NVIDIA Going After More of Intel's Data Center Business With New Processor Chips

When announcing new artificial intelligence (AI) capabilities developed by his company earlier this year, NVIDIA (NASDAQ: NVDA) CEO Jensen Huang outlined a new type of processor that will become increasingly important in the years ahead: the data processing unit (DPU).

Data centers are becoming busy digital-economy hubs with massive amounts of data moving into and out of them, and organizations rely on these hubs to power cloud computing tasks key to their operations. To capitalize on the opportunity, NVIDIA has announced the release of new DPU chips. The move will build on NVIDIA's momentum in the data center segment (now its largest business end-market) and help it continuously disrupt an industry dominated by chip giant Intel (NASDAQ: INTC).

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Source Fool.com