Latest news with #GraphicsProcessingUnits
Yahoo
2 days ago
- Business
- Yahoo
Why Teradyne (TER) Stock Is Trading Lower Today
Shares of semiconductor testing company Teradyne (NASDAQ:TER) fell 3.1% in the morning session after a recent "Sell" rating initiation from Goldman Sachs cast a shadow over the company's growth prospects. The investment bank set a price target of $80.00, citing concerns that Teradyne is not well-positioned in the high-growth market for testing merchant GPUs (Graphics Processing Units), which are crucial for AI applications. Adding to the bearish sentiment, Goldman Sachs pointed to ongoing cyclical weakness in the industrial markets, which affects Teradyne's robotics business. The firm also expressed uncertainty about the growth trajectory of the company's mobile segment. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Teradyne? Access our full analysis report here, it's free. Teradyne's shares are very volatile and have had 29 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Teradyne is down 24.7% since the beginning of the year, and at $95.29 per share, it is trading 41.5% below its 52-week high of $163 from July 2024. Investors who bought $1,000 worth of Teradyne's shares 5 years ago would now be looking at an investment worth $1,100. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Time of India
11-06-2025
- Business
- Time of India
Nvidia CEO Jensen Huang announces major AI infrastructure push into Europe
Representative Image US chip giant Nvidia on Wednesday announced a broad infrastructure push into Europe, partnering with local companies to help build the continent's "own ecosystem" for AI, chief executive Jensen Huang said in Paris. "In just two years we will increase the amount of AI computing capacity in Europe by a factor of 10," Huang told attendees at the French capital's annual Vivatech trade fair, striding around the stage wearing his trademark leather jacket. California-based Nvidia is by far the largest producer of chips for AI -- notably the Graphics Processing Units (GPUs) originally developed for high-end gaming. Nvidia's chips have proved uniquely suited for generative AI, whether powering robots, software or self-driving cars. Singling out a local firm, Huang said Nvidia would partner with French AI startup Mistral to build a cloud platform powered by 18,000 of Nvidia's latest high-end Blackwell chips. Basing the billions of euros (dollars) worth of hardware in Europe would offer firms the "strategic autonomy they need", Mistral chief Arthur Mensch told AFP, adding that the project would "strengthen European technological leadership". Huang said that Nvidia would build up existing partnerships, such as with French electrical goods maker Schneider Electric, including on developing gigantic data centres dedicated to AI -- which Nvidia calls "AI factories". It will also strengthen work with Germany's Siemens on so-called "digital twins" simluating real-world environments, and on automating industrial processes. Nvidia plans to feed its chips into data centres across Europe, including in Spain, Italy, Britain, Finland, Germany and Sweden. The world's government chiefs "all want to have AI factories, they all want AI to be part of their infrastructure," Huang said. He added that Nvidia was partnering with major companies to develop their own AI models more easily, such as French banking giant BNP or cosmetics heavyweight L'Oreal. "I'm so happy that Europe is going all-in on AI," he said. Europe is well behind competitors like the United States and China in building up the computing power needed to power generative artificial intelligence. The continent hosts "less than five percent of global computing power, whereas we consume 20 percent," French President Emmanuel Macron's office said in a press briefing ahead of the leader's visit to Vivatech. With its ability to sell into China still crimped by American export restrictions, Nvidia is on the hunt for growth opportunities elsewhere around the world. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
New Indian Express
11-06-2025
- Automotive
- New Indian Express
Nvidia trumpets European AI infrastructure push
PARIS: US chip giant Nvidia on Wednesday announced a broad infrastructure push into Europe, partnering with local companies to help build the continent's "own ecosystem" for AI, chief executive Jensen Huang said in Paris. "In just two years we will increase the amount of AI computing capacity in Europe by a factor of 10," Huang told attendees at the French capital's annual Vivatech trade fair, striding around the stage wearing his trademark leather jacket. California-based Nvidia is by far the largest producer of chips for AI -- notably the Graphics Processing Units (GPUs) originally developed for high-end gaming. Nvidia's chips have proved uniquely suited for generative AI, whether powering robots, software or self-driving cars. Singling out a local firm, Huang said Nvidia would partner with French AI startup Mistral to build a cloud platform powered by 18,000 of Nvidia's latest high-end Blackwell chips. Basing the billions of euros (dollars) worth of hardware in Europe would offer firms the "strategic autonomy they need", Mistral chief Arthur Mensch told AFP, adding that the project would "strengthen European technological leadership". Huang said that Nvidia would build up existing partnerships, such as with French electrical goods maker Schneider Electric, including on developing gigantic data centres dedicated to AI -- which Nvidia calls "AI factories". It will also strengthen work with Germany's Siemens on so-called "digital twins" simluating real-world environments, and on automating industrial processes.
The Sun
11-06-2025
- Automotive
- The Sun
Nvidia trumpets European AI infrastructure push
PARIS: US chip giant Nvidia on Wednesday announced a broad infrastructure push into Europe, partnering with local companies to help build the continent's 'own ecosystem' for AI, chief executive Jensen Huang said in Paris. 'In just two years we will increase the amount of AI computing capacity in Europe by a factor of 10,' Huang told attendees at the French capital's annual Vivatech trade fair, striding around the stage wearing his trademark leather jacket. California-based Nvidia is by far the largest producer of chips for AI -- notably the Graphics Processing Units (GPUs) originally developed for high-end gaming. Nvidia's chips have proved uniquely suited for generative AI, whether powering robots, software or self-driving cars. Singling out a local firm, Huang said Nvidia would partner with French AI startup Mistral to build a cloud platform powered by 18,000 of Nvidia's latest high-end Blackwell chips. Basing the billions of euros (dollars) worth of hardware in Europe would offer firms the 'strategic autonomy they need', Mistral chief Arthur Mensch told AFP, adding that the project would 'strengthen European technological leadership'. Huang said that Nvidia would build up existing partnerships, such as with French electrical goods maker Schneider Electric, including on developing gigantic data centres dedicated to AI -- which Nvidia calls 'AI factories'. It will also strengthen work with Germany's Siemens on so-called 'digital twins' simluating real-world environments, and on automating industrial processes. Nvidia plans to feed its chips into data centres across Europe, including in Spain, Italy, Britain, Finland, Germany and Sweden. The world's government chiefs 'all want to have AI factories, they all want AI to be part of their infrastructure,' Huang said. He added that Nvidia was partnering with major companies to develop their own AI models more easily, such as French banking giant BNP or cosmetics heavyweight L'Oreal. 'I'm so happy that Europe is going all-in on AI,' he said. Europe is well behind competitors like the United States and China in building up the computing power needed to power generative artificial intelligence. The continent hosts 'less than five percent of global computing power, whereas we consume 20 percent,' French President Emmanuel Macron's office said in a press briefing ahead of the leader's visit to Vivatech. With its ability to sell into China still crimped by American export restrictions, Nvidia is on the hunt for growth opportunities elsewhere around the world.
Time of India
11-06-2025
- Business
- Time of India
Nvidia trumpets European AI infrastructure push
Live Events US chip giant Nvidia on Wednesday announced a broad infrastructure push into Europe, partnering with local companies to help build the continent's "own ecosystem" for AI, chief executive Jensen Huang said in Paris."In just two years we will increase the amount of AI computing capacity in Europe by a factor of 10," Huang told attendees at the French capital's annual Vivatech trade fair, striding around the stage wearing his trademark leather Nvidia is by far the largest producer of chips for AI -- notably the Graphics Processing Units (GPUs) originally developed for high-end chips have proved uniquely suited for generative AI, whether powering robots, software or self-driving out a local firm, Huang said Nvidia would partner with French AI startup Mistral to build a cloud platform powered by 18,000 of Nvidia's latest high-end Blackwell the billions of euros (dollars) worth of hardware in Europe would offer firms the "strategic autonomy they need", Mistral chief Arthur Mensch told AFP, adding that the project would "strengthen European technological leadership ".Huang said that Nvidia would build up existing partnerships, such as with French electrical goods maker Schneider Electric , including on developing gigantic data centres dedicated to AI -- which Nvidia calls "AI factories".It will also strengthen work with Germany's Siemens on so-called "digital twins" simluating real-world environments, and on automating industrial plans to feed its chips into data centres across Europe, including in Spain, Italy, Britain, Finland, Germany and world's government chiefs "all want to have AI factories, they all want AI to be part of their infrastructure," Huang added that Nvidia was partnering with major companies to develop their own AI models more easily, such as French banking giant BNP or cosmetics heavyweight L'Oreal."I'm so happy that Europe is going all-in on AI," he is well behind competitors like the United States and China in building up the computing power needed to power generative artificial continent hosts "less than five percent of global computing power, whereas we consume 20 percent," French President Emmanuel Macron's office said in a press briefing ahead of the leader's visit to its ability to sell into China still crimped by American export restrictions, Nvidia is on the hunt for growth opportunities elsewhere around the world.
