Nvidia-backed Perplexity AI on Wednesday released Comet, its first web browser, marking the search start-up’s most direct attempt yet to chip away at Alphabet’s Chrome franchise. The Chromium-based browser is initially limited to customers on Perplexity’s $200-a-month Max tier and to invitees, with wider availability promised later this summer. Comet embeds the company’s AI search engine and a sidebar agent capable of summarizing pages, booking meetings and automating routine online tasks. Perplexity says the software stores data locally rather than feeding it back into model training, a pitch aimed at privacy-conscious users.

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Nvidia Corp. Chief Executive Officer Jensen Huang will travel to Beijing next week for meetings with senior Chinese officials, including a possible session with Premier Li Qiang, the Financial Times reported. His visit is scheduled to coincide with the China International Supply Chain Expo, which opens on 16 July, and is aimed at laying the groundwork for a new artificial-intelligence processor tailored to the Chinese market.

The chip, which Nvidia intends to unveil as early as September, has been designed to comply with tightened U.S. export controls that prohibit sales of the company’s most advanced AI accelerators to China. By offering a slightly less powerful, rule-compliant product, Nvidia is seeking to preserve its position in a market where domestic competitors have been gaining ground as Washington and Beijing tighten technology restrictions.

Huang’s trip underscores the delicate balance U.S. technology firms must strike between adhering to American regulations and maintaining access to China, even as trade tensions escalate—including the 145 percent U.S. tariff on Chinese goods introduced in April. Pricing and technical specifications for the forthcoming processor have not yet been disclosed.

El Salvador is advancing its position in the global sovereign artificial intelligence (AI) race by becoming the first country to order Nvidia's most advanced AI chips, the B300 processors, which are not yet widely available worldwide. This move is part of a broader strategy led by President Nayib Bukele and the National AI Agency to transform the country into a global hub for technology and innovation, combining AI capabilities with its Bitcoin holdings. The government has made what is described as the world's first sovereign AI technology procurement. Additionally, El Salvador's Bitcoin portfolio has seen substantial gains, currently valued at $691 million with nearly $400 million in unrealized profits. This financial position supports the country's technological ambitions and positions it uniquely compared to other nations that remain embroiled in economic conflicts over fiat currencies.

Nvidia became the first publicly traded company to surpass a $4 trillion market capitalization on Wednesday, as its shares climbed as much as 2.5% to a record intraday high of roughly $164 on the New York Stock Exchange. The advance builds on a rally driven by unrelenting demand for the company’s artificial-intelligence processors and lifts its stock more than 1,300% since late 2022.

The milestone vaults the Santa Clara-based chipmaker past Microsoft, valued at about $3.7 trillion, and Apple at roughly $3.1 trillion, to become the world’s most valuable company. Nvidia’s swelling size gives it the largest single weighting in the S&P 500 at around 7.5%, helping the benchmark rise 0.6% and the Nasdaq Composite 0.9% on the day.

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Chinese firms are planning to install more than 115,000 Nvidia AI chips, including H100 and H200 models, in approximately 39 data centers located primarily in the western deserts of China, notably in the Xinjiang and Qinghai regions. These data centers, approved in the fourth quarter of 2024 by local governments, are part of China's broader strategy to enhance its artificial intelligence capabilities. The Nvidia chips intended for these projects are currently banned under U.S. export restrictions, raising questions about how the hardware will be acquired. One company involved, DeepSeek, has expressed interest in collaborating on these developments. Construction of the data centers is already underway, aiming to create a substantial computing infrastructure to support China's AI ambitions.

CoreWeave on 3 July became the first cloud provider to place Nvidia’s newest Blackwell Ultra processors in commercial service, after taking delivery of Dell-built GB300 NVL72 systems. The liquid-cooled racks integrate 72 Blackwell Ultra GPUs with 36 Grace CPUs and 36 BlueField-3 DPUs, delivering about 1.1 exaflops of FP4 inference performance—roughly 50 % more than the previous GB200 design.

Dell assembled and tested the systems in the United States and installed them with data-centre partners Switch and Vertiv. The rollout underscores CoreWeave’s strategy of offering the most recent Nvidia hardware ahead of larger rivals and lifted the company’s shares about 6 % on the day of the announcement; Dell rose roughly 2 % and Nvidia edged higher.

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Samsung Electronics forecast second-quarter operating profit of ₩4.6 trillion, a 56% fall from a year earlier and far below the ₩6.2 trillion average analyst estimate compiled by LSEG. Revenue is expected to edge down 0.1% to ₩74 trillion, according to the company’s preliminary earnings statement released in Seoul.

The world’s largest memory-chip maker blamed the shortfall on U.S. restrictions that limit exports of advanced AI processors to China and on inventory writedowns in its semiconductor division. Analysts said the loss of momentum was compounded by delays in winning Nvidia’s approval for Samsung’s latest 12-layer HBM3E high-bandwidth memory, allowing rival SK Hynix to capture the bulk of booming AI-related demand.

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Nvidia Corporation ($NVDA) is advancing its collaboration with MediaTek on the GB10 chip designed for the DGX Spark system, which is now reportedly entering volume production. The DGX Spark and associated end products are expected to launch sequentially in the near future. Key partners involved in this initiative include Dell Technologies ($DELL), Lenovo Group ($LNVGY), HP Inc. ($HP), GigaByte Technology, ASUS, Acer, and MSI. Market commentary highlights Nvidia's competitive positioning relative to Google ($GOOGL), particularly in the TPU (Tensor Processing Unit) space, with some observers noting Nvidia's assertive stance. Additionally, Palantir Technologies ($PLTR) has a net options delta equivalent to 380,000 shares, indicating notable options market activity.

Citi analyst Atif Malik has raised the price target for Nvidia Corp. (NVDA) from $180 to $190 per share, maintaining a Buy rating. The revision reflects an expanded outlook on the artificial intelligence (AI) market, particularly in the data center semiconductor segment. Citi now projects the AI data center semiconductor total addressable market (TAM) to reach $563 billion by 2028, up 13% from the previous estimate of $500 billion.

Additionally, the networking TAM forecast has been increased to $119 billion from $90 billion, driven by stronger sovereign demand. This upward adjustment underscores Citi's positive view on Nvidia's growth prospects amid accelerating AI adoption and infrastructure expansion. The price target increase represents approximately a 19% upside from current levels. Alongside Nvidia, Citi also raised the price target for Advanced Micro Devices Inc. (AMD) to $145 from $120, while maintaining a Neutral rating.

Options activity surged on 7 July, with roughly 44 million contracts changing hands, according to data cited by market-analytics firm TipRanks. The day’s volumes were concentrated in shares tied to artificial-intelligence themes, led by Nvidia, Tesla, MicroStrategy and Apple.

New bullish and bearish wagers were sizeable. Traders opened 40,000 Centene January-2027 $25 calls, 37,000 Tesla $95 puts expiring 11 July and 35,000 Alight July-2025 $6 calls, among other positions. Separate flow estimates put Palantir’s net options delta at the equivalent of about 1.09 million shares.

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Foxconn reported a 15.8% year-over-year increase in quarterly sales, reaching approximately $62 billion, driven by strong demand for AI servers powered by Nvidia chips and iPhones. The company also expects a net profit growth of 36.84% to 39.12% in the first half of the year. Nvidia's net options delta increased significantly, with notable activity reaching up to 3.5 million shares, reflecting heightened investor interest amid the launch of the GB10 chip co-developed with MediaTek for the DGX Spark platform. This chip is entering volume production, with sequential product launches expected, involving partners such as Dell, Lenovo, HP, GigaByte, ASUS, Acer, and MSI.

Apple also saw increased net options delta, with 1.9 million shares. Meanwhile, Iren and Palantir experienced substantial options trading volumes, with Iren's net options delta reaching 500,000 shares and Palantir's exceeding 1 million shares. Nvidia's stock has risen about 80% over the past three months, exhibiting high volatility for a mega-cap stock. Additionally, Foxconn's Industrial Internet segment hit a limit up in A-shares trading, with volume nearing 7 billion yuan. Market commentary highlighted potential impacts on Nvidia from tariffs and proposed legislation by former President Donald Trump.

Nvidia, the world's most valuable company with a market valuation of $3.9 trillion, is planning a multi-billion-dollar expansion in Israel by constructing a massive new technology campus in the northern part of the country near Yokneam. The company, which already employs over 5,000 people across seven research and development centers in Israel—the largest R&D presence outside the United States—is seeking to acquire 17 to 30 acres of land for the project. The proposed campus will cover up to 180,000 square meters and is expected to create between 3,000 and 5,000 new technology and engineering jobs. This move underscores Nvidia's commitment to strengthening its innovation footprint in Israel, a region recently noted for de-escalated tensions near the Lebanon border.

The United States plans to impose new export restrictions on advanced artificial-intelligence chips destined for Malaysia and Thailand, extending its efforts to prevent sensitive semiconductors from reaching China through third-country channels.

People familiar with the planned rule said the measure would require manufacturers such as Nvidia and AMD to obtain U.S. licences before shipping high-performance chips to the two Southeast Asian nations. Washington suspects that some of the components sent to Malaysia and Thailand are being rerouted to Chinese buyers despite existing curbs on direct sales to China.

Nvidia’s share price advanced as much as 2.4% to $160.98 on Thursday, lifting the chip designer’s market value to roughly $3.92 trillion. The move briefly eclipsed Apple’s record closing valuation of $3.915 trillion set last December and put the Santa Clara-based company on the brink of becoming the most valuable corporation in history. Demand for Nvidia’s high-end processors, which dominate the rapidly expanding market for artificial-intelligence data-centres, has driven its equity almost eight-fold since 2021.

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CoreWeave said Thursday it has installed the industry’s first Nvidia GB300 NVL72 artificial-intelligence server, becoming the inaugural cloud provider to run Nvidia’s Blackwell Ultra graphics processors in production. The rack-scale system was delivered by Dell Technologies and is already available to CoreWeave customers.

The liquid-cooled platform combines 72 Blackwell Ultra GPUs with 36 Nvidia Grace CPUs, a configuration Nvidia says can boost inference throughput by as much as 50 times, improve user responsiveness tenfold and deliver five times the energy efficiency compared with the prior Hopper architecture. The hardware is aimed at large-scale AI reasoning and agentic workloads.

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Iris Energy said it has ordered 2,400 of Nvidia’s new-generation Blackwell graphics processing units for roughly $130 million, deepening the bitcoin miner’s push into providing cloud computing capacity for artificial-intelligence developers.

The deal will lift Iris Energy’s total GPU fleet to about 4,300 units once the hardware is delivered and installed, expanding the company’s AI-focused infrastructure alongside its existing data-center and renewable-powered mining operations.

Investors welcomed the move: the stock jumped about 15% in early New York trading to a 52-week high of $18.18, extending a recent rally driven by growing demand for high-performance compute capacity.

El Salvador, under President Nayib Bukele, is advancing its sovereign artificial intelligence strategy by acquiring Nvidia's latest and most powerful AI chips, specifically the Nvidia B300 processors, which are not yet widely available globally. This move is part of El Salvador's broader ambition to position itself as a global hub for technology and innovation, supported by the National AI Agency. Concurrently, Bitcoin advocate Max Keiser has projected that when Bitcoin reaches a price of $200,000, approximately 500 million people worldwide will declare independence from central banks and nation-states, a movement he associates with El Salvador's transformation into a fully decentralized, Bitcoin node-driven nation by 2034. Keiser links this shift to a broader global financial realignment, including a collapse of the US dollar and a challenge to institutions like the International Monetary Fund. El Salvador's integration of advanced AI technology and its embrace of Bitcoin are seen as complementary steps in its security, economic, and cultural transformation.

Mizuho Securities raised price targets across a swath of semiconductor companies as the brokerage updated its industry estimates to reflect what it sees as sustained demand for artificial-intelligence servers and data-center hardware through at least 2026.

Lead analyst Vijay Rakesh lifted Nvidia’s target to $185 from $170, saying supply bottlenecks around its flagship GPUs are easing and demand for the forthcoming GB200 platform is accelerating. The firm also increased Advanced Micro Devices to $152 from $135, pointing to a ramp-up of the MI355X accelerator.

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Early reviews of Nintendo Co.’s Switch 2, which reached stores on 5 June, broadly applaud the hybrid console’s leap in processing power and its ability to upscale games to 4K when docked. A new Nvidia-based T239 chip, 12 GB of LPDDR5X memory and DLSS upscaling deliver markedly higher frame rates than the 2017 model, while a 7.9-inch display increases screen real estate.

Critics at Digital Foundry, Eurogamer and other outlets, however, fault the LCD panel’s 420-nit brightness and pronounced motion blur, saying image quality lags behind the Switch OLED screen and that advertised HDR and variable-refresh-rate features are largely ineffective. Battery life is also shorter—Nintendo cites as little as two hours under heavy load.

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Nvidia CEO Jensen Huang identified robotics as the company's largest growth opportunity after artificial intelligence (AI), describing both sectors as multitrillion-dollar markets. Speaking at Nvidia's 2025 annual shareholder meeting, Huang highlighted that robotics growth will be driven by autonomous vehicles and robotic factories. The company has experienced a 72% year-over-year revenue increase, reflecting strong confidence in these expanding markets despite competition. Nvidia's stock surged 17% in June, boosting Huang's personal fortune by an estimated $20 billion amid the ongoing AI boom.

Additionally, Taiwan's Foxlink, an Apple supplier, is pivoting to Nvidia-powered robotics, launching quadruped patrol robots in response to a slowdown in consumer electronics. Huang also acknowledged Tesla's leadership in self-driving car technology. Overall, Nvidia remains focused on leveraging AI and robotics as its primary long-term growth drivers.

Nvidia-backed Perplexity AI on Wednesday released Comet, its first web browser, marking the search start-up’s most direct attempt yet to chip away at Alphabet’s Chrome franchise. The Chromium-based browser is initially limited to customers on Perplexity’s $200-a-month Max tier and to invitees, with wider availability promised later this summer. Comet embeds the company’s AI search engine and a sidebar agent capable of summarizing pages, booking meetings and automating routine online tasks. Perplexity says the software stores data locally rather than feeding it back into model training, a pitch aimed at privacy-conscious users.

Read more

Nvidia Corp. Chief Executive Officer Jensen Huang will travel to Beijing next week for meetings with senior Chinese officials, including a possible session with Premier Li Qiang, the Financial Times reported. His visit is scheduled to coincide with the China International Supply Chain Expo, which opens on 16 July, and is aimed at laying the groundwork for a new artificial-intelligence processor tailored to the Chinese market.

The chip, which Nvidia intends to unveil as early as September, has been designed to comply with tightened U.S. export controls that prohibit sales of the company’s most advanced AI accelerators to China. By offering a slightly less powerful, rule-compliant product, Nvidia is seeking to preserve its position in a market where domestic competitors have been gaining ground as Washington and Beijing tighten technology restrictions.

Huang’s trip underscores the delicate balance U.S. technology firms must strike between adhering to American regulations and maintaining access to China, even as trade tensions escalate—including the 145 percent U.S. tariff on Chinese goods introduced in April. Pricing and technical specifications for the forthcoming processor have not yet been disclosed.

El Salvador is advancing its position in the global sovereign artificial intelligence (AI) race by becoming the first country to order Nvidia's most advanced AI chips, the B300 processors, which are not yet widely available worldwide. This move is part of a broader strategy led by President Nayib Bukele and the National AI Agency to transform the country into a global hub for technology and innovation, combining AI capabilities with its Bitcoin holdings. The government has made what is described as the world's first sovereign AI technology procurement. Additionally, El Salvador's Bitcoin portfolio has seen substantial gains, currently valued at $691 million with nearly $400 million in unrealized profits. This financial position supports the country's technological ambitions and positions it uniquely compared to other nations that remain embroiled in economic conflicts over fiat currencies.

Nvidia became the first publicly traded company to surpass a $4 trillion market capitalization on Wednesday, as its shares climbed as much as 2.5% to a record intraday high of roughly $164 on the New York Stock Exchange. The advance builds on a rally driven by unrelenting demand for the company’s artificial-intelligence processors and lifts its stock more than 1,300% since late 2022.

The milestone vaults the Santa Clara-based chipmaker past Microsoft, valued at about $3.7 trillion, and Apple at roughly $3.1 trillion, to become the world’s most valuable company. Nvidia’s swelling size gives it the largest single weighting in the S&P 500 at around 7.5%, helping the benchmark rise 0.6% and the Nasdaq Composite 0.9% on the day.

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Chinese firms are planning to install more than 115,000 Nvidia AI chips, including H100 and H200 models, in approximately 39 data centers located primarily in the western deserts of China, notably in the Xinjiang and Qinghai regions. These data centers, approved in the fourth quarter of 2024 by local governments, are part of China's broader strategy to enhance its artificial intelligence capabilities. The Nvidia chips intended for these projects are currently banned under U.S. export restrictions, raising questions about how the hardware will be acquired. One company involved, DeepSeek, has expressed interest in collaborating on these developments. Construction of the data centers is already underway, aiming to create a substantial computing infrastructure to support China's AI ambitions.

CoreWeave on 3 July became the first cloud provider to place Nvidia’s newest Blackwell Ultra processors in commercial service, after taking delivery of Dell-built GB300 NVL72 systems. The liquid-cooled racks integrate 72 Blackwell Ultra GPUs with 36 Grace CPUs and 36 BlueField-3 DPUs, delivering about 1.1 exaflops of FP4 inference performance—roughly 50 % more than the previous GB200 design.

Dell assembled and tested the systems in the United States and installed them with data-centre partners Switch and Vertiv. The rollout underscores CoreWeave’s strategy of offering the most recent Nvidia hardware ahead of larger rivals and lifted the company’s shares about 6 % on the day of the announcement; Dell rose roughly 2 % and Nvidia edged higher.

Read more

Samsung Electronics forecast second-quarter operating profit of ₩4.6 trillion, a 56% fall from a year earlier and far below the ₩6.2 trillion average analyst estimate compiled by LSEG. Revenue is expected to edge down 0.1% to ₩74 trillion, according to the company’s preliminary earnings statement released in Seoul.

The world’s largest memory-chip maker blamed the shortfall on U.S. restrictions that limit exports of advanced AI processors to China and on inventory writedowns in its semiconductor division. Analysts said the loss of momentum was compounded by delays in winning Nvidia’s approval for Samsung’s latest 12-layer HBM3E high-bandwidth memory, allowing rival SK Hynix to capture the bulk of booming AI-related demand.

Read more

Nvidia Corporation ($NVDA) is advancing its collaboration with MediaTek on the GB10 chip designed for the DGX Spark system, which is now reportedly entering volume production. The DGX Spark and associated end products are expected to launch sequentially in the near future. Key partners involved in this initiative include Dell Technologies ($DELL), Lenovo Group ($LNVGY), HP Inc. ($HP), GigaByte Technology, ASUS, Acer, and MSI. Market commentary highlights Nvidia's competitive positioning relative to Google ($GOOGL), particularly in the TPU (Tensor Processing Unit) space, with some observers noting Nvidia's assertive stance. Additionally, Palantir Technologies ($PLTR) has a net options delta equivalent to 380,000 shares, indicating notable options market activity.

Citi analyst Atif Malik has raised the price target for Nvidia Corp. (NVDA) from $180 to $190 per share, maintaining a Buy rating. The revision reflects an expanded outlook on the artificial intelligence (AI) market, particularly in the data center semiconductor segment. Citi now projects the AI data center semiconductor total addressable market (TAM) to reach $563 billion by 2028, up 13% from the previous estimate of $500 billion.

Additionally, the networking TAM forecast has been increased to $119 billion from $90 billion, driven by stronger sovereign demand. This upward adjustment underscores Citi's positive view on Nvidia's growth prospects amid accelerating AI adoption and infrastructure expansion. The price target increase represents approximately a 19% upside from current levels. Alongside Nvidia, Citi also raised the price target for Advanced Micro Devices Inc. (AMD) to $145 from $120, while maintaining a Neutral rating.

Options activity surged on 7 July, with roughly 44 million contracts changing hands, according to data cited by market-analytics firm TipRanks. The day’s volumes were concentrated in shares tied to artificial-intelligence themes, led by Nvidia, Tesla, MicroStrategy and Apple.

New bullish and bearish wagers were sizeable. Traders opened 40,000 Centene January-2027 $25 calls, 37,000 Tesla $95 puts expiring 11 July and 35,000 Alight July-2025 $6 calls, among other positions. Separate flow estimates put Palantir’s net options delta at the equivalent of about 1.09 million shares.

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Foxconn reported a 15.8% year-over-year increase in quarterly sales, reaching approximately $62 billion, driven by strong demand for AI servers powered by Nvidia chips and iPhones. The company also expects a net profit growth of 36.84% to 39.12% in the first half of the year. Nvidia's net options delta increased significantly, with notable activity reaching up to 3.5 million shares, reflecting heightened investor interest amid the launch of the GB10 chip co-developed with MediaTek for the DGX Spark platform. This chip is entering volume production, with sequential product launches expected, involving partners such as Dell, Lenovo, HP, GigaByte, ASUS, Acer, and MSI.

Apple also saw increased net options delta, with 1.9 million shares. Meanwhile, Iren and Palantir experienced substantial options trading volumes, with Iren's net options delta reaching 500,000 shares and Palantir's exceeding 1 million shares. Nvidia's stock has risen about 80% over the past three months, exhibiting high volatility for a mega-cap stock. Additionally, Foxconn's Industrial Internet segment hit a limit up in A-shares trading, with volume nearing 7 billion yuan. Market commentary highlighted potential impacts on Nvidia from tariffs and proposed legislation by former President Donald Trump.

Nvidia, the world's most valuable company with a market valuation of $3.9 trillion, is planning a multi-billion-dollar expansion in Israel by constructing a massive new technology campus in the northern part of the country near Yokneam. The company, which already employs over 5,000 people across seven research and development centers in Israel—the largest R&D presence outside the United States—is seeking to acquire 17 to 30 acres of land for the project. The proposed campus will cover up to 180,000 square meters and is expected to create between 3,000 and 5,000 new technology and engineering jobs. This move underscores Nvidia's commitment to strengthening its innovation footprint in Israel, a region recently noted for de-escalated tensions near the Lebanon border.

The United States plans to impose new export restrictions on advanced artificial-intelligence chips destined for Malaysia and Thailand, extending its efforts to prevent sensitive semiconductors from reaching China through third-country channels.

People familiar with the planned rule said the measure would require manufacturers such as Nvidia and AMD to obtain U.S. licences before shipping high-performance chips to the two Southeast Asian nations. Washington suspects that some of the components sent to Malaysia and Thailand are being rerouted to Chinese buyers despite existing curbs on direct sales to China.

Nvidia’s share price advanced as much as 2.4% to $160.98 on Thursday, lifting the chip designer’s market value to roughly $3.92 trillion. The move briefly eclipsed Apple’s record closing valuation of $3.915 trillion set last December and put the Santa Clara-based company on the brink of becoming the most valuable corporation in history. Demand for Nvidia’s high-end processors, which dominate the rapidly expanding market for artificial-intelligence data-centres, has driven its equity almost eight-fold since 2021.

Read more

CoreWeave said Thursday it has installed the industry’s first Nvidia GB300 NVL72 artificial-intelligence server, becoming the inaugural cloud provider to run Nvidia’s Blackwell Ultra graphics processors in production. The rack-scale system was delivered by Dell Technologies and is already available to CoreWeave customers.

The liquid-cooled platform combines 72 Blackwell Ultra GPUs with 36 Nvidia Grace CPUs, a configuration Nvidia says can boost inference throughput by as much as 50 times, improve user responsiveness tenfold and deliver five times the energy efficiency compared with the prior Hopper architecture. The hardware is aimed at large-scale AI reasoning and agentic workloads.

Read more

Iris Energy said it has ordered 2,400 of Nvidia’s new-generation Blackwell graphics processing units for roughly $130 million, deepening the bitcoin miner’s push into providing cloud computing capacity for artificial-intelligence developers.

The deal will lift Iris Energy’s total GPU fleet to about 4,300 units once the hardware is delivered and installed, expanding the company’s AI-focused infrastructure alongside its existing data-center and renewable-powered mining operations.

Investors welcomed the move: the stock jumped about 15% in early New York trading to a 52-week high of $18.18, extending a recent rally driven by growing demand for high-performance compute capacity.

El Salvador, under President Nayib Bukele, is advancing its sovereign artificial intelligence strategy by acquiring Nvidia's latest and most powerful AI chips, specifically the Nvidia B300 processors, which are not yet widely available globally. This move is part of El Salvador's broader ambition to position itself as a global hub for technology and innovation, supported by the National AI Agency. Concurrently, Bitcoin advocate Max Keiser has projected that when Bitcoin reaches a price of $200,000, approximately 500 million people worldwide will declare independence from central banks and nation-states, a movement he associates with El Salvador's transformation into a fully decentralized, Bitcoin node-driven nation by 2034. Keiser links this shift to a broader global financial realignment, including a collapse of the US dollar and a challenge to institutions like the International Monetary Fund. El Salvador's integration of advanced AI technology and its embrace of Bitcoin are seen as complementary steps in its security, economic, and cultural transformation.

Mizuho Securities raised price targets across a swath of semiconductor companies as the brokerage updated its industry estimates to reflect what it sees as sustained demand for artificial-intelligence servers and data-center hardware through at least 2026.

Lead analyst Vijay Rakesh lifted Nvidia’s target to $185 from $170, saying supply bottlenecks around its flagship GPUs are easing and demand for the forthcoming GB200 platform is accelerating. The firm also increased Advanced Micro Devices to $152 from $135, pointing to a ramp-up of the MI355X accelerator.

Read more

Early reviews of Nintendo Co.’s Switch 2, which reached stores on 5 June, broadly applaud the hybrid console’s leap in processing power and its ability to upscale games to 4K when docked. A new Nvidia-based T239 chip, 12 GB of LPDDR5X memory and DLSS upscaling deliver markedly higher frame rates than the 2017 model, while a 7.9-inch display increases screen real estate.

Critics at Digital Foundry, Eurogamer and other outlets, however, fault the LCD panel’s 420-nit brightness and pronounced motion blur, saying image quality lags behind the Switch OLED screen and that advertised HDR and variable-refresh-rate features are largely ineffective. Battery life is also shorter—Nintendo cites as little as two hours under heavy load.

Read more

Nvidia CEO Jensen Huang identified robotics as the company's largest growth opportunity after artificial intelligence (AI), describing both sectors as multitrillion-dollar markets. Speaking at Nvidia's 2025 annual shareholder meeting, Huang highlighted that robotics growth will be driven by autonomous vehicles and robotic factories. The company has experienced a 72% year-over-year revenue increase, reflecting strong confidence in these expanding markets despite competition. Nvidia's stock surged 17% in June, boosting Huang's personal fortune by an estimated $20 billion amid the ongoing AI boom.

Additionally, Taiwan's Foxlink, an Apple supplier, is pivoting to Nvidia-powered robotics, launching quadruped patrol robots in response to a slowdown in consumer electronics. Huang also acknowledged Tesla's leadership in self-driving car technology. Overall, Nvidia remains focused on leveraging AI and robotics as its primary long-term growth drivers.