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Tag: Nvidia (page 1 of 2)

Waiting for Intel’s Aurora supercomputer, US to make deal with Nvidia, AMD

The US Department of Energy will make a deal with Nvidia and AMD to purchase a supercomputer named “Polaris”. The news comes while Argonne National Lab still waits for Intel’s Aurora supercomputer, which will be the country’s fastest computer when launched. “Polaris”, on the other hand, will come online soon, and will be used to test and ready the software for Aurora. However, Polaris is not a replacement for Polaris.

Source: Infotechlead

$40B Nvidia, ARM deal hits major UK regulation hurdle

Britain’s competition regulator put a block on Nvidia’s $40B ARM acquisition deal. The regulator said the merged entity of Nvidia-ARM could reduce competition in the global market and pose a serious threat to innovation. ARM is currently owned by Japan’s SoftBank, since 2016, and many believe it should not be sold again. Some analysts believe the deal will be blocked entirely, with the deadline being September 2022.

Source: Techcrunch

Nvidia forecast beat expectations, but $40 bn Arm deal talks still going on

Nvidia, the largest maker of graphic chips, said that talks to acquire tech firm Arm were taking longer than expected. While Nvidia forecasted revenue exceeding expectations in Q3 (approx $6.8 bn), investors are focused on whether Nvidia’s Arm deal will withstand regulatory scrutiny and close by March 2022 as promised. Nvidia CFO Colette Kress said the company is confident that the deal will close.

Source: Hindustan Times

UK may block Nvidia’s $40 bn acquisition of Arm: Bloomberg

The UK govt is considering blocking Nvidia’s $40 bn acquisition of the British peer Arm on potential national security risks, Bloomberg News reported. The merger would establish a key player in the global semiconductor industry, which is critical for 5G networks and AI. Bloomberg said the UK’s Competition and Markets Authority assessment report has said that the acquisition will have grave repercussions on the country’s national security.

Arm reveals details on data center chips, clients 

Arm, which is being acquired by Nvidia for a $40 bn deal, while giving details about new chips said that its “N2” Neoverse computing cores will be 40% faster than the previous generation while its “V1” cores – designed for artificial intelligence tasks – will be 50% faster than traditional methods of doing the same tasks. The UK-based chipmaker said that Oracle and China-based Alibaba Group will use its new next-generation technology for the data centers.

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Volvo Cars, Nvidia accelerate automaker’s data-processing power race

China’s Geely Holding owned Volvo Cars will use a new generation of high-powered chips developed by Nvidia to give more autonomous driving functions in its future cars, starting from the next year. Volvo, like many others car manufactures, is putting digital processing power ahead of the traditional horsepower as they try to catch up with Tesla. Nvidia, because of the computing power race among car manufacturer, has benefited the most among chipmaker.

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Nvidia announces Arm-based ‘Grace’ server chip; challenges Intel’s dominance

Nvidia has announced the manufacturing of a new “Grace” server processor chip that will be based on technology from Arm. The new chip will be pitting it against direct competition with Intel. Further, it will also add a layer of complexity to the antitrust review of Nvidia’s $40 bn acquisition of Arm. Intel is the world’s biggest maker of central processors and Nvidia will be the largest chip firm, so far, to challenge its dominance,

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Arm releases new chip tech; aims to overtake data centers 

Arm released a new technology with the aim to take over data centers and AI apps ahead of its $40 bn merger with Nvidia. The new version released, redefines the fundamental recipe for a chip that decides the kind software it can run. Arm, which makes major updates to the architecture only once in 10 years, competes with Intel and Advanced Micro Devices. The new architecture, which the firm named “V9,” takes on Intel in two areas — Security and AI.

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Nvidia sales surge, gaming chips to remain in tight supply

The forecast for the Q1 revenue of Nvidia is excellent owing to the high demand for its gaming chips which remains in tight supply. CFO Colette Kress said, cryptocurrency mining has contributed approx. between $100 mn and $300 mn in sales in Q4. Nvidia also plans to start shipping software with gaming chips that slow down the ability to mine some currencies and later release a mining-specific chip, to discourage miners from using gaming chips.