Seoul, Feb 25 (IANS) Seoul shares jumped nearly 2 per cent on Wednesday to surpass the 6,000-point mark for the first time, lifted by extended gains in technology and automobile stocks. The Korean won sharply rose against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI) advanced 114.22 points, or 1.91 per cent, to finish at a record high of 6,083.86 after hitting an intraday high of 6,144.71. The KOSPI has rallied for the fifth consecutive day, reports Yonhap news agency.Tra…
Latest Nvidia Corp. News & Updates
New Delhi, Feb 14 (IANS) Nvidia Corp on Saturday confirmed that its Chief Executive Officer Jensen Huang will not attend the India AI Impact Summit scheduled to begin next week in the national capital. Huang was earlier expected to speak to the media on February 17, but his visit has been cancelled due to unforeseen circumstances, the company said.”Due to unforeseen circumstances, Jensen Huang is unable to travel to India at this time,” it said.”NVIDIA remains deeply committed to the AI Impact S…
Seoul, Feb 8 (IANS) Samsung Electronics will begin mass production of the world’s first sixth-generation high-bandwidth memory, known as HBM4, later this month, industry sources said on Sunday.The South Korean tech giant plans to start shipping HBM4 chips as early as next week, following the Lunar New Year holiday, for use in graphics processing units (GPUs) made by Nvidia Corp., the sources said. Nvidia’s GPUs are widely used in generative artificial intelligence (AI) systems, reports Yonhap ne…
Seoul, Jan 14 (IANS) The head of South Korea’s automotive giant Hyundai Motor Group has visited three key overseas markets — China, the United States and India — at the start of the new year as part of the group’s global expansion strategy, the company said on Wednesday.Executive Chair Euisun Chung’s visits were aimed at exploring business opportunities in major economies that are expected to underpin the group’s future growth, while also seeking partnerships with leading global companies, the…
New Delhi, Jan 13 (IANS) Tesla CEO and founder of AI firm xAI, Elon Musk, on Tuesday sharply criticised Apple’s decision to adopt Google’s Gemini models for next‑generation Siri and Apple Foundation Models, calling it “an unreasonable concentration of power” for Google.Musk posted his criticism on the social media platform X after Google confirmed the multi‑year deal would supply Gemini models and cloud infrastructure to power Apple Intelligence features.“This seems like an unreaso…
Seoul, Jan 11 (IANS) The science ministry here said on Sunday it has shared a view with Nvidia Corp. on swiftly setting up a research centre in South Korea.Second Vice Science Minister Ryu Je-myung met with Jay Puri, executive vice president at Nvidia, in California on Friday (U.S. time), according to the Ministry of Science and ICT, reports Yonhap news agency.During the meeting, Ryu and Puri shared a consensus on the need to promptly establish Nvidia’s research and development facility in South…