Why NVIDIA's Data Center Move Should Give AMD and Intel Sleepless Nights
NVIDIA (NASDAQ: NVDA) made a big move in data centers at its annual investor day in April by announcing the Grace CPU (central processing unit) -- a product that could add more fuel to the chipmaker's rapidly growing data center business.
Grace is NVIDIA's first data center CPU, which would mark its entry into a market dominated by Intel (NASDAQ: INTC) when it goes on sale in 2023. The company claims Grace can "deliver 10x the performance of today's fastest servers on the most complex AI and high-performance computing workloads." But the more important thing to note here is that it would add another dimension to NVIDIA's data center chip lineup, making it one of the best ways to play a fast-growing industry. Let's see why.
Image source: Getty Images.
Source Fool.com