Nvidia forecasts lower revenue as U.S. curbs cost $8B in sales
Nvidia topped first-quarter earnings expectations but cut its second-quarter outlook, citing an $8 billion blow from tighter U.S. export rules on AI chips to China.
Nvidia CEO Jensen Huang forecasted a rapid arrival of humanoid robots in manufacturing, stating that widespread use in factory settings is likely within the next few years.
Speaking to a packed crowd at the company’s annual developer conference in San Jose, California, Huang emphasized that the transition is closer than many might expect.
During his keynote address, delivered in front of a bustling hockey stadium, Huang unveiled new software tools aimed at enhancing the ability of humanoid robots to navigate complex environments. “When, literally, humanoid robots are wandering around, it won’t be a five-years-away problem—it’s a few-years-away problem,” Huang told journalists afterward.
Huang noted that manufacturing facilities are the ideal starting point for such innovations, given the controlled nature of factory tasks. “I think it ought to go to factories first. The domain is much more guard-railed, and the use case is much more specific,” he explained, adding that the economic benefits are clear. He mentioned that the going rate for renting a humanoid robot is likely around $100,000, suggesting strong economic incentives for early adoption in industrial settings.
As Nvidia continues to drive advancements in artificial intelligence and robotics, Huang’s remarks underscore a broader shift in technology that could soon transform traditional manufacturing processes.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
China has taken a major step in deep space exploration with the launch of Tianwen-2, aiming to become the third nation to return samples from an asteroid.
A newly discovered object in the Milky Way is baffling astronomers with bursts of radio and X-rays every 44 minutes.
SpaceX's latest Starship launch from Texas ended in an uncontrolled spin before completing key mission goals, highlighting fresh challenges for Elon Musk’s ambitious Mars program.
Nvidia plans to roll out a lower-cost AI chip tailored for China based on its new Blackwell architecture, aiming to preserve its foothold in a shrinking but still critical market amid intensifying U.S. export restrictions.
Pakistan is positioning itself as a major tech hub, with Prime Minister Shehbaz Sharif announcing a $700 million IT investment and urging global investors to capitalize on the country's digital growth.
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