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It's hard to be the king of AI.Nvidia signaled that demand for AI remains strong, more than doubling its revenue from the same period last year and forecasting revenue of $32.5 billion in the next quarter.But that didn't come as a surprise to industry experts on Wednesday.The multi-trillion-dollar company had been widely expected to report strong quarterly results as big tech companies continue to pour billions of dollars into artificial intelligence, locking in demand for Nvidia's prized chips.But working against Nvidia are the sky-high expectations that investors have always placed on the Silicon Valley chipmaker, analysts and industry experts told…
Some people like to sweat it out over nine tough innings of games, while others like instant gratification. We're the latter. That's why we're so into MLB NRFI and YRFI picks, and we're going to share that knowledge with you on our NRFI bets on August 29th. Check out our MLB World Series odds here. Of course, there are many who will make blind guesses on this matter. It is easy to pick the best hitting team or look at what happened in the previous match. However, we have taken the time to thoroughly dig into our analysis to ensure…
Latest Trending News, Live Updates Today 29 August 2024: Bengaluru professor resigns over no salary hike: 'Honesty and loyalty have no meaning in this world'
LiveGet the latest trending, viral and unconventional news live. Get real-time updates on the biggest topics trending on the internet. From trending topics to viral videos to unconventional stories, we bring you everything that's happening on the internet and what's buzzing on social media. For the latest updates on what's trending and viral, check here.Breaking News on August 29, 2024: Assistant Professor resigns after 10 years of service due to lack of salary increment.Latest Trending News, Viral and Unconventional News Live: Get real-time updates on trending news and know more about all the viral and unconventional news with live coverage.…
A 37-year-old assistant professor at a polytechnic university in East Bengaluru has resigned after 10 years of teaching, unhappy with the lack of salary increases. The former professor, who goes by the name “SquashImmediate6693” on Reddit, posted about his resignation, saying “honesty and loyalty have no meaning in the world.” The professor also claimed that he had tried to contact the principal before resigning, but was “not ready to discuss anything” as the dean was not present. Assistant professor resigns after 10 years due to lack of salary increase (Pexels) According to users, everything was normal until 2019, when a…
Artificial intelligence (AI) chip giant Nvidia said its revenue more than doubled in the three months to the end of July compared with the same period last year, reaching a record high of $30 billion (£24.7 billion).However, following the announcement, the company's stock price fell by more than 6% on the New York market.Nvidia has been one of the biggest beneficiaries of the AI boom, with its stock price soaring to more than $3 trillion.The company's stock price has risen more than 160% this year alone.”It's not just a matter of beating expectations now, the market is expecting a big…
LAREDO, Texas (KGNS) – As the winter season approaches, the Laredo Health Department is reminding residents that vaccines are available. Because COVID-19 and flu cases peak during the colder months when people gather together, health officials stress that taking precautions is the best way to avoid serious illness.The ministry also said getting vaccinated before it's too late could make a big difference.Cassandra Diaz, a registered nurse with the Laredo Health Department, spoke about the importance of getting vaccinated.”What the vaccine does is reduce complications like hospitalizations and infections like pneumonia and things like that. It's important to make sure you…
Nvidia targets $32.5 billion in third-quarter revenue, AI infrastructure ensures quick gains
Everyone on Wall Street wants to know whether big AI investments will actually pay off.Nvidia CEO Jensen Huang did his best during a highly-anticipated earnings call on Wednesday, but he couldn't completely dispel those doubts.The company's third-quarter revenue guidance didn't help either, falling below the whisper number that represents the most bullish expectations, sending Nvidia shares down 7% in after-hours trading.Analysts peppered the CEO with questions about the profitability of AI investments, and his response was that “those who are investing in Nvidia's infrastructure are seeing immediate returns.”While Nvidia's biggest customers can't yet boast big, billion-dollar gains from their AI…
A man living in New York inherited a “message-written Hinomaru” flag, known as a lucky charm, from his grandfather, who served in the US military during World War II.In an email to Fox News Digital, Scott Stein said the plan was initially to restore the commemorative flag, but after speaking with experts, they decided to return the flag to its rightful owner.Her grandfather, Bernard Stein, served in World War II at Camp Croft, South Carolina, from 1942 to 1945 and later in the Philippines with the 38th Infantry Division, known as the “Avengers of Bataan.”Colorado construction workers discover World War…
STAMFORD, CT: The 13th Annual Health Wellness & Lifestyle Expo 2024, with special support from exclusive healthcare partner Stamford Health, will take place on Saturday, September 7th from 10am to 6pm in Stamford's beautiful waterfront community of Harbor Pointe. As the largest health expo in Connecticut, this one-day family and pet-friendly event will bring together more than 120 sponsors and exhibitors to display and sell health and wellness products and services, and share the latest information to help everyone live their best life.The opening ceremony celebration, emceed by Hey Stamford's PJ Kennedy, will begin at 10 a.m. Stamford Mayor Caroline…
(Bloomberg) — Asian semiconductor stocks fell after a disappointing outlook from major chipmaker Nvidia Inc dampened investor sentiment toward artificial intelligence deals.Most read articles on BloombergAmong Nvidia's suppliers, shares in South Korean memory maker SK Hynix fell 6.8%, while Japanese tester maker Advantest's shares fell 3.6%. The Bloomberg Asia Pacific Semiconductor Index fell 1.6%. The American Depositary Receipts (ADA) of Taiwan Semiconductor Manufacturing Co. (TSMC), a major foundry, fell more than 4% in late trading.”Nvidia had a strong performance, but the stock price fell on high expectations for next year,” said Jun Bei Liu, a portfolio manager at Sydney-based Tribeca…