NVIDIA (NVDA) Soars on Energy-Efficient AI Chip Development

NVIDIA (NVDA, Financial) has showcased its latest energy-efficient AI chips at the "AI Summit DC" in Washington D.C., leading to a stock surge of over 4%, marking a three-month high. The company highlighted that its Blackwell chips, introduced this year, allow the development of OpenAI's GPT-4 with just 3 GW of power, a significant reduction from the 5500 GW needed a decade ago.NVIDIA's Vice President emphasized the company's focus on energy efficiency with the Blackwell platform. NVIDIA also revealed advan ...