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Meet the $10,000 Nvidia chip powering the race for A.I. - TL;DR CNBC

Meet the $10,000 Nvidia chip powering the race for A.I.

Publishing timestamp: 2023-02-23 23:53:18


Summary

Companies like Microsoft and Google are competing to integrate cutting-edge AI into their search engines, powered by Nvidia's A100 chip. Nvidia is benefiting from the AI hype cycle, with its stock up 65% so far in 2021. The cost of A100s can add up quickly, but Nvidia's CEO claims that their products are actually inexpensive for the amount of computation needed. AMD and Intel have competing graphics processors, and big cloud companies like Google and Amazon are developing and deploying their own chips specially designed for AI workloads.


Sentiment: POSITIVE

Tickers: INTCNVDAGOOGAMDGOOGLAMZN

Keywords: businesstechnologyalphabet class calphabet incbreaking news: technologybusiness newsapple incadvanced micro devices incintel corpnvidia corpamazon.com incmobile

Source: https://www.cnbc.com/2023/02/23/nvidias-a100-is-the-10000-chip-powering-the-race-for-ai-.html


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