WSJ Tech News Briefing TNB Tech Minute: Nvidia Sets Fresh Sales Records
Aug 27, 2025
NVIDIA is breaking records, boasting a remarkable financial quarter driven by surging AI demand and stock buybacks. Meanwhile, three individuals face indictments over the theft of trade secrets from TSMC, sparking legal discussions. In a strategic move, Amazon is extending job offers to Whole Foods' corporate staff, hinting at significant changes ahead. Tune in for insights into these pivotal tech developments!
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Nvidia's AI-Led Revenue Surge
- Nvidia set new sales records driven by strong AI computing demand in the July quarter.
- The company posted $46.7 billion in sales and $26.4 billion in net income, signaling robust AI-led growth.
Strong Demand, China Uncertainty
- Nvidia is capitalizing on AI computing demand while managing uncertainty in China.
TSMC Trade-Secret Indictments
- Taiwanese prosecutors indicted three people over stolen TSMC chip secrets tied to Tokyo Electron orders.
- The arrests mark Taiwan's first use of national security laws for trade-secret theft in critical technology.