Chinese think tank advises data centers to stick with Nvidia AI GPUs — homegrown Chinese GPUs suffer from ‘high costs’ and ‘complex engineering’

Chinese think tank advises data centers to stick with Nvidia AI GPUs — homegrown Chinese GPUs suffer from ‘high costs’ and ‘complex engineering’

On Sunday, the Chinese-government-backed research institute and think tank CAICT issued a detailed report regarding China’s computational power. The report (via SCMP) warned data centers to keep on using Nvidia-based solutions. The institute… Article Source https://www.tomshardware.com/pc-components/gpus/chinese-think-tank-advises-data-centers-to-stick-with-nvidia-ai-gpus-homegrown-chinese-gpus-suffer-from-high-costs-and-complex-engineering

China think tank suggests Nvidia chips for data centres to avoid transfer costs

China think tank suggests Nvidia chips for data centres to avoid transfer costs

A government-backed think tank has suggested that data centres in mainland China should choose Nvidia chips, warning of the high costs involved in shifting to domestic solutions. “If the conditions allow, [data centres] can choose [Nvidia’s]… Article Source https://www.scmp.com/tech/tech-trends/article/3282279/chinese-think-tank-recommends-nvidia-chips-data-centres-warning-high-transfer-costs

IBM Stock Price Extends Upside With More Fuel In the Tank

IBM Stock Price Extends Upside With More Fuel In the Tank

Summary: IBM stock price has doubled the performances of both the Nasdaq Composite and S&P 500, but it still has more fuel in the tank. IBM stock price stayed on the upside on Wednesday, trading at $231.45 after gaining 1.2 percent at the time of… Article Source https://news.investingcube.com/ibm-stock-price-extends-upside-with-more-fuel-in-the-tank/

Nvidia’s Impact on the S&P 500: From Boost to Potential Tank

Nvidia’s Impact on the S&P 500: From Boost to Potential Tank

Stock warning lights are flashing as Nvidia’s shares surge over 160% this year, boosting its market capitalization to $3.2 trillion, representing nearly 7% of the S&P 500’s total value. While Nvidia’s remarkable gains have not yet faltered, its significant influence on the market poses risks for investors. Reflection Asset Management’s Jason Britton cautions about the … Read more