Nvidia touts new products aimed at expanding its AI dominance

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 38 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 98%

Nvidia News

Artificial-Intelligence

Chip firm looking to extend its lead over the likes of Intel and AMD

Co-founder, president and CEO of Nvidia Corporation, Jensen Huang, presents NVIDIA Blackwell GPU as he delivers his keynote speech ahead of the COMPUTEX 2024 trade show, in Taipei on Sunday.Nvidia chief executive Jensen Huang unveiled new software and services aimed at spreading artificial intelligence computing throughout the economy, a movement that he describes as a new industrial revolution.

Nvidia has been the main beneficiary of a large flood of AI spending, helping turn the company into the world’s most valuable chipmaker. But it now looks to broaden its customer base beyond the handful of cloud-computing giants that generate much of its sales. As part of the expansion, Huang expects a larger swath of companies and government agencies to embrace AI – everyone from shipbuilders to drug developers.

Microsoft and its hardware partners are using Computex to show off new laptops with AI enhancements under the branding of Copilot+. The majority of those devices coming to market are based on a new type of processor that will enable them to go longer on one battery charge, provided by Nvidia rival Qualcomm Inc.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia’s revenue soars 262% on record AI chip demandSemiconductor maker also announces a 10-for-1 stock split after quarterly results beat high expectations
Source: IrishTimes - 🏆 3. / 98 Read more »

AI darling Nvidia's market value surges closer to AppleNvidia's shares rallied around 6% to hit a record high on Wall Street last night, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street's biggest players.
Source: RTEbusiness - 🏆 16. / 61 Read more »

Nvidia quarterly profits soar on demand for AI powerNvidia has forecast quarterly revenue above estimates and announced a stock split, lifting its shares to record-high territory and impressing investors who have tripled the chipmaker's market value in the past year on AI optimism.
Source: RTEbusiness - 🏆 16. / 61 Read more »

European shares close flat as investors rein in hopes for ECB rate cutsSuccessful quarterly earnings at US chipmaker Nvidia have boosted technology shares on global markets
Source: IrishTimes - 🏆 3. / 98 Read more »

After 25 years, Intel’s Dow days look numbered. Nvidia is the top dog in AI raceIntel’s shares have lost more than half their value in recent years
Source: IrishTimes - 🏆 3. / 98 Read more »