Thursday, May 25, 2023

Nvidia's results spark nearly $300 billion rally in AI stocks

Nvidia forecast quarterly revenue more than 50% above Wall Street estimates, with Chief Executive Officer Jensen Huang saying in a statement the company is "significantly increasing our supply to meet surging demand" for its data center chips.

from Tech-Economic Times https://ift.tt/DcnUmHK
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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...