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NVIDIA projects its CPU sales to more than double by fiscal year 2028, challenging AMD and Intel.
NVIDIA CFO Colette Kress stated that the company expects CPU sales to reach $20 billion in fiscal year 2027 and anticipates this figure to more than double in fiscal year 2028. This forecast poses a challenge to major CPU manufacturers AMD and Intel, as NVIDIA has launched its Vera CPU, specifically designed to run AI agents, claiming superior performance over industry standards.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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SK Hynix plunged over 8% on Thursday, impacted by concerns over Federal Reserve interest rate hikes and AI investment funding.
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US says it destroyed a vessel suspected of Iranian command and control in the Gulf of Oman, accusing it of spying on the US Navy.
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Binance founder CZ retweeted, stating it's amazing that Solana can advertise and set up offices in China, while BNB Chain currently cannot.
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India's Jio Platforms has lowered its valuation to approximately $108 billion ahead of its IPO next week, planning to raise $3.2 billion.
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Prominent analyst Jason Schenker predicts: The Federal Reserve will hold steady in October, and may raise interest rates by 50 basis points in December.
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The Nikkei 225 index fell 3.13% today, now at 65,626.07.
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South Korea's KOSPI index fell 5.11% today, now at 5,701.75.
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South Korea's KOSPI index fell 6.03% today, now at 5,646.66.
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Australian Unemployment Rate Rose to 4.7% in September on Job Losses, Exceeding Expectations
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Goldman Sachs: U.S. Equity Market Sentiment Is Depressed, But Three Major Buying Forces Are Set to Return
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