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Today’s Topics Are:

- Nvidia's Plunge Despite Strong Earnings Sends Shockwaves Through Asian Tech Stocks
- Claude AI Gets Major Upgrade with Artifacts Feature: Here's How to Use It

Nvidia's Plunge Despite Strong Earnings Sends Shockwaves Through Asian Tech Stocks

Introduction:
Nvidia, the U.S. chipmaker, reported another record-breaking quarter with a $30 billion revenue for the three months ended July, marking a 122% year-on-year increase. However, despite this impressive performance, the company's stock saw a surprising drop in after-hours trading, causing ripples across Asian tech markets.

Nvidia's Earnings Report:
Nvidia's stellar earnings were driven by its data center products, which reached a record $26.3 billion, up 154% from the previous year. The company's next-generation Blackwell chips, set to accelerate AI development, are eagerly anticipated by the tech industry. Despite these strong numbers, Nvidia's stock fell 8.4% to $115.02 after the earnings announcement, as some investors felt the growth wasn't as explosive compared to previous quarters.

Impact on Asian Tech Stocks:
The stock decline in Nvidia had a ripple effect across Asia, impacting major tech stocks. In Japan, chip equipment makers like Tokyo Electron and Screen Holdings saw drops of 3.5% and 4.2%, respectively, while South Korea's memory giants, Samsung and SK Hynix, tumbled by 3.8% and 6.7%. Taiwan Semiconductor Manufacturing Co. (TSMC) also fell by 2.5%.

China Sales Amid U.S. Export Controls:
Nvidia's sales in China grew despite ongoing U.S. export restrictions on advanced AI chips. The company reported $3.7 billion in revenue from China, a 33.8% year-on-year increase. Nvidia's success in China was bolstered by the introduction of the H20, a modified AI chip tailored to comply with U.S. regulations. However, Nvidia's CFO, Colette Kress, cautioned that the Chinese market would remain highly competitive and challenging due to these export controls.

Conclusion:
Nvidia's remarkable earnings report underscores its dominance in the AI chip market, yet its stock's decline and the subsequent impact on Asian tech stocks highlight the unpredictable nature of the market. As Nvidia navigates export controls and competition, the tech world will be watching closely to see how the company adapts and continues to influence global technology trends.

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Claude AI Gets Major Upgrade with Artifacts Feature: Here's How to Use It

Claude AI, the ChatGPT rival developed by Anthropic, has just received a significant upgrade that could give it an edge over its competition. The introduction of "Artifacts" allows users to transform their AI conversations into more collaborative experiences by creating and viewing real-time projects directly within Claude.

What Are Artifacts? Artifacts are a new feature that enhances Claude AI’s capabilities by allowing users to see the output of their AI interactions in a separate window. This means you can work on tasks like drafting a website or creating a digital game, and see how your prompts affect the project instantly. This real-time feedback eliminates the need for third-party tools and streamlines the creative process.

How to Enable Artifacts To start using Artifacts, follow these steps:

1. Go to your Claude.AI Profile Settings by clicking on your initials in the lower left corner of the screen.

2. Tap "Settings."

3. Toggle the 'Enable Artifacts' option on (or off).

Once enabled, Claude can start generating Artifacts for any content that meets the criteria – typically projects that are "significant and self-contained," usually over 15 lines of content.

Examples and Benefits Artifacts can be particularly useful for tasks such as drafting a website, designing games, or any project that requires iteration and visual feedback. Users can see their edits in real-time, making the process smoother and more intuitive, especially on mobile devices.

In addition, both Free and Pro plan users can publish their Artifacts for others to remix, fostering a collaborative environment where ideas can be shared and improved upon. Team plan users can also share Artifacts, but only with their teammates.

Why This Matters With the introduction of Artifacts, Claude AI is positioning itself as more than just another ChatGPT clone. By focusing on real-time collaboration and enhanced privacy features, Claude is becoming a serious contender in the AI space. If you're looking for an alternative to OpenAI's ChatGPT, Claude could be the innovative tool you need.

That was it for this Weeks News, We Hope this was informative and insightful as always!

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