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The Rundown: Nvidia's GTC showcases new AI capabilities that span many industries

  • Stocks were mixed to slightly lower on Thursday as the market tried to build on gains from the previous day, following the Federal Reserve's decision to leave interest rates unchanged at its March meeting.
  • Dell Technologies saw its AI backlog double from $4.5 billion to $9 billion, attributing growth to Nvidia's Blackwell platform.
  • Nvidia's CEO, Jensen Huang, stated that the company has transformed from a hardware provider to an AI enabler, indicating a paradigm shift in enterprise IT strategies towards AI integration.
  • Nvidia's quarterly revenues surpassed $27 billion, reflecting high demand for AI technologies across various industries.
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StorageNewsletter broke the news in on Wednesday, March 19, 2025.
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