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Real-time News
According to the Iraqi state news agency, citing official sources, the Federal Reserve has transferred $500 million in cash to the Central Bank of Iraq.ConocoPhillips (COP.N): The potential delay in the start-up of the Qatar LNG project is not expected to have a significant impact on free cash flow.ConocoPhillips (COP.N): Capital expenditures for the Willow project are expected to decline, especially after the project is brought forward to production in early 2029.ConocoPhillips (COP.N): It is expected that if the Qatar LNG project is delayed, the delay could be in the form of months rather than a year.August 7th - According to The Information, Nvidia (NVDA.O) is considering a major measure to address the shortage of high-end, high-bandwidth memory chips. Nvidia is considering using a lower-than-planned memory configuration in its next-generation Rubin Ultra graphics processor. Sources familiar with the matter revealed that Nvidia has tested at least three versions of the Rubin Ultra graphics card in the past few weeks, some with lower memory specifications than initially announced. Part of the reason for this adjustment is that it may not be able to obtain enough high-end memory to meet the supply requirements of the original design. The reduction in memory will impact chip performance, but Nvidia can compensate for this in other ways. However, other AI companies using this chip with reduced memory to run large AI models will need to utilize more chips than originally planned.
