AWS clarifies that Nvidia chip order is an upgrade and not a halt

AWS clarifies that Nvidia chip order is an upgrade and not a halt

AWS is continuing to offer services utilizing Nvidia’s Hopper chips, which are essential for training artificial intelligence systems. However, there is a shift towards using Nvidia’s new Blackwell chips, which promise increased performance. These Blackwell chips were introduced by Nvidia CEO Jensen Huang in March and are expected to be twice as powerful for training … Read more

Nvidia’s Stock Plummets After Amazon’s AI Chip Orders Fully Transitioned: Here’s What You Need to Know (UPDATED)

Nvidia’s Stock Plummets After Amazon’s AI Chip Orders Fully Transitioned: Here’s What You Need to Know (UPDATED)

In recent news, stocks of NVIDIA Corp. (NVDA) have been declining due to reports indicating that Amazon.com Inc. (AMZN) has stopped ordering the company’s most advanced superchip. Amazon is reportedly waiting for more powerful models introduced this year before making further orders. Nvidia recently launched its new chip architecture called Blackwell, which contains 208 billion … Read more

Top Analyst Predicts More Growth for Nvidia and AMD: Recommended as ‘Strong Buy’ Chip Stocks – TipRanks.com

Top Analyst Predicts More Growth for Nvidia and AMD: Recommended as ‘Strong Buy’ Chip Stocks – TipRanks.com

Semiconductor chip companies are seeing increased interest from investors due to the rapid growth of artificial intelligence in various industries. NVIDIA and Advanced Micro Devices (AMD) are two companies that are expected to see significant growth in the coming years. NVIDIA has become a dominant player in the AI chip market, with its stock price … Read more

Nvidia’s Comments on AI Chip Demand Could Have Broader Implications Than Just the Technology Sector

Nvidia’s Comments on AI Chip Demand Could Have Broader Implications Than Just the Technology Sector

The stock market is currently experiencing a wave of enthusiasm for artificial intelligence. Nvidia’s recent earnings call marked a year since the chipmaker surprised Wall Street with its demand for AI chips. Mentions of AI in earnings calls have increased by 186% since the first quarter of 2023, according to Bank of America Research. The … Read more

NinjaTech Collaborates with AWS to Debut Advanced AI Agents Trained with Amazon’s AI Chip Technology

NinjaTech Collaborates with AWS to Debut Advanced AI Agents Trained with Amazon’s AI Chip Technology

NinjaTech AI, a company specializing in generative AI technology supported by SRI, has developed a new personal AI named Ninja. Powered by custom Ninja LLMs, this multi-agent AI can handle real-world tasks asynchronously, such as conducting research and scheduling meetings. The use of AWS Trainium and Inferentia2 machine learning chips allows NinjaTech AI to train … Read more

Hedging against a chip stock decline amid cooling AI trend post-Nvidia earnings

Hedging against a chip stock decline amid cooling AI trend post-Nvidia earnings

Nvidia’s earnings report is highly anticipated this week, as the chipmaker’s performance could impact the direction of U.S. stocks in the near future. With Nvidia leading the way, the semiconductor industry has been thriving in 2024 after a strong showing in 2023. The increasing demand for artificial intelligence has led to a significant surge in … Read more

FT reports that Amazon’s cloud unit has temporarily halted orders for Nvidia’s most powerful chip.

FT reports that Amazon’s cloud unit has temporarily halted orders for Nvidia’s most powerful chip.

Amazon.com’s cloud services unit has reportedly put a halt on ordering Nvidia’s most advanced “superchip” as they await a more powerful model. The new model, known as Blackwell, is anticipated to be released later this year according to Nvidia. Amazon Web Services, the largest cloud services company in the world, has already transitioned its previous … Read more

FT reports that Amazon’s cloud unit has put a hold on orders for Nvidia’s most powerful chip

FT reports that Amazon’s cloud unit has put a hold on orders for Nvidia’s most powerful chip

Amazon Web Services has stopped ordering Nvidia’s latest “superchip” as they await a more powerful model, according to a report by the Financial Times. This pause in orders from the cloud services unit of Amazon.com signals a shift towards a more advanced chipset from Nvidia. Article Source https://www.reuters.com/technology/amazons-cloud-unit-pauses-orders-nvidias-most-powerful-chip-ft-reports-2024-05-21/

Microsoft to give sneak peek of customized Cobalt chip; AMD MI300X to be accessible via Azure platform

Microsoft to give sneak peek of customized Cobalt chip; AMD MI300X to be accessible via Azure platform

Microsoft has made several announcements leading up to their upcoming event next week. These announcements are meant to create anticipation and generate buzz for the event. Attendees can expect to hear more details about the company’s latest developments and innovations in the technology sector. The event promises to showcase cutting-edge advancements and excite industry professionals … Read more

Nvidia Stock Declines After Report of Amazon Fully Transitioning AI Chip Orders: Here’s What You Need to Know – NVIDIA (NASDAQ:NVDA)

Nvidia Stock Declines After Report of Amazon Fully Transitioning AI Chip Orders: Here’s What You Need to Know – NVIDIA (NASDAQ:NVDA)

NVIDIA Corp. (NVDA) stocks are decreasing as Amazon.com Inc. (AMZN) reportedly halted orders for the company’s latest superchip to wait for updated models. According to a report from the Financial Times, Amazon’s cloud computing division is pausing orders for NVIDIA’s advanced superchip in anticipation of more powerful models to be released later this year. NVIDIA … Read more