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Nvidia sees 94% surge in Q1 sales: Chipmaker reports strong AI-driven growth

Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…

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Sebi Gold And Silver Valuation Norms: Sebi revises valuation norms for gold, silver held by mutual funds; polled spot prices to be used from April 2026

Capital markets regulator Securities and Exchange Board of India (Sebi) on Thursday revised the valuation methodology for physical gold and silver held by mutual fund schemes, mandating the use of polled spot prices published by recognised stock exchanges for determining their value.The new framework will come into effect from April 1, 2026.“It has been decided…

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Micron Technology Sanand Plant: PM Modi to inaugurate Micron’s semiconductor ATMP plant in Gujarat on February 28

Prime Minister Narendra Modi will inaugurate US-based chipmaker Micron Technology’s semiconductor assembly and testing plant at Sanand in Gujarat on Saturday(February 28).The state-of-the-art ATMP (Assembly, Testing, Marking and Packaging) facility has been set up with an investment of Rs 22,516 crore. Located near Ahmedabad, the Sanand plant marks a major step in India’s semiconductor journey…

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