NVIDIA under CEO Jensen Huang is focusing on maintaining its dominance in AI chips, transitioning from a gaming-centric to a data center-focused company. The company is forming partnerships with PC makers and cloud providers to tap into new markets for its AI chips, which boast superior performance and operating costs compared to competitors. With an … Read more
Investors are eagerly awaiting to see how Cerebras Systems, a startup rivaling NVIDIA in the realm of AI chips, will perform in its upcoming initial public offering in late 2024. Led by Lior Susan, Eclipse Ventures’ founder and managing partner, Cerebras has developed specialized chips perfect for generative AI tasks like model training and inference, … Read more
A recent agreement between Nvidia and telecommunications company Ooredoo will result in the deployment of thousands of Nvidia GPUs in 26 data centers across Qatar and five other countries in the Middle East and North Africa region. These GPUs will enhance the processing capabilities of data centers, enabling the use of AI chatbots and other … Read more
NVIDIA Corp. shares fell by 4.8% on Monday, pushing the AI-focused chipmaker into correction territory after a three-day decline, resulting in a total drop of 12%. This decline also affected other chipmakers, with the Philadelphia Stock Exchange’s semiconductor index falling by up to 2.2%. Companies like Broadcom Inc., Semiconductor Manufacturing in Taiwan Co., and Qualcomm … Read more
Nvidia, a dominant player in the chip industry, has been dubbed as both a leader and a maker of leaders in the market. Their influence is expected to pave the way for other chip stocks to thrive in the industry. As Nvidia continues to strengthen its position in the market, other chip companies could see … Read more
Broadcom shares have faced a recent decline due to investor concerns about the semiconductor industry, particularly in regards to artificial intelligence. Despite this, analysts at BofA Securities are still optimistic about the custom AI chip specialist. Shares of Broadcom rose slightly to $1,597.18 in early trading, down from highs above $1,800 earlier this month. Analyst … Read more
A recent partnership between ByteDance and Broadcom represents a significant development in US-China technology relations. This collaboration on advanced chips is the first of its kind since Washington tightened export controls in 2022. The partnership is expected to benefit ByteDance by reducing procurement costs and ensuring a stable chip supply. This is crucial for powering … Read more
Coatue Management’s founder Philippe Laffont has recently stated that the escalating geopolitical tensions pose a significant threat to Nvidia and the overall chip industry. Laffont’s concerns stem from the increasing trade conflicts and restrictions that could potentially disrupt the global supply chain for semiconductors. The semiconductor industry, which plays a crucial role in powering various … Read more
Hedge fund manager Philippe Laffont expressed concerns about how geopolitical conflicts could impact the chip industry and the development of artificial intelligence, specifically mentioning Nvidia. Laffont spoke at the Bloomberg Invest conference, highlighting the potential disruption to chip production if China were to invade Taiwan, where major chip manufacturer Taiwan Semiconductor Manufacturing Company is located. … Read more
ByteDance, the owner of TikTok, is collaborating with American chip designer Broadcom to develop a 5-nanometer application-specific integrated chip (ASIC) in order to secure a reliable supply of high-end chips amidst US-China tensions. The AI processor would adhere to US export restrictions, with manufacturing outsourced to Taiwan’s TSMC. This partnership is significant as no Chinese … Read more