Nvidia Is Coming for Intel's and AMD's Lunch, Too, With New Chip Designs
The world has gone crazy over generative artificial intelligence (AI), and we have Nvidia's (NASDAQ: NVDA) financial outlook for the ages to thank for it. Fueled by rising demand for generative AI services like ChatGPT, Nvidia said its quarterly revenue is poised to skyrocket from $7.2 billion last quarter (the three months ended in April 2023) to $11 billion next quarter, and sustain at a similar level for the rest of this year.
Growth like this from a company of such size is incredibly rare, and Nvidia is keeping its foot on the gas. At a recent tech conference, it announced more AI supercomputing hardware: the DGX GH200. This is more than just a GPU system, though; it's actually a GPU-CPU combo. Nvidia is making forays into other parts of the data center, disrupting business that has historically been dominated by Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD).
The DGX GH200 is a massive computing unit. It strings together 256 Grace Hopper Superchips. Nvidia's Grace Hopper Superchips combine a CPU (central processing unit, the old workhorse of computers that crunch information to operate software) and GPU (graphics processing unit, used to accelerate the crunching of data) into a single package.
Source Fool.com
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