace Blackwell Superchip and 128GB of unified memory. Configuring a Mac mini with the M4 Pro chip, which has a 14-core CPU, and 64GB of RAM, costs $2,499 with 1TB of storage. A 1TB Mac Studio fitted with a 24-core M2 Ultra and 128GB of RAM brings the price to $4,799.
Five of Wall Street's most-prominent billionaire asset managers have picked out some of their favorite stocks for the new year.
Steven Cohen of Point72 Asset Management bought 1.5 million shares of Nvidia, increasing his stake by 75%. It is now his largest position excluding options. Meanwhile, he sold 1.5 million shares of Apple, completely exiting the position.
Nvidia‘s stock rose by 3.4 per cent on Tuesday to $149.43 (£118.95) per share bringing it neck-and-neck with Apple, following various launches for the tech giant at the CES in Las Vegas on Monday. At the annual conference,
Nvidia's GeForce Now is coming to Meta Quest 3 and Pico 4 Ultra devices later this month. Here's what that means for the mixed reality headsets.
Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025.
The world's largest chip manufacturer reported fourth-quarter revenue of 868.5 billion New Taiwan dollars ($26.3 billion), according to CNBC calculations, up 38.8% year-on-year. That beat Refinitiv consensus estimates of 850.1 billion New Taiwan dollars.
TSMC, the world's largest contract chipmaker, on Friday reported fourth-quarter revenue of T$868.42 billion ($26.36 billion), according to Reuters calculations, easily beating a market forecast, as the company reaps the benefit from artificial intelligence demand.
Taiwan only expects a small impact from any tariffs imposed by the incoming government of US President-elect Donald Trump on semiconductor exports given their technological superiority, Economy Minister Kuo Jyh-huei (郭智輝) said today.