Nvidia Acquires SchedMD to Strengthen Open-Source AI Ecosystem
Nvidia has acquired SchedMD, the company behind Slurm, to boost open-source software and strengthen its position in the growing AI infrastructure market.
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Broadcom Stock Falls on Vague AI Outlook, Margin Concerns
Broadcom shares dropped despite $73B AI backlog and strong earnings as CEO declined 2026 forecast and warned of narrowing profit margins.
Rivian Builds Its Own AI Chip to Boost Future Self-Driving Features
Rivian has built its own AI chip, RAP1, to replace Nvidia tech and boost future self-driving features. The chip improves performance, lowers costs, and will debut in the R2 SUV.
Oracle Shares Plunge as AI Data Center Spending Outpaces Cloud Revenue Growth
Oracle stock drops 11% after missing revenue targets despite massive AI investments. Cloud sales lag expectations while capital spending jumps to $50B, raising investor concerns about AI profitability timeline.
China to Restrict Access to Nvidia H200 Chips Despite Trump Export Approval
Beijing plans limited access to Nvidia's H200 AI chips through approval process, prioritizing domestic semiconductor self-sufficiency despite Trump allowing exports with 25% US fee.
US Senators Introduce Bill to Block Nvidia Chips Sales to China
A new bipartisan bill would block Nvidia from selling its most advanced AI chips to China for 30 months, aiming to maintain the US lead in artificial intelligence.