Nvidia Fueled Tesla's FSD Version 12 With Massive AI Infrastructure Support, Says CFO: 'Paved The Way For Breakthrough Performance'
Portfolio Pulse from Ananya Gairola
Nvidia's AI infrastructure has significantly boosted Tesla's autonomous driving software, FSD version 12, by expanding Tesla's AI training cluster to 35,000 H100 GPUs. Nvidia's data center segment saw a 427% growth, contributing to its strong quarterly performance. Nvidia also announced a 10-for-1 stock split and a 150% increase in its quarterly dividend.
May 23, 2024 | 2:43 am
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POSITIVE IMPACT
Nvidia's AI infrastructure support for Tesla's FSD v12 and its strong quarterly performance, including a 427% growth in the data center segment, a 10-for-1 stock split, and a 150% increase in its quarterly dividend, are likely to positively impact its stock price.
Nvidia's role in enhancing Tesla's FSD v12 with its AI infrastructure and its impressive quarterly performance metrics, including significant growth in the data center segment, a stock split, and a dividend increase, are strong indicators of positive short-term stock price movement.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Tesla's FSD v12 performance has been significantly boosted by Nvidia's AI infrastructure, which is likely to positively impact Tesla's stock price. The expansion of Tesla's AI training cluster to 35,000 H100 GPUs is a key development.
The significant performance boost in Tesla's FSD v12 due to Nvidia's AI infrastructure support is a positive development for Tesla, likely leading to a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100