Nvidia CEO Jensen Huang has declined an invitation from Sen. Elizabeth Warren to testify before the Senate Banking Committee at a June 11 hearing focused on artificial intelligence, China, export controls and American technological dominance. The decision has drawn more attention to Nvidia’s growing influence in the global AI race, especially as its advanced chips remain essential to training and running many of today’s most powerful AI systems. Warren had invited Huang to sp

Nvidia is once again showing how central it has become to the artificial intelligence boom. The company forecast second-quarter revenue of $91 billion, plus or minus 2 percent, beating Wall Street expectations of $86.84 billion. Alongside the strong outlook, Nvidia announced an $80 billion share buyback program and raised its quarterly cash dividend from 1 cent per share to 25 cents. Even with those major announcements, Nvidia’s shares slipped in extended trading, showing tha

Nvidia CEO Jensen Huang is pushing back against growing fears that artificial intelligence will destroy jobs, arguing instead that AI is creating a large new wave of work. Speaking at a Milken Institute event with MSNBC’s Becky Quick, Huang said AI should be seen as a job creator and a major opportunity for the United States to rebuild its industrial strength. His comments come at a time when many workers, especially younger and entry-level employees, are worried about how qu

Nvidia is signaling it may be done writing ever-larger equity checks to the AI startups it supplies, even as it remains the primary company selling the chips that make their ambitions possible. Speaking at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco on March 4, CEO Jensen Huang said Nvidia’s recent investments in OpenAI and Anthropic are likely to be its last in both companies, arguing that once they go public, the window for private investing

Nvidia has unveiled its next major leap in artificial intelligence hardware with the official launch of its Rubin computing architecture at the Consumer Electronics Show. Announced by CEO Jensen Huang, Rubin is positioned as Nvidia’s most advanced AI platform to date, designed to confront the rapidly growing computational demands of modern AI systems. Production of the architecture is already underway, with further ramp up expected in the second half of the year, signaling

Nvidia has reportedly begun requiring Chinese customers to pay the full amount upfront for its H200 artificial intelligence chips, reflecting heightened uncertainty around regulatory approvals in both China and the United States. According to Reuters, the U.S. chipmaker has implemented unusually strict terms that leave no room for refunds, order cancellations, or configuration changes once a purchase is placed, even though Beijing has not yet formally approved shipments of

Nvidia is accelerating its push into what it calls physical AI by unveiling new open AI models and developer tools designed to advance autonomous driving and robotics research. The centerpiece of this launch is Alpamayo R1, an open reasoning vision language model that the company describes as the first action-oriented model tailored specifically for autonomous driving. By combining visual perception with language-based reasoning, Alpamayo R1 allows vehicles to interpret the

Nvidia’s latest earnings paint a picture of a company not just riding the AI wave, but helping create its momentum. The chipmaker reported an astonishing $57 billion in revenue for the third quarter, a 62% jump from the same period last year (TechCrunch; Yahoo Finance; Startup Ecosystem). This surge was matched by equally impressive profitability: net income soared to $32 billion, up 65% year-over-year (TechCrunch; Yahoo Finance; Startup Ecosystem). Both figures blew past Wal