Reported 3 months ago
Nvidia's CEO Jensen Huang has announced unprecedented demand for their new Blackwell GPU platform designed for AI workloads, which has led to a notable surge in the company's stock by over 150% this year. Major cloud providers like Oracle and AWS are fast integrating Blackwell to boost their AI infrastructure capabilities, highlighting the skyrocketing need for advanced AI processing. With Nvidia's latest earnings report showcasing a strong revenue increase to $30.04 billion, projections indicate continued growth as Blackwell shipments are set to roll out in Q4 and consumer releases expected for 2025.
Source: YAHOO