Nvidia's annual revenue is forecasted to reach $131 billion by 2026, more than double the previous year's $61 billion. The company's chipmaking rivals like AMD, Intel, and startups such as Groq are launching competing products. Nvidia is collaborating with Pure Storage to democratize AI, while its stock gains have attracted attention and raised concerns among investors. The company's advancements in automotive technology and AI were showcased at events like GTC24. Nvidia's CEO Jensen Huang expects the company to capture a significant portion of the global data center spend. The stock's value has surged, with analysts and investors closely monitoring its performance and market impact.
Chipmaker Nvidia has released a new 'superchip' that it says will turbocharge AI. Is this the start of a new power-hungry industrial revolution? https://t.co/Dp4xiNhIRI
"Groq’s approach to chip design and manufacturing has set a new standard for AI chip performance... the industry eagerly awaits the next set of innovations that will come from this forward-thinking company." https://t.co/KRTcRgGVbP
At #GTC24, #Medtech innovators highlighted NVIDIA's #AI platforms powering #healthcare advancement. With ultrasound acceleration, AR/VR for cardiac imaging, and #generativeAI for surgery, these techs aim to enhance efficiency and patient outcomes. https://t.co/GOyfHvDSnN
More insight on the new #NVIDIA storage partner validation program for #NVIDIAOVX computing systems to streamline enterprise #AI deployments 👇 #goodreads https://t.co/QW3jVEaAok
Here’s why Big Tech is scrambling to purchase Nvidia’s $NVDA GPUs as quickly as possible: Nvidia explains that a $1 investment in GPUs and networking can create $5 in revenue for CSPs over four years via GPU renting. $MSFT $ORCL $GOOG $AMZN https://t.co/UnRWQIUlPY
Magic Leap & @nvidia unveil the IGX + Magic Leap 2 XR Bundle at #GTC2024, merging top AI & AR for developers. This full-stack system tackles massive 3D data with ease, paving the way for groundbreaking apps in healthcare & industry. Discover the era of AR+AI:… https://t.co/2PLeRfs6ih
I took some time to look at Nvidia's #Blackwell's efficiency gains and how they compare to #Hopper & #Ampere. One of the key takeaways is as these chips cross the 1kW barrier air cooling just ain't cutting it anymore. Full breakdown @TheRegister ⬇️ https://t.co/w5bsOKM8dg https://t.co/W0GRzJUx47
.@Nvidia and its partners are providing the tools and infrastructure for customers to build and deploy #AI applications in the #DataCenter. https://t.co/mTEPbvXJiu
Citi says this AI chip stock should surge in the near term https://t.co/DOdtoKlXlR https://t.co/fML42bzV2O
Citi says buying chip stocks ahead of their AI presentations is a winning trade and this name is next https://t.co/9plOzI1rdB
They may lack the pure-play allure of Nvidia, but hardware firms that provide the infrastructure for artificial intelligence computing are becoming the next hot trade. https://t.co/vpXSilEb3K
Why Nvidia, Google And Microsoft Are Betting Billions On Biotech’s AI Future https://t.co/qRFxCd4VGx
Nvidia is about to face its first major threat as rivals target its special sauce https://t.co/XYSgQfQaTn
Nvidia Stock Gains. How a New Meme-Stock Market Would Affect the Chip Maker. https://t.co/OQSwMoLh5a
3 reasons to worry about Nvidia beyond the stock's sky-high price https://t.co/brUlN2MUi0 https://t.co/dGoVssTXhP
KAIST researchers claim to have built an AI chip as fast as Nvidia’s A100 GPU utilizing Samsung’s 28nm process. The chip is said to be much smaller than the A100 with a significantly lower power consumption. $NVDA $AMD $AVGO $TSM
Missed @NVIDIAGTC? 1. Industrial metaverse is shaping digital manufacturing. 2. Omniverse's Digital Twins optimizes product design + minimizes waste. 3. Blackwell #AI chip needs a scalable #GPU integration process. Our full stack is the solution for digital transformation. https://t.co/9TgqYEbTNF
Nvidia's partners and more: BofA picks key global stocks along the AI supply chain https://t.co/na92ACKkIp
.@NVIDIA reveals Blackwell GPU chip at GTC conference https://t.co/ZhI300JvZ1 @CGTNOfficial @rwang0 @constellationr >> MyPOV - Nvidia pushes the envolope - massive complexity reduction - #DataCenter in a server - hard 4 @Intel & @AMD 2 respond - but the year is young #NextGenApps https://t.co/cukDO0FE8U
$NVDA has added $2 TRILLION in value since start of 2023 😳 https://t.co/BdXepQMkJ4
Micron $MU hits another all-time high https://t.co/IJDHwfthof
$MU | Micron's Strategic Moves in AI and Memory Tech Signal Strong Market Position and Future Gains, Analyst Says Mizuho boosts Micron's target to $130, citing AI growth and Micron's strong position in the expanding HBM market. Micron's HBM tech and capacity expansion position… https://t.co/64MNiiUKJB
AI's impact on the stock market: NVIDIA leads with #AI innovations, highlighting the transformative power of #technology in finance.📈💡 #Finance #Innovation #AINews #SwissCognitive https://t.co/ArzNdyakAh
Nvidia $NVDA CEO Jensen Huang is expecting his company to capture an “outsized chunk” of $250 billion in global data center spend annually. $AMD $MSFT $META $AMZN $GOOG
Here are some highlights from #NvidiaGTC2024: 🌍 A further 4,000 renewable energy-powered GPUs secured for Intercloud that will be brought on as demand continues to grow. The first 1,000 are being onboarded now. 🤖 2 AI partnerships in progress. 🌐 2 supplier partnerships… https://t.co/jEWRkZuN75
The AI furor gripping the stock market has the shares of chipmakers like Nvidia soaring. But the stocks are no longer cheap, and that adds a new level risk to further gains in the S&P 500. https://t.co/BvAZIOdlGq
Last week, our CEO @RaquelUrtasun spoke on a panel with automotive leaders Chrissie Kemp and @alexgkendall at @NVIDIAGTC about the future of generative AI in transportation. Watch the panel discussion here: https://t.co/RPgsWGjgLj https://t.co/Yh9lkgEUmB
"Right now the demand is there for Nvidia, in terms of Microsoft and Alphabet and Amazon all wanting to build out their AI infrastructure. If they can't turn that around and make that capex profitable, there won't be a second round of spending." https://t.co/cpAsdau1hi
A week on from #GTC24 where Wayve's CEO @alexgkendall discussed the latest AI developments driving forward the automotive industry, incl. some of the cutting-edge AI breakthroughs on the horizon. Catch the recordings of his talks on the Nvidia portal 👉 https://t.co/CHZS3zxgxb https://t.co/EkeESRgpTc
JPMorgan says 'all roads' of the AI boom lead to this global chip manufacturer that's trading at a 50% discount https://t.co/viKtuRcplU
Nvidia $NVDA is currently forecasted to bring in $131 Billion of Revenue in its Fiscal Year 2026 https://t.co/menRfaSQCV
Nvidia traders find reasons to worry beyond sky-high stock price https://t.co/dS13Ta2THu via @business
⚠️ MISSED OUT ON NVIDIA $NVDA & $SMCI? ANALYST SAYS THIS STOCK IS THE 'HIDDEN AI GEM' https://t.co/kdBfNMM9JX
AV 2.0 @AlexgKendall, Co-Founder & CEO of @Wayve_AI discusses Wayve's approach to autonomous driving —AV 2.0. 🎧 Listen on Apple Podcasts: https://t.co/OhMQYx0fzz 🎧 Listen on Spotify: https://t.co/SnYqHt1bB9 🎥 Watch on X: https://t.co/acTExClt6H 🎥 Watch on YouTube:… https://t.co/cBEpCcvNqu
Missed out on Nvidia and SMCI? Analyst says this stock is the 'hidden AI gem' https://t.co/f59j6gsgIW https://t.co/Cwz4YUvQq0
A new startup from former Google engineers represents a renewed enthusiasm for chipmakers https://t.co/e3QbtURCA4
Top 8 Highlights From NVIDIA’s GTC24 https://t.co/PbmizRMa40 #metaverse #AI #GenerativeAI #artificialintelligence
$STMC Baird adds Semtech to the fresh picks list Baird said the semiconductor manufacturer is a “hidden AI gem.” “We believe Semtech is very well positioned with the upcoming ramp of new AI platforms as one of two players in the space qualified for high-density copper…
Nvidia’s runup since the start of 2023 has been so sudden and strong that even bullish investors are raising concerns about how much room its shares have left to run. https://t.co/HbVVdkWYFA
Micron’s stock heads for best month in 13 years as bulls see more AI gains ahead https://t.co/xvnJPPnR4U
AV 2.0 @AlexgKendall, Co-Founder & CEO, @Wayve_AI joined The Road to Autonomy podcast to discuss Wayve’s AV 2.0 approach to autonomous driving. Is this autonomous driving's ChatGPT moment? Watch to find out. https://t.co/d7gyWRPqY6
GTC 2024: Storage suppliers queue up to ride the Nvidia AI wave https://t.co/HdmzppWajT
#FPTech: OpenAI, Qualcomm, Google, Intel, other tech giants plan to take NVIDIA down. Here’s how https://t.co/xbyzLaFYDH
Nvidia Stock Gains. Here’s How Much Its Major Customers Are Set to Spend. https://t.co/2cux0BBc8y
The latest advancements in #automotive technology were on display last week at #GTC24. The event kicked off with NVIDIA founder and CEO Jensen Huang’s keynote, which included the announcement of the NVIDIA Blackwell platform. Learn more in our new blog. https://t.co/kXjjXK8cPj
"NVIDIA’s chipmaking rivals want a piece of these riches. Established ones, such as AMD and Intel, are launching rival products. So are startups like Groq, which makes superfast AI chips" https://t.co/MXu9xulROe
🚀🇺🇸 Big news! Pure Storage and Nvidia are joining forces to democratize AI. They're creating new infrastructures to help enterprises overcome data and compute challenges. Stay tuned! #AI #Partnership https://t.co/FrhZtkm0E5
"Nivdia’s chipmaking rivals want a piece of these riches. Established ones, such as AMD and Intel, are launching rival products. So are startups like Groq, which makes superfast AI chips" https://t.co/ohqn2WvXvA
Analysts are forecasting Nvidia's annual revenue will jump to $131 billion by 2026, more than double the $61 billion recorded in the fiscal year that just ended. $NVDA https://t.co/4hSyOqkgv9
Waymo co-CEO @TechTekedra spoke with @LaurieSegall for a fireside chat during SXSW to discuss our approach to building a multi-city AV service centered on safety. Watch their full conversation now: https://t.co/DqHw5lHvaM https://t.co/DhDLmBdvde