SAN FRANCISCO, United States, Aug 28, 2025 (BSS/AFP) - AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns about an AI chip spending bubble and the company's stalled business in China. The California-based firm posted profit of $26.4 billion on record revenue of $46.7 billion in the recently ended quarter, driven by intense demand for chips from major tech companies powering AI datacenter computing. While overall revenue significantly increased year-over-year, money taken in from Nvidia's Data Center compute products like its coveted graphics processing units (GPUs) declined 1 percent from the previous quarter. The drop was driven by a $4 billion decrease in sales of H20 chips-specialized processors the company designed for the Chinese...
HONG KONG, Aug 27, 2025 (BSS/AFP) - Asian markets diverged Wednesday morning following broad losses the previous day, as attention turns from political pressure on...
Asian stocks wobbled on Thursday as blowout earnings from artificial intelligence bellwether Nvidia were offset by worries over the outlook for its China business, while...
DAHKA, Aug 28, 2025 (BSS) – A delegation of the Nepal Foreign Trade Association (NFTA), led by its President Shiv Kumar Agarwal and Secretary General...
DHAKA, Aug 28, 2025 (BSS) - Chief Economist of the Bangladesh Bank Dr Akhtar Hossain today said that a rule-based monetary policy must be formulated...
DHAKA, Aug 28, 2025 (BSS) – Bangladesh’s foreign debt repayment reached $446.68 million in the first month (July) of the current fiscal year (FY26). According...
NARAYANGANJ, Aug 28, 2025 (BSS) - Narayanganj City Corporation (NCC) today announced a budget of Taka 775 crore 33 lakh 78 thousand and 158 for...
DHAKA, Aug 28, 2025 (BSS) - Senxin BD Co. Ltd., a Chinese company, will invest $10.81 million to set up a manufacturing unit for various...
DHAKA, Aug 28, 2025 (BSS) - The first meeting of the BGMEA standing committee on sweater affairs was held on August 26 at the BGMEA...
GENEVA, Aug 28, 2025 (BSS/AFP) - The Swiss economy will likely grow more slowly than previously expected next year due to the massive import tariffs...
The Rangpur divisional office of Bangladesh Standards and Testing Institution (BSTI) and Rangpur district administration jointly conducted the drive on Wednesday afternoon, said a press...
KABUL, Aug 28, 2025 (BSS/AFP) - After a four-year suspension, the Taliban government has announced it would resume pension payments for Afghanistan's nearly 150,000 retired...
TOKYO, Aug 28, 2025 (BSS/AFP) - Japan remains optimistic about the adoption of renewable energy despite Mitsubishi pulling out of three big offshore wind projects,...