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Apple’s DEI defense, Nvidia’s earnings beat, and Amazon’s quantum chip: Tech news roundup

March 3, 2025

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Apple (AAPL) shareholders on Tuesday voted to keep the iPhone maker’s diversity policies, shutting down a conservative think tank’s proposal.

The technology giant had defended its diversity, equity, and inclusion (DEI) practices ahead of its annual meeting. In a prepared statement, Apple cited its established compliance program and a desire to create a “culture of belonging where everyone can do their best work.”

Apple (AAPL) said Monday that it will invest $500 billion in the United States over the next four years, with a focus on supporting domestic manufacturing and artificial intelligence.

Nvidia CEO Jensen Huang in Taipei on June 2, 2024.

Photo: Annabelle Chih/Bloomberg (Getty Images)

Nvidia’s (NVDA) revenue and outlook topped analysts’ expectations, driven by demand for its new Blackwell chips. The stock fluctuated in after-hours trading after closing up 3.7%.

Make Money Online a chip prototype — Amazon Web Services’ first-generation quantum chip, Ocelot, developed by the AWS Center for Quantum Computing in Pasadena, California.

Amazon (AMZN) Web Services has unveiled its first-ever quantum computing chip that it said is a step toward building practical quantum computers at scale.

Nvidia’s record earnings reveal just 3 customers make up 30% of revenue

Nvidia (NVDA) finished the fiscal year by delivering record revenue and outlook above expectations for the fourth quarter — and more than doubling its full-year revenue from the previous year. Read More

Microsoft CEO Satya Nadella at OpenAI DevDay on November 6, 2023 in San Francisco, California.

Photo: Justin Sullivan (Getty Images)

Microsoft (MSFT) shares fell slightly on Monday following an analyst report that the company canceled some U.S. data center leases, potentially signaling an oversupply of AI infrastructure. Read More

Nvidia’s record earnings reveal just 3 customers make up 30% of revenue

Although the chipmaker will not disclose the companies, its top customers could likely include Alphabet, Amazon, Meta, Microsoft, and Tesla

Apple’s $500 billion bet on America: AI, factories, and thousands of jobs