Summit Fastest Supercomputer

Accelerated computing is the way forward for the world’s most powerful computers. More than 600 applications support CUDA today, including the top 15 in HPC.

NVIDIA powers U.S.-based Summit, the world’s fastest supercomputer, as well as the fastest systems in Europe and Japan. More than 130 supercomputers on the TOP500 list are accelerated by NVIDIA, including five of the top 10.

Nvidia’s Invention of the GPU

In 1999 sparked the growth of the PC gaming market, redefined modern computer graphics, and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI — the next era of computing — with the GPU acting as the brain of computers, robots, and self-driving cars that can perceive and understand the world.

Fueled by the massive growth of the gaming market and its insatiable demand for better 3D graphics, we’ve evolved the GPU into a computer brain at the intersection of virtual reality, high performance computing, and artificial intelligence. NVIDIA GPU computing has become the essential tool of the da Vincis and Einsteins of our time. For them, we’ve built the equivalent of a time machine.

Nvidia acquires SwiftStack

Nvidia (NASDAQ:NVDAacquires the data storage and management platform for undisclosed terms.SwiftStack’s platform supports public cloud, on-premises, and edge deployments. Recent launches focus on AI and high-performance computing.

Nvidia is among SwiftStack’s list of customers, which also includes PayPal, Snapfish, and Verizon.SwiftStack raised about $23.6M in private funding.

Nvidia acquires SwiftStack digital wrks

Mar. 6, 2020 9:23 AM ET|About: NVIDIA Corporation (NVDA)|By: Brandy Betz, SA News Editor 

Semi levels attractive after pullback – Mizuho

Mizuho says semiconductor valuations look attractive at the current levels after another coronavirus-related pullback. Vijay Rakesh: “Bottom line, we believe with the pullback semis have definitely corrected some of the valuation excesses.”

Rakesh notes that the June quarter lacks visibility but estimates that a 5-10% topline impact is currently priced into shares.The firm would be buyers of semis with a six to nine month outlook and sees the long-term structural stories as intact despite the near-term headwinds.

Stocks seeing red include On Semi (ON -3.8%), Texas Instruments (TXN -3.4%), and Nvidia (NVDA -3.2%).

ETFs: HACKCIBRIHAKBUGFITE

Mar. 5, 2020 1:57 PM ET|About: ON Semiconductor Corporation (ON)|By: Brandy Betz, SA News Editor 


Cypress Semiconductor Plunges

Trump Blocking Infineon’s $8.7 Billion Bid – Go Away Trump

Semiconductor maker and designer Cypress Semiconductor plunges amid reports the Trump administration may block Infineon Technologies’ proposed $8.7 billion takeover bid.

Shares of defense-focused chipmaker and designer Cypress Semiconductor (CY) – Get Report plunged another 11% on Friday following reports that U.S. national security officials are recommending President Donald Trump block Infineon Technologies proposed $8.7 billion takeover of the company.

Cypress was down 11.39% at $17 in morning trading on Friday after ending the day Thursday down 17.4% at $19.18 following reports that Infineon’s planned purchase of the company is facing concerns from the Committee on Foreign Investment in the United States (CFIUS). CFIUS officials are concerned that Infineon’s takeover of the American chipmaker poses a risk to national security, people familiar with the matter told Bloomberg.

It wasn’t clear why CFIUS officials, which review foreign takeovers of U.S. businesses, see a national security risk. The panel, however, is particularly sensitive to any transaction that could allow Chinese buyers to get their hands on advanced U.S. technology. Cypress, based in San Jose, sells components and designs to the defense industry, although its products are not considered particularly sensitive. Infineon, based in Neubiberg, Germany, generates a large portion of its sales from China.

M. COREY GOLDMAN UPDATED:MAR 6, 2020 9:36 AM EST ORIGINAL:MAR 6, 2020

Synopsys – SNPS

Synopsys Inc., a company that specializes in developing software engineers use in testing semiconductor chips and other products, said profit, on a GAAP basis, fell in its latest quarter.

Mountain View, Calif.-based Synopsys reported earnings of $104.6 million, or 67 cents a share, down from $153.5 million, or $1.01 a share, the year earlier.

Excluding share-based compensation and after other adjustments, the company’s profit of $1.01 a share was 9 cents more than forecasts from analysts polled by FactSet.

Synopsys (/sɪˈnɒpsɪs/) is an American electronic design automation company based in Mountain View, California that focuses on silicon design and verification, silicon intellectual property and software security and quality. Products include logic synthesis, behavioral synthesis, place and routestatic timing analysisformal verification, hardware description language (SystemCSystemVerilog/VerilogVHDL) simulators, as well as transistor-level circuit simulation. The simulators include development and debugging environments which assist in the design of the logic for chips and computer systems. In recent years, Synopsys has expanded its products and services to include application security testing. Their technology is present in self-driving carsartificial intelligence, and internet of things consumer products.

luckin coffee inc. – LK

Luckin Coffee is a coffee chain in China. The company was founded by Qian Zhiya in Beijing in October 2017. Most of its stores are small “pick-up” stores that locate in office buildings or college campuses that serve for online orders’ pickup and delivery.

Luckin Coffee connects its operation with technology tightly and makes the process of selling, producing, and delivery simple and fast. Luckin Coffee did not open any traditional brick-and-mortar stores in the beginning. Its physical locations were only for making coffees and fulfilling online orders picked up by customers or delivery persons. Although most of its stores do not have seats or other services for customers, the target customers of Luckin Coffee are white-collar workers and students near the stores who do not have much time to drink coffee at stores.