Yotta Data Services, which controls up to 70% of India’s GPU capacity, said surging demand from local AI startups and global tech firms is tightening supply.

Nvidia unveils Vera Rubin, a next-gen AI system promising 10x performance per watt, modular design, and liquid cooling to power future data centers.

Shares in Nvidia skidded Thursday, despite the huge chip maker posting a jump in profit and record quarterly sales. The stock fell 5.5%, a move that erased $259 billion in market cap from the company,

Nvidia posted record $68.1 billion Q4 revenue and $43B net income, driven by data center AI demand, and guided $78B revenue for the current quarter.

Artificial intelligence chipmaker Nvidia beat Wall Street’s earnings expectations in posting a knockout quarter, largely attributing that growth to an inflection point with agentic AI adoption among enterprises, though more than a third of Nvidia’s revenue during fiscal 2026 came from just two customers.

Nvidia Corp., the dominant maker of artificial intelligence chips, suffered its worst stock decline in 10 months after the company’s latest forecast failed to dispel fears of an AI bubble.

The chip giant at the center of the artificial intelligence boom again beat expectations. But it didn’t overcome investor jitters.

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