New NVIDIA AI Chip Order From Indian Data Centre Operator Yotta To Be Worth $500M
Portfolio Pulse from Benzinga Newsdesk
NVIDIA has secured a significant order worth $500 million for its AI chips from Indian data centre operator Yotta. This deal underscores NVIDIA's growing presence in the data center market, particularly in the AI and machine learning segments.
January 11, 2024 | 2:02 pm
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NVIDIA's new $500 million order for AI chips from Yotta is likely to have a positive impact on its revenue and could be seen as a bullish signal by investors.
The $500 million order from Yotta is a substantial amount that will contribute positively to NVIDIA's revenues. Such a large deal indicates confidence in NVIDIA's AI chips and may lead to increased investor optimism about the company's performance in the data center market.
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