Capital · United States

NVIDIA Commits $1B to Advance US Science Over the Next 5 Years

Credited to HPCwire · hpcwire.com · 3h ago

Commitments Will Strengthen Fields Critical for US Leadership Including Quantum Computing, Healthcare and Energy Security

SANTA CLARA, Calif., Oct. 8, 2026 — NVIDIA today announced commitments valued at $1 billion to build out the United States’ capacity for artificial intelligence research and development in fields critical for U.S. leadership, including quantum computing, healthcare and energy security.

The announcement was made during the Science: A New Golden Age event in Washington, D.C., where U.S. officials, industry leaders and members of the science community convened on the public-private collaborations needed to bolster scientific exploration.

“With a $1 billion investment, NVIDIA is putting advanced [Artificial] Intelligence in the hands of America’s scientists to accelerate breakthroughs in medicine, energy and materials,” said Jensen Huang, founder and CEO of NVIDIA. “This is how America turns scientific leadership into industrial leadership, and innovation into jobs and opportunity for generations.”

During the event, the U.S. Office of Science and Technology Policy celebrated the expansion of the Genesis Mission, of which NVIDIA is a leading industry partner. In response, NVIDIA has invited members of the science community to collaborate in R&D using compute and artificial intelligence infrastructure resources to accelerate scientific discovery and promote U.S. innovation.

Strengthening US Leadership in Scientific Discovery

Over the next five years, NVIDIA will commit $1 billion to the advancement of artificial intelligence for science and quantum computing across the U.S. through support of the nation’s higher-education research institutions, investments in accelerating American quantum leadership and support for cloud service providers bolstering U.S. government mission needs.

NVIDIA is also a collaborator on a number of the phase 2 Genesis Mission awards announced today at the event, including projects in quantum computing, fusion, accelerator design and microelectronics.

NVIDIA has collaborated with U.S. national labs for more than two decades. Last year, it announced its partnership with the U.S. Department of Energy (DOE) on the Genesis Mission, which includes NVIDIA’s work to build the department’s largest supercomputer for scientific research at Argonne National Laboratory. This is in addition to supporting seven new systems across Argonne and Los Alamos National Laboratories, accelerating the DOE’s mission of driving technological leadership.

NVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

CapitalUnited States

JPMorgan's Gehl on Tech & AI Fundraising, Capex, IPO

Credited to Bloomberg$ · bloomberg.com6h ago

Useful

Matthew Gehl, Co-head of International Technology Investment Banking at JPMorgan spoke to Bloomberg's Tom Mackenzie at the 2026 JPMorgan Tech Stars event in London on Oct. 6. (Source: Bloomberg)

View the article · $Bloomberg

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Capital · Asia-Pacific

TSMC’s September sales surge year-over-year as AI drives chip demand

Credited to CNBC · cnbc.com · 11h ago

CHINA - 2026/09/25: In this photo illustration, the TSMC logo is seen displayed on a tablet screen. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Sopa Images | Lightrocket | Getty Images

The world's largest contract chipmaker Taiwan Semiconductor Manufacturing Co posted revenue of $511.86 billion New Taiwan dollars ($16.03 billion) for September, up 54.6% on the year prior, but down 0.6% on August.

Its third quarter revenue came around $NT1.49 trillion.

The company closed 1.35% lower ahead of releasing monthly figures.

TSMC, which counts Nvidia and Apple among its customers, has been a major beneficiary of surging demand for advanced AI chips.

In September, TSMC committed to using ASML's High NA extreme ultraviolet lithography machines, a key technology for producing more advanced chips, joining Samsung Electronics among customers adopting the technology.

It is scheduled to report its third-quarter earnings next week.

Correction: The story has been updated to reflect that sales did not hit a record high in September.