All articles tagged with #nvidia chips
Super Micro Computer jumped in after-hours trading after flagging a record backlog above $60 billion and guiding for stronger gross margins (15%–17%), driven by AI-server demand powered by Nvidia chips; the company also said Q4 revenue would be at the low end of prior guidance ($11B–$12.5B) as it continues cost controls and capitalizes on AI growth.
Taiwanese authorities raided Super Micro Computer's offices as part of an investigation into alleged smuggling of Nvidia AI chips to China, tied to U.S. export-control enforcement. The probe underscores regulatory and compliance risks for SMCI’s AI server business and could affect customer perception and supply-chain costs as policymakers scrutinize high-end chip exports.
Apollo Global Management is nearing a roughly $3.4 billion loan to a vehicle that will buy Nvidia chips and lease them to Elon Musk’s XAI (which has merged with SpaceX), marking Apollo’s second major financing for the XAI chip venture, which aims to raise about $5.3 billion in equity and debt.
DeepSeek, a Chinese AI developer, revealed in a peer-reviewed article that it spent only $294,000 to train its R1 model using 512 Nvidia H800 chips, a significantly lower cost than US rivals, sparking renewed debate over China's role in the AI industry and raising questions about the technology and costs involved in AI development.
China plans to deploy over 115,000 Nvidia AI chips across multiple data centers in Xinjiang, despite US export restrictions, highlighting ongoing efforts to advance AI capabilities and potential illicit procurement channels, amid geopolitical tensions and sanctions.
The U.S. Energy Department is developing a new supercomputer named Doudna at Lawrence Berkeley National Laboratory, set to arrive in 2026, which will integrate commercial AI technologies, notably Nvidia chips, to significantly boost computational speed and versatility for scientific research and AI model training.