What's Going On With Nvidia Stock Friday?
Portfolio Pulse from Anusuya Lahiri
Nvidia Corp is partnering with MediaTek to create processors that rival Apple Inc and Intel Corp, using 2.5D packaging technology from CoWoS. The companies plan to manufacture the first test chips in Q2 2024. Nvidia and MediaTek will co-package the CPU and GPU on the same interposer. Nvidia and a Google venture fund have also joined a seed round of funding for AI startup CentML. NVDA shares traded higher by 1.13% at $407.81.
October 27, 2023 | 1:36 pm
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POSITIVE IMPACT
Google's venture fund has joined a seed round of funding for AI startup CentML, along with Nvidia.
Google's venture fund's participation in the seed round of funding for AI startup CentML, along with Nvidia, could potentially benefit Google in the AI sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Nvidia is partnering with MediaTek to create processors that rival Apple and Intel. This partnership and the funding of AI startup CentML could potentially boost Nvidia's position in the market.
The partnership with MediaTek and the funding of AI startup CentML could potentially boost Nvidia's position in the market. This is reflected in the increase in NVDA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nvidia and MediaTek are using Taiwan Semiconductor Manufacturing Company's advanced CoWoS technology for their new processors.
Nvidia and MediaTek's use of Taiwan Semiconductor Manufacturing Company's advanced CoWoS technology for their new processors could potentially boost TSM's market position.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Nvidia's partnership with MediaTek to create processors could pose a threat to Apple's market position.
Nvidia's partnership with MediaTek to create processors that rival Apple could potentially impact Apple's market position negatively.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Nvidia's partnership with MediaTek to create processors could pose a threat to Intel's market position.
Nvidia's partnership with MediaTek to create processors that rival Intel could potentially impact Intel's market position negatively.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50