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Take Taboola, a New York-based company that helps web publishers recommend related content to readers and that Intel has touted as an example of how its chips remain competitive. The company uses Nvidia’s training chips to teach its algorithm to learn what to recommend and considered Nvidia’s inference chips to make the recommendations. Speed matters because users leave slow-loading pages. But Taboola ended up sticking with Intel for reasons of speed and cost, said Ariel Pisetzky, the company’s vice president of information technology.
Nvidia’s chip was far faster, but time spent shuffling data back and forth to the chip negated the gains, Pisetzky said, Second, Intel dispatched vintage tiffany cufflinks engineers to help Taboola tweak its computer code so that the same servers could handle more than twice as many requests, “My options were, you already have the servers, They’re in the racks,” he said, “Working with Intel, I can now cut back my new server purchases by a factor of two because I can use my existing servers two times better.”..
Nvidia has been working to solve those challenges. The company has rolled out software this year to make its inference chips far faster to help overcome the issue of moving data back and forth. And it announced a new family of chips based on a technology called Turing earlier this week that it says will be 10 times faster still, Huang said on the analyst call Thursday. “We are actively working with just about every single Internet service provider in the world to incorporate inference acceleration into their stack,” Huang said. He gave the example that “voice recognition is only useful if it responds in a relatively short period of time. And our platform is just really, really excellent for that.”.
NEW YORK (Reuters) - U.S, stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence, A broad rally pulled all three major U.S, indexes higher following Wednesday’s sell-off, Walmart Inc (WMT.N) vintage tiffany cufflinks shares jumped 9.3 percent after the world’s largest retailer topped earnings estimates and posted its best same-store sales growth in a decade, Easing trade tensions gave relief to tariff-vulnerable industrials, which led the Dow Jones Industrial Average’s advance, Boeing (BA.N) and Caterpillar (CAT.N) ended the session up 4.3 percent and 3.2 percent, respectively..
The S&P 500 industrial sector .SPLRCI gained 1.2 percent. Escalating tariff rhetoric cooled down on news that Beijing will send a delegation to Washington to help resolve the growing trade conflict between the world’s two largest economies. “The market’s getting a boost with some prominent companies coming in with some decent earnings, such as Walmart,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. “But I think this also shows the schizophrenic nature of the market when short-term market action is pegged so closely to trade wars and tariff talks, especially with China.”.
The Dow Jones Industrial Average .DJI rose 396.32 points, or 1.58 percent, to 25,558.73, the S&P 500 .SPX gained 22.32 points, or 0.79 percent, to 2,840.69 and the Nasdaq Composite .IXIC added 32.41 points, or 0.42 percent, to 7,806.52, All 11 major sectors of the S&P 500 ended the session higher, with telecom .SPLRCL and consumer vintage tiffany cufflinks staples .SPLRCS posting the largest percentage gains, Second-quarter reporting season is winding down, With 463 of S&P 500 companies having posted earnings, 79.3 percent have exceeded analyst estimates, according to Thomson Reuters I/B/E/S..
Cisco Systems Inc (CSCO.O) stock rose 3.0 percent after beating Wall Street revenue and profit targets. Cyber security firm Symantec Corp (SYMC.O) ended a five-day slide, advancing 4.6 percent after hedge fund Starboard Value LP bought a 5.8 percent stake in the company. Among losers, shares of J.C. Penney Co Inc (JCP.N) posted an all-time closing low, plunging 27.0 percent after it posted disappointing results and forecast a worse-than-expected full-year loss. Advancing issues outnumbered declining ones on the NYSE by a 2.97-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.
NEW YORK/BOSTON (Reuters) - OxyContin maker Purdue Pharma LP has tapped law firm Davis Polk & Wardwell LLP for financial restructuring advice, as its potential liabilities swell with a wave of lawsuits over the opioid addiction epidemic sweeping the United vintage tiffany cufflinks States, people familiar with the matter said on Thursday, Purdue and other opioid manufacturers, including Endo International Plc and Johnson & Johnson, have been fighting hundreds of lawsuits filed by U.S, states, counties and cities accusing the drugmakers of pushing addictive painkillers through deceptive marketing..