Hardware - News Articles

Intel Postpones Ohio Chip Plant Launch to 2030, Production Delayed

Feb 28, 2025

CNBC

Intel's highly anticipated $20 billion semiconductor manufacturing plant in Ohio faces a significant setback, with the company announcing a delay in the facility's launch and production start until 2030 or 2031, citing the need to align with market demand and business requirements.

Hardware Manufacturing

NVIDIA Shatters Records with Soaring $39.3B Revenue, Fueled by AI Boom

Feb 27, 2025

NVIDIA Newsroom

NVIDIA shattered records with a staggering $39.3 billion quarterly revenue, up 78% year-over-year, propelled by the AI boom that fueled a $35.6 billion Data Center revenue, while projecting $43 billion revenue for Q1 fiscal 2026 amidst soaring demand for its AI offerings.

Hardware Funding Data Centers

Nvidia CEO: Export Controls Halved China Revenue

Feb 27, 2025

CNBC

Nvidia's CEO Jensen Huang revealed that the company's revenue in China was slashed in half due to export controls, shedding light on the significant impact of trade restrictions on the tech giant's business operations in the Chinese market.

Geopolitics Hardware Business