Nvidia

2024 - 3 - 19

Nvidia's New Blackwell AI Chips Shake Stock Market: A.I. Woodstock or Taylor Swift Moment?

AI technologies - Artificial Intelligence chips - Automotive industry - Blackwell chips - Financial markets - GTC conference - Jensen Huang - NVIDIA - Robotics - Stock market

Nvidia's latest AI chips, Blackwell, create waves in stock market after unveil. Is it the A.I. Woodstock or Taylor Swift moment for the tech giant?

Nvidia's stock took a dip as the tech company introduced its cutting-edge Blackwell AI chips to the market. Despite the excitement surrounding Nvidia's new generation of artificial intelligence chips, investors showed a lukewarm response with a 2% decrease in the stock value. The unveiling of the high-speed processor at the developer conference left analysts impressed, highlighting Nvidia's leading position in AI technologies.

The anticipation for Nvidia's new AI chip grew as investors awaited more details on the groundbreaking technology. The company's CEO delivered a keynote that resembled a Taylor Swift concert, reiterating Nvidia's dominance in the market. Analysts foresee a bright future for Nvidia, with expectations of industry capital expenditure growth on AI graphics processors.

As Nvidia's stock faced fluctuations post the GTC Conference, analysts at Truist Financial raised the price target on Nvidia, predicting a 40% upside potential. The US firm's continuous efforts to lead in artificial intelligence and humanoid robots technology have garnered significant attention in the industry.

In a bid to extend its dominance in the AI market, Nvidia unveiled its powerful Blackwell GPUs, claiming remarkable speed improvements compared to its competitors. With the tech giant's groundbreaking advancements, industry experts speculate on the future trajectory of AI technology, with Nvidia firmly positioned at the forefront.

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Image courtesy of "CNBC"

Nvidia stock dips after company unveils latest AI chips (CNBC)

Nvidia shares dipped 2% Tuesday morning after the company unveiled its new generation of artificial intelligence chips called Blackwell.

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Image courtesy of "The New York Times"

Investors Shrug off Nvidia's 'A.I. Woodstock' (The New York Times)

The chipmaker unveiled a new high-speed processor at its developer conference to power an “industrial revolution,” but its sky-high valuation is coming ...

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Image courtesy of "Investor's Business Daily"

Nvidia Is A Step Or Two Ahead Of AI Chip Rivals: Analyst (Investor's Business Daily)

Nvidia wowed Wall Street with the breadth and depth of its artificial intelligence technologies announced on Monday. But Nvidia stock dipped.

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Image courtesy of "Barron's"

Nvidia AI Conference: GTC 2024 (Barron's)

Nvidia's new Blackwell graphics-processing units look likely to keep its major customers close, even those actively developing alternative hardware for ...

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Nvidia eases as investors look out for details on new AI chip (Reuters)

Nvidia shares dipped on Tuesday after having more than tripled in value in the past year, as investors awaited more details on the company's latest AI chip ...

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Image courtesy of "Morningstar.com"

After Nvidia's GTC Conference, We Raise the Stock's Fair Value to ... (Morningstar.com)

We've taken a fresh look at our model assumptions and we're more optimistic about future industry capital expenditure on AI graphics processors.

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Image courtesy of "Yahoo Tech"

Nvidia slips as investors await more details on hot new AI chip (Yahoo Tech)

(Reuters) -Nvidia shares fell about 2% on Tuesday after having more than tripled in value in the past year, as investors awaited more details on the ...

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Nvidia's stock shrugs off its Taylor Swift moment. Why bulls are still ... (MarketWatch)

Nvidia CEO's concertlike keynote didn't pack too many surprises, but analysts say it reiterated the company's dominance.

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Image courtesy of "Motley Fool"

2 Reasons to Buy Nvidia Stock Like There's No Tomorrow (Motley Fool)

Growth in artificial intelligence (AI) is coming from much more than just machine learning.

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Nvidia Stock Has 40% Upside, According to 1 Wall Street Analyst. Is ... (Yahoo Finance)

Analysts at Truist Financial raised their price target on Nvidia to $1,177 while maintaining a buy rating on the shares. That represents a potential gain of 33% ...

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Nvidia: what's so good about the tech firm's new AI superchip? (The Guardian)

US firm hopes to lead in artificial intelligence and other sectors – and has built a model that could control humanoid robots.

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Nvidia AI Conference: GTC 2024 (Barron's)

Follow Barron's live coverage of Nvidia's 2024 GTC AI developers conference.

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Nvidia unveils powerful chip in push to extend dominance in AI market (Financial Times)

Chief executive Jensen Huang claims Blackwell GPUs are substantially faster than its market-leading AI hardware.

Nvidia's stock shrugs off its 'Taylor Swift' moment. Here's why bulls ... (Morningstar.com)

Shares of Nvidia (NVDA) were off about 2% in morning trading Tuesday after CEO Jensen Huang's GTC keynote impressed Wall Street analysts, albeit without much in ...

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Nvidia pushes hard into robotics and automotive to convince Wall ... (Fortune)

FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and ...

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Nvidia AI Conference: GTC 2024 (Barron's)

Nvidia is working to bring AI robots to life. On Monday, the chip maker announced the Project GROOT Foundation AI model built to create better performing ...

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Image courtesy of "Robot Report"

NVIDIA announces new robotics products at GTC 2024 - The Robot ... (Robot Report)

NVIDIA CEO Jenson Huang wowed the crowd at GTC 2024 with the company's latest AI, processing, and simulation product announcements.

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NVIDIA GTC Keynote: Blackwell Architecture Will Accelerate AI ... (TechRepublic)

Developers can now take advantage of NVIDIA NIM packages to deploy enterprise generative AI, said NVIDIA CEO Jensen Huang.

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Markets News, March 19, 2024: Stocks Rebound Amid Nvidia Chip ... (Investopedia)

Stocks rebounded from early losses Tuesday as markets digested the unveiling of Nvidia's new Blackwell AI chip infrastructure and the Bank of Japan's major ...

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The 21 Hottest Products At Nvidia GTC 2024 (CRN)

CRN looks at 20 new hardware and software products from Nvidia's technology partners based on the latest Nvidia GPU and other offerings.

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Dow Jones Futures: Nvidia Leads Upside Reversal; Here Comes ... (Investor's Business Daily)

Dow Jones futures: Stocks steadied as Nvidia reversed higher. The Fed rate-cut outlook is an earnings report for the market rally.

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Nvidia AI Conference: GTC 2024 (Barron's)

One of the most obvious things about artificial intelligence is that its power comes from access to vast troves of data. And when it comes to enterprise ...

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Image courtesy of "Axios"

Nvidia's latest AI chip packs more than 200 billion transistors (Axios)

"Hopper is fantastic, but we need bigger GPUs," Nvidia CEO Jensen Huang said, per CNBC. Nvidia said Blackwell processors can power much larger language models ...

DNAnexus to Integrate Nvidia Microservices Into Precision Health ... (GenomeWeb)

The Nvidia Parabricks NIM microservices suite includes optimized AI models and workflows with industry-standard application programming interfaces.

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What Nvidia's new Blackwell chip says about AI's carbon footprint ... (Fortune)

Nvidia CEO Jensen Huang talking about the Blackwell GPU's energy efficiency may be a sign business is starting to take AI's sustainability issues seriously.

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Image courtesy of "TheStreet"

Analyst unveils Nvidia stock price 'line in the sand' (TheStreet)

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, Calif.

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Nvidia Launches Latest AI Chips and Software at Developer ... (pymnts.com)

Nvidia is launching a fresh series of AI chips and software tailored for artificial intelligence models at its yearly developer conference.

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Image courtesy of "The Next Platform"

How Nvidia Blackwell Systems Attack 1 Trillion Parameter AI Models (The Next Platform)

We like datacenter compute engines here at The Next Platform, but as the name implies, what we really like are platforms – how compute, storage,

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Analysts Call Nvidia's Blackwell Platform the 'Most Ambitious Project ... (Investopedia)

Analysts called Nvidia's Blackwell platform the "most ambitious project in Silicon Valley" after the chipmaker unveiled its latest artificial intelligence ...

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Key takeaways from Nvidia's annual developer conference (Reuters)

Nvidia unveiled its next big AI chip along with several partnerships and software tools at its annual developer conference this week, seeking to maintain ...

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Image courtesy of "Reuters"

Wall Street advances with Nvidia and Fed meeting in focus (Reuters)

Crypto-related stocks drop as bitcoin falls · Nvidia shares rebound but chip sector ends lower · Indexes rise: Dow 0.83%, S&P 0.56%, Nasdaq 0.39%.

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Image courtesy of "HPCwire"

Nvidia Looks to Accelerate GenAI Adoption with NIM (HPCwire)

Today at the GPU Technology Conference, Nvidia launched a new offering aimed at helping customers quickly deploy their generative AI applications in a ...

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Image courtesy of "Yahoo Finance"

Nvidia Stock Just Did Something I've Never Seen Before (Yahoo Finance)

Fool.com contributor Parkev Tatevosian highlights Nvidia's (NASDAQ: NVDA) remarkable year and what it could mean for investors. *Stock prices used were the ...

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NVIDIA doubles down on AI in healthcare with drug discovery deals (pharmaceutical-technology.com)

In addition to drug discovery deals, NVIDIA also announced partnerships with J&J MedTech and GE Healthcare for genAI in MedTech.

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Image courtesy of "Barron's"

Nvidia AI Conference: GTC 2024 (Barron's)

Jensen Huang wants the world to know Nvidia is not just a chip maker. “Nvidia builds an entire data center for AI,” the CEO said during a financial analyst ...

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Nvidia AI Conference: GTC 2024 (Barron's)

Nvidia CEO Jensen Huang isn't too worried about the higher power draw from the company's latest Blackwell GPUs. When asked about increasing power demands ...

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Image courtesy of "DataCentreNews Europe"

Vertiv partners with NVIDIA to bolster high-density power solutions (DataCentreNews Europe)

Vertiv partners with the NVIDIA Partner Network to leverage their expertise in high-density power and cooling solutions, aiming to meet global ...

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