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Nvidia’s Gaming Revenue Plunges, Jensen Announces Price Cuts

Nvidia has released preliminary financial results for the quarter which ended on July 31, 2022, its Q2 FY23 results. The purpose of Nvidia’s prelims (opens in new tab) seems to be to warn investors that it has had a significantly worse quarter than it had projected. In brief: Nvidia previously projected $8.10 billion in revenue for Q2 FY23 (guidance from May), but the company has now revised the figure to $6.70 billion. That’s about 21% off the target when taken as a whole. Of particular interest to our readers is the…

Nvidia to Invest at Least $100 Million in UK Supercomputer, CEO Jensen Huang Says

Nvidia's chief executive on Thursday said the company will spend at least $100 million (roughly Rs. 740 crores) on a supercomputer in the United Kingdom.Speaking at The Six Five Summit, CEO Jensen Huang said Nvidia will spend "$100 million (roughly Rs. 740 crores), just as a starting point" on the Cambridge-1 supercomputer.Nvidia had said in October it planned to spend about $55.6 million (roughly Rs. 410 crores) on the project.Nvidia is in the process of acquiring UK-based chip technology firm Arm for $40 billion…

Nvidia CEO Jensen Huang Says Interested in Exploring Chip Manufacturing With Intel

Nvidia is interested in exploring using Intel for manufacturing its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday."They're interested in us using their foundries. We're very interested in exploring it," Huang said. But he added that foundry discussions take a long time as it's about integrating supply chains.Early last year, Intel, which was making mostly chips it designed, decided to expand its business into making chips that others design as well, called the foundry business, and…