NVIDIA · Thu 12 Nov

Nvidia designs graphics processing units and networking hardware used to train and run artificial intelligence models, alongside the software frameworks built around them. Truncated covers its hardware releases, data center partnerships, regulatory policies and financial results.

Today · Thu 12 Nov

Nebius falls 10% as company expects increased 2026 capex spend, issues weak outlook

AI-generated summary Nebius shares dropped 10% after the company issued a weak outlook and reported expectations for increased 2026 capital expenditure spending. Nvidia held about $329 million in Nebius shares at the end of June according to a filing, while Nebius raised $5.75 billion in debt financing during the quarter.

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Few Silicon Valley executives have been as synonymous with their companies as Jensen Huang, the co-founder and chief executive of Nvidia.

AI-generated summary Jensen Huang resigned as the chief executive of Nvidia on Thursday following revelations regarding his relationships, leading the board to name Colette Kress as interim chief executive. The departure introduces uncertainty for Nvidia, which is a major producer of artificial intelligence chips and controls a large share of the market for computer chips used in artificial intelligence projects.