Reuters Reported Nvidia Is Building Custom Design Unit To Focus On Ai Data Center Chips, Other Markets; Unit Held Talks With Large Cloud Computing Companies And OpenAI
Portfolio Pulse from Charles Gross
Reuters reported that Nvidia is establishing a custom design unit to concentrate on AI data center chips and other markets. This unit has engaged in discussions with major cloud computing companies and OpenAI.
February 09, 2024 | 12:36 pm
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Nvidia's new custom design unit for AI data center chips could significantly boost its position in the AI and cloud computing markets.
The establishment of a custom design unit by Nvidia specifically for AI data center chips and its engagement with major cloud computing entities and OpenAI indicates a strategic move to strengthen its position in the rapidly growing AI and cloud computing markets. This could lead to increased demand for Nvidia's products, potentially boosting its stock price in the short term.
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