Welcome to our dedicated page for Nvidia news (Ticker: NVDA), a resource for investors and traders seeking the latest updates and insights on Nvidia stock.
NVIDIA Corporation develops graphics processing units, accelerated computing systems, and software platforms used in gaming, artificial intelligence, data centers, and AI model development. Company news around NVDA commonly covers financial results, data center demand, AI infrastructure partnerships, networking and optical-connectivity collaborations, and platform launches such as NVIDIA Ising and NVLink Fusion.
Updates also address NVIDIA’s AI factory architecture, systems that connect GPUs for large workloads, quantum-computing tools for calibration and error correction, and governance changes involving the board, audit committee, and executive finance roles.
NVIDIA and SoftBank have terminated their agreement for NVIDIA to acquire Arm Limited due to regulatory challenges. Despite this setback, NVIDIA's CEO stated his commitment to support Arm as a licensee. SoftBank plans to prepare Arm for a public offering within the fiscal year ending March 31, 2023. This decision reflects a strategic pivot for Arm, which is positioned at the forefront of innovations in mobile computing, AI, and cloud technology.
NVIDIA will host a conference call on February 16, 2022, at 2:30 p.m. PT to discuss its financial results for Q4 and fiscal year 2022, which ended January 30, 2022. A written commentary from the CFO will be provided ahead of the call, available on investor.nvidia.com after the results are announced at approximately 1:20 p.m. PT. The call will include a limited Q&A session for financial analysts and institutional investors.
Veritone (NASDAQ: VERI) has announced that its MARVEL.ai synthetic voice solution is now compatible with NVIDIA's (NASDAQ: NVDA) Omniverse Audio2Face technology. This integration allows creators to access over 200 synthetic voices in 150 languages, enhancing virtual reality and animation projects. Veritone's Co-founder, Ryan Steelberg, emphasized the significance of this compatibility for metaverse development. The MARVEL.ai platform supports various industries by enabling users to create and monetize voice projects securely and ethically, facilitating seamless communication in immersive digital environments.
NVIDIA has unveiled over 160 gaming and Studio laptops powered by its latest GeForce RTX GPUs at CES 2022. The RTX 3080 Ti, starting at $2,499, delivers unprecedented performance, while the RTX 3070 Ti laptops begin at $1,499. The company also expands the NVIDIA Studio ecosystem and introduces the RTX 3050, making ray tracing more accessible at a starting price of $249. Additionally, partnerships with Electronic Arts, Samsung, and AT&T enhance the GeForce NOW cloud gaming experience. NVIDIA aims to transform the gaming landscape with these developments.
NVIDIA will participate in the 24th Annual Needham Virtual Growth Conference on January 10, 2022, at 9:30 a.m. Pacific Time. Interested parties can access a live audio webcast of the presentation at investor.nvidia.com, with replays available for 90 days post-event. NVIDIA, a leader in GPU technology since 1999, continues to innovate in AI and accelerated computing, impacting various trillion-dollar industries including transportation and healthcare.
NVIDIA announced a special address scheduled for CES on January 4, 2022, at 8 a.m. Pacific time. Executives Jeff Fisher and Ali Kani will showcase advancements in accelerated computing across sectors such as design, gaming, and autonomous vehicles. The presentation can be accessed live via NVIDIA's event page. The company, known for its groundbreaking work in GPU technology since 1999, continues to lead in AI and high-performance computing, influencing industries including transportation and healthcare.
INTEMA by MTS AI has joined the NVIDIA Inception VC Alliance, enhancing its AI accelerator program for startups. This collaboration grants access to over 9,000 startups from NVIDIA's Inception program, mentorship from industry leaders, and resources from the Deep Learning Institute. INTEMA's strategy includes investing up to $100,000 per startup, with top projects eligible for an additional $500,000. The partnership aims to strengthen both organizations in fostering innovation in artificial intelligence.
NVIDIA announced its participation in two upcoming financial events. The company will present at Deutsche Bank’s Virtual AutoTech Conference on December 9, 2021, at 1 p.m. PT and at the J.P. Morgan Tech/Auto Forum during the 2022 International CES on January 5, 2022, at 7:45 a.m. PT. Live audio webcasts of these presentations will be available on NVIDIA's investor relations website, with replays accessible for 90 days. NVIDIA continues to lead in GPU technology and accelerated computing, impacting various industries, including healthcare and transportation.
NVIDIA will present at several key financial community events: the Credit Suisse 25th Annual Technology Conference on Nov. 30, the Wells Fargo 5th Annual TMT Summit on Dec. 1, and the UBS Global TMT Virtual Conference on Dec. 6, 2021. Presentations will be available via live audio webcasts, with replays accessible for 90 days post-event. NVIDIA, known for its innovation in GPUs, is at the forefront of AI and accelerated computing, reshaping various trillion-dollar industries including transportation and healthcare.
NVIDIA reported a record revenue of $7.10 billion for Q3 FY22, a 50% increase year-over-year and a 9% increase from the prior quarter. Data Center revenue reached $2.94 billion, up 55%, while Gaming revenue hit $3.22 billion, rising 42%. GAAP earnings per diluted share were $0.97, up 83% from a year ago. The company anticipates Q4 revenue around $7.40 billion, plus or minus 2%. Key announcements from GTC included advancements in AI software development and the Omniverse platform for virtual collaboration.