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WSJ Tech News Briefing

TNB Tech Minute: Nvidia’s Stock Split Has Arrived

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 7 June 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus, Samsung workers in South Korea stage first-ever walkout. And SoftBank Corp. plans to build a large-scale AI data center in Japan. Zoe Thomas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

O. C.I. is the single platform for your infrastructure, database, application development, and

0:05.3

AI needs. Do more and spend less like Uber, 8 by 8, and Databrics Mosaic.

0:11.4

Take a free test drive of OCI at oracle.com

0:14.4

slash Wall Street. Here's your Tn B Tech Minute for Friday June 7th. I'm

0:21.4

Zoe Thomas for the Wall Street Journal.

0:23.4

Envidias 10 for 1 stock split took place after the market closed today.

0:28.4

Trading on the split adjusted basis will start on Monday.

0:31.8

The artificial intelligence boom increased demand

0:34.4

for NVIDIA's chips and the company's valuation has soared. The chipmaker says it wants to

0:39.7

make stock ownership more accessible to employees and investors.

0:44.3

Unionized workers at Samsung Electronics staged what they say was the first ever walkout

0:49.7

at the South Korean technology giant.

0:52.1

The action at the world's top memory chipmaker

0:54.4

had no immediate impact on operations. The National Samsung Electronics Union says

0:59.7

many of its members walked out after several rounds of wage talks broke down.

1:04.8

Union officials declined to give details on how many workers went on strike.

1:08.8

A Samsung spokesman says the company's management has been and will continue to be sincere in talks with the

1:14.8

union.

1:16.5

And Soft Bank Corp plans to build a large-scale data center at Sharp Corp's plans in Osaka,

1:22.1

Japan.

1:23.2

The Japanese Telecom Unit of Soft Bank Group

1:26.2

says it will use the Data Center for its own generative AI

...

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