Should Nvidia Be Worried About Microsoft's New Artificial Intelligence Chip?
2023 has been the year of artificial intelligence (AI), when the technology's capabilities reached a tipping point of usefulness.
No stock has benefited more from this inflection than Nvidia (NASDAQ: NVDA), whose graphics processing units (GPUs) and CUDA software ecosystem enable the parallel processing of massive data sets used to train cutting-edge AI models.
However, with chip shortages abounding and Nvidia charging massive premiums for its GPUs, a slew of other companies are at work designing their own accelerators. And reports are the latest effort will come from cloud giant and Nvidia customer (NASDAQ: MSFT).
Source Fool.com
Microsoft Corp. Stock
€394.65
0.730%
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.42% for Microsoft Corp. compared to the current price of 394.65 €.
