February 22, 2026

Chipmaker

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Nvidia Q3 results: Chipmaker giant reports 65% jump in net income; beats analyst predictions

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AI chip giant Nvidia on Wednesday reported profit of $31.9 billion and record high $57 billion quarterly revenue, surging beyond the bar set by stock market projections, potentially easing AI bubble fears.Investors closely watched as chipmaker Nvidia released its quarterly earnings amid the backdrop of AI bubble concerns.“Blackwell sales are off the charts, and cloud…

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Chipmaker Broadcom lays off employees in sales, accounting, and multiple other departments days after announcing $100B+ OpenAI partnership

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Chip giant Broadcom recently laid off employees in customer-facing roles, including sales and account management. This follows a significant strategic partnership with OpenAI to develop custom AI accelerators, signaling a focus on its high-margin chip design business amidst broader restructuring after the VMware acquisition. Chip giant Broadcom laid off employees this week in sales, customer…

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