Nvidia (NVDA) and Thinking Machines reportedly forge a multi-year partnership; is to invest in thinking machines lab and supply AI chips; it will be making a significant investment in the co., according to reports
Newsquawk Staff ·
Nvidia (NVDA) and Thinking Machines reportedly forge a multi-year partnership; is to invest in thinking machines lab and supply AI chips; it will be making a significant investment in the co., according to reports.
What it means
Nvidia's multi-year partnership with Thinking Machines signals a substantial investment in AI technology and semiconductor supply. This move could enhance Nvidia's position in the fast-growing AI sector, potentially leading to increased revenue streams and a stronger competitive advantage in technology innovation. Market participants will likely watch for further details on the scale of investment and how it integrates with Nvidia's broader strategy.
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- US PRE-MARKET MOVERS: SKHY, NXPI, ENPH, APH, GOOGL, HOOD, PPG, VRT, GEV, GEHC, BSX, ETSY, WEN, V
- US Broker Moves: ENPH and DYN downgraded at Oppenheimer; FFIV downgraded at Piper Sandler
- UK confirms it will be removing the standing charge on gas bills. Ofgem will be directed to do this in 2027, or as soon as possible
- Teradyne (TER) Q3 2026 (USD): Adj. EPS 2.29 (exp. 2.08), Revenue 1.306bln (exp. 1.265bln); Adj. net income 359.9mln (exp. 320.3mln)
Related headlines
- Verisk (VRSK) integrates insurance intelligence with Amazon (AMZN) and Microsoft (MSFT) AI platforms1 hour ago
- Newsquawk US Daily Equity Opening News - SKHY surges after op profit beat; NXPI & STX down after results1 hour ago
- EUROPEAN OPEN: SKHY surges after Q3 profits; EQNR NO lifts FY production view; UBSG SW Q3 net income miss; DBK GY posts third straight record profit; MBG GY Q3 revenue & earnings fall; ULVR LN raises FY volume growth view; GSK LN Q3 profit & revenue beat6 hours ago
- TE Connectivity (TEL) Q4 2026 (USD) adj. EPS 3.14 (exp. 3.07), Revenue 5.35bln (exp. 5.29bln)4 hours ago
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios1 hour ago
- T-Mobile (TMUS) CEO to step down from the board1 hour ago
- GE Healthcare Technologies Inc. (GEHC) Q3 (USD): Adj. EPS 1.34 (exp. 1.20), Revenue 5.5bln (exp. 5.35bln), Adj. EBIT 913mln (exp. 838.8mln)4 hours ago
- Biogen Inc. (BIIB) Q3 2026 (USD): Adj. EPS 2.62 (exp. 1.98), Revenue 2.8bln (exp. 2.63bln). Raises lower end of FY26 diluted EPS guidance to USD 12.20-13.00 (exp. 12.23, prev. 12.00-13.00)4 hours ago
- Apple (AAPL) is set to unveil 14‑inch and 16‑inch touch MacBooks on Wednesday and discussed charging USD 2,899 for the new 14-inch touch Mac, while touch-screen Macs will be its priciest laptops16 hours ago
- Baker Hughes (BKR) Q3 (USD) EPS 0.70 (exp. 0.64), rev. 8.03bln (exp. 7.78bln)17 hours ago
- Canada's Competition Bureau says proposed arrangements between Air Canada and United Airlines (UAL) would lead to higher prices, with the Transport Minister set to review the findings of its investigation28 min ago
- JPMorgan Chase (JPM) reportedly faces an additional GBP 100-150mln tax bill following the UK government's decision to double the corporation tax surcharge on banks, potentially jeopardising plans for its new London headquarters, Sky News reports30 min ago
- Amphenol (APH) Q3 2026 (USD): Adj. EPS 0.80 (exp. 0.73), Sales 10.2bln (exp. 9.49bln)2 hours ago
- GE Vernova (GEV) expects USD 50-100mln of annual cost synergies from Trench by 2030, according to the conference call2 hours ago
- Daily US Conference Calendar - 28th October 2026: JNJ, BA, CAT3 hours ago