
Nvidia turns to CFO Kress to steady ship after Huang exits
Her appointment comes less than three months before Nvidia's fiscal year ends.
Stories and analysis from The Northern Express Herald.
OPINION: The AI build-out looks closer to 1995 than the dotcom peak of 1999.
NY Times: US officials suspected Megaspeed of illegally routing Nvidia chips to China.
NYT: Huang admitted to a relationship with a businesswoman believed to be a Chinese spy.
Nvidia shares fell more than 8% in opening trading on Monday.
Shares in the company dropped 8%, and it is also likely to face shareholder lawsuits.
Jensen Huang has admitted to an intimate relationship with tech executive Alice Huang.
NY Times: A US memo said Alice Huang was recruited to gather intelligence on Jensen Huang.
OPINION: New Zealand’s limited tech exposure and food exports may cushion the shock.
Some midterm winners pledged moratoriums on new data centre projects.
Bloomberg: Traders are bracing for more shocks from the US midterms and Nvidia earnings.
Four tech giants are on track for over US$700b in capital investment this year.
Microsoft earned more than US$36.6 billion in profit, beating its forecast.
But gains tempered as traders await Fed decision.
Microsoft and Nvidia have launched the powerful Surface Laptop Ultra; Gorilla Technology's Paul Spain breaks down what it can do. Video / Ryan Bridge TODAY
New York Times: The S&P 500 fell 1.2%, its biggest daily decline since July.
Seoul’s Kospi fell 7.6% after briefly triggering a trading halt.
Michael Dell and Satya Nadella will receive the top US technology medal.
The alleged mishandling involved an external organisation that evaluates AI models.
OPINION: AI regulation gives Big Tech a second moat.
Astra 6.1 fell short on staying within scope and reporting its work.
Nvidia’s total buyback programme now stands at $414 billion.
New York Times: Several companies tied to the industry have delayed their IPOs.
His family’s tech ventures grow as US President pushes faster AI development.