For much of the pandemic, Nvidia (NASDAQ: NVDA) was selling every GPU it could have made. The cryptocurrency bubble coupled with booming video game sales sent demand for graphics cards, as well as prices, through the roof. The graphics card market is now in oversupply as Nvidia and its partners resort to discounts to bring down inventory levels. Read More...
Reuters
Factbox-The challenges automakers, and now Tesla, face with humanoid robots
Tesla’s CEO Elon Musk is set to unveil its prototype humanoid robots at an event on Sept. 30, hoping to expand beyond self-driving cars that have not yet become reality despite his repeated promises. While robots are widely used for specialist tasks at factories, other companies have struggled to create commercially viable human-like robots, despite decades-long development efforts. “This market is very, very challenging market because you buy this big expensive robot, but it actually cannot do much,” Heni Ben Amor, a robotics professor at Arizona State University, said.
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