Nvidia shares surged after the chipmaker's better-than-anticipated earnings report, as its CEO said generative AI has hit a "tipping point."
(Bloomberg) -- Computer components are not usually expected to transform entire businesses and industries, but a graphics processing unit Nvidia Corp. released in 2023 has done just that. The H100 data center chip has added more than $1 trillion to Nvidia’s value and turned the company into an AI kingmaker overnight. It’s shown investors that the buzz around generative artificial intelligence is translating into real revenue, at least for Nvidia and its most essential suppliers. Demand for the H
SANTA CLARA, Calif., February 22, 2024--David Zinsner, Intel's chief financial officer, will participate in a fireside chat at the Morgan Stanley Technology, Media, and Telecom Conference.