Nvidia outbids Intel to buy Israel’s Mellanox in data centre push
(Reuters) – U.S. chip supplier Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help the firm boost its data centre and artificial intelligence business.
Nvidia, once known as a provider of gaming chips, now also provides chips to speed up artificial intelligence tasks such as teaching servers to recognise images. Mellanox makes chips that connect those servers together inside the data centre.
Nvidia’s Mellanox Buy Begs the Questions: Who’s Next?
Wall Street analysts approve of Nvidia ‘s (NVDA) deal to purchase Mellanox Technologies (MLNX) can mean only one thing: M&A in the semiconductor industry is alive and well.
Market Gyrations Send Shocking Reminders of 2009
Central banks around the world have caved in their desire to rid the world of the excess stimulus in the system that had been pumped in since the Global Financial Crisis.
In October last year, President Trump was snickering at how his precious “Trade Wars” was causing turmoil in the Chinese markets, as the S&P 500 was outperforming by 20%. Boasting only goes so far, if one does not understand the basics of Economics 101.
The U.S. is not immune to a slowdown in China or any part of the Asian world, as that is the biggest consuming market, despite what Trump wants to or tries to make the American public think. Q4’18 was a slap in the fact for anyone who thought otherwise.