Nvidia announces Blackwell Ultra and Vera Rubin AI chips
- Nvidia CEO Jensen Huang announced new AI chips, including Blackwell Ultra, affirming the growing need for computing power in AI, which has significantly increased over the past year.
- Despite Huang's optimistic statements, Nvidia's stock dropped over 3%, closing at $115.73 and is down nearly 20% in the last month, raising investor concerns.
- Huang stated that Nvidia will partner with General Motors to develop self-driving vehicles, reflecting the company's expansion into the automotive sector.
- Nvidia expects data center revenue to reach $1 trillion by 2028 due to surging demand from major cloud service providers investing in AI technologies.
199 Articles
199 Articles
3 Can't Miss Announcements from GTC: NVIDIA's (NVDA) Biggest Event of the Year
NVIDIA (Nasdaq: NVDA) is hosting its biggest event of the year: GTC. Yesterday NVIDIA CEO Jensen Huang gave a keynote which not only was the company’s opportunity to push back on concerns weighing down its stock, but also to announce future product updates. The keynote was long, but we watched it and distilled Huang’s comments down to three key points that will shape the direction of NVIDIA’s stock in the years ahead. Will the company’s share p…
Coverage Details
Bias Distribution
- 55% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage