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 announced its participation in the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2022, at 10:55 a.m. PT. This event will provide insights into NVIDIA's contributions to the tech industry, particularly in gaming and artificial intelligence. Investors and interested parties can access a live audio webcast of the presentation through NVIDIA's investor relations website, with a replay available for 90 days. NVIDIA continues to lead in GPU technology, impacting multiple industries including healthcare and manufacturing.
NVIDIA reported record quarterly revenue of $7.64 billion for Q4 FY22, marking a 53% increase year-over-year. Fiscal-year revenue reached $26.91 billion, up 61%. GAAP earnings per diluted share were a record $1.18, up 103% YOY. Significant growth was noted in Gaming, Data Center, and Professional Visualization sectors. However, NVIDIA terminated its acquisition of Arm due to regulatory challenges, leading to a $1.36 billion write-off. The outlook for Q1 FY23 anticipates revenue of $8.10 billion.
Jaguar Land Rover has partnered with NVIDIA to transform luxury automotive experiences starting in 2025. The collaboration aims to develop AI-powered autonomous driving systems and connected services, with all new vehicles built on NVIDIA's DRIVE software-defined platform. This integration will provide advanced safety features, real-time monitoring, and over-the-air software updates. The initiative aligns with Jaguar Land Rover's goal to achieve net-zero carbon emissions by 2039, showcasing a commitment to innovation and sustainability in the automotive industry.
NVIDIA will host its virtual GTC 2022 conference from March 21-24, featuring over 900 sessions and 1,400 speakers, including top technologists from major companies like Microsoft and Pfizer. The keynote by CEO Jensen Huang is scheduled for March 22 at 8 a.m. PT. Key topics include AI, accelerated computing, and digital twins, with sessions aimed at various skill levels. NVIDIA is committed to making AI accessible, providing free DLI course credits to minority-serving institutions and supporting startups through its NVIDIA Inception program.
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.