Good News For Alibaba - ACCEL Chip Outshines Nvidia's AI Chips, China Claims
Portfolio Pulse from Anusuya Lahiri
Chinese scientists and the Semiconductor Manufacturing International Corporation have developed a new chip, ACCEL, that outperforms Nvidia's AI chips in tasks like image recognition and autonomous driving. The ACCEL chip is not ready to replace existing chips but holds potential for integration into wearable devices, electric cars, and smart factories. This could boost China's competitiveness in AI applications and may cost Nvidia orders worth $5 billion from Alibaba.
November 02, 2023 | 2:25 pm
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POSITIVE IMPACT
Alibaba could potentially shift its orders from Nvidia to the new ACCEL chip developed by Chinese scientists. This could lead to cost savings for Alibaba.
The new ACCEL chip outperforms Nvidia's AI chips, which Alibaba currently uses. If Alibaba shifts its orders to the new chip, it could potentially lead to cost savings and positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Nvidia's AI chips are outperformed by the new ACCEL chip developed by Chinese scientists. This could potentially cost Nvidia orders worth $5 billion from Alibaba.
The new ACCEL chip outperforms Nvidia's AI chips in tasks like image recognition and autonomous driving. This could potentially lead to a loss of orders from Alibaba, impacting Nvidia's revenues and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100