Nvidia’s Q3 revenues rise 57% to $4.73 billion as gaming and datacenters stay strong

Nvidia reported revenues of $4.73 billion for its third fiscal quarter ended October 25, up 57% from a year earlier. The revenues and non-GAAP earnings per share of $2.91 a share beat expectations as new gaming hardware and AI products generated strong demand.

Read More

If Nvidia buys Arm, how open will it remain?

SoftBank took Arm private in 2016 for $32 billion. At the time, SoftBank CEO Masayoshi Son said he was preparing for the Singularity, the predicted day when AI collectively becomes more intelligent than human beings. But SoftBank has run into a cash crunch as it is losing billions of dollars during the pandemic and bad bets on Uber and WeWork.

Read More