Nvidia mulls mergers, acquisitions to use cash reserves

Nvidia is considering using its growing cash reserves for potential mergers and acquisitions.

CFO Colette Kress mentioned that such moves could bring in skilled teams to enhance Nvidia’s projects.

As of now, there are no specific plans disclosed.

Recent Nvidia developments

Timeline
26-Nov-2024 🎵 Nvidia launches AI audio manipulation tools Nvidia introduces AI model Fugatto for audio. Fugatto can create effects and modify sounds.
23-Nov-2024 🧠 Nvidia fast-tracks Samsung’s advanced AI chip certification Nvidia fast-tracks Samsung’s AI memory chip cert. HBM3E chips to enhance AI processing capabilities.
22-Nov-2024 📈 Nvidia reports 94% revenue jump despite slower growth Nvidia’s Q3 revenue up 94% to $35.08B. Growth slows from 122% rise in Q2.
21-Nov-2024 📉 Nvidia’s AI chip demand stays strong amid slower growth Nvidia projects slowest revenue growth in 7 quarters. AI chip demand remains strong amid data center investments.
19-Nov-2024 📊 Nvidia’s sales growth slows amid Blackwell chip delays Nvidia Q3 sales expected to rise 82.8% to $33.13B New Blackwell chips face production delays affecting growth
19-Nov-2024 ⚛️ Nvidia, Google partner to advance tech for quantum computing

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