NVIDIA discussion thread

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NVIDIA
(Discussion Thread)

NVIDIA Corporation is an American multinational technology company, incorporated in Delaware and based in Santa Clara, California. NVIDIA is widely considered to be one of the leading suppliers of GPU technology, with its products being used in a wide range of applications, including gaming, professional visualization, data center, and automotive markets. NVIDIA is a dominant supplier of artificial intelligence (AI) hardware and software.

 

[VCheng]

Official thread as in the title? You work for Nvidia and are authorized to speak for it? Or just another violator of rules tolerated by the moderators?

 

[RescueRanger]

Thread title changed.

 

[VCheng]

Thread title changed.

The rest of the forum is steadily on the same glide path as the old forum, but thank you so much for doing what you can. I mean it! :tup:

 

[Nuffle]

• Nvidia is now worth the same as the whole Chinese stock market, Bank of America chief investment strategist Michael Hartnett pointed out in a new note.
• The company's market cap has hit $1.7 trillion, the same as all Chinese companies listed on the Hong Kong Stock Exchange.
• Nvidia's stock soared 239% in 2023 and is up 41% in 2024, through Thursday.

Nvidia has grown at an eye-popping pace, to the point where it carries a valuation equal to that of China's stock market as a whole.

In a new research note from Bank of America, chief investment strategist Michael Harnett noted that Nvidia's $600 billion surge in value over the past two months has pushed its market cap to $1.7 trillion, on par with all Chinese-listed companies on the Hong Kong Stock Exchange combined.

The chipmaker behemoth's market cap has nearly quadrupled since the start of last year. Its stock soared 239% in 2023, and is up 41% this year alone, through Thursday. Only four US public companies are worth more.

Meanwhile, China's economic malaise has sent stocks tumbling lower. Lackluster economic growth and a prolonged real-estate crash have weighed on the market. The country has also been dealing with deflation. The Hang Seng index, a benchmark for Hong Kong-listed Chinese stocks, has dropped 26% over the past year and 8% year-to-date.

But Hartnett noted there could be an opportunity for investors who can identify Chinese stocks with strong management, balance sheets, and strong earnings. He notes the precedent of Japan's Nikkei collapse in the early 1990s, which then saw a select group of 15 companies possessing those characteristics rallying to a 400% bull market.

Nvidia is now worth as much as the whole Chinese stock market

Nvidia's market cap has swelled to $1.7 trillion, the same as every stock in China's market combined.

markets.businessinsider.com

 

[SaadH]

What a joke, turned into a meme stock.

 

[Hamartia Antidote]

tanking

Hong Kong Stocks Plunge to Losses for 4th Straight Year

Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.

www.nytimes.com

 

[RescueRanger]

Merging with existing thread. No need for multiple threads on same subject matter.

 

[Get Ya Wig Split]

Nvidia chases $30 billion custom chip market with new unit: Reuters​

Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence processors, according to nine sources familiar with the company’s plans.

The dominant global designer and supplier of AI chips aims to capture a portion of an exploding market for custom AI chips and to protect itself from the growing number of companies interested in finding alternatives to its products.

The Santa Clara, California-based company currently controls about 80% of the market for high-end AI chips, a position that has sent its market value up 40% so far this year to $1.73 trillion after it more than tripled in 2023.

Its customers, which include ChatGPT creator OpenAI, Microsoft, Alphabet and Meta Platforms, have raced to snap up the dwindling supply of Nvidia chips to compete in the rapidly emerging generative AI sector.

Nvidia’s H100 and A100 chips serve as a generalized, all-purpose AI processor for many of those major customers. But the tech companies have started to develop their own internal chips for specific needs. Doing so helps reduce energy consumption, and potentially can shrink the cost and time to design.

Nvidia is now attempting to play a role in helping these companies develop custom AI chips that have flowed to rival firms such as Broadcom and Marvell Technology, according to the sources who declined to be identified because they were not authorized to speak publicly.

“If you’re really trying to optimize on things like power, or optimize on cost for your application, you can’t afford to go drop an H100 or A100 in there,” Greg Reichow, general partner at venture capital firm Eclipse Ventures said in an interview. “You want to have the exact right mixture of compute and just the kind of compute that you need.”

Nvidia does not disclose H100 prices, which are higher than for the prior-generation A100, but each chip can sell from $16,000 to $100,000 depending on the volume purchased and other factors. Meta has said it plans to bring its total stock to 350,000 H100s this year.

Nvidia officials have met with representatives from Amazon.com, Meta, Microsoft, Google and OpenAI to discuss making custom chips for them, according to two sources familiar with the meetings. Beyond data center chips, the company has pursued telecom, automotive and video game customers.

In 2022, Nvidia said it would let third-party customers integrate some of its proprietary networking technology with their own chips. The company has said nothing about the program since, and Reuters is reporting its wider ambitions for the first time.

A Nvidia spokesperson declined to comment beyond the company’s 2022 announcement.

Dina McKinney, a former Advanced Micro Devices and Marvell executive, heads Nvidia’s custom unit and her team’s goal is to make its technology available for customers in cloud, 5G wireless, video games and automotives, according to a LinkedIn profile. Those mentions were scrubbed and her title was changed after Reuters sought comment from Nvidia.

Amazon, Google, Microsoft, Meta and OpenAI declined to comment.

$30 billion market​

According to estimates from research firm 650 Group’s Alan Weckel, the data center custom chip market will grow to as much as $10 billion this year, and double that in 2025.

The broader custom chip market was worth roughly $30 billion in 2023, which amounts to roughly 5% of annual global chip sales, according to Needham analyst Charles Shi.

Currently, custom silicon design for data centers is dominated by Broadcom and Marvell.

In a typical arrangement, a design partner such as Nvidia would offer intellectual property and technology, but leave the chip fabrication, packaging and additional steps to Taiwan Semiconductor Manufacturing Co. or another contract chip manufacturer.

Nvidia moving into this territory has the potential to eat into Broadcom and Marvell sales.
“With Broadcom’s custom silicon business touching $10 billion, and Marvell’s around $2 billion, this is a real threat,” said Dylan Patel, founder of the silicon research group SemiAnalysis. “It’s a real big negative - there’s more competition entering the fray.”

Beyond AI​

Nvidia is in talks with telecom infrastructure builder Ericsson for a wireless chip that includes the chip designer’s graphics processing unit (GPU) technology, according to two sources familiar with the talks.

650 Group’s Weckle expects the telecom custom chip market to remain flat at roughly $4 billion to $5 billion a year.

Ericsson declined to comment.

Nvidia also plans to target the automotive and video game markets, according to sources and public social media postings.

Weckel expects the custom auto market to grow consistently from its current $6 billion to $8 billion range at 20% a year, and the $7 billion to $8 billion video game custom chip market could increase with the next-generation consoles from Xbox and Sony.

Nintendo’s current Switch handheld console already includes an Nvidia chip, the Tegra X1. A new version of the Switch console expected this year is likely to include a Nvidia custom design, according to one source.

Nvidia chases $30 billion custom chip market with new unit: Reuters

Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced AI processors.

www.cnbc.com

 

[HAIDER]

tanking

View attachment 18108

Hong Kong Stocks Plunge to Losses for 4th Straight Year

Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.

www.nytimes.com

Its passing Amazon in next few months or year. Close to 1. 74 trillion

 

[War Lord]

Calls on NVDA.

 

[Get Ya Wig Split]

NVIDIA'S MARKET CAP SURPASSES AMAZON AND GOOGLE.

 

[Get Ya Wig Split]

NVIDIA beats expectations. The complete dominance continues. NVIDIA is up nearly 8% after hours. Intel claims they are on track to take over technological supremacy.






https://twitter.com/zerohedge/status/1760341305278767126
https://twitter.com/DeItaone/status/1760414637416133099
https://twitter.com/KobeissiLetter/status/1760415654966858072

 

[Get Ya Wig Split]

$250 BILLION swing in market cap in just under 15 minutes.

@F-22Raptor @Hamartia Antidote

 

[Get Ya Wig Split]

NVIDIA: DATA CENTER SALES TO CHINA DECLINED SIGNIFICANTLY

China be like: