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    ET Graphics: Prices rise on every front

    Retail inflation rose to 6.09% in October, crossing the RBI’s 6% upper limit for the first time under the new CPI series. Food inflation hit 8.94%, while 26.5% of items and 11 states and UTs recorded inflation above 6%.

    JEE Advanced 2027: IIT Delhi announces exam date, check eligibility criteria, registration details and latest updates

    IIT Delhi has set the examination date for JEE Advanced 2027 on May 23, 2027. The examination will be conducted in a computer-based test format at designated test centres across India. Candidates must meet eligibility criteria, including being among the top 2,50,000 successful candidates. Registration details will be announced later through the official website, jeeadv.ac.in, which will also provide updates.

    South Korea says Nvidia will keep GPU pledges after Huang's resignation

    The Minister of Science and ICT of South Korea has confirmed that Nvidia will supply 260,000 GPUs as part of a commitment made during last year's APEC meetings. Despite Jensen Huang's resignation, Minister Bae Kyung-hoon emphasized that the deal remains in place. This partnership aims to leverage joint efforts in AI chips, infrastructure enhancement, and talent cultivation, reinforcing advancements in artificial intelligence across the region.

    The Taylor Swift of Tech: Jensen Huang's mastermind rise, wildest dreams and the anti-hero fall

    Jensen Huang has resigned from Nvidia, where he served as president and chief executive for 33 years. Allegations about his extramarital relationships, which raised national security concerns, prompted the resignation. Reports indicated one involvement linked to a businesswoman suspected of espionage connections. Huang acknowledged infidelity and faced investigations regarding possible foreign intelligence targeting. His departure marks the conclusion of a transformative era for Nvidia in the technology sector.

    How Jensen Huang, the Taylor Swift of tech, reached the pinnacle of success and then fell in the quagmire of multiple extramarital affairs involving Alice Huang, Kimberly Powell and a third unidentified Nvidia employee

    Jensen Huang, co-founder and CEO of Nvidia, resigned amid controversy from extramarital affairs. Investigations are ongoing regarding his alleged ties to individuals suspected of espionage issues. The company's board has accepted his resignation after the scandal gained significant media attention. Colette Kress has been appointed as interim CEO during the search for Huang's permanent successor.

    Fallout from the Nvidia scandal may dampen the exuberance around the AI boom

    Nvidia CEO Jensen Huang resigned following reports of personal scandals, including extramarital affairs. His departure raised uncertainty in the AI sector and prompted rivals to consider increased competition. Competitors like Advanced Micro Devices and Broadcom saw share price gains on the news.

    • Jensen Huang’s Nvidia exit raises fears over the future of AI financing

      Nvidia CEO Jensen Huang's reported departure rattled global markets, triggering concerns over the chipmaker's leadership, AI investments and data-centre financing strategy. Nvidia shares tumbled, while Chinese chipmakers rallied amid expectations of potential gains in market share.

      Who founded Nvidia? In 1993, three engineers got together at America's iconic Denny's diner and changed the course of tech history

      Nvidia was established in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem to improve computer graphics. The company evolved from a focus on graphics chips to becoming a leader in artificial intelligence technology. Jensen Huang has resigned as CEO after leading the company for 33 years, impacting its direction and identity. Colette Kress has been appointed interim CEO while searching for a permanent successor.

      Post-Gen Jensen Nvidia: A smooth leadership transition needed

      The scale of Huang’s indiscretions outweighs anything reported so far in corporate history. Nvidia is the world’s 2nd most-valuable company, and reached $5.6 tn peak value — before the scandal broke. Investors have lost $600 bn this week. This matters, because of the weight Nvidia and fellow technology stocks have in the US500. The effects are rippling through AI and technology stocks to the broader market and risk throttling investment. An AI slowdown will squeeze US growth and intensify fiscal stress.

      Before Nvidia, Kimberly Powell was an engineering intern in radiology tech; How she built an 18-year career in AI healthcare, now in the spotlight after Jensen Huang report

      Kimberly Powell did not begin her career in AI drug discovery. She started as an engineering intern, working with radiologists and medical imaging technology. That experience eventually brought her to Nvidia, where she spent 18 years building its healthcare business. Now, a report about her alleged relationship with Jensen Huang has put her in the headlines. But how did she go from working in radiology to becoming one of Nvidia's senior executives?

      From medical imaging to AI drug discovery: The 18-year Nvidia career of Kimberly Powell, now in the spotlight after Jensen Huang relationship report

      Kimberly Powell joined Nvidia in 2008 to promote its chips for medical imaging. She became vice president of healthcare in 2017 and now oversees technology for medical imaging, life sciences and drug discovery. A New York Times report alleging an intimate relationship with CEO Jensen Huang has shifted attention to her long career and their workplace relationship.

      Nvidia leadership crisis puts global AI trade under pressure

      Uncertainty over Nvidia CEO Jensen Huang’s future has sparked investor concerns about the company’s financial backing of the global AI boom. Reports of alleged personal controversies triggered a share sell-off, while competitors gained. Investors fear leadership changes could disrupt Nvidia’s investment strategy, AI infrastructure funding and broader technology market stability.

      Investors worry the AI trade needs Nvidia's Huang and its largesse

      Nvidia's shares fell 8% following concerns about CEO Jensen Huang's leadership amidst personal controversies. Investors fear his potential ouster may impact the company's support for AI developments and market strategies. Chipmakers across Asia also experienced declines due to funding risks and demand outlook fears. Despite uncertainties, analysts believe Nvidia's core technology will remain central to AI market growth.

      Investors worry the AI trade needs Nvidia's Jensen Huang and its largesse

      Investors worry that a change in leadership at Nvidia might affect the company’s support for the AI market. Reports of CEO Jensen Huang’s extramarital affairs have led to speculation about his future. As Nvidia’s board deliberates over Huang's fate, the market reacts with cautious sentiment.

      Why is Nvidia so powerful in the AI world, and what could Jensen Huang's scandal really cost?

      Nvidia's CEO Jensen Huang has recently admitted to an extramarital affair, and the woman involved, Alice Huang, has been accused of being a Chinese spy. The company's share price tumbled after the affair was revealed and is reportedly under criminal investigation. The industry is known for its circular financing schemes, with investors already fretting over whether AI investments can ever return profits.

      Who is Kimberly Powell? Nvidia vice president who had extramarital affair with CEO Jensen Huang allegedly

      Kimberly Powell, Nvidia's vice president of healthcare, has been named in a New York Times report alleging that CEO Jensen Huang had an extramarital relationship with her. Powell joined Nvidia in 2008 and now leads its worldwide healthcare business, covering AI, medical imaging, life sciences and drug discovery.

      Google's expanding AI chip business opens new opportunities for Samsung, SK hynix beyond Nvidia

      Google's strategy to boost its tensor processing units is likely to create greater demand for high-bandwidth memory from Samsung and SK hynix. With nearly 100 TPU clients, including Oracle ready to utilize Google's chips by 2024, both memory giants aim for long-term supply contracts as the need for HBM in custom AI chips accelerates. However, the transition from this potential to actual orders is hindered by current production obligations.

      GTA 6 will aim to run at 30 FPS on all consoles like PS5, PS5 Pro and Xbox Series X & S. Rockstar Games have confirmed that GTA 6 will run at 30 FPS due to high CPU demands in the open world simulation in Leonida. The PS5 Pro will also have some extra ray tracing features and PSSR upscaling.

      Jensen Huang is bigger than Nvidia — and it’s a problem

      Nvidia has initiated an investigation regarding CEO Jensen Huang after acknowledgment of a romantic involvement with a Chinese spy. This revelation has raised questions about the company's future stability and ongoing projects. Investors are apprehensive about key-person risk due to Huang's significant influence on Nvidia’s operations and strategy.

      How China gets the Nvidia chips it needs to develop AI

      Nvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessing advanced processors. Chinese firms are reportedly obtaining Nvidia chips through smuggling and overseas data centres, while domestic players such as Huawei race to develop competitive alternatives.

      Jensen Huang's influence over Nvidia raises questions about AI industry's dependence

      Nvidia CEO Jensen Huang's influence extends beyond the chipmaker, shaping AI investment, chip supply and industry sentiment. His central role has also raised questions about succession planning and the risks of relying on one executive, as the company investigates whether he was targeted by a foreign intelligence effort involving China.

      Chinese chipmakers Denglin and Xinde make mixed Hong Kong market debuts

      Chinese chipmakers Suzhou Denglin Technology and Jiangsu Xinde Semiconductor Technology made contrasting Hong Kong market debuts after raising a combined HK$2.36 billion through their IPOs. Denglin opened 0.9% below its offer price, while Xinde gained 20.5%. Both companies plan to use most of the proceeds to expand their semiconductor businesses.

      Karnataka clears Rs 6,826-crore industrial investment proposals, 131 outside Bengaluru

      Karnataka's State Level Single Window Clearance Committee has approved multiple industrial projects worth Rs 6,825.93 crore. The majority of these projects will be set up outside Bengaluru, promoting regional growth. These projects are expected to generate around 18,600 jobs across various sectors, including IT and food processing. Notable investments include IT parks in Devanahalli and Doddanekundi, attracting significant capital.

      Google to introduce two variants of in-house chips: Bloomberg News

      The search giant's shares were up more than 2% in premarket trading. Through last close, the stock has fallen 9% so far this year. Alphabet did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.

      NSE rolls out direct-to-chip liquid cooling to scale AI computing capabilities; plans to scale GPU capacity beyond 80 this quarter

      The NSE has deployed Direct-to-Chip Liquid Cooling technology at its on-premises data centre to support expanding AI infrastructure. The exchange plans to scale its GPU capacity to more than 80 units this quarter, with the cooling system designed to accommodate up to 224 GPUs across high-density racks.

      South Korean shares rebound as chipmakers recover from AI-driven selloff

      South Korean shares rebounded on Monday as benchmark index KOSPI rose over 1.5%. Chip giants Samsung Electronics and SK Hynix led the recovery following Wall Street gains and government assurances over Nvidia GPU supply continuity, despite remaining net selling pressure from foreign investors.

      AI boom turns chip packaging into the next battleground for semiconductors

      Billions of dollars are being invested in advanced chip packaging due to the demand for AI chips. This growing need is pushing companies to expand their production capacities significantly. Taiwan's TSMC is at the forefront of packaging technology, yet limitations have spurred alternatives.

      AMD forecasts fourth-quarter revenue above estimates on strong AI chip demand

      Advanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Although the company's forecast for adjusted gross margin stands at 55%, it falls slightly short of analyst expectations. A remarkable 97% year-on-year increase in data-centre revenue showcases AMD's growth. However, the company currently faces challenges in sourcing high-bandwidth memory, essential for its AI processors.

      Chip startup Agrani Labs looks to raise $108 million from Peak XV, Google, Samsung

      Peak XV Partners is leading the round and is expected to contribute more than half of the total funding. Google, HCL Tech, Samsung Ventures and Stargazer, an investment firm set up by Groww's founders, are also expected to participate, the people cited above said.

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