Nvidia’s Big Test as AI Chip Race Heats Up | Bloomberg Tech

Nvidia’s market performance remains the central focus as the chipmaker rebounds from a seven-day losing streak ahead of its quarterly earnings report. Investors are scrutinizing the company’s valuation, gross margins, and the sustainability of its AI-driven revenue growth. OpenAI is addressing compute demands with its new "Jalapeno" inference chip, which leverages a novel architecture to achieve ultra-low latency and lower infrastructure costs. Meanwhile, the broader tech sector is seeing significant activity, including Apple’s latest Mac mini and Studio upgrades, Gatic’s $200 million funding round for autonomous trucking, and Alice’s $140 million raise to secure frontier AI models against misuse. Amid these developments, escalating trade tensions between Canada and the United States, marked by new retaliatory tariffs, continue to influence market sentiment and supply chain stability across the technology landscape.