The company also trimmed its 2025 profit outlook by $1.5 billion or 18% and said it now targets $6.65 billion in operating profit for the year.

Voyager Technologies, a defense and space tech company, aims to raise up to $319 million in an initial public offering that could value it as high as $1.6 billion, the company said on Monday.

Nvidia is caught in the middle of an escalating trade war between the world’s two largest economies. Nvidia on Tuesday said it will take a $5.5 billion financial hit after Washington placed ...