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NVIDIA (NVDA) Soars as Demand for New AI Chip Surges
NvidiaNvidia(US:NVDA) GuruFocus·2024-10-04 21:30

NVIDIA (NVDA) topped the trading volume list with a rise of 1.68% and a total turnover of $30.12 billion. The company's CEO, Jensen Huang, highlighted the overwhelming demand for their forthcoming Blackwell AI "super chip" during a recent interview. NVIDIA also invested $100 million in OpenAI, potentially gaining deeper insights into OpenAI’s chip procurement plans. Products based on the Blackwell chip are set to be available to major cloud service providers like Oracle, Amazon, Microsoft, and Google by the ...