Shares surged more than 8% following the earnings report.
Related Posts
The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO
CoreWeave sells access to Nvidia graphics processors as a service, allowing developers to rent chips by the hour so they can develop more advanced AI […]
Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race
Tencent and Baidu said stockpiling chips, optimizing AI models and using home-grown semiconductors have helped them progress with the tech.
Exxon beats fourth-quarter estimates with higher Permian, Guyana output
Exxon on Friday beat Wall Street’s estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.