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Chinese AI chipmaker Moore Threads raised ~$1.13B in the year's second-largest onshore IPO, valuing it at ~$7.6B, with the retail portion oversubscribed 2,750x (Bloomberg)

Bloomberg : Chinese AI chipmaker Moore Threads raised ~$1.13B in the year's second-largest onshore IPO, valuing it at ~$7.6B, with th...

19 June 2024

Sources detail how Jensen Huang and Nvidia are guarding against slowing chip sales, including offering more cloud services and designing custom server racks (The Information)

The Information:
Sources detail how Jensen Huang and Nvidia are guarding against slowing chip sales, including offering more cloud services and designing custom server racks  —  Around Christmas last year, Nvidia CEO Jensen Huang called a series of meetings with company executives to discuss a growing concern …

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