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Major challenge to Nvidia: OpenAI’s massive new computing push will run on AMD chips

In a significant challenge to Nvidia’s dominance, OpenAI announced Monday it would buy 6 gigawatts of computing power from data centers that will run exclusively on AMD chips. Nvidia (NVDA) has become the go-to AI chipmaker in recent years, propelling it to a $4.6 trillion market capitalization that has made it the world’s most valuable …

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Nvidia says it’s missing out on China sales as it awaits guidelines on US 15% pay-to-play plan

New York  —  After a stunning streak that saw Nvidia blow Wall Street’s projections out of the water quarter after quarter, the chipmaker on Wednesday reported revenue for the July quarter that was essentially in line with expectations. Investors aren’t loving it — the company’s shares dipped as much as 3.5 percent in after-hours trading …

The post Nvidia says it’s missing out on China sales as it awaits guidelines on US 15% pay-to-play plan appeared first on Egypt Independent.

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