Nvidia CEO Jensen Huang's keynote at the company's blockbuster GTC Conference is giving Wall Street more reason to stay bullish on the chipmaking behemoth.
Nvidia CEO Jensen Huang's keynote at the company's blockbuster GTC Conference is giving Wall Street analysts more reason to stay bullish on the chipmaking behemoth. The company rolled out its highly anticipated new generation of artificial intelligence chips dubbed Blackwell on Monday, with the first iteration known as GB200 poised to ship in 2024.
mountain Nvidia shares year to date Huang also highlighted software plans as the company looks to expand its AI ecosystem. One new product known as the Nvidia Inference Microservice aims to help companies using older GPUs for inference — which refers to the process of running large language models. "In the keynote, he laid out a vision of an AI-powered future, with generative AI the building block of a new industrial revolution," wrote Morgan Stanley analyst Joseph Moore.
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