Industry

Nvidia steps up next-generation chip design with in-house Vera CPU

Nvidia is deploying its in-house Vera CPU in semiconductor design processes to accelerate development of next-generation chips. The company said it worked with Cadence and Synopsys to optimise core electronic design automation applications. As chip design grows more complex, key EDA workloads such as logic simulation and formal verification still rely heavily on CPU performance. In tests, Cadence Jasper and Synopsys VCS delivered up to 1.5 times higher performance on some workloads with the same core count.

Industry

Elon Musk\'s trillionaire status ends as SpaceX slumps, halving net worth

Elon Musk’s estimated net worth topped $1.3 trillion soon after SpaceX’s listing, but fell within weeks to $725 billion as the stock slid. The drop reflected shrinking valuation gains on his SpaceX stake rather than a cash loss. SpaceX shares surged after pricing at $135, then fell to around $113 in late July. Tesla shares also weakened after results missed expectations.