Similar to Nvidia, Broadcom's sails have been lifted by otherworldly demand for AI networking solutions. For instance, the company's Jericho3-AI fabric can connect up to 32,000 GPUs in high-compute data centers, thereby limiting tail latency and maximizing the compute ability of G...
TMTPOST -- Nvidia shares jumped 3.4% to $149.43, refreshing their record close set in November, and U.S.-listed shares of Nvidia’s key partner Taiwan Semiconductor Manufacturing Co. (TSMC) closed nearly 5.5% higher to their record on Monday, led by Micron Technology, which gained 10.5% t...
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Meanwhile, Nvidia has transformed from a semiconductor company to a total systems provider. "When all is said and done, we believe Nvidia will be viewed as the poster child for all things AI (similar to what Apple (AAPL) has meant to mobility, Amazon (AMZN) to e-commerce, and Netflix ...
Chip stocks also gained traction from AI chip giant Nvidia’s large client Microsoft Corporation. In a blog posted last Friday, Microsoft Vice Chairman and President Brad Smith said the company is on track to invest around $80 billion to build out AI-enabled data centers to train AI models ...
Chip stocks also gained traction from AI chip giant Nvidia’s large client Microsoft Corporation. In a blog posted last Friday, Microsoft Vice Chairman and President Brad Smith said the company is on track to invest around $80 billion to build out AI-enabled data centers to train AI models ...
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Most companies don't have a dedicated AI budget, so they can only divert funds from non-AI budgets. They're still buying Nvidia chips and Dell servers, but they won't sign big software contracts. The software industry will eventually benefit from AI, but it may take years to set up, ...
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Nvidia has more than doubled in value this year, after more than tripling in 2023, and its market cap is now well over $3tn. However, the massive demand for its graphics processing units is such that, measured as a multiple of its sales over the previous 12 months, the stock is actua...