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Nvidia CEO Says Demand for Its Blackwell AI Chip Is 'Insane'
Nvidia's CEO Says Demand for Its New Chips Is "Insane." Is It Time to Buy the Stock?
The company is used to seeing high demand for its products, so it was noteworthy when in a recent CNBC interview, CEO Jensen Huang called demand for chips based on its new Blackwell architecture "insane." Let's take a closer look at Huang's comments and what it could mean for the stock.
Nvidia CEO's bombshell raises the bar for the stock
Oracle announced on October 2 that it would need 131,072 Nvidia Blackwell GPUs as part of a $6.5 billion investment to establish a new public cloud region in Malaysia, another pro
Nvidia Shares Jump After CEO Jensen Huang Notes ‘Insane’ Demand For Blackwell AI ‘Superchip’
Nvidia chief Jensen Huang said during an interview with CNBC on Wednesday that demand for the tech giant’s Blackwell “Superchip” is “insane,” sending Nvidia shares up more than 3% on Thursday. Nvidia shares reached as high as $124.26 on Thursday before cooling down to $122.80 at market close, a 3.3% jump.
Nvidia’s Blackwell Chip Faces Unprecedented Demand, Says CEO Jensen Huang
Nvidia CEO Jensen Huang has described the demand for the company’s upcoming Blackwell artificial intelligence chip as “insane.” In an interview with CNBC’s “Closing Bell Overtime,” Huang noted that every major player in the AI space is eager to secure the chip,
'Everybody Wants to Be First': Nvidia CEO Says Demand for Its Blackwell AI Chip Is 'Insane'
Nvidia CEO Jensen Huang displays the new Blackwell GPU chip, left, and the Hopper GPU chip, right, in March 2024. Photographer: David Paul Morris/Bloomberg via "There
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Palantir Stock vs. Nvidia Stock: Wall Street Says Sell One and Buy the Other
Nvidia's and Palantir's stocks have more than doubled this year, but Wall Street is bullish on one and bearish on the other.
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Nvidia CEO Jensen Huang says it's 'insanely hard' to build a business — and ignorance is a 'superpower' for founders
Starting Nvidia from scratch and growing it into a $3 trillion company took three decades and stretched Jensen Huang to his ...
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This Artificial Intelligence (AI) Stock Could Be the Biggest Gainer of 2024 (Hint: It's Not Nvidia)
So, Nvidia surely has more gas in the tank to power share gains. But despite all this, another AI stock is gaining on Nvidia ...
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Jensen Huang Was Once Told 'NVIDIA Can Never Be Larger Than A Billion Dollars.' Here's What They Did To Shatter That Ceiling 1,000X Over
Still, Jensen Huang had a bigger idea and saw that NVIDIA’s technology could be applied to more than just graphics for video ...
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Chinese AI firms on track to narrow gap despite Nvidia controls
China's AI companies remain on track to further narrow the performance gap with their US peers as earlier concerns about ...
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on MSN
Dividend and China Funds Come Roaring Back as Nvidia Stalls
Optimism about rate cuts made it a great quarter for income-oriented fund investors after several months of lackluster ...
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Nvidia GeForce RTX 5090 laptop GPU just leaked with crazy 24GB of VRAM
According to the leak, the laptop GeForce RTX 5090 will be a GB203 GPU with 24GB of VRAM on a 256-bit bus. It's said to have ...
The Tech Report
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Nvidia’s NVLM Is a Game-Changing Open-Source AI Model
Nvidia is ready to take on AI giants OpenAI and Google through its open-source LLM called NVLM that boasts better accuracy ...
AOL
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Nvidia, Microsoft, SoftBank, and Cathie Wood's Ark Invest Are Betting Big on This AI Startup
The investors in this latest round (according to The Wall Street Journal and Business Insider) include:
Nvidia
, which ...
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